Guys, Jinhone kal becha unki watt lag gayi jo aaj bechenge wo bhi 2 din baad royenge The biggest issue of Indian IPO history has been announced and to come on 18-21 October next PSU divestment candidate Govt. will not let it down. Allotment will come on Thursday night So don't sell in open market now. Current GMP:- 310-311 in EIL
BUY EIL WILL ZOOM TO 425 TILL DIWALI ( STRONG NEWS )
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August 10, 2010 10:42:47 AM
IPO Guru (1300+ Posts, 500+ Likes)
dear ab,dont blame ..LINK INTIME..THEY R NO ..1..REGISTRAR..ALLOT HAS BEEN DONE.. ON 022-25960320 I GOT MY ALLOT..IN EVENING THEY WILL PUT ALLOT. ON THEIR SITE...
AS THE 25% PUBLIC SHAREHOLDING NORMS HAVE BEEN REMOVED FROM PSU, SO THERE IS NO COMPULSION FROM GOVT TO DIVEST, AS PER ONE ESTIMATE THE GOVT WAS ABOUT TO RAISE AROUND RS. 1.25 LAC CRORES BEFORE THIS REMOVAL NOW THEY WILL RAISE ONLY 20000 CRORES.
SO THE FII WILL HAVE MORE MONEY FOR EXISTING GOOD PSU LIKE EIL...
I don't know why allotment is not happend till now.. there is delay by intime or other reason ? because it's already 12 days passed and as per sebi's rule also u hv to list your share within 14 days.. enebody guide me about allotment and what will be the stratagy ? we hv to hold this or sale ? i applied 1 lac's 2 application.. awaiting reply...
I HAVE A ADVICE FOR MYSELF AS WELL AS TO OTHERS FELLOW BOARDERS.
DONT BE IN A HURRY TO SALE EIL, DONT SALE ATLEAST BELOW 310 IF WE COULD RESIST OURSELFS FROM SELLING THE SHARES THIS WEEK, OUR GAIN MAY INCREASE 20-30%.
NEXT WEEK IT MAY GO TO 330.
BUT 305-310 IS NOT THE BAD PRICE TO EXIT FOR IPO INVESTOR ONLY NOT FOR LT INVESTOR.