326. SkDash| Link| Bookmark|
March 21, 2011 4:28:16 PM
Top Contributor (1000+ Posts, 200+ Likes)
when issue is gud- there is a great run by all to catch the shares and as a result allotment will be very less (mostly 1 -2 lot and when issue is not so good -nobody will apply -chance of getting share is high- but there is fear of losing money.
So Better to apply 2lk in gud cos where sub is more so that allotment of around 6-7k rupees one will get and if 20% gain in av- then Rs 1500 from the exercise of 2 lks in 15 days.
Dear SK Das & Alpha, As already I have submitted that since many people have not been alloted the shares, they will be trying to make quick bucks by trading on listing day of the scrip. Demand supply gap shall be very high. If you are lucky to exit, you may see the price of 500 on listing day itself. I feel we should hold the stock based on the performance of PAGE Industries.
323. SkDash| Link| Bookmark|
March 21, 2011 4:11:04 PM
Top Contributor (1000+ Posts, 200+ Likes)
326-satyaa- ur prediction is double-triple bullish. Issue price 205- ur tgt of opening 500 (+147%) and to move to 1000 (+387%). what a guess. As per me- max return 30-40% on listing day and may be 70-80% in a yr
Please do not sell the scrip on listing day itself. Within onw week stock may touch 1000 provided there is no heavy correcttion in market. Stock is likely to open at 500
I had applied through SBI ASBA for 300 shares, got 30 shares (checked on linktime website). But still ASBA amount not released and shares Not credited.
I AM TOO UPSET BECAUSE I HAD APPLIED FOR 300 SHARES I ALLOTED 0 SHARES ITS TRULY DISCUSTING HOW THEY ALLOTED FOR 10 LOTS NO ALLOTMENT THEN HOW CAN A SMALL INVESTOR APPLY FOR IPO'S IF 61500 RS NOT GOT ALLOTMENT THEN ITS REALLY FOR BIG INVESTORS LIKE 1 LAKH OR ABOVE THAT WE CAN AFFORD. BY THE WAY GOOD LUCK FOR LUCKY INVESTOR.