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February 26, 2018 10:18:25 AM
IPO Mentor (600+ Posts, 400+ Likes)
Seeing poor subscription figures and volatile market also, price band not fixed at lower band of 180. How greedy they are and taking investors for granted !!! when ever we expect poor subscription figures of 1 or 2 times, cant we all chittorgarh members bid at lower price band so that they had to fix issue at lower price band?
imo price range should not be more than 140-145. i''m seeing 160-165 level within 3-4 days Even if they allot at 180 , then listing would have been below 180 as they have authority to manipulate price.Before 3-4 years it happened in primary market .
Hold it for mid term, this share is like shallby hospital, definitely it will go up after 1-2 week, and it will definitely hit 220+ in one month,. Don''t sell in panic use your brain :)
Big issue, who will absorb so many shares when there was hardly any subscription. Sell in opening if you have applied. If not applied, wait for atleast 3-4 days for price to stabilize and buy to long term if really interested.