My view is that innoventive may list with premium. If it opens at discount(due to hevy shorting) wait for some time.. it may stabilize around issue price after some time.... Whether profit or loss, i will exit on listing day itself..
Dear KK Natarajanji sir, on Apr-19 at 1:37pm in your last review you pointed out that 'Among the current lot only Muthoot and Innoventive look to be good' But what happend for Muthoot is almost failure case After this are you on same stand.If so what is the listing and first five minutes range for Innoventive(fixed price at 117)I applied for two only and got the same and refund of Rs 300/-
I FULLY AGREE WITH THE VIEW OF ARPIT SHAH REG INNOVENTIVE INDUSTRIES . EVEN ITS GROWTH IN SALES / PAT OVER THE YEARS HAS BEEN QUITE STEADY WITH A DECENT UPWARD TREND WHICH IS A GOOD INDICATION OF A COMPANY'S MANAGEMENT.
Guys....A decent company...Not much hyped like Muthoot...Reasonably priced...Surely we can't expect fireworks on the listing day...but an upside in the range on 10 to 15% would be justified....Lets keep our fingers crossed...!!
Hello Friends. We didn't expect Firm Allotment on this Issue.However we got the same. Seeing the fate of Muthoot,we are under tremendous risks those of you have been allotted shares.I myself have been allotted 300 Shares. This Share should list at some premium at least. Best of Luck to all of Allotees including me.
Chem cho when did you withdraw your application.Already asba debited.When did you notice premium went down.There was no buyer when issue was closing.You encouraged people to apply & now allotment is completed.Nobody can withdraw
Hello,darlings Innoventive allotment already coming in.My A/c debited ! alredy..so fast. So forget abt withdrawing money hehe enjoy..ur luck.By the way i sold 48 Shares of Muthoot@188:).
147. Chem cho| Link| Bookmark|
May 6, 2011 6:00:08 PM
IPO Guru (2600+ Posts, 2700+ Likes)
sk dash
high of rs 10 to rs 15 premium was when the issue closedon 29/4/11 till 4 May but it has come down since it was rs 10 to rs 15 i applied but when it came down to rs 4 -5 i withdraw my application the fact which i knew i am telling
146. Chem cho| Link| Bookmark|
May 6, 2011 5:55:41 PM
IPO Guru (2600+ Posts, 2700+ Likes)
146 GUNDU ANNA
WRITE AN APPLICATION TO GENERAL MAMAGER Karvy Computershare Private Limited STATING I want to withdraw from the application mention your ASBA application number Pan number and demat account number you have to sign the letter (IE in the name of applicant )
fax it to Fax: +91-40-23311968 or scan the written copy and email to innoventive.ipo@karvy.com scan can be done at any zerox or zerox person will fax the same
Please tell me how you have withdrawn your application from innoventive IPO.
144. SkDash| Link| Bookmark|
May 6, 2011 9:54:03 AM
Top Contributor (1000+ Posts, 200+ Likes)
144-Chem Cho I have seen in diff site that GMP of Innovative was 4-5 from the beginning. but you are teliing it is going down from 10-12 ? When it was at such high prem ?
143. Chem cho| Link| Bookmark|
May 5, 2011 9:30:26 PM
IPO Guru (2600+ Posts, 2700+ Likes)
INNOVETIVE IPO WITH THE GREY MARKET PREMIUM GOING DOWN TO RS 4 TO RS 5 FROM RS 12 TO RS 15 I HAVE WRITTEN TO KARY TO STOP THE ALLOTMENT OF ALL 5 ASBA APPLICATION ON 5/5/2011