Dear Friends I Think this IPO will definitely give at least 10-15 Rs.on Listing. Hence you can invest it in without worrying. For standing firm chances of Allotment you have to subscribe for at least 5-6 Lots. or else rely on Lottery Allotment as the Subscription will be quite dense in the Retail Portion at the end of the day. Think will be at least 6 Times. Happy Investing Chintan
APPLYING FOR GYSCOAL OR NOT I HAVE APPLIED RAMKY ON UR ADVICE BUT LOST HEAVILY (PLEASE DO NOT TAKE OTHERWISW I AM NOT BLAMING u) THIS IS ALSO ONE OF THE KIND OF ISSUE LIKE BEDMUTHA OR PRAKASH STEEL HOWEVER DEPENDING ON MARKET THIS CAN GIVE U RETURN OR HEAVY LOSS , RAMKY, EROS, SKS AND TECPRO IS FUNDAMENTALLY STRONG ISSUES BUT LOOK AT THE RETURN...........
Lot of activity in ipos for last few weeks. Myself applied for 8 ipos and exited in all - gain in few and minor loss in few - with return of 1% on total investment for 15 days - so 24% per annum. May be far less for the efforts we put in but definitely adds to our experience. Now planning to identify & slowly add some good stocks with low valuations on long term basis.
Thanks to you and other stalwarts who share their experience and make this blog an interesting one.