CPSE ETF FFO 2 Allotment Status & Listing

by Shiv Kukreja on March 28, 2017

in IPO/NFO

This post is written by Shiv Kukreja, who is a Certified Financial Planner and runs a financial planning firm, Ojas Capital in Delhi/NCR. He can be reached at skukreja@investitude.co.in

After receiving subscription to the tune of around Rs. 9,200 crore and successfully raising Rs. 2,500 crore out of it, Reliance Mutual Fund today made the allotment of units for its third tranche of CPSE ETF or Exchange Traded Fund. The further fund offer (FFO), which got opened for subscription on March 15 and closed on March 17, received a good response from the Anchor Investors as well as Non-Anchor Investors, including retail investors.

Units Allotted @ Rs. 26.8504 Per Unit – Retail applicants, who submitted applications for Rs. 2 lakh worth of CPSE ETF FFO 2 units, have been allotted 5,503 units @ Rs. 26.8504 per unit. That translates into an allotment worth Rs. 1,47,758 as against Rs. 2 lakh investment i.e. 73.88% allotment. Rest of the investment amount will be refunded by Reliance Mutual Fund to the investors directly in their respective bank accounts which are linked to their demat accounts.

Balance amount on account of fractional FFO 2 units would have been refunded to the investors’ bank accounts linked to their demat accounts.

Gain of 4.13% – As compared to today’s closing price of Rs. 27.96 on the NSE, allotment @ Rs. 26.8504 would translate to a gain of Rs. 4.13%, including the discount of 3.5% offered by the government to its investors. Its last tranche in January 2017 provided a return of 9.26%, including 5% discount, before listing on the stock exchanges. Though 4.13% return is not even 50% what investors could earn in tranche 2, it is still a decent listing gain in a short period of investment.

CPSE ETF Allotment Link –  Here is the link to check the allotment status against your application submitted during the offer period – Allotment Status of CPSE ETF FFO 2. You can check the allotment status of your investment in this ETF by entering your application number or PAN number or DP ID – Client ID.

Contact Karvy Computershare on 1800 3454 001 for Allotment Issues or Queries – If you have not received any message or mail regarding its allotment and if it is not there in your demat account as well, you can contact the Registrar, Karvy Computershare on 1800 3454 001 or Reliance Mutual Fund on 1800 300 11111.

NSE & BSE Codes for CPSE ETF – You can easily track the current market price of this ETF by visiting any of these links of NSE or BSE:

NSE Link of CPSE ETF – Symbol – CPSEETF, ISIN – INF457M01133

BSE Link of CPSE ETF – Security ID – CPSEETF, Security Code – 538057, ISIN – INF457M01133

Listing on March 28 – Units of this CPSE ETF will be admitted for listing and trading on the stock exchanges effective today i.e. March 28. Here are the listing circulars of this ETF posted on the NSE and BSE:

NSE Listing Circular

BSE Listing Circular

If you have any more info about its allotment or any query regarding CPSE ETF or this FFO, please share it here. I’ll try to respond to it as soon as possible.

{ 18 comments… read them below or add one }

Kantaben PANDYA March 28, 2017 at 7:07 AM

Pan card no AOHPP9859F
Code etf 2
Allotment details not received.

Reply

Shiv Kukreja March 30, 2017 at 12:36 PM

Hi Kantaben,
Please check it with your Transaction Reference No.

Reply

Bhuvan March 28, 2017 at 4:36 PM

Link to check the allotment status not working

Reply

Shiv Kukreja March 30, 2017 at 12:52 PM

Hi Bhuvan,
It is working, please try again.

Reply

Harshita March 28, 2017 at 6:07 PM

No detail regarding my pan AMGPH6891Q

Reply

Shiv Kukreja March 30, 2017 at 12:53 PM

Hi Harshita,
Please check it with your Transaction Reference No.

Reply

SHAILESH March 29, 2017 at 6:11 PM

Allotment of Number of units details are not available.
Please inform from where we can get.

Reply

Shiv Kukreja March 30, 2017 at 12:54 PM

Hi Shailesh,
Please check your demat/trading account for the no. of units allotted.

Reply

Ash March 29, 2017 at 10:22 PM

Had submitted two separate small application. Got 100% allotment.

Folks, please dont put your PAN card details numbers. Chances somebody will misuse it.

Reply

Shiv Kukreja March 30, 2017 at 12:55 PM

That’s great Ash!

Reply

Mandar March 30, 2017 at 12:09 PM

No Allotment Status.

Reply

Shiv Kukreja March 30, 2017 at 12:56 PM

Hi Mandar,
Allotment status is there, please try again.

Reply

Ankita Kothari April 10, 2017 at 12:21 PM

Hey,

I have invested 200000/- in CPSE ETF FFO 2 through Reliance Mutual Fund Website but still I didn’t receive refund.

Please guide.

Reply

Shiv Kukreja April 11, 2017 at 3:01 PM

Hi Ankita,
You should contact Reliance Mutual Fund 1800 300 11111 or Karvy Computershare 1800 3454 001 for the same.

Reply

Vasu May 3, 2017 at 11:42 AM

Hi Shiv sir,
Sorry for posting my below request under this thread.

Kindly review and provide your valuable advise on upcoming HUDCO IPO. Also suggest, if it is a good idea to accumulate HUDCO shares on listing from secondary market as well for a long term investment purpose.

Many Thanks & Best Regards,
Vasu

Reply

Shiv Kukreja May 4, 2017 at 12:57 PM

Hi Vasu,
I’ll share my thoughts about HUDCO IPO soon.

Reply

Vasu May 4, 2017 at 2:37 PM

Much appreciated..! Thank You Very much.

Reply

Vanita Samat July 17, 2017 at 11:37 PM

Sir,
This ETF and the one before it had initially given a profit of around 10% but now the profit is down to 2%.
What should be the plan of action going forward?
Do we still hold.
Is it going to recover & rise?

Reply

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