I have applied for 6 full applications which I am going to withdraw & use it for arbitrage oppurtinity in REC.I have already shorted the futures of REC & now will apply in REC FPO as it will be given atleast 10 percent discount to market price.After allotment is out I am willing to buy at GMP.I will also buy in the first moments of listing.I am confident the share will reach 800 as that is the price at which HNIs will break even.Any price below that they will suffer loss.
apllication withdraw karo, allotment lottery se hoga, cheating hogi, apanko allotment nahin hoga, only 13 share ka average ata hai, grey market premium 150\= so profit 150*13=1950. 150 ka bhav cheque pass hone tak rahega, listing khuda jane, QIB ki selling listing par jordar aani hai, jublient QIb 60times tha,infinite 50time tha, ARSS ko 100time hona tha to pakka satta chalta,now risk hai,100 Rs.premium par listing gain ho sakta hai.so cheque stop payment karo.
ya you are right MR.SUMIT ....better to apply in texmo and man where share will be confirm alloted than to take risk and even for 15 shares only...on investment of 1 lakh................. withdraw.... withdraw..... I will withdraw 1 lakh applicationS....N LEAVE SMALL ONES FOR LOTTERY.............
Just do not go behind the percentage of subscription. NTPC was the issue of 8000 crores and subscribed 1.2 times, that means people invested 9600 crores in that issue. if ARSS subscribed 96 times then it means that People invested same amount as in NTPC.. for general awareness...
GGOD IPO ==================================== Total Bids Received at Cut-off Price 12123795 No. of times issue is subscribed 47.34 retail 15.90 times subscribs till 5 p.m. today's premium 145-150.
WITHDRAW AND BUY IN GMP AT 60-65 ON DIP...... WISE GUYS WITHDRAW YOUR APPLICATION FROM ARSS BEFORE IT IS CASHED.......... EVEN 15 SHARES NOT SURE TO GET.... AND PREMIUM IS 90-100... 1500 RETURN NOT CONFIRMED PER APPLICATION...