Paticipation in new india and khadim for retailer might not come that''s why they applied in full force in Mahindra and other reason is Brand of Mahindra.(IMO)
Retail may go with full force in HDFC LIFE as it''s seem to fair price and good for long term.(IMO)
First day subscription 0.48, looks encouraging. Let''s wait for subscription tomorrow and see how it goes. Though retail sub is higher for 1st day QIB AND HNI sub are crucial. Let''s wait and watch before applying.
Overall good response from QIBs, RIIs. I guess HNIs applied as RIIs here.
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November 2, 2017 4:25:07 PM
IPO Guru (2000+ Posts, 1200+ Likes)
Gmp crashing to level 9 Only seller tone No one seems buyer around the corner Wondering with RII numbers on which basis people are gambling their hard earned money?
If in this way RII subscribe without thinking Without any thaught or just seeing GMP & brand name companies are ready to loot retail investor. Investor should teach lesson to such type companies by not investing in such companies. I have not subscribe any of current three issues.
Very disappointed ,not a single lot allotted in RELIANCE NIPPON .Even amount not unblocked ,so I am not using same fund for Mahindra , Applied only 4 application .Anil Daring Active Gamble .