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IPO ADVISORY
Issuer          CRISIL/CARE/ICRA/ FITCH       Capital Market   Recommendations    My Call
Rating Scale                > 1 - 5                                    1 - 100  
Punjab & Sindh Bank                     4                                                                                   APPLY
One97 Communications Ltd                                                                                    
Shipping Corp 
                                                                                                                 APPLY 
MOIL Limited                               5                                                   IIFL - Subscribe         APPLY   
Claris Lifesciences Limited (CLL)                                          45                                           AVOID
RPP Infra Projects Ltd                   2                                                   MLR Securities -        AVOID      
Power Grid                                  5                                   51                                            APPLY 
     
                        

All about IPO

> IPO/FPO
> LIMIT
>
ASBA
IPO/FPO

There are two types of issues in the market. Initial Public Offering (IPO) as the name suggest is the first public issue of the company. While FPO is Followon Public Offer (FPO) of a company which is already listed on stock exchange. The FPO could be by way of issue of additional shares or sale by existing shareholders.

LIMIT

One can apply in the issue as a Retail Investor or as High Net Worth Investor(HNI). The maximum limit for Retail Investor is Rs. 2.00 lacs while for HNI it is over Rs. 2.00 lacs.

ASBA

Now one can apply for IPO/FPO by using ASBA. Under ASBA the application amount will remain in bank account under lien and will be paid only upon allotment and to the extent of allotment only. Thus investor will continue to earn interest on his amount and risk of refund being lost is also avoided.