Thanks Ashish for the explanation.. but a liitle more remains to be clarified...

Lets assume a company X whose worth is Rs 1000 plans to go public worth 10%.. i.e it plans to offload 20 shares of face value Rs 5 ( 20 *5 = 100 =10% of 1000) in the market...

Now after sometime it goes for a bonus share...of face value 5.. ( 1+1)

so now...there will be 40 shares of Rs 5 face value with the public..

Now the question is.. how do you accomodate these additional 20 shares .. has company's management reduced its %.. from earlier 90% (900/1000) to 80%(800/1000) now...?

I am sure it doesn't work this way...

or is it that.. earlier single share of Rs 5 was worth 0.5 % (5/1000) of the company.. now after bonus.. it becomes 0.25% (5/2000) ?

Bonus shares are issued by converting the liquid reserves into shares.
in your example, the additional 20 shares of Rs.5 comes from the capital reserves that company has.

well kaushy..
in a stock split - the face value of a share is reduced so that it becomes more tradabale and more liquid so that a person can buy a share with less amount of money spent..in other words ,the entry cost decreases.
bonus - existing shareholders or the ppl buying the share bfor record date r entitled 2 get the bonus shares (1 share for 1 share as in case of Infy),face value of the share remaining the same.Normally a bonus is issued when the financials of the company r in gud position (as in Infy case) and yes the market accounts the bonus of the shares and the market price should ideally reduce to half for 1:1 bonus.Also liquidity increases in this case also.

happy investing:)

Thanks Ashish for the explanation.. but a liitle more remains to be clarified...

Lets assume a company X whose worth is Rs 1000 plans to go public worth 10%.. i.e it plans to offload 20 shares of face value Rs 5 ( 20 *5 = 100 =10% of 1000) in the market...

Now after sometime it goes for a bonus share...of face value 5.. ( 1+1)

so now...there will be 40 shares of Rs 5 face value with the public..

Now the question is.. how do you accomodate these additional 20 shares .. has company's management reduced its %.. from earlier 90% (900/1000) to 80%(800/1000) now...?

I am sure it doesn't work this way...

or is it that.. earlier single share of Rs 5 was worth 0.5 % (5/1000) of the company.. now after bonus.. it becomes 0.25% (5/2000) ?

Kaushy
Guys a question over here...

is there any difference between Stock Split and Bonus.. if yes what...?

and if they both are same... then does the face value of a share gets reduced by same %ge...
ex: Currently Infosys 1 share Face Value is Rs5
Will it reduce to Rs 2.5 after Bonus...?

otherwise... is it like..
after bonus.. a person will have two shares (1+1) each of Rs 5( Face Value ) but with the current market price going down to Rs 1500.. ?
If this is the case then the only benefit I can see out of this entire procedure is that now when the share price comes down to Rs 1500, it becomes easy to trade in the market as compared to an earlier price of Rs 3000.

well kaushy..
in a stock split - the face value of a share is reduced so that it becomes more tradabale and more liquid so that a person can buy a share with less amount of money spent..in other words ,the entry cost decreases.
bonus - existing shareholders or the ppl buying the share bfor record date r entitled 2 get the bonus shares (1 share for 1 share as in case of Infy),face value of the share remaining the same.Normally a bonus is issued when the financials of the company r in gud position (as in Infy case) and yes the market accounts the bonus of the shares and the market price should ideally reduce to half for 1:1 bonus.Also liquidity increases in this case also.

happy investing:)

Guys a question over here...

is there any difference between Stock Split and Bonus.. if yes what...?

and if they both are same... then does the face value of a share gets reduced by same %ge...
ex: Currently Infosys 1 share Face Value is Rs5
Will it reduce to Rs 2.5 after Bonus...?

otherwise... is it like..
after bonus.. a person will have two shares (1+1) each of Rs 5( Face Value ) but with the current market price going down to Rs 1500.. ?
If this is the case then the only benefit I can see out of this entire procedure is that now when the share price comes down to Rs 1500, it becomes easy to trade in the market as compared to an earlier price of Rs 3000.

---
Could not make my question any more simple... ??:

thanks for the information.

In general, are there any percentage of shares reserved for retail subscribers ?
or is it to the discretion of the company issuing ipo ?
for RPL , how many shares are reserved for retailers ?

when will i come to know how many shares are allotted for me ?
when they return the money back, will they pay interest for the amount ?

and a very basic question. i find that transactions are closed at 3:30 pm in icici direct. but indices keep changing till some time later in the evening. when does the markets close exactly ?

+marc

According to the article I was going through the other day.. RPL has 10% of the total shares reserved for Retail investors.....
which is equivalent to the figure of 13.5 crore equity shares....

it takes about three weeks after you place your bid, that you are allotted the shares and the money is refunded to you (if applicable)..
and NO, they don't pay any interest for that period...

and the markets close at 4 in the evening...

Cheers!!

@Every1...

DO NOT MISS this month's special issue of "Dalal Street"...In many ways its a "Once in a LifeTime" kinda thng...Ofcourse u have the regular 20 Hot Stocks thingy 4 the coming FY alongwith all those spcl artcles by MDA n the likes...But what I loved most was the space dedicated to the "Evolution of our Stock Mkts" so 2 say...Last 15 odd pages jus 4 that...N trust me, it makes for VERY VERY GOOD n INTERESTING reading...

Needless 2 say...This spcl issue comes at 100 bucks as opposed to the regular 50...

thanks for the information.

In general, are there any percentage of shares reserved for retail subscribers ?
or is it to the discretion of the company issuing ipo ?
for RPL , how many shares are reserved for retailers ?

when will i come to know how many shares are allotted for me ?
when they return the money back, will they pay interest for the amount ?

and a very basic question. i find that transactions are closed at 3:30 pm in icici direct. but indices keep changing till some time later in the evening. when does the markets close exactly ?

+marc

Hello,

I have doubt regarding the payment for shares.
Suppose I choose the option of paying only Rs. 16.
1. It won't affect the number of shares allotted to me when compared to someone who paid 62 ? ( pretty sure of this, but still---no it will not affect allotment
2. When and how will I pay the rest of the amount ?

relinace/karvy will inform u by when, how and what mode u have to make the payemnt, yes provisions can be made for it to be done thru ur existing broker.
confirmed with icicidirect(thru which i trade) that they reserve the right to debit my account for bal payment

thanks,
+marc

think i change my view about getting allottemnt as the lastest figures are of 2.4 times oversubcription for retail level, good possiblity of being alloted shares. Think instituional appetite will be there for this stock so like i said one can expect good listing gains if not long term....

From what i have gathered is that u can sell fully paid equity shares which also means that the co. has the right to adjust any excess amount payable after allotment. Obviously any amount/balance due on the payment of the shares after the due date of the payment would lead to the forfieture. So u can sell once the payments r made
going by the oversubcription details already, its gotta be just sheer luck that to be alloted shares but do expect very good listing as a lot u will bid for it at the secondary mkrt given the huge appetite

Hello,

I have doubt regarding the payment for shares.
Suppose I choose the option of paying only Rs. 16.
1. It won't affect the number of shares allotted to me when compared to someone who paid 62 ? ( pretty sure of this, but still)
2. When and how will I pay the rest of the amount ?

thanks,
+marc

The current market seriously dont know whats gonna happen..every time Morgan stanley comes out with their pessismistic comments on INDIA feel like something very bad is goin to happen...the other day sensex crashed by abt 120 pts..and the before 300pts...and today it went up by 321 pts...

CNBC experts predicted on friday saying that sensex will come down to 10500 levels...stabilize and then come back...i dont remem the person's name he said... the FIIs selling is pea-nuts compared to the money which is floating now in markets ..so just imagine if he is true whats goin to happen if all the money goes out...retail buyers like us will be drowned...one classic example..FIIs bought SBI at 1040 odd price...so ideally the stock should touch atleast that..but it crashed after it touched 1012...to 910...now it is 930..(thank GOD)....

The current market is just manipulated by brokers...

i bought 6 infy at 3160/-...hope it touches atleast 3900..b4 bonus....
i feel it's always better to sell off the day before when the stock is goin for bonus or split...i have a bad experience with Mercator lines...which went for 3 bonus for every shares...the price before was 150/-..now it is 45..:((...

but IVRCL turned out to be a better one...i bought it at 1075..it touched 1580...and after split is now 286 so not a bad one...with highest price of 324/-...

...Gujarat Ambuja is one great stock...now at 118...ppl expect 130 ..hope so..but again in CNBC heard very bad opinions on this one...

Relcom which touched 336..(shit should have sold it then)..touched even 270...now it is arnd 283...


All the best to every one...

sharonenoch Says

but is there a date before which u should buy the shares to be eligible for the bonus

Yes dear you can buy the shares till just before the date of allotment of bonous as from that day the price of Infy share will become half of the previous traded day.

So one share bought at 3k will become two shares worth 1.5k.

vahgar Says

Me not getting the funda Infy has delcared the bonus thing but the shareholder have to approve it and only after that it comes into effect right? So If i buy 10 shares @ 3000 now, after bonus your telling me that the price of a share will be just half of the CMP ie 1500 odd?

See, its a procedure to take a nod from equity share holders before the bonus issue comes to effect. However, theres no hitch in it as over 50% of the equity is held by the board that passed the motion for stock split.
Also, better to call this a stock spilt and this makes it clear that infy ex-bonus will be half the cost it is before the split.

vahgarMe not getting the funda Infy has delcared the bonus thing but the shareholder have to approve it and only after that it comes into effect right? So If i buy 10 shares @ 3000 now, after bonus your telling me that the price of a share will be just half of the CMP ie 1500 odd

What i have understood is that the share price will come down to 1500 as in ur case but u will also have 20 shares in ur hand instead of 10 which u had before

Me not getting the funda Infy has delcared the bonus thing but the shareholder have to approve it and only after that it comes into effect right? So If i buy 10 shares @ 3000 now, after bonus your telling me that the price of a share will be just half of the CMP ie 1500 odd?

but is there a date before which u should buy the shares to be eligible for the bonus

sharonenoch| Says

i bought 1 infosys share today just taking a chance if i will get the bonus or not? will i be eligible for the bonus share...??? and is there any date before which the shares should be bought if it needs to be eligible for the bonus option. since as i have read as on April 14th, Infosys have not decided upon any date yet...

ofcourse u will get the bonus
Afterall, u paid the price cum - bonus

|vahgar Says

is it ok to get Infy now? I mean if u invest 3000 u get 3000 free!?

No raghav, it doesnt work that ways
happy investing

i bought 1 infosys share today just taking a chance if i will get the bonus or not? will i be eligible for the bonus share...??? and is there any date before which the shares should be bought if it needs to be eligible for the bonus option. since as i have read as on April 14th, Infosys have not decided upon any date yet...

vahgar Says

is it ok to get Infy now? I mean if u invest 3000 u get 3000 free!?

alas ...but only if it were like that .... if you buy it now , post the bonus the price of the share will be half what it was pre- exbonus. So if the exbonus date is 1st may and the price on 30 april was 3600 bucks then on 1st may the price will be 1800 bucks

is it ok to get Infy now? I mean if u invest 3000 u get 3000 free!?

India Cement
Mangalam Cement
J K Cement
Triveni Engg
Balrampur Chini

Dark Horses

Zee Telefilms
Amtek Auto
Kalpatru Power
Financial Technologies
ITI

-- Happy Investing --

One can bet easily on relian comm as well , stocks close it its all time low, decent ride to rs 300(normal price) would be a cool 10%

hi guyz,
i m willing to apply for RPL...
can anybody tell me..

if ill be able to sell the shares on listing if i avail the application money option i.e. pay rs 16 per share and rest later?

thanks

From what i have gathered is that u can sell fully paid equity shares which also means that the co. has the right to adjust any excess amount payable after allotment. Obviously any amount/balance due on the payment of the shares after the due date of the payment would lead to the forfieture. So u can sell once the payments r made

going by the oversubcription details already, its gotta be just sheer luck that to be alloted shares but do expect very good listing as a lot u will bid for it at the secondary mkrt given the huge appetite

hi guyz,
i m willing to apply for RPL...
can anybody tell me..

if ill be able to sell the shares on listing if i avail the application money option i.e. pay rs 16 per share and rest later?

thanks

Can any one pls enlighten me on the future prospects of RPL . I am a bit worried abt calling @62 cos if oil prices keep rising , it might affect RPL also .

Anybody planning to apply for Reliance Petro?

I have a question on RPL ... as per regulations we need to give our PAN number if we are applying for more than 50K worth of shares. Now in the case of rpl, @ 16 bucks and for 1600 shares ,we pay 25600. So does one need to mention our PAN number in that case?

in that case u are using a CALL @ 16 but actually u are bidding for the cut off (cant be lower than 62 as already oversubscribed)
So, PAN will be needed

Hey guys I am back with the high five for the next trading week along this I am also putting five dark horses on which everybody can bet on.

High Fives

India Cement
Mangalam Cement
J K Cement
Triveni Engg
Balrampur Chini

Dark Horses

Zee Telefilms
Amtek Auto
Kalpatru Power
Financial Technologies
ITI

-- Happy Investing --

hello guys

i just wanted to disuss the kind of wealth that INFOSYS have created for its shareholders over a period from its inception.

a fact: infy toook 23 long years to reach $1bn mark. and reached $2bn mark in just next 2 years (ecpected at this year end).
isnt it amazying........

the actual story:

infy came with and ipo @ 95 per share which was being unfortunately undersubscribed.
suppose if a person buys 100 shares @ 95/share 13years ago.
total amount invested is about rs 9500 only.

after that infy has anounced bonus shares 3 times.so the effect is as:

holding 100 shares
1st bonus 200 shares
2nd bonus 400 shares
3rd bonus 800 shares


after that they went for a stock split of 50%. so due to which the holding went to 1600 shares.

at the time of reaching $1bn mark infy gave 3 bonus shares for every on share held. so the holding shoot to 6400 infy shares today.

now just calculate the returns:

market price as on 13/4/2006 rs 3018/ share
shares holding *6400 shares
_______________________________________
total net worth of it rs 1,93,15200
---------------------------------------------

guys just look at it .
its close to 2 crores.

net worth of about 2 crores of money (rs 9500) invested 13 yeas ago.


isnt it amazying!!!!!!!!!!!!!!!!!

Anybody planning to apply for Reliance Petro?

I have a question on RPL ... as per regulations we need to give our PAN number if we are applying for more than 50K worth of shares. Now in the case of rpl, @ 16 bucks and for 1600 shares ,we pay 25600. So does one need to mention our PAN number in that case?

hi! marc
it's kurt saying hi to you
buddy i am persuing B.tech in electronics and just started to preparing for CAT
being techinical man
i am very far from Economics
can please refer me any site or can u explain how to start of with eco
BY da way
what is EQUITY FUND?

Hello Kurt,

Even I have same back ground as yours. If you put consistent effort, it will take only about 6 months to be at comfortable level in economics.

start frm here:
www.investopedia.com study the tutorials section
www.nse-india.com study the NCFM section. It is the certification in financial markets offered by NSE.

This should do for next few weeks.

Don't get bogged down by jargon. You search www.wikipedia.com for help in that. For any doubts, you have PG

Good luck !!

+Marc

this one is good
www.stockbaazigar.com

hi! marc
it's kurt saying hi to you
buddy i am persuing B.tech in electronics and just started to preparing for CAT
being techinical man
i am very far from Economics
can please refer me any site or can u explain how to start of with eco
BY da way
what is EQUITY FUND?

this one is good

www.stockbaazigar.com

PSU banking sector is currently at their bottom and OBC is not an exception.
It's a good share with reasonably low P/E.

But there are some other stocks in banking sector which looks better to me. The best among them is UCO Bank and ICICI bank. other good banking stocks are Andhra Bank, Bank of India and Allahabad bank.

Well most PSU banks have the low p/e for quite some time and many like allahbad havent come close to its highs of what they did in October. Yes we havnt seen the rally in many of these PSU'S banks(except for a short while in Jan) like other stocks after the october correction but many for a very long time stocks like allahabd bank and OBC havnt moved. If one wants to invest in them then one gotta be vey patient and also think theres better places to fetch higher returns as compared to PSU banks. And yes do believe that the downside is ltmd in them....
stocks like ICICI bank not the cheapest but one can expect much more from these stocks

quote aspirehigh
:satisfie: guys, what say about
*Thermax
*Gujrat Ambuja
*Dena Bank
?????
thinking to pour into!
rsvp

Gujrat ambuja expected to run up till rs. 115-117, till holcim offer gets done.
Better to sell till the time offer gets done, think it's more of hold then buy more

counters like prism seem interesting stocks at rs33 two days ago and then now at rs 36 odd. though its run up me advise picking it up at rs 33-34 levels which it would possibly touch. Think even India cemnts got some steam in it.


me betting on mcdowell, stock's target of rs 1,000.00, good buy @rs 820.00 after all big fan of its products:satisfie:

Hey Dukevarun,

Thanks for all your replies man...



I thought bonus was always extra... What you are saying is a share split of 3:4 isn't it...
In this case, i am getting literally nothing but as usual only hoping that share price of infy would rise on some grounds.



If that was bonus, then what is split.. ?



Still thinking....

Difference between a bonus share and Share split is that in case of share split face value of the share also reduces.In case of Bonus shares it remains same.

Hey guys, can anybody guide me on OBC shares. What should be done, should them be sold or held back, I have no plans to buy as no moolah with me right now .
Regarding some analysis, the max and min of OBC this year have been around 380 and 230, respectively and currently the price is at 245 (approx). It is lower than the average when we see the graph. Any suggestions experts.

PSU banking sector is currently at their bottom and OBC is not an exception.
It's a good share with reasonably low P/E.

But there are some other stocks in banking sector which looks better to me. The best among them is UCO Bank and ICICI bank. other good banking stocks are Andhra Bank, Bank of India and Allahabad bank.

Hey guys, can anybody guide me on OBC shares. What should be done, should them be sold or held back, I have no plans to buy as no moolah with me right now .
Regarding some analysis, the max and min of OBC this year have been around 380 and 230, respectively and currently the price is at 245 (approx). It is lower than the average when we see the graph. Any suggestions experts.

Hey Dukevarun,

Thanks for all your replies man...

Hi Marc,

Assuming that infy issues a bonus at 3:1 , in that case you will not get any bonus shares. What you will get is a check for the amount that you would have recieved. That will be 2/3 the cost of the adjusted share price. Eg. if the share goes ex-bonus at 3000 bucks at a bonus of 3:1 then in that case the price of the share will become 2250
ie 3 shares are worth 9000 bucks now 4 shares are worth 9000 ie each share is 2250

I thought bonus was always extra... What you are saying is a share split of 3:4 isn't it...
In this case, i am getting literally nothing but as usual only hoping that share price of infy would rise on some grounds.

It is not necessary that bonus shares come along with a split, some companies do that eg. ITC did it last year, Sterlite is planning to do a split and bonus sometime soon etc

If that was bonus, then what is split.. ?

As for buying more infy shares ... hmmm ..tough one... that depends on how much moolah you got !!!

cheers

Still thinking....

Adding to the questions:

1. I have 2 Infy shares. If Infy issues bonus at 3:1, I wont get anything ?
2. Does bonus shares always comes along with split of shares ?
3. With Infy shares at its peak now, is it really advisable to buy few more ? what are the chances that it would soar more ?

answers appreciated...

Hi Marc,

Assuming that infy issues a bonus at 3:1 , in that case you will not get any bonus shares. What you will get is a check for the amount that you would have recieved. That will be 2/3 the cost of the adjusted share price. Eg. if the share goes ex-bonus at 3000 bucks at a bonus of 3:1 then in that case the price of the share will become 2250
ie 3 shares are worth 9000 bucks now 4 shares are worth 9000 ie each share is 2250

Now since you hold two shares you have 6000 bucks in infy, but as per the new price your shares are worth 4500 bucks so you will get 1500 bucks back ( which also happens to be 2/3 the price of the share) which is the quantity of bonus shares that you were supposed to recieve.


It is not necessary that bonus shares come along with a split, some companies do that eg. ITC did it last year, Sterlite is planning to do a split and bonus sometime soon etc

As for buying more infy shares ... hmmm ..tough one... that depends on how much moolah you got !!!

cheers

Hi
Can someone tell me about the ratio of the bonus share issued by Infosys yesterday. And is it wise to purchase before the record date of the bonus, or once the share goes ex-bonus.

Adding to the questions:

1. I have 2 Infy shares. If Infy issues bonus at 3:1, I wont get anything ?
2. Does bonus shares always comes along with split of shares ?
3. With Infy shares at its peak now, is it really advisable to buy few more ? what are the chances that it would soar more ?

answers appreciated...

guyz i had a query...
my fren had purchased 100 nova petro..@157
bought on 13th march...coz of sum bonus newz 1:1 on dat..record date waz 20th march...but unfortunately he forgot 2 put them in his demat account b4 that date..
the price has halved but no issue of bonus shares..
ne idea wen will d shares b credited...if incase it wud...

:wow:

Infosys is going to be d stock of d month...
the rumours abt share bonus is due to 25 years of existence and another reasn is crossing $2 bn revene mark...
i believe SATYAM is also crossing $ 1 bn mark...so sum rumours regarding bonus issue of dat 2...
wat say...infy can tuch 3600 i believe post bonus ...if any..

Hi
Can someone tell me about the ratio of the bonus share issued by Infosys yesterday. And is it wise to purchase before the record date of the bonus, or once the share goes ex-bonus.

The Infy board is meeting on 14th to discuss about the bonus issue. Nothing has been officially declared till now. But with Infy over 3000, a split looks imminent. Its nothing like better ex-bonus or cum-bonus. You will find people buying/selling under both the situations

Hi
Can someone tell me about the ratio of the bonus share issued by Infosys yesterday. And is it wise to purchase before the record date of the bonus, or once the share goes ex-bonus.

Yo marc,
Just to add to what dukevarun put up... he's perfect at that the initial payment is 16 bucks and later you pay the difference (cut-off price - 16). Its surely gonna be 62 since RIL themselves are gonna subscribe to almost 90 Cr shares of RPL at 62! (Now thats the game they play).

The 1600 share limit is because retail investors can apply only for 1,00,000/- worth of stock. So, 1 lac / 62 = 1612 shares. Since the lot size is in multiples of 100, they have limited subscription per person to 1600. No encouragin/discouragin - this is plain regulation. Also, for a subscription above 50,000 you need to give in your PAN number.

Hope that sorts it out!

This is all fine but does it affect the chances for allotment if one bids @ 16 or 62 ??I mean, will there be any sub quotas amongst retail block??
Maybe if they get sufficient bids @ 62 (ie. if its oversubscribed @ 62 itself), wont they prefer these bids over those @ 16? Afterall this saves them a lot of paperwork and transactions afterwards

Regarding reliance ipo.

http://news.moneycontrol.com/india/news/ipoissuesopen/reliancepetroleumrpl/retailinvestorswillpayonlyrs16/shforrplipo/19/26/article/208981

1. why does rpl offer at rs.16 for retail investors ?
2. why is it an option for the retail investor ? who will anyway bid above that price when it is offered at 16?
3. suppose few guys bid for 57-62 band, can the cut-off price be much above 16? in that case, will i not get any share ?
4. what is the use of all these ? are they encouraging or discouraging the retail investor, with bid limit to 1600 on the upper side ?

some one explain plz....

Yo marc,
Just to add to what dukevarun put up... he's perfect at that the initial payment is 16 bucks and later you pay the difference (cut-off price - 16). Its surely gonna be 62 since RIL themselves are gonna subscribe to almost 90 Cr shares of RPL at 62! (Now thats the game they play).

The 1600 share limit is because retail investors can apply only for 1,00,000/- worth of stock. So, 1 lac / 62 = 1612 shares. Since the lot size is in multiples of 100, they have limited subscription per person to 1600. No encouragin/discouragin - this is plain regulation. Also, for a subscription above 50,000 you need to give in your PAN number.

Hope that sorts it out!

1. Brokerages are more or less for all the types of shares.It mainly depends upon the broker what they r charging as most of security houses have 0.5 % + ss +stt for every kind of sale and purchase. But it also varies on the number of shares u purchase as for example in HDFC SEC they charge 1% for purchse of number of shares below 50. [ It wd be advisible if u contact ur trading firm abt it ]

2.First it depends on what no of shares u bought and it will be same for sell also. [ I also purchased 150 shares of ZEE @241 in lot of 50 but the brokerage was just 0.5 % ]

3.
-- Pg Site
-- moneycontrol.com
-- capitalmarket.com
-- bseindia.com
-- nseindia.com
-- thehindubusinessline.com
-- sifyfinance.com
-- ndtvprofit.com

^^ Happy Investing ^^

Thanks Ashish

1. Brokerages are more or less for all the types of shares.It mainly depends upon the broker what they r charging as most of security houses have 0.5 % + ss +stt for every kind of sale and purchase. But it also varies on the number of shares u purchase as for example in HDFC SEC they charge 1% for purchse of number of shares below 50. [ It wd be advisible if u contact ur trading firm abt it ]

2.First it depends on what no of shares u bought and it will be same for sell also. [ I also purchased 150 shares of ZEE @241 in lot of 50 but the brokerage was just 0.5 % ]

3.
-- Pg Site
-- moneycontrol.com
-- capitalmarket.com
-- bseindia.com
-- nseindia.com
-- thehindubusinessline.com
-- sifyfinance.com
-- ndtvprofit.com

^^ Happy Investing ^^

thanx

guys, what say about

*Thermax
*Gujrat Ambuja
*Dena Bank


?????

thinking to pour into!
rsvp
aspirehigh(er)

I am posting first time in this thread and need some guidance in investing. I am looking for short term gains and recently ( Just 2 weeks back) invested in Biocon and Zee telefilms.I have few questions to ask---
1. What are brokerages for different type of shares such as A,B etc?
2. While buying shares of Zee @ 238 I was charged brokerage+STT of Rs 7 per share. So when i will sell these shares, will I be charged the same amount?
3. Suggest soem good sites where useful information pertainig to stockes ( such as PE ratio, 52 week high and lows are available.

Plz give ur comments.

bye

1. Brokerages are more or less for all the types of shares.It mainly depends upon the broker what they r charging as most of security houses have 0.5 % + ss +stt for every kind of sale and purchase. But it also varies on the number of shares u purchase as for example in HDFC SEC they charge 1% for purchse of number of shares below 50. [ It wd be advisible if u contact ur trading firm abt it ]

2.First it depends on what no of shares u bought and it will be same for sell also. [ I also purchased 150 shares of ZEE @241 in lot of 50 but the brokerage was just 0.5 % ]

3.
-- Pg Site
-- moneycontrol.com
-- capitalmarket.com
-- bseindia.com
-- nseindia.com
-- thehindubusinessline.com
-- sifyfinance.com
-- ndtvprofit.com

^^ Happy Investing ^^

I am using icici direct for subscription. when and how should i actually pay the rest of the amount ?


I am not sure I understood this clearly. Given at 16, I subscribe for a larger number of shares. Then price discovery happens. Then I pay rest of the amount. Then they keep my money for 1 month before allotting shares and repaying me rest of my money, which is what is earning them 4% p.a. Is that what you mean ?


I applied for 250 shares at cap price. given it is subscribed only 84 times, i would get atleast 3 shares , right ?

I am not too sure of how the balance is paid , but generally you get about 2 weeks time to make the balance payment, either through your broker ( icici direct in this case) or direct payements to reliance.

no, assume you apply for 1000 shares ,which means you pay 16000 bucks. Now if you don't get a single share , then they will return the 16000 buck to you after a period of 45 days or so. What they enjoy is the interest earned on that amount. This happens in the case of all IPO's.

last but not the least ... 3 shares !!! dude wishful thinking !!! HA HA :satisfie:

I am posting first time in this thread and need some guidance in investing. I am looking for short term gains and recently ( Just 2 weeks back) invested in Biocon and Zee telefilms.I have few questions to ask---
1. What are brokerages for different type of shares such as A,B etc?
2. While buying shares of Zee @ 238 I was charged brokerage+STT of Rs 7 per share. So when i will sell these shares, will I be charged the same amount?
3. Suggest soem good sites where useful information pertainig to stockes ( such as PE ratio, 52 week high and lows are available.

Plz give ur comments.

bye

:(

Hey Marc,

Once the price discovery happens ( and 99.9999999999... % they will fix the price at 62), you will have to pay the balance amount ie. 62-16 = Rs 46 / share. The advantage of this is that anyone who would like to invest in the IPO can techincally subscribe to a larger number of shares which gives them a better chance of allotment. This option has been available to FII for ages, which is why you generally see FII oversubscription exceed retail subscription.

I am using icici direct for subscription. when and how should i actually pay the rest of the amount ?

Another reason that some companies do this is coz their collections in this case are much larger ( because of increased volumes), and they earn substantial interest on it. Imagine if you have 3000 cr for a period of 1 month at a measly 4 % p.a that works out to a cool 10 cr !!!

I am not sure I understood this clearly. Given at 16, I subscribe for a larger number of shares. Then price discovery happens. Then I pay rest of the amount. Then they keep my money for 1 month before allotting shares and repaying me rest of my money, which is what is earning them 4% p.a. Is that what you mean ?

i hope this clarifies your q's!!

Varun

p.s Any one applied for Tantia ??? Looking at the over subscription i dont think i will get anything !!

I applied for 250 shares at cap price. given it is subscribed only 84 times, i would get atleast 3 shares , right ?

Regarding reliance ipo.

http://news.moneycontrol.com/india/news/ipoissuesopen/reliancepetroleumrpl/retailinvestorswillpayonlyrs16/shforrplipo/19/26/article/208981

1. why does rpl offer at rs.16 for retail investors ?
2. why is it an option for the retail investor ? who will anyway bid above that price when it is offered at 16?
3. suppose few guys bid for 57-62 band, can the cut-off price be much above 16? in that case, will i not get any share ?
4. what is the use of all these ? are they encouraging or discouraging the retail investor, with bid limit to 1600 on the upper side ?

some one explain plz....

Hey Marc,

The fact that RPL is offering retail investers the option of paying Rs 16/share doesn't mean that you will get the share at 16 bucks. It just means that when you bid for the shares you will only need to pay 16 bucks.

Once the price discovery happens ( and 99.9999999999... % they will fix the price at 62), you will have to pay the balance amount ie. 62-16 = Rs 46 / share. The advantage of this is that anyone who would like to invest in the IPO can techincally subscribe to a larger number of shares which gives them a better chance of allotment. This option has been available to FII for ages, which is why you generally see FII oversubscription exceed retail subscription.

Another reason that some companies do this is coz their collections in this case are much larger ( because of increased volumes), and they earn substantial interest on it. Imagine if you have 3000 cr for a period of 1 month at a measly 4 % p.a that works out to a cool 10 cr !!!

i hope this clarifies your q's!!

Varun

p.s Any one applied for Tantia ??? Looking at the over subscription i dont think i will get anything !!

Citigroup now says markets are a bubble..thats exaclty the kind of talk we dont need now! Think its time to book profits or maybe wait for Q4 earnings?

Regarding reliance ipo.

http://news.moneycontrol.com/india/news/ipoissuesopen/reliancepetroleumrpl/retailinvestorswillpayonlyrs16/shforrplipo/19/26/article/208981

1. why does rpl offer at rs.16 for retail investors ?
2. why is it an option for the retail investor ? who will anyway bid above that price when it is offered at 16?
3. suppose few guys bid for 57-62 band, can the cut-off price be much above 16? in that case, will i not get any share ?
4. what is the use of all these ? are they encouraging or discouraging the retail investor, with bid limit to 1600 on the upper side ?

some one explain plz....

been a couple of days nows since i visited this thread..with sensex scaling new highs everyday..just to need to be sure if i want to remain invested in couple of the stocks which are in my portfolio...got decent gains till now..

neways here are some few stocks which i hold..want an opinion if any1 of u follow these stocks..im quotin the price i bought these shares(started investin real time sometime in jan end..so been just 3 mths)

1] Simbhaoli Sugar @ 113

2) Era Construction @ 230

3) Tata Elexsi @ 199

4) Llyods Steel @ 11.50

lemme know ur recommendations/views on this

ciao:)

Hey Coolsurfer,

I have been tracking Simbhaoli and Era for a bit although I haven't put any money in either of them. My personal opinion is that both Sugar and Construction sectors have a lot to offer if you are looking at them in the long term (1yr+). I would not advise entering the markets at this level if you are a short term/day trader. Even with the sensex at these levels I feel that there are some good buys available in the market...but you must be in for the long run.

Also remember that even if the price of a stock has doubled or tripled in the past yr ( many of them have done even more than that!!!) it may still be prudent to hold on to them because of the kind of growth that they offer.

Happy Investing!!!

Cheers

been a couple of days nows since i visited this thread..with sensex scaling new highs everyday..just to need to be sure if i want to remain invested in couple of the stocks which are in my portfolio...got decent gains till now..

neways here are some few stocks which i hold..want an opinion if any1 of u follow these stocks..im quotin the price i bought these shares(started investin real time sometime in jan end..so been just 3 mths)

1] Simbhaoli Sugar @ 113

2) Era Construction @ 230

3) Tata Elexsi @ 199

4) Llyods Steel @ 11.50

lemme know ur recommendations/views on this

ciao:)

Yaa definately correction will take place but around 13K because a lot of japanese investors are investing and they must have studied the markets before investing.But if you are holding blue chip stocks need not to worry even after correction. .

Hey i have some stocks in my mind which are definately going to give you returns.

1) Prism cement
2)STerlite
3)Shree digvijay cement
4)Asian paints
5)Eldeco housing (for short term)

According to me Sensex should move up to 14k after which there should be a correction.
Will sell of all stocks once sensex touches 14k.
btw, has someone followed Wipro?
Have a look @ the movements and it is extremely interesting...:P

vahgar Says

have u seen TV18? 6 months ago it was 380..now its close to 600! The entire sensex is on fire..It think exiting is the best.

No dear my idea is to remain invested and book partial on every upmove what i believe is that the correction is round the corner it may start next week and will be of 5-8 % then we may go in the next leg of upmove my target of sensex is arnd 16k.

have u seen TV18? 6 months ago it was 380..now its close to 600! The entire sensex is on fire..It think exiting is the best.