very very hard to get allocation. only 79 retail applications will get allocation. instead, i will apply for cdsl. y to block 1.44 lakh for 8 days with zero hopes of allotment.
What to do yaar...good IPOs which have chance of gains & very low probability of loss are highly oversubscribed due to demonetisation huge money flow in system...but those with high priced IPOs which could give losses are subscribed less....where to invest...!!!
Dear Sathya, If you want you apply. No one can stop you I shared my own experience almost 75%of SME ipo are trading below its issue price you were writing about reliance. attleast it gives bonus and dividend
Duraiswamy, Y u invested in funny software. Tell the people on what basis you applied. If u pretend u didn''t, well... even Tatavarty steel issued fpo @ 660 7 years back. Reliance industries trading bw 900 to 1050 since a decade.(recently crossed it). Even big companies giving negative returns. It is up to us to invest after analysing instead of blindly. If u can''t, stay away from market. You are not fit. Keep your money in bank fd if it is really your hard earned money. Plz don''t spoil mood of the people here. Y don''t u talk about fourth dimension softwares (sme). It came to ipo for 10 (face value & issue price) only. Now trading at 200 per share.
Moderator, plz block this user if he posts such msgs again.
Guys can anyone give me any broker company name in Mumbai which can easily buy sell SME shares as I m finding problems in doing it and my broker Denies to sell