With so many building & infrastructure companies comming up now a days and adding to it easy availibility for home loans we can foresee the demand for Cement would go up exponentially.Long term gain certainly there. More over the IPO being priced so low would also bring some listing gains.
if you people want to wash off the gains of mundra then go in for burnpur cements because: 1. has not given consistent performance 2. a very small market cap, so valuations must be even lower 3. has its business in jharkhand, bihar and west bengal. the third one is the most important point why one should avoid this ipo. a very bad issue. avoid or suicide
better to avoid burnpur. regarding other issues i am in the process of collection information and will inform before opening of the issue happy investing
This seems to be better only confusiion is aLL WEST BENGAL BASED COMPANIES WERE BOOKING LOSS 1990s. The reason was lal jhunda band band and band.. But this issue I believe is very less valued so there is no risk in putting money. At least it will give some listing gains and ranked also 3.4/5 more than Jyothi so i think I will take this issue if not Jyothi.