The title sounds interesting and in-fact the news that am gonna elaborate in this article
is good news for all of us.
As you may already know, we are all Retail Investors – the individuals who trade in
the Indian stock market with our personal DEMAT accounts. We are individuals who
invest small amounts of money in the stock market and trade in stocks.
Yesterday, SEBI has hiked the limit allowable for retail investors in IPO’ s and FPO’ s
for subscription. What was earlier 1 lakh has been hiked to 2 lakhs.
Let me explain with an example:
Let us take the case of the magnificent Coal India IPO that was available last week. In
my article on Coal India IPO I had mentioned that the maximum number of shares available for
retail investors (per person) is 425 – 400 (depending upon the price) this is because
the limit for retail investors was 1 lakh.
Assuming this news had come a week before, it would have been:
Maximum shares available for retail investors (per person) is: 850 – 800.
This indeed is very good news for retail investors who can spare upto 2 lakhs for an
IPO or a FPO.
Happy Investing!!!
Terms/Abbreviations Used in this Article:
SEBI – Securities and Exchanges Board of India
IPO – Initial Public Offering
FPO – Further Public Offering
DEMAT – Dematerialized Account, An account used for share trading. .
Subscribe to:
Post Comments (Atom)
Popular Posts
-
In one of the older posts titled Using a Bank Cheque we had taken a look at what a Cheque is, how to issue a cheque and the things to reme...
-
Almost all of us are working for a company and we contribute a small percentage of our monthly salary into our EPF accounts. We all know t...
-
With the Financial Year winding to a close by end of March and Summary Vacations on the horizon in April-May, many of us are planning ou...
-
In the past few articles in our blog, we had taken a detailed look at the Employee Provident Fund Scheme of India. After reading it, I am ...
-
With the Bull Market in full swing, Insurance Agents and Bank Officials have started convincing investors that ULIPs are the best way to g... -
One of the biggest points for confusion for most of us is about the Income Tax Aspects surrounding our House. Whether you live in a rented...
-
Public Provident Fund or PPF is one of the most preferred means of Investment as well as Tax Saving in India. As we are entering into the ...
-
One of the most popular articles in my blog is about withdrawal of Employee Provident Fund money from our own EPF Accounts. Usually when ...
-
Are you an avid stock market investor? Do you have a sound stock market portfolio? We all know what a Nominee is – someone who gains possess...
-
We all know what an IPO is and what the purpose of an IPO is for the company issuing the share. But, not many of us know the different req...
No comments:
Post a Comment