Feedback Message Board

SEBI has already moved for cut off price for retail shareholders in FPO also which may take sometime.but in REC case it will not BE APPLICABLE.and general perception that retail shareholders are not going to get any allotment is true as most of the retail category would have applied close to 315 only.there was no idea of keeping a watch for whole of day and applying at such a high rate afterwards.The whole discount will vanish in this way.