Tuesday, September 1, 2009

NHPC:BASIS OF ALLOTMENT

I applied for NHPC IPO (350) shares.I didnt get shares.Did they gave by lottery?
At what price i can buy them in secondary market? ask by shri K.S.R.Dilip Kumar

read this basis of allotment for NHPC

I think you may understand that they make a lottery and 6 applicant of 350 shares get allotment instead of 11 remain 5 got refund of there amount.
I think NHPC is a best buy below 30 for long term so wait for 30 I also buy with you when 25-30 is came. If this price not came? Then I will forget this share there are 2500 shares in BSE so I look other option if 23-30 not came.

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