Ravi, Bangalore, Thanks a lot for your suggestions. I will wait for the duplicate form which I have asked through a mail. I will wait till the 11th as suggested by Sreedhar. Then I will do what is appropriate. I am going to apply for the 500 shares as per my minimum eligibility. I asked you if it worthwhile to apply for some additional shares.
Issue is through. I am not sure if Foreign entities can own print media companies.You can notice that most of qub subscription has been coming from mutual funds. They will not sell in a hurry.
Retail is not subscribing because of fear. Which means there will not be selling pressure from retail fellows.
Rating 4/5 is fundamentally good.
Please apply in small to medium quantities to get full allotment. Allotment may be at RS 166 where most of the bids have come and also anchor investor have been allotted. Can expect Rs 15 to Rs 20 gains on opening day.
Every possibility that it will get you about 10% gains in 15 days. asba PUT APPLICATIONS BEFORE 3pm
With the changed dynamics in the IPO market and the way subscriptions are done, you cannot blindly follow subscription figures.Last minute applications will keep coming and it may be too late for you to take the ASBA route after 3PM.
Irrespective, do apply according to your risk bearing capacity.
You will come out with decent profits. May not be bumper hit.But you will not lose money.
For 15 day blocking of amount in ASBA, decent returns. You will get full allotment under retail.So no point in applying multi apps, unless you have loads of money in the bank.
dear all nothing iscooking ,if one gets this share at 166/-then one is bound to get listig gain that i think is sure..there will be huge demand in qib and hni...