I think energy sector players future prospetus are very bright as energy need is going to be more and more so revenue of power related company will not see any decline in near future. this IPO IS GOOD, APPLY .
I think energy sector players future prospetus are very bright as energy need is going to be more and more so revenue of power related company will not see any decline in near future. this IPO IS GOOD, APPLY .
My personal feeling is from Recent ipos edgeless,kolte patil and Burnpur cement have been very reasonably priced and have left of room for appreciation whereas stocks like Jyoti Labs even though good subscription and eclerx both were expensive and go below issue price also. From ipos opened Bgr Energy ,Transformers both looks good
Please see the recommendation of Equitymaster.com:
"we advice our subscribers to ‘AVOID’ the issue. They can rather consider other listed players in the sector, which are both large in scale, have strong execution skills and more importantly, reliable managements"
So if u can earn 50% annually on the ipo(which is very much possible)u can have around 58 lakhs in 10 years and 33.25 crores in 20 years with an investment of just 1 lakh.
i can understand the hype behind an issue like Powergrid, Mundra and Reliance power. But this is too much.... BGR is just another company with decent credentials... But hypin it like dis is completely unnecessary....!!
bcoz of bgr and transformer everybody is going to ignore brigade,apply for it,u will get the allotment and take my words it will give the listing gains of aroud 72%.
within 2-3 days people will get money from Edelweiss,Renianssance,Kolte-Patil so chances of Allotment for BGR (will suscribe in retail-40times) & Transformer(more than 50 times) ..........RELIANCE POWER NO NEWS.........
HI NARESH,(158) I am not an employee of BGR.But there is chance to apply till 12.So any caleculated person will apply on monday only instead of locking of money.
Go ahead and apply in this ipo as per your capacity since it is going to list around 765 and within a week it will touch a high of 1287 so if alloted sell after a week 1 year target is 2850