Was anyone able to apply for NHPC IPO using ASBA through HDFC securities ? I couldnt. The entire amount was deducted from my savings account ! Any idea was this only with HDFC or even with ICICI etc. as well...

THANKS...

Is there a separate application form for those who are applying by cheque. thanx...

Thanks arunk11. Good to know this. 15 years ago when stock invest [applicants used to get interest from bank during this time] was in force registrars were biased as they would not get interest during the time period. They would not allot shares to such application. Good to know that ASBA is not another stock invest. i will apply as ASBA for NHPC. Thanks....

Can you please tell me how this figure of 336 plus is arrived at? I had applied for 520 shares. How many will I get?...

well things can be justified.can u justify why idfc pvt equiity bought sical at 230.cmp is 40. can u justify vaibhav gems fiis bought at 500 (300 cr rupee)now 20 rupee....there are many stocks including good fundamental stocks... all deals have ulterior motives....as u never know the motive behind./ in one case fii gave money to vaibhav (300 cr)and they bought a foreign co.../indirectly that foreigh co could be in some way related to that fii.ultimately the fii got back the money...circular trading.this is what i feel happend. another case..../in qip,preferential allotments,bulk deals etc etc....they were done at 21000 sensex so many...look cmp..sime cases still down 80% as i have feeling this works like this....u want money as a company.a fii have suppose 200 cr value shares in ur company.he want to maintain that holding suppose. u will make preferenital issue for suppose 100 cr to him. indirectly he will sell that shares(pool of previously held shares---with prior negotiations with ment(u)and other big shareholders)and they will sell the shares worth 100 cr in open markets.the difference in rates u will five(sale price and issue price of preferential share) ultimately u get the money(ur company),fii get their commision,public has indierecly financed u who bought the shares frm markets. this is what happening to recently qips etc.... whatever....theses are my personal views.so if there are preferential deals etc etc u will see always stocks come down...but at the end of day valuations matter.so not necessare stock will tank.but something is always cooking in deals.....remember..its sign to be caution...

parrot astrology, ofcourse it may have different prediction in 30 mnts gap which u may read in msgs below ...

OIL INDIA
dear adaljaarun
if HNI (or any body in QIB or retaial) if applied at 1000
1. if price declared would have been 950, allotment in 950 and balance refunded.
2. since price declared at 1050 ,application will be rejected.

to be more precise all applications made for 1049 or less will be rejected...

ASBA appl form and appl form with cheque /DD paymets are different...

dear megaissue

you apply by cheque/draft/online/ASBA with full payment/partpayment , Registrar has no role to check . he has only to do allotments and submit the datas , if your appl is punched you will get shares and payments to be deducted from your account Escrow bank / ASBA banker .
Refund :in case of ASBA your banker will deduct money and release balance , and in case of payments refund will be made by registrar as per appl mode for you ...

ADANI

Lot size was 65

if you applied
65 or 130 shares : divide by 2.96 whish is retail ov or ersubscription,. your entitlement comes to 22 or 44 shares. since minumum allotment has to be 65 shares , you will be allotted 65 shares by Lottery.

195 to 975 shares : divide by 2.96 so 195 share appl will get firm 66 similarly on other appl you may calculate.few shares may be extra as retail oversubscription may come down due to rejection or lower price bids or cheque bouncings...

in your 975 share appl , since retail is 2.9 times , you will get firm proportionate of 336 shares plus few shares extra , say app 10 to 15 shares due to rejections , employee quota unsubscribed etc...

If you feel Adani power worth rupee 50 - 60 only , can you justify why Anchor investors have purchased 15% on 27th as per SEBI new Guidelines . this purchase is app 50 crore shares @ 95/ with a Lock in period of 30 days...