I think the total no of share for IPO is 13452220 of which 6% has been alloted in Pre-IPO to Reliance mutual and Citi venture Group so thus it makes 93 lakhs now.
chittorgarh kindly tell the exact no. of shares in this ipo because the ipo application form shows that no. of shares in this issue is 93lakhs some thing and on this site it is showing 1,34,56,000.please clarify .it is very confusing.thank you .
If you are buying at 900-1000 level then its not a bad idea. But keep your money reserved to buy at 700-800 level to average it up. This is a long term Stock.
hi friends just go for this issue as this will open in almost double of the issue price and I expect a minimum of 15 times oversubscription in retail, since we do not have any thing more remunarative in pipie line it is a safe bet for 4-5% monthly return
I do not think anyone will apply in IPO with long term gains in sight. We can as well buy it in secondary market without locking any money. Only please give your views on how the market will rate this stock on listing.