do not panic the grey market premium has fallen down to rs 1 or .75 p for laresen finance there will be listing gains when the grey market premium is rs 6 to 10 in other issues the listing is negative that it lists at premium of rs 2 to 4 and before you sell or think of selling it drops to -2to -5 so there is loss no doubt grey market premium is the barameter for listing but 5 grade company will not be cheap like other listings management will hold the price like the tata steel fpo so donot panic
How much risk you see holding ifil for long term or you are planning only for listing gains I am thinking of applying for 1 LK for long term of 5 yrs but getting confused on whether it is risky bet or not
I have stopped my cheques.I will use it for Indiainfo NCD.World markets are weak so I do not want to take unnecessary risks.I will take a call on l&t finance post listing
Irrespective of what is GMP, L&T Finance will surely command premium due to its brand image. All brokerages have given targets of Rs 60-65 in medium term/long term. I think it shall list above 55 and can go upto 58-59 before settling at around 56-57. The promoters have also not become greedy and have appropriately priced the issue at lower end of pric band at Rs 52. One thing is sure that since it is a large issue, operators won't play with this stock. Lets hope for the best.
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August 2, 2011 2:27:31 PM
Top Contributor (500+ Posts, 200+ Likes)
All cheques debitted today. Regarding fall in grey market premium, please refer to site of SMART INVESTMENT,which talks of fight between the two merchant bankers (JMFINANCIAL & others),as the core reason for the fall of grey premium from Rs6-7/- to Rs .75-1/-
Hi members, i aaplid 2 a/c in LT ipo, in my own a/c i gave icici cheque its money debited but in my mother a/c i gave hdfc bank cheque its money still not debited from my a/c. plz tell me whether nebody applied through hdfc bank his money debited or not. i m from delhi.
1. There is a space that it may not list in discount 2. It means, it can give you more then the issue price. 3. At least your money is safe as you can exit on your price
so dont worry, GmP is junk now days "compare old gmp data"
Hi members, plz let me know whether everybody cheque debited in LT finance ipo, i aaplid 2 a/c in LT ipo, in my own a/c i gave icici cheque its money debited but in my mother a/c i gave hdfc bank cheque its money still not debited from my a/c. plz tell me whether nebody applied through hdfc bank his money debited or not. i m from delhi.
Why become and make fool to poor investor. You can by in discount price from issue price. All applicant make average 15,000 on one lac's application in Coal India. L&T Finance can give such.... If you have give Rs. 8 to 10 GMP then you will loss your money. Best of luck.