taking stock

A phrase that the Oxford English Dictionary reports was first used in 1736. It means "to make an inventory of the merchandise, furniture, etc., in one's own possession, recording its quantity and present value, or to make a careful estimate of one's position with regard to resources, prospects, or the like."

Saturday, June 2, 2007

Nitin IPO allotment can be checked now

Company Name NITIN FIRE PROTECTION IND. LTD
Application No. 11614435
Applicant Name RAJESH VIJAYARAJAN
No. of Shares Applied 420
No. of Shares Alloted 35

The Bigshare site now has the updates. It confirms the allocation of 35 shares. What is really weird is the expected refund date. The site mentions the expected ECS credit date as 8th June 2007. This one really beats me, if the registrar is anyway going to take one week, what is the damn point in having ECS ? I hope SEBI tightens more screws in this area.

Said Rajesh at 2:54 PM

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