we should not take "grey market premium" as a decisive factor to apply for an IPO. Firstsource solutions is not just a simple IPO, icici bank is the owner of this company. As far as grey market premium is concerned, even for pyramid saimira the grey market premium was very less, now see where the price of pyramid saimira has peaked, it has tripled in just 26 days, even shri asthavinayak
premium in grey market is low and looks like this will be faiil IPO. please do not ssubscribe for this IPO . keep you money for future IPO like idea, pfc and indian bank.
looks like money will get stuck in this ipo if you invest
This is one in 100 stocks, good one in the sector, Very good IPO's in the tech sector recently.. Tanla, Redington and now Firstsource, Can apply, can expect somewhere around 500% returns in 6 months to one year time .. Like tech mahindra.. price of the stock is also seems to be cheap..