PC dave delhi, QIBs do not apply for chota issues with average & below average funda becos it is waste of energy & time for them.Gyscoal alloy which gave listing return of more than 50 % was subscribed only 1.54 times,Sea TV 25% was subscribed 1.66,Tirupati Inks 1.78 it went up to 63 after listing,Aster silicates 0.01,Midfield industries 1.86,Prakash steelage 1.27. All of them have given bumper returns ranging from 25 percent to more than 200 percent only thing u should know when to get out.Except Aster which I did not apply made good profits in all of them. So that is the kissa of small issues.This Issue has already been subscribed once in QIB so it enters this category.
Non-Institutional (HNI) section was subscribed 0.19 times.... The QIB portion was subscribed 1.01 times.. QIBs and HNI will apply in large nos tomorrow...
QIBs will apply in large nos only on last date, retailers have liquid amount refunded from coal india and desperate to invest somewhere for quick buck!
I visited the nse.com website , Gravita covers good subscription on 2nd day and I think it will cover good market position. I want to know more about Gravita and Share Market.....
I have seen trend in IPO application filings...where QIBs quota filled more than Retail quota.....generally... but in case of Gravita India.... QIBs only 1.01, while Retail quota filled 3.97....
whethere any trend behind this....??? or its giving any signal..??
Whats your view on Gravita? Should we go for it? Why QIB portion is just 1.01 times. I hope it will get subscribed by tomorrow. What is your expected subscription figues for this IPO?
I have seen trend in IPO application filings...where QIBs quota filled more than Retain quota.....generally... but in case of Gravita India.... QIBs only 1.01, while Retail quota filled 3.97....
whethere any trend behind this....??? or its giving any signal..??
I keep tab of the bulk deals in NSEIndia website and the activity is hot particularly in new listings. The bulk deals are mind boggling - the deals in BSTranscomm,Bedmutha etc. In one of the bulk deal in BSTranscomm I could calculate the profit made by one concern was 20 cr. Ofcourse there were losses in some transactions but the interesting part is that the total buy - sell bulk deals are mostly profitable.