Allied digital Services IPO is subscribed by 13 times at Mid-Day of the closing Day , it might touch somewhere near 20 times , we will wait and watch , but we can apply for this IPO to have some listing gains .
Allied digital Services IPO is subscribed by 13 times at Mid-Day of the closing Day , it might touch somewhere near 20 times , we will wait and watch , but we can apply for this IPO to have some listing gains .
that was suggested by gopal not me. But you can apply only in one application if you have one demat a/c. Even if you have multiple brokerage demat a/c also, if the names are identical, then it is illegal and may be disqualified.
You can open demat a/c in the name of your family members like father, mother, brother etc and apply in their names in multiple applications.
Hi Raghu, I do remember , earlier u were suggesting applying the shares in chunks of lots instead of a big chunk. so that probabilty of allocation is more for the former than the latter. I usually call to icicidirect folks to place my orders, when i was questioning on the same about mutliple-lot apply for one IPO, they replied there is no such possibilty. could u please tell me how u were able to do for VRL and RTL earlier? I am owning only one DEMAT account , not many..
I did not advise anyone not to apply. Why are u after me tanushri always for no reason. This is messageboard where people can share their views. People can make their own decisions based on the inputs. But, U stop forcing your views on others.
What i said was listing gains are less compared to everonn. Currently Allied is having a grey market premium of 90-92/- only.
Maybe u want people to apply for this one, so that u can get allotment in Everonn and enjoy. Maybe u are fooling people not me.
raghu and madho dont fool people allied is an excellent company even vishal retail beneet and cleman were alloted at less price.bennet and coleman dont sell their shares they always invest in excellent company. do u know naukri.com was alloteed to icici at less than 1/3 price which it is at today.allied in excellent company to apply
Bennet Coleman & Co. is the holding company of The Times of India & other group newspapers/magazines.
It has taken pre-IPO shares in a large number of companies. I think that Bennet Coleman does not pay a single paisa to these companies for shares. Instead, Bennet & issuing company reach an agreement that Bennet will carry specified number of advertisements in its publications, for the shares allotted. Thus, share price of pre-IPO shares allotted to Bennet is no benchmark.
The true information from the IPO prospectus submitted to SEBI is. 22.02.2006 237000 shares at 253 by cash was sold to Bennett,Coleman & co Ltd with out BONUS. 12.01.2007 658476 shares at 120 by cash was sold to Bennett,Coleman & co Ltd (Further allotment) 22.01.2007 658476 shares at 130 by cash was sold to Bennett,Coleman & co Ltd (Further allotment)
Average price 144.5218385. But this is market and the price changes every day based on so many factors. :)
I agree with Raghu (comment #50). Nelcast had allotted pre-IPO shares at 155/-. IPO price - 219/-. Now trading at @180/-. The business model of Allied may be good in long term, as the concerned IT market is not ripe yet in India, but will it not be possible to pick the stock from market during the next correction, whenever it comes ('hope not everybody is thanking that this market will go on and on :-)