even before the alotmet I am sure it will do well.Remember small banks have many buyers look at yesbank,dcb.Big banks always want stake in each bank.Listing 115 .Target 195 in 1 month
dear manish who the hell have advised 2 invest in stocks.my dear here strategy changes every minute & u fool is talking for next 5 yr.here d thumb rule is that when u are making profit bring it 2 your bank a/c.don`t think for such a long span.
manish grey market premium for indian bank is around 24% this is information that i have collected through various newspapers .... i think all those who have invested in IB will definately gain from it...
I guess this time we all will get more than half number of shares which we applied cause retail quota is over subscribed just by 3 times and employee quota has been fully subscribed. And all the retailer may not have applied at the cut-off price.
I have applied for 525 shares. But money has not been deducted till date. Normally it get deducted on next to next working day. Is there anyone who is facing same problem as me?
When is this IPO expected to hit the market and when can we know the allotment status. I have applied 900 shares @cutoff.What is the chance of allotment?
Its good that the retail subscription is low. Most likely it has been low since there have been a large number of IPOs in the last month and the retail investors would not have gotten back their application money from the other IPOs to invest in Indian Bank IPO. Hence the low subscription despite it being a good issue. The fact that the QIB portion is 56 times over subscribed is very heartening and will ensure a good listing.