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, September 29, 2007

Allotment in Power Grid Corporation

I have been allotted 286 shares in the Power Grid Corporation issue. Surprisingly, despite this being a good issue, the retail subscrition was less than 7 times. FIRM allotment was offered in most categories (multiples).

With this my IPO hit-rate stands at 52.63% (10 out of 19).

Issue Allotment
Power Grid Corporation
Rs. 14872
Take Solutions
Rs. 6570
Everonn Systems
REJECT
ICICI Bank FPO
Rs 16020
Vishal Retail
REJECT
Nitin Fire Protection
Rs 6650
MIC Electronics
Rs. 6750
Mindtree Consulting REJECT
Indian Bank Rs. 24115
Power Finance CorporationRs. 6800
Firstsource SolutionsRs. 8704
Redington IndiaREJECT
Global Broadcast News Rs. 6250
Autoline Industries REJECT
Pyramid Saimira REJECT
Tanla Solutions REJECT
Sobha Developers REJECT
Parsvnath DevelopersRs. 6000
Info Edge IndiaREJECT

PS: I have applied for the Dhanus Technologies issue, but looking at all the mess it has got into, I think I will pull out my application.

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