The grey market premiums have gone down for almost ALL scrips, not only for Empee. Do not panic as it is only a passing phase. If people want to take back their money, investors who would have invested in Religare, Varun, Mundra also take it back...as their GMPs also have gone down.
Some punters are purposefully reducing the GMP down to 45 to 55 rupees, so as to panic the retail investors who in turn will cancel their cheque. It is the pure game play.
Be aware of such foul play.This stock will list in flying colours......
I have applied for 4 * 15 i.e. 4 lots ... since it's over subscribed 6 times in retail will I have any chance of getting a single share ... by the way any idea what is the over subscription @ cut off for retail :(
thanks to all the investor and investing community who vows not to subscribe the public issue of empee dist., however, with sincere apology to the company, please note that we are not against any company raising capital from the market but against those fradulent registrars and want to teach them lesson, it is high time "Cameo" note that you can not take investors for a ride, numerous bad experience like Everonn,Central bank and latest Dhanus has taught investors lesson to just boycott the issue managed by "Cameo". Just look at the subscription, when every issue from the capital market shows stunning figures, and inspite of good issue like Empee just barely managed to subscribe a little in this kind of scenario. hats off to investing public
Since Mudra will be fully over subscribed...i applied for Emppe distillers 165 shares...guys pls let me know whether i did wrong by investing in Empee distillers??
And also how many shares will be allotted for me???
Since Mudra will be fully over subscribed...i applied for Emppe distillers 165 shares...pls let me know guys whether i did wrong by investing in Empee distillers?? and also how many shares will be allotted???