POSTED BY May 4, 2014 4:25 pm COMMENTS (2)
ONDear experts,
I see a share ORIENTCEM in my DP/SR report. Also according to records it seems like I have purchased it in IPO because, its hold price in secondary market is Rs. 0.0
I have check my IPO order book … I never purchase ORIENTCEM
Where did it come from? I am clueless, please guide. Thanks for help in advance!
~monGenie
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Dear monGenie
Do’t be worry, It’s your Shares only.
The Company Name : Orient Paper had split there business ( Cement n Paper ), and they listed these two company separately.
So You had Orient Paper’s shares previously , so you got Orient Cement’s Shares in your DP.
Dear Mongenie, please pop the question to your broker. It seems an effect of ghost trades done for your demat account with out your permission.
Thanks
Ashal