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| Discuss Urgent ..Reliance IPO-Retail or HNI which one to choose at the Initial Public Offers (IPO's) within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hello, as per NSE website HNI is oversubscribed 32 times & Retail is by 9 ... |
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#1
18th January 2008, 11:07 AM
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Urgent ..Reliance IPO-Retail or HNI which one to choose
Hello,
as per NSE website HNI is oversubscribed 32 times & Retail is by 9 times. I have only one DMAT account. I dont care about discount. I have 232,000Rs to invest. question is can I bid for 2000 shared on partial payment 2010 shares*115 Rs = 231150 Rs. alternatively I can bid for 225 shares in Retail segment, in which case I will be benifited means more shares? Please suggest apply Retail(225 shares) or HNI (2010 shares), provided total amount of money is 232000 Rs only. 
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#2
18th January 2008, 05:11 PM
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Re: Urgent ..Reliance IPO-Retail or HNI which one to choose
Partial payment option holds only for retail investors.
If you are applying for HNI,then you need to pay full amount.
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#3
18th January 2008, 05:28 PM
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Re: Urgent ..Reliance IPO-Retail or HNI which one to choose
Hi,
I want to open a demat account & an online trading account? with whom should i open it other than ICICIdirect and sharekhan. please advise DJ
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#4
18th January 2008, 07:40 PM
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Re: Urgent ..Reliance IPO-Retail or HNI which one to choose
Quote:
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#5
20th January 2008, 11:11 PM
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Re: Urgent ..Reliance IPO-Retail or HNI which one to choose
Hi
There I have have applied for 225 share with partial payment .if i get 2 lots and if payment from my account goes full will i be able to sell ? plzz help
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#6
21st January 2008, 12:43 PM
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Re: Urgent ..Reliance IPO-Retail or HNI which one to choose
You will be able to sell on listing day itself if your partial payment is less than the full value of the alloted shares.
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