HI FOLKS, HOW MANY DAYS LEFT IN ENGINEERS INDIA ALLOTMENT/REFUND OF EXCESS MONEY, CAN WE APPLY IN PRAKASH IPO, PLEASE ENLIGHTEN ME AS I AM NEW INVESTOR AND SOMEBODY TOLD ME THIS IS THE BEST FORUM TO GET QUICK AND RELIABLE REPLY, THANKS FOR YOUR HELP
I HAVE A FEELING THAT REC'S STORY MAY BE REPEATED UPTO CERTAIN EXTENT IN EIL.
AS PER UR THOUGHTS ALLOTMENT SHOULD BE OVER BY MONDAY, SO BY TUE/WED SHARES CAN BE CR. IN DEEMATS.
I WILL NOT SALE TILL I SEE THE SH IN DEEMAT.
IF IT HOLDS 225 I WILL GET DOUBLE BONANZA/RETURN AS I WAS NOT EXPECTING MOE THAN 295-300, THANKS TO U THAT U HAVE FORCED ME TO GO FOR EIL, I GENERALLY DONT GO FOR FPOS, MY LAST FPO WAS ONGC IN 2004 @ 712.5
I don't think shorting is a good option...I am sure govt would have deployed LIC to make sure price does not fall below 330...govt wants to make sure that retail gets max profit... they want retail support for coal india ipo to sail thru....
120 shares of EIL : allotment 40 approx 35 shares of SKS : allotment 10- 14 approx 60 shares of BJ Corp : No idea..looks like 10 approx
Listing gain EIL for retailer : 50 + /share Listing gain SKS for retailer : 100 + /share Listing gain BJ for retailer : 50 + /share This is my guess, i might be wrong.
120 shares of EIL : allotment 40 approx 35 shares of SKS : allotment 10- 14 approx 60 shares of BJ Corp : No idea..looks like 10 approx
Listing gain EIL for retailer : 50 + /share Listing gain SKS for retailer : 100 + /share Listing gain BJ for retailer : 50 + /share This is my guess, i might be wrong.