After the bumper listing of SKS Microfinance, see another excellent listing
It should list between 785 to 815. Since size of the IPO is not big so don't sell it for listing gain. Great Company with good fundamentals. Hold on this for a medium term target of 1000.
Dear SJ, I know the company very well in fact my company is the biggest client of 0ne97 & its name was derived from one of the services provided by my company.It provides value added services to telecom operators .Future of telecom companies lies in providing Value added service now that no significant growth in revenues can be accomplished by voice services.With the advent of 3G & consequent migration to 4G Sky is the limit for companies providing VAS solutions.But all this analysis is wasting of time as it is only 120 Crore Issue.Try to get in pre IPO or at cheap price in grey market,We will not get anything out of IPO as it will be subscribed very heavily.
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Dear Natarajan, It will open around 750.At the time of listing of IPOs I put the buy order at Market & my finger on confirm button & after a quick look at the opening rate press the button.Tomorrow I will also do the same .Tomorrow I may get it at 780.I will wait till 850 & sell .Lets see how it goes.