NHAI Tax Free Bonds Allotment Complete

A few people have commented about receiving an SMS for the Demat allotment of NHAI tax free bonds, and if you applied for these bonds, and haven’t got any notification yet, you should check your Demat account in the next few days and they will most probably show up there.

In the past I’ve seen people not getting to know about these kind of allotments till a long time because their phone number is wrong or something like that and unfortunately none of these companies seem to think it is important to tell people when they are going to allot the bonds or when they are going to list so people have to just keep an eye out for news sources and depend on others to see when others get it and then check their accounts.

The NHAI bonds haven’t started trading yet of course since they were just allotted yesterday and Shiv found out that PFC bonds were listed in the wholesale segment which is a bit unusual. So watch out on Monday to see how they list and where the trading occurs.

Thanks to Amlan Basak, Shiv, Ravi and Bhaskar for sharing this information in comments here. Bhaskar and Shiv also mentioned that they got full allotment – I am not sure if this is applicable to everyone in the retail category but that might well be the case.

If not too much trouble can others who applied for the NHAI issue also leave comments to let everyone else know if you got the allotment or not and what percentage did you get. This not only helps keep track of what happened in this issue but helps make guesstimates for future issues as well.

46 thoughts on “NHAI Tax Free Bonds Allotment Complete”

  1. Dear Manshu,
    Is it possible to create a separate page for equity IPOs / FPOs, where the readers can discuss / put their comments on IPOs & FPOs ?

    1. Dear TCB, I used to have a forum here but had to get rid of it due to the high volume of spam. It was an out of control menace. I do write about IPOs so there is a section here for that with posts in the IPO category. Here is the link to that.

      http://www.onemint.com/category/iponfo/

      I am short on time these days but I’ll see if I can write a small post on MCX and you can use the comment section on that post.

  2. I expect the bonds to list at 5 -6 percent premium.Those who wish to sell can do after selling pressure subsides in 2-3 days.Enjoy a happy listing

  3. Hurrah ! NHAI Tax Free Bonds are to be listed from 8 Feb 2012 onwards
    Scrip Code on BSE is 961727 for 10-yr bond and 961728 for 15-yr bond.

  4. Dear Shiv,
    Are you dealing in equity IPOs ? MCX IPO is expected in next few days. Do you have any details of this issue ? Thanks

    1. Hi TCB… Yes we deal in IPOs as well. MCX is expected to hit the equity markets very soon but it is yet to officially announce the details.

    1. No clue.. but it should happen any day now.. you are right, NHAI has taken much more than expected time to list these bonds.

  5. Can somebody advise how to check the allotment and refund details of pfc tax free bonds. The mcs site was helpful for nhai only. Thanks!

  6. Applied in HNI category on 1st day i.e. 28 Dec 2011.
    Got 61.7% allotment along with refund on 28 Jan.
    HNIs who applied on 2nd day or later got 0 %.
    No allotment advice and no details of interest break up given till 6 Feb.
    No news of listing either. Very shabby treatment of investors by Bond issuers.
    They should give a fixed time line for all this when the issue is announced.
    Also they should use the very popular and successful ASBA route as is done in IPOs.

  7. Applied for 2000 bonds on the 3rd day itself but not a single bond has been allotted.
    I broke my fixed deposit to secure the bonds but not a single bond has been allocated

    1. It’s happens because issue is oversubscribed first day then no way to apply 3rd day.
      Here you need to good advisor then get commission / service charges for that purpose.
      Broker/ agent is pool between Issuer and Investor.
      Always take advise from good advisor.

  8. applied 50. got 50. sms message received.
    icici direct shows 50 in demat account but cannot allocate yet. icici bank which has demat link still does not show it.
    should take some more time for the complete records to show up.

  9. Hi Manshu… Category III – Retail Investors portion was subscribed 51.596% and 1,54,78,652 (One Crore Fifty Four Lakh Seventy Eight Thousand Six Hundred Fifty Two) bonds have been issued as against 3 Crore bonds reserved. So, every valid application from a retail investor (below Rs. 5 lakhs) has been given 100% allotment.

    1. But I did not receive any intimation. Neither my Demat account shows any allotment. I had applied for 40 bond under retail category. What should I do?

      Regds

      Sanjay

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