PLEASE CHECK ALL THE BLOGS OF THIS IPO BLOG U WILL FIND ALL THE ANSWERS.
I ALWAYS SAID AND STILL I SAY THAT THIS WILL DELIVER LESS THAN RS.1000 PER APPLICATION OR EVEN LOSS ON LISTING. LONG TERM WILL BE EVEN BAD. CHECK MY ALL EARLIER MAILS FOR REASONS.
PLEASE DONT FIGHT AND IF U DONT LIKE IGNORE MY MAILS.
MEANWHILE, THIS IPO HAS SUBSCRIBED BY MORE THAN 10 TIMES IF YOU CONSIDER ISSUE PRICE AT RS. 48. IN THIS ISSUE DRHP IS FOR RS. 500 CRORES AND NOT FOR NO OF EQUITY SHARES. BOTH NSE AND BSE ARE SHOWING WRONG DATA BY TAKING ISSUE PRICE AS RS. 42. HOWEVER IF THE ISSUE PRICE IS FIXED RS.42 THAN BSE AND NSE ARE CORRECT OTHERWISE FINAL ALLOTMENT WILL BE AS PER ISSUE PRICE.
BAJAJ CORP HAS POSTED JUNE 2010 QUARTER RESULTS. APPROX 18.22% JUMP IN NET PROFIT. VERY GOOD RESULTS. AVAILABLE AT VERY LOW PE RATION IN COMPARISON WITH PEERS COMPANIES. WILL IT TOUCH RS.1000/- IN 4 MONTHS?