@KAUSHIKI I empathise your concerns but it’s not realistic.
Why should anyone interfere on price band? Will you sell your asset for e.g. Land/House etc. at discounted price when there are buyers available to pay hefty amount. Here I am referring to Anchor Investors! If anchors are willing to pay upper price band then that price is market price and competitive price.
If common investors are not aware about how market works then for them mutual funds are available. Mutual funds are generating returns far higher than Sensex. The Yardstick.
Losses of secondary market cannot be recovered by only investing in IPO’s. Newbies and financially illiterate investors have lost millions of hard earned money by investing through tips, betting via options and gambling in Intraday Trades.
BTW, at rich valuations also listing day gains are 30-50% which can be termed as infinite return if annualised.
Common investors were losing money in the past, are losing money today and will continue to lose money forever, whereas index will make highs every now and then and probably for next 100 years. Look at DOW, this is in existence for more than 100 years and is at all-time high but its constituents are not at highs some of them are still 50% down from their 2000 or 2008 top.
If we know that index, be it Nifty or Sensex will continue to make new highs for next 10 decades then why not simple buy Index ETF. Buying Index funds means you are buying a bunch of 50 hottest companies of India!!!
Price per share is coming around 360 by dividing issue size with number of share offered in issue. How can it be 70-75. Do you basic mathematic before posting any post. It may mislead to other forum members.
Happy Diwali to One and all in the Chittorgarh Forum Happy investing May you all stay Invested in Love, Happiness, Wealth, Prosperity today, tomorrow and forever.
Regards, Vinod.
19. R R Patel| Link| Bookmark|
October 19, 2017 2:31:38 PM
IPO Mentor (800+ Posts, 3400+ Likes)
More IPOs are coming in bull market but mostly @ high valuations but still gives good returns some of them so apply carefully and cautiously with some own analysis or guidance from export on this forum and don''t apply blindly in every IPO. Happy Diwali and have a great time ahead. Best wishes for Samvat 2074.????????
U r right.Mahindra group is not investor friendly and mahindra logistics past performance is just moderate.Still asking for such a high valuation.its last 2 issues namely mahindra and mahindra financial services and mahindra holidays have not given good returns till date
Septa Sir,.. Everyone is missing you here.... Wish you Happy birthday and pray for your health and prosperous life on the auspicious occassion of DEEPWALI... Happy birthday Sir,. Happy diwali to you and family.....
Septa Sir, Everyone is missing you here.... Wish you Happy birthday and pray for your health and prosperous life on the auspicious occassion of DEEPWALI... Happy birthday Sir, Happy diwali to you and family...
Suppose, I have two demat account from different broker with same name and same pan number. I am going apply ipo lot from both account. Is it possible to allot me both ipo application? And what about to apply three lot from same account?
I think Price would be around 362 with lot size of 41 shares
8. R R Patel| Link| Bookmark|
October 19, 2017 10:25:44 AM
IPO Mentor (800+ Posts, 3400+ Likes)
????May the festival of lights brightens your life and brings Joy and Prosperity for you and your family. ???? ????May millions of lamps illuminate your life with endless Happiness, good health and Wealth forever. ???? ????Wish you and your family a very Safe, eco-friendly and Happy Diwali.????
Regards, R R Patel & family, Jodhpur. ????????????????????
Basis of Allotment: 8-November Refunds: 9-November Credit to demat accounts: 9-November Listing: 10-November Registrar: Link Intime India Private Limited