gray market premium is Rs 15-16/-----but wait it may reach 80-100 in 8-12 months. do not sell. company has also plan to enter second time with issue. background is good.
friends, if u see the basis of allotment for any stock, u can find there is a chance for people who has applied for even 1 lot. I think this is a good stratgey for allotment. earlier i got nothing in icra, mic, nitin fire where i applied for 1 lac. this time i applied for 50k and got 350 shares. i was delighted to see shares alloted to me first time in a good ipo. anyhow, can anybody tell me what is the grey market premium for this stock.
Nice stock do not sell in hurry , HNI is around 44%, shows they have value around 30, as always will list above 30 and will hit 36 -37 on the day of listing enjoy with full fun.