Power Grid FPO

divya0463 · Post by **divya0463** » Sun Nov 07, 2010 4:01 pm

Hi

I missed the Coal India IPO. Do you think it's still a good buy at the current price of Rs 350?

I also am thinking of investing in the Power Grid IPO. Is that a good buy?

Please advise.
Thanks

ssalimadugu · Post by **ssalimadugu** » Tue Nov 09, 2010 2:14 pm

By comparing current market price (around 98) retail bidder is getting the price around 15 to 17 % discount, and current price can be expected after allotment also, so we can expect some gains (may not be as good as Coal India listing gains)

XOXO · Post by **XOXO** » Tue Nov 09, 2010 2:48 pm

ssalimadugu;346006By comparing current market price (around 98) retail bidder is getting the price around 15 to 17 % discount, and current price can be expected after allotment also, so we can expect some gains (may not be as good as Coal India listing gains)

My thinking is along the same line. I would probably invest in powergrid for a short duration.
CIL was a bummer, due to the overscription the allotment was almost 1/3rd of the bid price...hard luck...:-(. I think its still a good buy....but need to watch on the policies of J.Ramesh

Has anyone invested in Oberoi Realty IPO? Any thoughts on the same?

divya0463 · Post by **divya0463** » Wed Nov 24, 2010 2:57 pm

According to my broker, Karvy, it will be done tomorrow. I read somwhere though that shares have been allotted at 90 with 5% discount for retail investors.

RRK · Post by **RRK** » Wed Nov 24, 2010 3:59 pm

I changed the title to read FPO. It is not IPO. Power Grid has been trading on the market for long time.

FPO = Follow on Public offer.
IPO = Initial Public Offer

dbs · Post by **dbs** » Wed Nov 24, 2010 10:53 pm

Kumar;349251Anyone of you got this IPO allotment ? I see executed as status in my order but no shares show up. May be some more time to go? Thank you.

You should see it now.