I have applied 500 L&T IPO at cuttoff price of 59 in retail. considering the high subscription in retail & now IPO allotment price is fixed at 52, Is there any chance if i will get any allotment?
People who have applied @ the cut off price will not get any special treatment than the ones who have applied @ Rs 52/-. Unfortunately that not how it works. All fall under the same bell curve.
As the price is fixed at Rs.52, I hope that all the persons who had applied at cut-off price (at Rs.59) will get full allotment. Anyone please tell whether my thinking is correct
hi guys be ready on monday i have got latest news that mr biyani (future capital) has meet operator fr moving his share on monday share will touch intraday high of 195 and will be closing around 188 +- and i got target of 300with in 15 to 20 working days i know u wont belive me but just watch the stock thks.....
One more thing I forgotten to mention in my earlier mention the size of the issues AtoZ is 675 crores ,Ramkey is 530 crores and JP infratech is 1650 crores.Does a single person can manage these large issues.No I deffinately say no. In Indian market this size persons not emerged So far . I expressed my resentment due to lost of opportunities duly appending valuations to small issues where it strictly not follows. Most of the members including are having belief that you are a god’s gift to this site but I will not be calm, when some ambiguous. You can checkup and count the messages posted by you during the May to July last week and last week of July alone ie after my raised tone .
Dear senior member, I commented regarding PE, EPS, book value,ROE and good governance calculations will not workout only and only in small size and tiny issues as we know these issues normally , will run according to single person will and wish only, especially on listing day. This was proved in so many tiny IPOs Right from FCL,sudhar,sangvi,timbor,VMS,Rushil etc.So many of them we could not applied due to their lower grading given by rating agencies and moreover operator will be very very bullish especially when we are in the mood of bearish due to poor fundamentals so that all the fishes can be cause with one net. This was 100% proved in Birla pacific as the single person took the price to 200% above the issue price. The above said probabilities will not work at all and I repeat it ‘will not work at all’, when the size of the issue is unbearable and the price movement could not be controlled by single person. Like in the issues PFS, future venture,innoventive and muthoot and so on and it is applicable to this L&T issue also (1250 crores issue and minimum 10 times intraday positions from all parts of applicants will totaling into ten thousand crores Does it possible to single person to make movements like Birla or recent Bhartiya Global) It is totally contrast picture is prevailing in this regard. Please donot try to mix-up the issues to take the advantage. Moreover I clearly mentioned that there were hardly any message from all senior members in last 9 issues only right from Aanjaneya to Birla only .Please try to show a relationship and mention these only as I piercing out.
Hai santosh, On 29-07-11 night,you are worrying about low QIB subscription but I pacified you by my post at 10:33 PM stating that it will maximize chances in fixing the priceband near or exactly lower band.So happy ,same thing happend as we expected.