Issue size is 16,000 Cr. Oversubscription: Say 20 times 16,000 cr x 20 = 320,000 crores Where this money will come? Definetely people are going to sell their positions before this ipo. So big correction for the market on the card? Retail guys be careful.
anybody know abt commercial engineer and body builder co??????? Its ipo is coming............ How is it???????? Any one has resarch abt it???????? Sj , u shd search abt it..........
IPOs have become the 'buzzword' in the Indian markets in recent times. With FIIs pouring money in droves, the euphoria on the bourses has swelled. And this has encouraged companies to announce IPOs by the dozen. Investors, too, seemed to have got carried away by the notion that markets are set to rise further. After all, the economies of the US and Europe are down in the dumps. China is also looking a tad shaky. Where will the FIIs invest but in India? And so, many investors appear to have given a thumbs-up to quite a few of these IPOs that have come out. This is apparent from the oversubscriptions that some of these IPOs have received. Not just that, investors are taking a shot at the ongoing IPOs in the hope of some easy money on the day of listing.
This practice is risky as the possibility of investors getting caught on the wrong foot is quite high. Look at what happened to the Reliance Power IPO. After all, the investment process whether in IPOs or in already listed stocks remains the same. The management has to be sound, the financials strong, the future growth prospects bright and the valuations attractive. In effect, the idea is to generate long term sustainable returns from the business that you are investing in. And so, investing in IPOs to cash in on 'listing gains' is not a practice that is likely to build shareholder wealth. Moreover, one cannot rest easy on the notion that FIIs will keep pouring money into the markets. This in some sense could be dangerous. Because if an untoward event happens, FIIs will pull money out faster than you can blink an eye. And one need look no further than 2008 to know the repercussions of the same.
Retail IPO limit exeed 2 lakh from 1 lakh from Coal India IPO Grey market premium 3300 per form [1 lakh full application] individual 14 Rs.per share only buyer