Small tip@- if you got 1 Lot by any chance because allotment looking difficult, hold for long term at-least 18 months .. don''t sell this for listing gain, because history says Ipo which got record break subscription increased by more than 300% in next 6 months span
Hello Friends, whosoever gets the shares, do not sell everything on listing day because of huge gains. The stock would be undervalued at 75 too, it has to reach 100 in short term and achieve new heights in long term, the financials are very good and company''s future too is bright. All the best everyone..:-)
Dheerendra, officially today is the final day for results or initiation of refund to be precise. So, aaj pata chal jayega, and as per history, status must be clear by 16:00 hours.
Considering past IPO performances and current market conditions, listing gain shall be between 40-50%, that means 20-25 rupees per share. So, all the best whosoever receive the shares in their demat accounts, most probably by tomorrow, as refunds were supposed to be initiated by today any how.
@Vijendra: You may check your account, I guess some applicants'' amounts have either unbloked or debited. Personally, this is strange to me, as I am holding the account in same bank, but my status is still blocked.