Central Bank of India IPO Message Board (Page 49)

it would have a great IPO for listing gains during a bull run.but not a great idea to go for it now with a big correction looming on us.because it is fundamentally a bad scrip.i am sure smart inveswstors will play it safe by avoiding it.

Todays DEEP Correction is a END of the bull run and Indian market is no expceptions. My sense says that world wide market will correct atleast 15-20% from their all time high. In that scenerio, its not wise to go for this IPO. I wont be surprised if this issue opens below its issue price. Please note this bank was a lost making bank 3 years ago. Current valuations are already streched. Please take a cautious view and then invest.

MARKET MAY TOUCH 12500-13000 by MID AUGUST.
THIS IPO CAN LIST BELOW IPO PRICE>>
WAIT AND YOU CAN BUY FROM SECONDARY MARKET AT LOWER PRICE>

ALL THE BEST TO THOSE WHO ARE APPLYING >>>>>

PSU BANK STOCKS GOING DOWN TODAY CHECK THE MARKET

CBI is a great issue and going to subscribe atleast 15 times in retail and as grey market premium too is very gud and increasing it seems to be everybody should apply for this IPO......many broking house n technichal analyst too recommende to subscribe this IPO for listing gains of 60-70 %

Hi Friends,

where to get the hourly update of Retail portion.... If anybody know, share it here....

Thanks in advance.

Yes... Its via ICICIDirect.com - Any better advice?

INDIA BULL please dont misguide people. market will never touch for next a year to 12000. Please apply for CBI ipo as it oversubscribes 13 time yesterday and today it will go about 45 times

Dear sheetal that is the maximum limit for applying ... so apply for 960 Shares @ 102. pls tell me through which source u r applying is it icicidirect.com

Hi Sheetal,

That is the max i.e Rs 97920 i.e 960 shares u can apply uner retail as each lot is 60 shares.

how do I apply for max shares at the cut off price? Multiples of 60 only - That would be 960 Shares @ 102 is Rs 97920. So how do I apply for max of Rs 100000 ? Please advice

BE CARE FULL BEFORE INVESTING IN ANY IPO .... MARKET IS GOING TO CRASH BY THE TIME IPO LIST'S MARKET WOULD BE AT 12000... HENCE PLAN UR RISK

Todays DEEP Correction is a begining of the bull run and Indian market is no expceptions. My sense says that world wide market will correct atleast 15-20% from their all time high. In that scenerio, its not wise to go for this IPO. I wont be surprised if this issue opens below its issue price. Please note this bank was a lost making bank 3 years ago. Current valuations are already streched. Please take a cautious view and then invest.

Market is moving for correction,so when this IPO will come,nobody knows what will be the situation of Market,so don't expect much from this IPO.Grey Market prem will also will get down from 40 to ....???

Don't expect Listing gains.
this is for long term at least more than one year.

Will Market Crash affet this IPO ???

ipo is good and who gives intreset of 1 lac for 20 days up to 3500

QIB 21.28
NII 4.21
Retail 1.59
till 5.00 pm 26/07/07

Drea Shiva,
45 rs premimum is not less as its almost 50% of issue price. So if premium is 50% then sthoch should get list atleast with premium of 70%-80%. Dont be so crazzy even if u want listing gain and no one can give u 70% return in just 20 days (IPO takes 20 days to list).
Also Central bank is well know bank across india and all these ICICI/HDFC kind of private bank are just kidds in terms of name all rural areas. Please go for this IPO for short/medium/long term gain.
I will also apply tomorrow.

Dear Madan

This is a good oppurtunity. Subscribe to maximun possible

M D Rajan

Avoid this IPO...As market premium is only 30-40...Go for purvankara power...Grey market premium is 180-190rs.Opens on aug 3rd...