You can apply uptp Rs. 200,000/- retail limit.Originally Posted by Expert
Definitely apply for Power Grid FPO, but as a medium term investment of 3-5 months.
One can expect a good 15%-20% gain in that period.
You can apply uptp Rs. 200,000/- retail limit.
Definitely apply for Power Grid FPO, but as a medium term investment of 3-5 months.
One can expect a good 15%-20% gain in that period.
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I am speaking from experience and my own personal views above - I am not an advisor, nor an expert.
Capital Market Website has given it a rating of 51, which is equal to Coal India rating. A must apply for everyone.
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Qualified Institutional Buyers (QIBs) = 18.52%
Non Institutional Investors = 1.63%
Retail Individual Investors (RIIs) = 0.72%
Employees (EMP) = 0.37%
Total = 9.72%
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I am speaking from experience and my own personal views above - I am not an advisor, nor an expert.
Are you sure? The Rs. 2,00,000/- limit is for IPOs.
Last edited by Administrator; 12-11-2010 at 07:51 PM.
Can some one tell me when will the stocks be given to us(FPO) for trading?
FPO Share's listing date - November 25, 2010
* SAFE
Self Appointed Financial Expert
Power Grid FPO subscribed 14.5 times.
Retail Cap in IPOs to Rs 2 lac
The Securities & Exchange Board of India (SEBI) has increased investment limit in IPO (initial public offer) or FPO (follow-on public offer) for retail investors to Rs 2 lakh from Rs 1 lakh.
RPP Infra Projects is the first public offer that will get benefited from this investment limit.
SEBI had announced the limit last month but will get implemented from now onwards. However, the SEBI has not increased retail investors’ reserved portion, which kept at 35%.
* SAFE
Self Appointed Financial Expert
The Rs. 200,000/- limit is applicable from 15th Nov'2010 after SEBI notification.
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