It is over-heated bull market. IPOs are priced aggressively as fear has gone in investors mind. Promoters are cheating investors & investors are becoming greedy.
Broad-market is neither cheap nor costly. Even technical anslysts fail to predict huge correction. Correction happens when there is no fear. A clear-cut target & stop-loss is required even for investors (my theumb-rule is risk-reward ratio should be 1:3 or 1:4).
A decent correction is required in Nifty / Sensex (10% - 15%) to drain out poisonous (levereaged) money in the system. Until that happens, IPOs won't give decent returns like earlier days.
Do you think DQ Entertainment is worth for long-term investment?
Be careful about Jubilant. It is like Thinksoft. I think REC (even PFC) also a good bet for long-term investors. Its beta is < 1, indicating less volatility. Both fundamentally & technically strong.
Opinions about REC / PFC are my personal. As always, you should do your home-work & decide before taking any action. Hear opinions of others, but take your own decision.
sab aprilwale issue aprilfool banayenge,if these are sound co,then yeh why ghabrate hain,1st may se qib 100% se dar lagta hai because sab loot co.hai,Any co want 1st day bidding,any want only kostak, mandhana gmp 12-13, tarapur gmp4-5,
ASBA stands for Application supported by blocked amount(IPO/FPO).Which means your total value of the bid will be blocked in your SB or current A/c (presently only 6 scheduled banks have this facility eg SBI, PNB, Axis, ICICI etc). You should have A/c in any one of these banks with net banking facility. The blocked amount will be released on the day 14th day after the close of issue after debiting the amount equal to the value of shares allotted to you. This is a revolutionary step in favour of the small investors. You only pay if allotted and for the allotted shares. What's more you get interest for the blocked amount as usual. Also you know on the 14th day itself about your allotment status. Need more, there is no chance of tension due to refund delays etc. Believe me it is very good.