NTPC FPO

NTPC Follow on Public Offer is opening on 3rd February and is closing on 5th February.

41,22,73,220 shares of face value of Rs 10.is going to be offered from 5% of Govt holdings. Out of this 42,73,220 are reserved for employees.

NTPC issue is the beginning of Government’s disinvestment plan. They are planning to disinvest in almost 60 PSUs.

Other PSUs on line for divestment plans Before March 31st are NMDC, Rural Electric and Satluj Jal Vidyut.

The Current Market Price of NTPC as on 15th Jan is Rs.232.25.

Happy Investing.

Basics in Investments

There are some basic things to do when you make an Investment.

Give your mobile number and email when you fill up the application.

Give your Bank Account details (Branch, MICR code and IFSC code).

Most important Make a NOMINATION. Nomination helps you as well as the company or AMC or Bank.

Give your PAN number where ever asked.

Listen to your investment advisor and check the web site for correctness.

Follow your investments growth regularly. If it is Fixed deposit, watch the interest rates. you have to act accordingly.

Happy and Wealthy 2010.

Happy New Year 2010

wishing YOU all

A very Happy and Wealthy New Year 2010