All brokers have said apply even at the previous price band. I am going ahead and applying 1 lac. Lets see on listing day if it starts going down I will sell it in the 1st few mins and can get out. Even the worst IPO's will list well on the listing day and then go down by EOD or subsequent days. Come on guys lets take the risk. It looks worth it.
202. Chem cho| Link| Bookmark|
December 2, 2010 7:46:41 AM
IPO Guru (2500+ Posts, 2700+ Likes)
claris lifescience ltd 0N 2 DEC 2010 LAST DAY OF APPLING IN THE ISSUE I REMAIN FIRM I AM NOT APPLYING IN AN COMPANY IN WHICH BOARD OF DIRECTORS OR THIER FAMILY MEMBERS ARE IN SCAN EITHER BY PUBLIC OR GOVT
201. CHD| Link| Bookmark|
December 2, 2010 7:33:35 AM
(1100+ Posts, 500+ Likes)
AWARDS WON BY THE COMPANY DURING 2010 IN VARIOUS FIELDS, AS LISTED ON COY'S WEBSITE , SIMPLY IMPRESSIVE. I THINK IPO WILL GET FULLY SUBSCRIBED TODAY AND WILL GIVE SOME LISTING GAINS-PROVIDED THE MARKETS CONTINUE THEIR CURRENT BULL-RUN.DON'T FOLLOW MY HUNCH, PLEASE TAKE YOU OWN CALL-EVERYONE.
IPO will get fully subscribed and sail through today I feel. If it happens fine, otherwise I will get my money refunded. I have applied for 3 lots only. I can use the funds for punjab sind bank.
This IPO is failing. What are they going to do now? Further extension and reduction in price?
198. CHD| Link| Bookmark|
December 2, 2010 5:40:02 AM
(1100+ Posts, 500+ Likes)
Shahin @ 196: it won't be a big surprise , if yhis very IPO -shares will trade at a hefty premium on Listing day. Anything is possible in such an operator manipulated indian stock market! So follow your own intuition & take a call.
197. CHD| Link| Bookmark|
December 2, 2010 5:32:34 AM
(1100+ Posts, 500+ Likes)
Abhay Bhai @ 195 : Criminal cases to India mein CVC against be pending hain, High Court Allahabad ko Supreme Court ne dishonest declare kiya hai - this is my Great india , my dear friend.
this company has vary bad track record in past and its various drugs have USFDA problems and its drugs has been banned in many country including USA from where most FII are so they have not applied in this company so this is not fully subscribed yet and this issue may fail ...........
Hi ipo investor. Just think for 2 mins. If u are investing in this ipo. The ipo will be be listed after 14 days. This ipo will not give good return it is high risk low return.
So invest your money in best shares which already in the market just wait for 14 days it will give you more return as compare to this IPO i.e claris life science.