@newgen consultancy I am totally agree with you. Few months back the response in Main line ipos were very dull, just due to aggressive pricing & high Greedyness of the Promoters & Lead Managers. The response were very poor till the ipo of Utkarsh Bank which was reasonably priced.
Just due to aggressive pricing of Main line ipos, the sme ipos were more successful & hit due to their reasonable pricing. In most of the smes, something is left for the investors. This attitude is completely absence in Main line ipos. The promoters have taken granted to us due to their egos & don't respect the retailers.
I have written numbers of times that why we ( retailers) can't boycott this type of ipos but due to absence of our unity they are able to play with us. We can't be United that's the real truth of the life.
Mankind, Concord, Adani and many more are the best examples. I feel very sad for it but we have very little power to fight with the Wealthy promoters, isn't it.