since tulsi extrusions retail portion was subscribed 2+ times, allottment would be on lottery basis (i.e., proportionate basis). The chances of allottment would be 50:50
DEAR INVESTOR (73) SIR I APPLIED ONLY FOR ONE LOT OF TULSI EXTRUSIONS IPO NOW IT IS 2.47 SUBSCRIBED IN RETAIL CATEGORY WILL I GET ONE LOT PLZZZZZZZZZZZZZ DO RESPONSE. ROCKY
HEY AJAY SP TULSIAN SAYS THAT RELIANCE POWER WILL LIST MORE THAN RS 600 WHY ARE YOU SO ANTI IPO MAY BE YOU DONT WANT PEOPLE TO APPLY AND ON MOBILE HAS BEEN SUBSCRIBED BY QFI MORE THAN 20 TIMES SO MAY BE KEEP YOUR VIEWS TO YOURSELF
hi to all investors, dont invest in IPO's seeing grey market premium in some websites and "hope" for gains on listing.stock market isnt that easy.there are always more clever persons than you.i know several issues in last 2 years-grey market premium vanished during listing-can give a long list.infact so many in last 3 months.and i am not even talking about correction phases like now(it is normal for reliance grey market premium which was 500 to come down to 100 due to the market conditions and i bet it will list at a lesser premium-550 is llucky at the most).so avoid the wockhards emaars and irb etc etc.if u still want to burn your fingers....go ahead...
I am sure this issue will fetch reasonably good profit on the listing day and also for the long term. Right now, the grey market is quoting around 60-75 premium. Even if it falls by another 20 percent, 50 rupees premium per share is more than decent in the current scenario. And the markets do well during its listing days this premium will go up definitely.
you are absolutly right "Nuts" The P/E is very high at round Rs80. People who have applied better put a stop-payment as it will be available at a discount on listing.
I have gone through the DRHP of Ashoka Buildcon on SEBI's web, the prospect is much better than IRB
AVOID applying for this issue. The P/E is very high at round Rs80.People who have applied better put a stop-payment as it will be available at a discount on listing. DLF and unitech are better bets.