There are not charges as you are buying IPO from the primary market.Originally Posted by Samratzz
There are not charges as you are buying IPO from the primary market.
Oil india Ltd IPO subscribed 4.02 times(0.3096 times in retail) on it's 3rd day.
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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/
Just select the IPO and application no.
In order to get a Loan, you first need to prove that you don't need it.
Tomorrow would be the listing day for Oil India IPO. What should I do? Sell on the listing day or hold?
I would suggest sell on listing if you are making good listing gains. And buy later on when the prices are less. Market is going to go down anyday.
How much shares you have got?
In order to get a Loan, you first need to prove that you don't need it.
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
In order to get a Loan, you first need to prove that you don't need it.
After long time IPOs are in focus. Oil India ends day 1 at 8% premium (Rs1135). 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.
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