i believe that even if listing gains are not made,as a sector valuations are good and for those who got allotment can have good gains in a period of time. The plans of expansion of the company and business will be know on listing day and then thhose who have not applied for this ipo will repent
Thank you Mohan... This is the first time I have invested in IPOs, can someone please let me know whether I should go for listing gains, or should I hold it for sometime...
Hi All, Need ur help in finding out how many shares have been allotted to me. I invested 1 lacs at cutoff price using online trading platform of religare. It shows my application number as 6642064. While the site says, it has to be of 8 digits. How do I find the status.
overall oversubscription 13 times with very low volume applications, so allotment done earlier, nothing special. If market condition not good on listing day, the stock price will goes down to below the issue price, like omaxe & ivrprime. But omaxe & ivrprime now trading at good price, because all megazines are giving good rating for omaxe & ivrprime. But in Brigade issue, all megazines are given only average rating. Any way, wait & see.
Kary took just 9 days to release the allotment. Just rectifying the mess up they had done in one of the earlier allotments - particularly wrong refunds. Learnt from mistakes - improved quality control, effectiveness and efficiency. Kudos. SEBI can revise the guideline to other Registrars to make allotment/refund within 10 days as done by Karvy.