Even LIC would like to save IL&FS... buying some stake. If LIC will invest in loss making companies all Public will money will come for a toss. Beneficiary should be corporates and politicians.
If you are not already paying enough through Highest even fuel price, GST, Taxes, put all of your saving in this Govt Stock and help govt in Building Nation and show your patriotism.
Stay away and save ur capital 2200 kaa loss paakaa hai per lot.. see current market condition...its highly bleeding.stay away jinhone laagaa diyaa withdraw kaar lo application. Portfolio check kaarne ki himaat hi nahi hoti every stock is 30 percent minus.
Stay away and save ur capital 2200 kaa loss paakaa hai per lot.. see current market condition...its highly bleeding.stay away jinhone laagaa diyaa withdraw kaar lo application.
LM Yes securities handled very few IPOs in the past and its track record is not so impressive.Most of the issues listed at discount.LIC will come to rescue on last moment.
I remember Midhani's issue size was almost very close around 400 crore but still LIC jumped to save the issue.It somehow fully subscribed on last day at last moment.None of the others category fully subscribe even up to 1x. see the figures available on chittorgarh.
QIB : 1.96x NII : 0.13x RII : 0.72x emp. : 0.26x ----------------- Net : 1.21X
Small equity stock generally darling of the operators. I am not sure whether Garden Reach will be good stock or not for listing gains but traders can move it easily.
Operators/Traders manipulate but after listing.They can manipulate subscription figures also which are eligible for technical rejection.In this sense SME IPOs are darling for them.Just check its subscription figures and listing.Recently major SME IPOs listed at steep discount.