Now a days, IPO subscription has gone up like anything. One cant apply their mind or logic or commonsense. Any unexpected thing can happen in any IPO. Its becoming more of a Psychological game of Operators v/s Retail.
Now a days, IPO subscription has gone up like anything.. One cant apply their mind or logic or commonsense... Any unexpected thing can happen in any IPO.. Its becoming more of a Psychological game of Operators v/s Retail.
ELSL is good company with firm profit record amongst it''s peers but as concern to USFDA recent bad mood and investeren fear in medicine sector It will List near 500 -550 but as concern to the long run it will to be 1100 category of stocks according to its no bad loans.
I''m going for it.Lets see
178.1. Huzefa| Link| Bookmark|
June 19, 2017 4:21:43 PM
Top Contributor (300+ Posts, 200+ Likes)
If according to you the listing will be at 500 to 550 then why apply in IPO at 600. But it after listing.
Just saw the list of Anchor Investors for ERIS lifesciences. 4 Motilal oswal mutual funds have picked stake in it as anchor investors. Ramdeo Agrawal of Motilal oswal does not pick stocks so easily, unless he sees potential in it. Hence this ipo is must apply for all. Good business, Good ROE...if u get allotment..forget it for next 10 yrs
See Anchor list of S.Chand or any other ipo,in all case it is excellent but what about listing?Many of them are below par on listing.It is brain washing .Game is being played in Anchor list in all cases.In case of Tejas ,list is very good but see subscription & will see negative listing
For short time investor advised to keep calm to the end of this day. If confirm news with more than 100% subscription comes jumps without any fear and research. Technically Best computer cam bean even SUN Ph in future.