How are the share allocated to applicants surrounded by an IPO? Is nearby a lucky draw system within the process.?
I intend to apply for Reliance Power IPO. I am asking this question as I considered necessary to know that what of be the better option of these.If I enjoy x Rs to invest.
1. Apply all my planned soft amount in a single bid. Using adjectives x Rs.
2. Have multiple bids something like x/2 within one and x/2 in other.
I be planning for 2nd option as it will be significantly over subscribed and i am guessing there will be lucky draw(correct me if I am wrong).
Answers: Read the following article.
It will clear your doubts.
http://www.moneycontrol.com/mccode/news/...
You enjoy to place the maximum bid i.e. Rs.450 because the issue is going to be oversubscribed and there is no karma for allotment to lower bid of price band.
If you want to obtain more opportunity for allotment then you should apply from different demat accounts.
Regards
Ria
http://www.adguru.org
I get some shares warrant which I have bought 20 years ago.?
If I sell my shares through a broker, how long will it steal for me to get the money?Answers: The everyday settlement is 3 days. This is called T(trade)+3
However Brokers will as a rule make you concord T+10 if you have a tag. Also note a broker can do a 'one off' trade for you if the efficacy is less than 15000 euros. This does not require forms or ID but after the business deal the account will be closed and no further deal may be made. Do you know if the certificate is still valid and representing the shares on the obverse? You can confirm this with the registrars or you may own the latest export tax voucher. if you still have probs. contact http://www.shareworld.co.uk they will serve.
10 to 14 days.
Brokers charge you for selling your shares, so make sure they are worth the cost of selling.
Previous answer is correct. Some brokers will charge as little $10, but others will charge more than $40. Frequently the charge for selling the shares increases when you enjoy less than 100 shares.
In relationship to that, manufacture certain that the stock hasn't split since you obtain the shares. You may actually own more shares than you hold certificates for.
How to invest on shares?
I want to invest 1000rs per month.I have SBI tale. Rationcard, driving licenceetc. I dont have any Knowledge on share marketplace. I dont no the terms of share flea market. I belong to India. I want to do all through online. I want sjjetions from profetionals. through online. sujjest me .Answers: You can invest through mutual fund. Get a Systematic Investment Plan (SIP) and in that you can invest Rs.1000/- per month. The best part is that even if you are not competent to continue investing, afterwards also your invested money will be safe.
Regards
Ria
http://www.adguru.org