After seeing listing of Adani Power one should be very cautious investing in IPO. Forget about listing gain, there is nothing left for the investor. Till the market is down, it is judicious to buy from secondary market. Also don't go by the crisil rating, since the rating does not take care of issue price. I lost huge in Archidply, zeor gain by Adani and now waiting for NHPC listing.
I was tracking jindal poly ipo and it fell immediately after the ipo date ended, please check if promoters of both companies are same and then apply and also with oil india ipo round the corner one would be well advised to skip this ipo
This cheater was waiting for little boom in IPO market & came to LOOT innocent people.........PL Stay Away from this company....u will get at 10-12 rs after some time
THIS IS FRAUD ISSUE.PROMOTER ARE TRYING TO MEKE FOOL PUBLIC.BEFORE IT THEY SUCSEDD IN JINDAL POLY BY ISSUING SHARES @ 375/-.AFTER LISTING IT FOR 3 YEARS,STILL IT IS DISCOUNTED FROM PUBLIC ISSUE.BE CAREFUL.