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23 Dec 07 Precision Pipes IPO Allotment Details

Precision Pipes IPO Allotment is going to be tough, which is as expected since the Precision Pipes IPO is pretty small. What makes things worse is the fact that the QIB category has subscribed only 5 times. Retail category recording a heavier subscription than the QIB category is very rare and does not augur well for a good listing for Precision Pipes IPO. Hence the twin evils of a bad listing and low allotment are likely to dissappoint retail investors who have applied in the Precision Pipes IPO with hopes of making a quick buck by selling on listing day. Precision Pipes IPO Allotment Status will be out on the second week of January. Details of checking the allotment status of Precision Pipes and Profiles IPO online will be made available here. Hence kindly check this space frequently.


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Reader's Comments

  1. |

    application no 1-4354806 amount 94500
    i received a cheque 87750 but shares didnot alloted by precision pipes
    thanking you
    manju rani garg

  2. |

    my application no was 1-4354806 in precision pipe public issue with amount 94500/-
    i received a cheque of rs 87750 but 45 shares did not credit in my demat account by precision pipe company
    my DPID——————–12037200
    MY CLIENT ID—————00068940
    APPLICATION NO.————1-4354806
    BROKER NAME—————–TR CAPITAL LTD,
    HISAR(HARYANA)
    DPIDNO. 12037200
    I ALSO COMPLAINE TO SEBI BUT NO RESPONSE TILL DATE
    PL HELP IN THIS REGARD
    THANKING YOU
    MANJU RANI GARG

  3. |

    shares credited in a/c by company



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