[bnzjon]

No luck on BSE Ipo.
Applied full lot eligible for retail investors and got none.

But the value is losing day by day and looks like it will hit the IPO price.
Good bet for long term investor.

[fordday]

Originally Posted by bnzjon

No luck on BSE Ipo.
Applied full lot eligible for retail investors and got none.

But the value is losing day by day and looks like it will hit the IPO price.
Good bet for long term investor.

I don't think the value is losing.

If you tracked the grey market premium (gmp), it was Rupees 200. That the share price went to 1200 was pure euphoria and shorter's taking advantage of it.

Now it is settled more or less at the gmp.

Agree its a good time to buy.

[bluevolt]

I am a beginner in terms of investments.

Recently I have migrated from FDs to Mutual Funds and started with 3 MFs for next 3 years.

I was contemplating to take a plunge in the world of stock markets as well after understanding some basics of it. I took good 5-6 months to understand mutual funds then I took the decision to invest in that instrument.

I am in no hurry.

What experts suggests? How should I start?

[hserus]

Get more stabilized on mutual funds before you get into equities.

You can always invest more in the funds you pick (which ones?) and adjust your portfolio to balance it.

That way they can invest in large scrips that you might not be able to afford to buy and you'd be able to reap returns from that.

Originally Posted by bluevolt

I am a beginner in terms of investments.

Recently I have migrated from FDs to Mutual Funds and started with 3 MFs for next 3 years.

I was contemplating to take a plunge in the world of stock markets as well after understanding some basics of it. I took good 5-6 months to understand mutual funds then I took the decision to invest in that instrument.

I am in no hurry.

What experts suggests? How should I start?

[PatienceWins]

Originally Posted by bluevolt

I am a beginner in terms of investments.

Recently I have migrated from FDs to Mutual Funds and started with 3 MFs for next 3 years.

I was contemplating to take a plunge in the world of stock markets as well after understanding some basics of it. I took good 5-6 months to understand mutual funds then I took the decision to invest in that instrument.

I am in no hurry.

What experts suggests? How should I start?

This has been discussed many times in the past. Just do some search on this thread with keywords "books", "learn" etc.

[manduvindupondu]

Whats your opinion on D-Mart? I feel its going to be oversubscribed. However listing, it may fall in line with market correction.

[inder]

D mart is going to be oversubscribed heavily. So its best to apply for 1 or 2 lots. Its going to be a super duper listing.

[vinit.merchant]

Originally Posted by manduvindupondu

Whats your opinion on D-Mart? I feel its going to be oversubscribed. However listing, it may fall in line with market correction.

Word on the street is that it will open a minimum 150 above the list price. Lets see.

[rki2007]

What about the South Indian Bank rights issue? Anyone if already a existing share holder would like to be further invested in it? Or just sell the rights? Please share your thoughts. For your information the ex rights price is 14/-

[fordday]

Originally Posted by rki2007

existing share holder would like to be further invested in it? Or just sell the rights?

I didn't understand this part.
As an existing shareholder you can buy in the rights issue but how do you sell the rights?

[rki2007]

Originally Posted by fordday

I didn't understand this part.
As an existing shareholder you can buy in the rights issue but how do you sell the rights?

You can sell your rights by filling up the rights renunciation form. There are many brokers who would be interested to buy your rights and then subscribe to the rights issue. Here you renounce only your right to new shares that is offered to you. The original shares standing in your name will continue to stay as is.

[fordday]

Originally Posted by rki2007

You can sell your rights by filling up

Share price today is 20, you said ex rights is 14. This seems like a clean 50% profit, for the rights shares.

If I were you, I would apply much much more than my eligible quantity of rights. Many shareholders out of ignorance or not knowing the process, does not apply for rights.

In one such instance I applied for 10 times my eligibility and got allotted too.

[rki2007]

Originally Posted by fordday

Share price today is 20, you said ex rights is 14. This seems like a clean 50% profit, for the rights shares.

If I were you, I would apply much much more than my eligible quantity of rights. Many shareholders out of ignorance or not knowing the process, does not apply for rights.

In one such instance I applied for 10 times my eligibility and got allotted too.

Sorry sir. Its not the case what you mentioned.

The theoritical ex rights price is fixed at 14 which means that post issue of additional shares by way of right shares, the price of the share will be 14.

This may not happen in reality. But you can certainly expect a small fall from 20/-

Brokers are ready to buy the rights at 4.5/- per share. So the cost price for them would be 14+4.5= 18.5. So the market feels that post rights, the price may somewhere be around 18.5.

These are just the thought process behind the rights issue and nobody can pin point what is going to happen!

Today, I booked profit in 50 PVR @ ₹ 1,365 each. I had bought these shares in 2006 with an average cost of ₹ 187.72. I still have 200 shares, which I will sell in phases in the coming months.

Yesterday, I got rid of 100 Allahabad Bank @ ₹ 70.15 each. I bought these shares in 2006, the average price being ₹ 61.41.