Not getting any shares in IPO

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  #1  
Old 10th March 2006, 01:41 AM
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sk_bhat is on a distinguished road
Default Not getting any shares in IPO

Hello All,

I am not getting any shares in recent IPO. All my application got rejected for last 4-5 months. I had invested in 7-8 times in (Rs 20000 - 25000 each ) IPO.

I am new to share market. PLease throw some lights on this.
Are there any tricks for this? Do I have to invest more ??


Thanks & Regards,
Shashi
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  #2  
Old 10th March 2006, 04:25 PM
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pkjha30 will become famous soon enough
Thumbs down Re: Not getting any shares in IPO

Hi

Avoid IPO.
If still you want to put your money then
give the limit price and apply for max permitted.
Apply Online if possible. There are several online trading sites available.
There is a discussion thread in this forum,go through it.

I got my money locked up for quite some time and finally got meagre (its pro-rata allotment) allotment in retail segment. About 80% locked up for a month was refunded without any interest.

If fundamentals are really strong then you might invest in that company at the time of listing or after the dust settles down.

There are good picks available in companies and you will get good returns if you follow certain rules.

Pankaj
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