yaar sab milke sebi ko likho. yaha likhne se kuch na hoga. i thought 1 to allotment mil jayega according to oversubscription ratio but yaha to puri daal hi kali hai
It has an EPS of 27.56 as on 31.03.17, and the industry P/E ratio is at 28.52. Going by this data, Cochin Shipyard Limited''s ideal market price works out at Rs.786 per share. The stock might list in between Rs.550-Rs.650 going by GMP and it would rise even after listing, I believe.
I too suspect fishy in allotment. If majority of the retail investors are denied with allotment, it should have resulted in huge shortfall of their quota subscription.
Seems HNI and operators have managed to corner major portion. That''s why allotment was delayed to do the favours and manage things. This is the case with all major IPOs .. is Sebi listening