Why retail investors are so happy? you are investing Rs. 950000 and it will be locked { unless using ASBA } for another 20 days. After that you will get share worth Rs. 30500. At max you can expect 10-15% listing gain. Is it really worth. There are many good scrip available in market {ex : GUJ NRE } which can give similar or more return without blocking your money.
disclaimer : i have applied full in DB. Earlier earned good profit in COX, OIL, IRB & had huge loss in Archid, Gammon Infra & TWL
Tulsian was of the opinion that it is a "subscribe" even at the upper end... :P hope he is right atleast for once.... hoping and praying that this stock doesnot suffer because of His recommendation..
@nishra if u r sure that nifty will come down 4300-4500 with the exact dates, then u can become billionare.. why r u wasting time in writing this stupid message!!!
@vaisakh, you will get discount.{(No. of shares applied*210)/3.1(retail subscription at cutoff)}will be the amount deducted and the rest will be refunded.
@nishra nirav, Hope you are right.If the nifty is at 4300-4500 as you imagine at the time of listing,then what better time to accumulate our favorite shares.No problem even if DB Corp list @10% discount then.I have made 2 full applications.
Dear Vishal, Good advice .It is better for VJ to stop his check payment so that he can atleast apply to other IPOs & not get his amount blocked.Seeing the response of JSW Energy management to fix the price of their IPO at 100 I am very hopeful of forthcoming IPOs getting their pricing right for the investors.
IT IS A BREAKING NEWS..DP CORP WILL BE LISTED ON DISCOUNT ATLEAST 10%...SO YOU ALL GUY U REMEMBER MY WORDS...BECAUSE THAT TIME MARKET WOULD BE NIFTY 4500 TO 4300..SO ENJOY EVERY INVESTOR TO DROP THIS IPO...
I applied on the second day, because the response was very less at cutoff, I applied for 90 shares at 200 per piece. Based on any of your previous experience, is there a chance I will get any allotment?