84. R R Patel| Link| Bookmark|
September 30, 2017 12:41:34 PM
IPO Mentor (800+ Posts, 3400+ Likes)
MAS Financial sold its shares of 135 crors @340 per share approx in pre IPO placement and now upper price band @460. So i think at higher side although other things like financials and sectorial track records are good so let''s wait and watch.....
As too many private banks are in filed of finance there is very low chance of any NBFC to earn good profits so its better to buy any private bank share then these NBFC''S apply only for listing gains and sell if getting rates above 30% on issue price.
Going by the GMP of 180+, does it look like it will list above 640?
The fact that a large broker like Motilal Oswal is having stake in the company makes me think that it will list at a huge premium but then global factors may play spoilsport :(
180 premium for issue price of 459 is amazing for you.. Shh. keep quiet, otherwise price band may be hiked up :-) Market is in bear phase and you say 180 premium is amazing :-)
72.2. AKH| Link| Bookmark|
October 2, 2017 10:22:58 AM
IPO Mentor (900+ Posts, 700+ Likes)
Kostak must be in between 450-500 Allotment chances are 1/10 or 1/11 so one who have 5 and above applications, must sell application if they find Kostak near to 650-700 f instead of trying luck for allotment