Avoid this issue. at lower end of 275 the stock is trades at 29times p/e which is really expensive. At 325, the p/e is 33 times. Greedy promoters, same as many realty stocks.
At5 and 10 p/e you get many good stocks in the secondary market.
Hi I want to understand if anybody knows about the process of selling larger number of shares say 3000 shares of Club Mahindra in the secondary market.
Nobody knows what happens in the market tomorrow. People comment on reliance power. They are right because it never reached its issue price. But that is surely not because of over priced IPO. Measuring with that scale many issues were over priced. DLF IPO was overpriced at that time.Many days after listing it moved up outperforming index. Consider Alkali Metals issue during a southward movement of indices. There were very few comments in this forum for Alkali Metals. Issue was just subscribed. Most of the people commented that fundamentals are poor. Check what was its listing price and what is the price now. So what matter is timing. If timing is good it will fetch you good gains, else book loss. Decide your own. After all it is your money.
Yesterday's book. Only main merchant bankers Own entity and FII p-note has put in bid at lower end. If subscription does not pick up, they will get full quota. So if it is not offered at lower end, banker is out of obligation. Beaware retail subscriber.
one can apply for club mahindra ipo individulas will not get more then 20 shares. if list on premium sell it if not then purchase it and make average. Time is with mahindras they made couregious attempt and got satyam now nobody says they made mistake. in stock market any thing is possibel why we are forgetting prvious ipo's like dlf etc what was the issue price and where they got listed and what is the price now. in this market my loss is yourgain and my gain is your loss. so no point in talking fundementals when group is good have faith and make money.