subscribed 7.4 times, as per NSE website (source:http://www.moneycontrol.com/news/ipo-issues-open/bedmutha-industries-ipo-subscribed-74-times_488360.html)
Retail subscription more than 5 times.How the promoters have managed all? I think some forces are working in behind. chances are that they will also manage the prices at the time of listing in initial hours.
Dear Gem, I suppose your CAPITAL PROTECTION THEORY does not allow applying for Bedmutha. With 2.26 times in total and 3.85 time in retail at cut off at 2.30 pm and the way Indosolar fared and Tirupati slipped after promising debut, this as an avoid. Am I right?
Dear Sreedhar, I have given a mail to you to the ID you have given. Hope I have not misspelt any letter in your ID and the mail reached you. I will give my phone number once I get a reply from you. Thanks and regards.
This money can be used in BedMutha IPO average kind of IPO according to valuations but some operators are active in this script small issue size(Only 90 crores)