TigernTiger, I have not applied for Innoventive.I have applied for Servalakshmi (1full)whose cheque I have just stopped now becos I am not seeing any difference in its situation compared to Saturday.
For the members sirs of forum again I reteirate, I beleive BRLM is having as much important as director in making a film do you agree of couse registrar is like editor and syndicate members are distributors of the film. The privious utters from 'Axis' (other BRLM Avendus new director) are,let us clapps, Jaypee infratech (Collapse,capsized,disappear) Shree Ganesh (Collapse) Orient (Collpase,disappear) KNR con(failure) Madana(avarage)
Manish Bhai, How you are expecting the correction on price of Innoventive,is there any discount prices prevailing in graymarket or you ready to buy at Rs 100/- or below.
There are only two gears one is long another is short. If stock favours you it will be profit otherwise loss.
A good fundamental company with no exact comparable peer(Though Tube Investments is having a small comparable business base).....It has an edge of having uniqueness and hence deserves a bit premium market valuation. Fair value is INR 144 on listing.....And 175 is a medium term target(in next 4-6 months).
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April 30, 2011 11:17:42 PM
IPO Guru (2600+ Posts, 2700+ Likes)
INNOVENTIVE INDUSTRIES IPO FIVE APPLICATIONS THIS TIME FOR 400 SHARES EACH
tiger & tiger....i made same position like u.....let's see.....it's like hedging....i hedged innovative and servalakshmi's against mothoot...in mothoot i taken huge exposere...so ratio of P/L will bacem same or if innovative or servalakshami gives more profit then any other issue v will be in profit....so stay invested in innovative nd servalakshmi...dont worry..
Dear rishir, Hope Innoventive Industries will list at premium & give you gain.I sincerely wish it should list in premium even though many people may curse me if it lists in premium as I have made them stop their application.
GMP will climb up or go down drastically after cancellations. Eventhough i didn't apply i hope other boarders get some premium for there invested money for taking hugerisk
I agree with what Sreedhar said abt sending withdrawal request from Innoventive issue.Those of you who want to withdraw can send ur request by Monday(Max) as the no.of requests put pressure on Registrar to make allotment early. Most of the bids were @117 so i expect it to fix @117 and very small listing gains if any in beginning and huge risk of going down to 100 later.
if it is less subscribed, it does not mean that it will list discount. Even under subscribed or just fully subscribed IPO had a very good track record on listing day .so friends donot loose heart and take a chance insteead of stop payment .I had stopped payment for finolex seeing subs no but result is just the opposite .so take a chance