Mr Anand R- U have applied at 145 but price fixes at 155 .so u hv no allotment.Apply at cutoff/higherband for sure allotment.95% ipos price fixes at higher side
Also its always better to exit from the IPO allotments on the first day itself as not to block our amounts in a particular company, it holds ourselves from applying in other good IPO's. I suggest every1 to exit flexituff or any other good IPO on the listing day itself. One should not risk in applying in a weak company in this volatile times.
Who ever applied for this IPO wil get full allotment as the QIB segment has not been subscribed fully, that will be given to retailers. Hope so this will list at Rs.170, if market stays above 16000 points & positive this can move above that mark. Its a fundamentally strong company with worldwide operations in over 30 countries with a very good, neat & hygenic factory set up seen in very few companies.
Agree with you comments. This can be a long term bet. Whats your thoughts? Should we sell this on Good listing and then later (once price comes down or settles down) buy some for long term?
This is your diwali gift to all who have applied. will list around 200. Very good fundamentals. If the stock start declining don't sell in panic. Operators try to purchase it at low and try to create panic. but dont sell. Its like Gravita issue. Keep this stock will definitely get gr88 returns. Firm allotment to most - Thanks