YOU ARE RIGHT. ALREADY ELECTROSTEEL HAS HAVING A GREY MARKET RATE OF 2300 WHEREAS MICRO, EROS AND CAREER HAS ONLY 1800 KOSTAK. THIS ELECTROSTEEL RATE WILL FURTHER INCREASE, VATECH ALSO INCREASED TO RS. 2400. AFTER CLOSING OF 21ST APOS, U WILL SEE SHARP RISE IN PREMIUM OF ISSUES CLOSING AFTER 21, SO APPLY ONLY 20% FUNDS IN EROS, CAREER AND MICRO AND KEEP BALANCE FOR ELECTRO, VATECH, GALLANT, CANTABILE, ORIENT GREEN, RAMKY ETC TO EARN HANDSOME 5000 PER APPLICATION
I GREATLY ADMIRE & RESPECT YOUR INVESTMENT DECISIONS & WOULD LIKE TO FOLLOW YOU. PLEASE TELL ME WHETHER YOU ARE APPLYING FOR MICROSEC &/OR EROS IPOS ? IF YES, FULL APPLICATIONS OR SMALL ONES (AS HEAVY OVER-SUBSCRIPTION IS EXPECTED) ? WHICH OTHER IPOS DO YOU PLAN TO APPLY NEXT WEEK ? PLEASE REPLY URGENTLY. THANKS & REGARDS.
A `Kostak Rate` is the rate at which one can sell his/her IPO application (in an off market transaction) to someone else even before allotment or listing of the issue.
This and Grey market premium gives an indication of the demand for the IPo in the market, before even its subscription ends.
BARBAAD IPO HAI. QIB NE ANCHOR KEWAL 165 MAIN LIYA HAI. AAJ TAK QIB RESPONSE BHI POOR HAI. KAL QIB BHAREGA BUT PHIR BHI CAREER ACCHA LAGATA HAI. AVOID EROS APPLY CAREER
From Wellwisher to all : Let me tell you all after detail study that if we apply in IPOs closing after 23rd we will earn very big money bcoz most of the people will be short of funds after applying in Eros, Micro and Career....Later on in Vatech, ashoka, Tecpro, electro, Orient, Ramky, Cantabill, Gallant, Sea Tv, Bedmutha, Commercial ...in all these allotments will be more and one can earn easily on an average 4000/- to 5000/- per appln ...while in Eros, Career and Microsec our earnings will be max. 1500/- to 2000/- due to heavy subscription. So all of you be careful dont put all your eggs in one basket ie on 21st rather distribute your money wisely in all IPOs
allotment to anchor investors was made @ 165/-per share,as such there is a very good chance of price discovery at this rate i.e.165/-... retail investors can apply price bid for 600 shares x165/-=99000/-as second option after first option of cut-off bid for 560 shares..in this way there will be chances of more allotment..is this right strategy..experts kindly suggest
Can Anyboy clarify why few issues has QIB date others? I mean is it choice of company? I dont know why SEBI doing like this bcoz it is leading confusion many people.