Shipping Corporation of India Ltd FPO Message Board (Page 4)

APPLIED 50 AND ALLOTED 50 SHARE WHEN WILL I SELL AND LISTING DATE ? IF TOMORROW WILL I SELL THE SHARE MEANS ANY PENAULTY WILL I PAY ...

VVK(544)
DO NOT WORRY.YOUR ACCOUNT WITH SBI WILL BE DEBITED.SBI RELEASES THE LIEN FIRST AND THEN DEBIT THE AMOUNT FOR ALLOTED SHARES IF ANY.

applied for 300 shares and couldn't be allotted any share.
See my luck, no matter...
I will purchase from mkt when it goes below 125-127

thnx God !! that I got 17 +17 shares of MOIL in my two account

Karvy website shows 112 shares alloted for online ASBA SBI. But SBI has released full money. Anyone else who applied thru SBI ASBA, has money been debited?

WHEN CAN WE TRADE FOR fpo SHARES

when will the balance be refunded back as i have not got any share. any possible reason for the same

is any body's asba fund released with sbi. i applied in two application inasba-sbi-online. share allotted as per karvy but nodebit/fund release in sbi why?

Dear All Investor Who are Selling thair share in cmp 139.50 to 140.50 understand very well that delivery of SCI share must be in your demat a/c on 16 Dec. 2010 at 9:30 am. Because delivary obligation of shares sold today is 16Dec 2010 (Thrusday) at 9:30 am.
All Investor whor are seling share have to given SCI Share to Exchange any how. Now all of you can understand that If all Investor got share arround 11:00 am on 16 Dec will be use less and i hope that it will be done what i am telling all of you toady. One More thing if anybudy sell share on tomorrow his obligation will be 20 Dec.2010 because on 17 Dec.2010 is official holiday buy DPs and Banks. SO MY ADVISE IS SELL SHARE TOMORROW ONLY EVEN SCI PRICE WILL BE 135/-136/- BETTER THAN AUCTION PENALTY ARROUND 3% OF STOCK PRICE .

sold 224 at the rate 140.55 as soon as the allotment came and earned 1.5 k :)

532. SUSHIL KOTHARI

No, auctioning can be prevented if investors purchase on Thursday after 3:00 p.m. if they don't get credit to their demat a/c. Delivery comes on Friday. For top 100 companies, most probably auction can be avoided by doing so.

532. SUSHIL KOTHARI

If investors SELL today: -

1. Shares will come for delivery on Friday. By Thursady if they get to their demat a/c it is well & good.

2. If they don't get to their demat a/c by Thursday, then investors are compelled to buy on Thursday at least after 3:00 p.m. to avoid auction.

3. Investors can borrow from broker / fellow clients & SELL if they are sure that they could get shares later at lower levels.

For top 100 shares, 90% chance is auction can be avoided even by selling two days in advance.

Dear SCI investor, Don't sell your share in hurry at discount. Give few time to stabilize the price. If u keep it for long time (say 1 year or more) it will give u decent return

Hello

I want to buy stocks and keep it for long term using the hdfc securities account.

Can some one tell me what option should I choose- cash and carry / margin trading? and also when will the stocks be delivered into my account?

Thanks

The Shipping Corporation of India Ltd - FPO
Issue Dates - 30-11-2010 to 03-12-2010
Issue Price Rs.140/-(For Retail Rs.133/-)
Oversubscription Figures:
HNI : 2.780315 x
RETAIL : 6.25 x
Basis of allocation under Retail:
No of Shares Applied      No. of Shares Allotted      Ratio
            
50      50      4:25
100      50      8:25
150      50      12:25
200      50      16:25
250      50      4:5
300      50      16:17
350      56      1:1
      1      5:102
400      64      1:1
450      72      1:1
500      80      1:1
550      88      1:1
600      96      1:1
650      104      1:1
700      112      1:1
750      120      1:1
800      128      1:1
850      136      1:1
900      144      1:1
950      152      1:1
1000      160      1:1
1050      168      1:1
1100      176      1:1
1150      184      1:1
1200      192      1:1
1250      200      1:1
1300      208      1:1
1350      216      1:1
1400      224      1:1

Got 80 shares for 500 applied. Is it so for all in this category?

ALLOTEMENT DISPLAYED ON KARVY WEBSITE

I applied for 1400 and got 224!

Few analysts I talked to say that I would get between Rs. 20-40 per share!!
So if I sell I could make a profit of 4480-8960!
too little for a 2Lakh application!

527.Ravi,Banglore, You are absolutly right.In ENGEENERS iNDIA IPO what happend with investore who sold thair allotment share in market without confirm with DP and all suffered with heavy Auction penelty.This is realy cheating with client that govt. declare listing late 14 of Dec but shares not alloted to cliens Demat a/c. Plz do not sell blindly because anything will happend with this IPO.

Got 64 shares!
Applied for 400 shares... means 64*7= Rs.448 profit only (at 140 price)
not even 1% of application amount :(

Applied 2 lots.
Got 1 lot

Application no. 11035987