Tecpro will get subscribed around 8 to 9 times and Ashoka can be upto 6 times. Both will give good listing gains if market remain the same. In the event of a correction in the market before the listing of these shares Ashoka will be risky since it is priced 15% above its peers. Tecpro will be a safe bet. However correction seems unlikely since Mega issue of CIL is opening next month. Govt. and BRLMs has to sail through CIL issue and make it a grant success. If at all there is a correction it will happen only after CIL issue as it will suck all the money from the market. So it is advised to go for both Tecpro and Ashoka.
Even Knowing for your opposition on the ASHOKA, I want to request to please let us know the opinion of Gem in case you know the same as I am unable to locate the same and Gem may not be able to answer prior to 12.00PM
I know you also remains too busy in the market hours but in case get a chance to visit the boardroom then please let us know the same.
SJ, I know you are against the Ashoka right from the beginning but still want to ask;
Whether its investment will lead to loss or lesser profits?
As if it gives less profit then ok but if loss then strickly "NO"
Sorry, for troubling you again but I have avoided Ramky for the ASHOKA and now as per the market grapevine it also not a clear cut investment to go for.
All analysis are in direction of 50:50 resulting to lot more confusions.
just let me know any chance of profit even 1500- 2000 per application will work for me.
How will you rank Ashoka in comparision to Ramky though Ramky is closed now but as per the listing / short term gains, How will you rank the relatively?
As i have missed the ramky for Ashoka as market reports on the ashoka were not availiable at that time. Now, should I risk to go with Ashoka or give it a miss.