Guys help me ,whether to apply Intrasoft or not. I have decided not to apply Goenka but very much confused with Intrasoft as most of the experts says to avoid the intrasoft issue. SP Tulsian:Avoid Business line:Avoid Hem Securities:Avoid Swastica:Apply
I don't understand how it commands GMP of Rs 58-60 as most experts advice is avoid and even subscription is also very low(1.10 times total and retail is .16 times as of now)though issue is very small.
Last time I avoid sree ganesh after seeing the poor subscription details on the closing day till 3 pm.
Total Issue Size 3,700,000 Total Bids Received 4,087,320 Total Bids Received at Cut-off Price 216,400 No. of times issue is subscribed 1.10 As on 25-Mar-2010 16:00:00 IST
Going by the bids received at cut-off retail subscription is around 0.2 times
I'm an ex-employee of this company. It's a very good company, they do not have much competition in the segment. It can also be a good stock for long term.
BOTH INTRASOFT AND GOENKA ARE RISKY, BUT I M ALSO THINKING OF APPLYING IN INTRASOFT, THIS CO IS VERY RISKY DUE ITS SIZE AND BUSINESS MODEL, BUT IT CAN GIVE GOOD LISTING GAIN, DONT FORGET TO EXIT ON LISTING.. IT WILL BE HEAVILY SUBSCRIBED IN RETAIL DUE TO SMALL IPO SIZE SO GO FOR IT LEAVE GOENKA, THERE IS NO OPTION IN ICICI INTERNET BANKING FOR ASBA ASK UR BRANCH OR CC ABOUT THIS
icici bank is one of the self certified banks thro which one can apply for ipo thru ASBA. all you should require is to log on to your icici bank account and check the applying ipo thru ASBA menu. just log in and find out. happy investing.
geetha, icici bank is one of the authorised bank thru whcih one can apply for IPO thru ASBA. i think all you would require is a internet access to your bank account and there should be a menu to apply for ipo thru ASBA. just check it out by logging onto icici bank. happy investing.