Power Grid FPO

[vaibhavgarg2009]

Yes the allotment has been done .I can see that in my account allotted 65 out of 195 .

 

[vaibhavgarg2009]

so guys need advice. What would be better sell it right away or keep it for (how much in that case)?

 

[sajalvaish]

i have applied through sbi asba for powergrid for 650 shares the lien was lifted yesterday but no allotment is done what can i do?

 

[goodbrother]

i have applied through sbi asba for powergrid for 650 shares the lien was lifted yesterday but no allotment is done what can i do?

allotted shares (app 176) will be credited and reflect in your demat a/c positively before 26th 9 A.M. , to enable you sell new FPO shares which will list on 26th only.
no need to worry

 

[swati23]

Where did you check the allotment details?

 

[goodbrother]

Where did you check the allotment details?

karvy registrar not yet uploaded allotment files

http://mis.karvycomputershare.com/ipo/

if you have applied for 260 or more divide with 3.7 to know allotted shares , and check your demat a/c for credit.

if applied 65 to 195 then 65 shares may be by lottery.

 

[swati23]

Thanks Its available on the website now. I got 297 shares.

 

[swati23]

Did you guys get your money back?

 

[a2744010]

Re: Power Grid IPO

There are 2 imp thing to keep in mind, a) govt has to sell it's more ipo/fpo, coal india was just a trailor and b) thanksgiving in America, which every year brings down international markets is around listing date (25th nov). Once thanksgiving is over FIIs will go on x-mas holidays and DII-LIC-MF will have free hand to play with this/MOIL/SCI/Hind Copper. So be positive with atleast a week or two view after listing.

Like I said, market needs an excuse during thanksgiving to fall down. This post was made during market peak on 10th nov and we are 10% down from there.

 

[trader_man]

Has anyone received refund of balance amount from Powergrid FPO? I still haven't received it. I am with SHCIL.