Some improvements after anchor. 27 - 32. Subscription will depend on next 3 days market conditions.. 1-2 times max retail app wise. HNIs are in confusion.. Don't want to take unnecessary risk.. We may expect some frenzy in premium after closing of ipos
145. ipo share| Link| Bookmark|
September 24, 2018 11:03:57 PM
IPO Guru (1600+ Posts, 800+ Likes)
Shares issued to promoter @ 428 in March, 2018 and after 2 months filed for IPO. That means promoter bought shares @ 428 and in 6 months selling than @ 821. Where is corporate governance in the AU group. Avoid such fraud companies. Don't fall prey to their unethical ways. You can read the same story on S P Tulsiyan's review of this IPO
Anchor list is same as in all other IPOs.The only difference is that 10% investment made by AU.On one hand this group is going public and on the other hand the group company itself became investor.It looks like AU is playing role of LIC to bail out the issue.Now AU will apply in QIB portion also and investors will became scapegoat. The positive thing is that DSP is among AIs list.I hope market will consider this action as no more liquidity crisis and recover tomorrow to some extent.Let's see.
143. ManishDwiv| Link| Bookmark|
September 24, 2018 10:02:10 PM
Top Contributor (600+ Posts, 200+ Likes)