Thank God, Every one losing money in ALL IPO/FPO’s otherwise if profit was there than Govt, Registrar, Merchant Bankers, Lead Managers will be angry. Because all are the seeds of this Govt. NHPC, NTPC, NMDC, SHILPI, Reliance Power, Jaypee Infra, SCI, PTC India, Shilpi Cable, Emmbi Poly, Muthoot, Paramount, Gyscoal, Alloys, Prestige Estate, BS Transcom, Oberoi Reality, Commercial Engg, Ashoka Buildcom, Ramky Infra, Future Venture…. Now, the time is for PFC, SAIL, ONGC to give more and more losses to Investors. All AIPO/FPO will be set at upper band. After listing these will be down like water. Now, IPO Theory of India is ANYONE can bring ANY IPO at ANY rate. This is now our great Indian’s IPO theory. Because all Lead Managers, Registrars, Merchant Bankers, SEBI, Govt. Officials will shake hand to make fool to Retail Investors and Aam Aadmi.
More IPO/FPO more and more losses to retailers that is the policy of Indian IPO/FPO market till this Govt. is there. That’s what we never believe on this total IPO theory after coming this Govt. Hence, already we have post message that Muthoot will give discount post listing where everyone was optimistic that it will be super listing. Now, everyone telling that we should complain. Our suggestion that please don’t believe even 0.0001% on IPO theory of Indian Market till this Govt. is there.
Even if you try to complain they will do breakfast and lunch on your complain papers or they will throw it in dustbin as it has already happened for objecting towards raising limit by Rs. 2.00 Lakhs for retailers. Have they listened? Inspite of 90% retailers object but they don’t listen.