There are not charges as you are buying IPO from the primary market.
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Oil india Ltd IPO subscribed 4.02 times(0.3096 times in retail) on it's 3rd day.
Oil India Ltd IPO finally subscribed 30.82 times (1.7642 times in retail).
Issue price fixed @ 1050. Listing date 30th September.
IPO allotment is out. Please check your allotment status on following site - http://mis.karvycomputershare.com/ipo/
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Tomorrow would be the listing day for Oil India IPO. What should I do? Sell on the listing day or hold?
Subodh,
Still holding oil India or sold on listing gains. I would suggest hold (if you havn't sold yet). Citigroup is also suggesting to hold it for long term.
http://www.moneycontrol.com/news/ipo...up_417265.html
After long time IPOs are in focus. Oil India ends day 1 at 8% premium (Rs1135) :tea:. Hope everybody made good profits in this IPO.
I would normally book profit on listing day and buy later for long term. Some times off market news take market down like - Bharti - MTN deal. Tomorrow it will take market down. But will give a give good opourtunity to buy Bharti.