Rightly said mr KK Natarajan. nhpc was supposedly to be priced at 22-24, oil india around 1000. but pricing have been far higher. the GOI has also become greedy. These non-brainy institutions would subscribe and sell at loss like in adani power. these institutions are misusing our money, by subscribing at higher price band. they should subscribe at lower band.
Friends, not only the private companies, but also the government has also become too greedy in fixing the IPO prices. Look at the price of NHPC and the proposed price of OIL INDIA. Nothing is left on the table for investors. If we are going to get such shares in the secondary market at a discount, why all these pains? Let us start a QUIT OIL INDIA MOVEMENT if it is priced anything more than Rs.1000.
Its all about Gujarati, i had told in this forum,that it may go into discount, and happened. Same as Rpower, fundamental is quite poor. There is no project on cards for both company.
But Very Highly shocked by knowing both are Gujarati (Anil bhai is originally from saurashtra). I think gujarati businessmen are quite aggressive. Thats why its happened.
About NHPC, i surely tell u there is nothing to worry, quite fundamentally strong company, also for one year prospective u will definitely get 75+++.
The Adani power ipo really dissapointed people. I have sold 368 adani power shares at Rs. 102.15 As this ipo can't strongly hold the support of 100 even with today's good market condition. Thus by the time, it may face huge QIB selling pressure and thus triggering stop-loss of other positional trades too.
Never apply for an IPO as all the companies managements are so greedy that do not leave a penny for us and play with our hard earned money but I feel end of the day the fault is mine because if I do not apply then how can they make use of my money. Secondry market is much much better option for me and is more safe to play.
The below is Only for Strong hearted Speculators : Buy @ 95/- Short term Target 110/- (In one week) Stop Loss: 90/- (If it falls below 90...can go down upto 75)
People who are waiting for refund, I got a message today from ICICIDirect:
"You have been allotted 368 units towards your application in ADANI POWER LIMITED IPO and refund amounting to Rs 60700 has been dispatched by the registrar directly on August 12,2009. This is as per information received from the Karvy Computershare Pvt Ltd.Please get in touch with the registrar for queries pertaining to refund."
oh really very disappointed with adani listing so friend any 1 please tell me what well be the best sell price I cant hold more then week. bcoz I applied 4 listing gain and I was not expecting more also just 8 to 10Rs. So can I get that or I should exit 2moro only. Please help me.
In times of such pain(such a bad listing), ppl are fooling around here.. :( chiraag sen says it will go to 125, and then you got "From The Desk of Gautam ". having fun at others expense... hmmmm..