I have 30 yrs experience in this market. Please hold all your allotment for 5 yrs.
My price target is based on intensive reaserch on Coal business for last 4 months. In nut shell it will be because of
1) Volume expansion: volume will be more than 2.5 times of current production. 2) Margin expansion: (a) Increase in washed coal generating 40% higher prices (b) margin of unwashed coal also will rise because of demand. (3)Higher P/E multiple.
most of the persons on board of this site are giving their absurd opinions without cosidering the repute ipos like coal india,oberoi.techpro,vatech etc etc.if they do not have confidence and money to invest.it is rather requested not to give their rubbish views to discourge the prospective investers
jab sare fii listing par profit booking karenge tab ise kon khiredega itne bade issue ko . fii ke liye to anything above issue price profit hai.
aur starting me ek baar aisa jarur hoaga ki fii premium se discount me aane tak bechte jayenge aur public bechari phas jayeegi aur fii apni cost price kam kar lega
Any workings on what will be the allotment on full subscription at cut-off? I was seeing the book building, and majority of bids are below the cut off.. If the govt decides Cutoff.. will that mean 100% allotment like Oberoi?
Unsubscribed portion of employee quota can be allotted to any category as per discretion of the management. But this being PSU company, they will allot to retail category.