My gut feeling says,it will open on 125-130 range and can go upto 150 if market rematins positive. If market shows negativity then it will be down upto 80.
I want to know my status of IPO, whether it has got or not, please confirm me the same. I have taken 1 lot of it. I will be highly appreciated with your kind efforts.
Remember PowerGrid and Reliance Petroleum (Mukesh Ambani) public issue? Both offered around Rs. 60. But they showed gains of 100% ++ in initial few days. PowerGrid was already a profitable company. But ReliancePetro was only on plan-execution stage. Even then, the gains in the stock was great. My gut-ffeling is that Adani Power shd touch Rs.150 on day #1, and after initial uthal-puthal in the range of 135 to 170 for a couple of weeks, it should reach Rs. 210 in six week's time, unless general market rally ends up negative.
IPO subscribed ~3 times in retail category. Those who applied for full 1 lac application (i.e. Rs. 97,500/-) they will get at least 325 shares gauranteed.
grey mkt prem. for adani power hovering around rs 15- 18, as we move closer to listing day, and the mkt. moves further higher, the premium would shoot up to rs 22- 25, as listing is expected in that range
Adani power would list around 120 and would settle between 130 -135 , as huge appetite from Qib's and HNI's , for immediate short term investors profit bookin is advised near 140 levels,others hold on for 2-3 months to reap huge benifits, as markets would tread higher , adani power would move in sync towards 175
This stock is worth 300 rs in long term. i think after retailers will go out on 1 st day f11 wlll jump on this stock and this stock will move from 120 rs to 160-170 on closing. This stock will settle between 200-225 in a week and within 3-4 months will cross 300 rs.
Hi! I applied for two lots of adani IPO and made a Cheque for 13000 rupees on 30 july. I don't have 13000 rupees in my account I have only 10000 rupees. As the allotment will take atleast ten days I thought of deposting money by this weekend. But today I got a message that the Cheque for Rupees 13000 was dishonoured. What will happen now? Will they cancel my IPO application or will they try deposit the cheque one more time?