hello friends jisne bhi yeh ipo nahi bhara pastayenge abhi 3-4 premium chal raha hain believe me long term rakhna double ho jayega please do not sell on listing it will give on 2 rs premium on listing but keep 6 months you will get double returns according to their profit its pe ratio is sexy so just cryyyy who have not applied
Do not apply in this birlas IPO , I think we can get this stock on lower level at the time of listing,at Rs 8 - 9 its a good buy for long term near 2 years prospective.
GOOD PEOPLE HAVE STARTING WITHDRAWING FROM THIS IPO THIS CAN ONLY BE SAVE FROM UNDERWRITERS BUT I REQUEST ALL RETAILERS NOT TO GET TRAPPED AS THIS WILL LIST BELOW 8 RS ON LISTING. YASH BIRLA HAS SUCH REPUTATION THAT IT WILL KEEP ON DECREASING EACH DAY
AAJ KAL TO DUNIYA BHAR KE STOCK ITNE JYADA DISCOUNT MEIN MIL RAHE HAIN KI IPO KE BAARE MEIN SOCHNE KI JAROORAT HI NAHIN HAI. KEWAL KUCHH PASANDIDA STOCK KI WATCHLIST TAIYAR KARKE SAHI SAMY PER ENTER KARNE KI JAROORAT HAI.
AAJ KAL TO DUNIYA BHAR KE STOCK ITNE JYADA DISCOUNT MEIN MIL RAHE HAIN KI IPO KE BAARE MEIN SOCHNE KI JAROORAT HI NAHIN HAI. KEWAL KUCHH PASANDIDA STOCK KI WATCHLIAT TAIYAR KARKE SAHI SAMY PER ENTER KARNE KI JAROORAT HAI. HAPPY INVESTMENT. MKV
AVOID THIS ISSUE!! Just see what happened with Archidply. I lost heavily on archidply and I don't want the same to happen to any of you people out there.
I have also applied for cotsyn and I fully expect to get losses there also. Bhai kya kare?
Kaun socha tha ki archid, itna discount me listing hoga? Woh bhi fairly decent company, compared to Cotsyn. Chalo mera to loss hua hain lekin aap log to bachh sakte hain.
Beware. Do not invest in any ipo blindly. Study the situation first and then make a decision. All the best.
MUMBAI: Birla Cotsyn has extended the closing date of its Rs 144.18-crore initial public offering to July 9, said an official with the lead manager of the issue. Further, the price band has been revised downward to Rs 12-Rs 14 per share from Rs 15-Rs 18 earlier, the official said.
The issue opened on June 30 and was to originally close on July 4.
Poor market sentiment has forced the company to extend the closing date. The issue was subscribed 0.46 times till 4 pm on Friday, as per the NSE website. The issue received 3,31,80,350 bids, of which around 1,88,73,750 were at the cut off price.
The qualified institutional buyers’ portion of 3,34,26,667 shares was subscribed 0.01 times, non-institutional investor portion of 1,00,28,000 shares was subscribed 1.16 times, and the retail portion of 2,33,98,667 shares was subscribed 0.54 times. While the employee’s portion of 48,33,333 hardly received any subscription.
The IPO proceeds would be utilised to set up an integrated textile unit and a garment manufacturing plant at the facilities located at Khamgaon, Ghatanji and Makkapur in Maharashtra. The investment would also fund the company's foray into retail outlets.