As stated motilal oswal had a good listing.franklin and goldman sach has bought arounf 4 lakh shares out of total 29 lakh shares offered so it seems definitely more hunger for this stock will be in time to come.morever india bulls,indiainfo all big brokerage would like to have stake in it.can see levels of 2000 in 5-6 months time.
LOOK AT REVIEW BY ICICI At issue price of Rs 725-825, the stock is valued at 29x at the upper band and 33x its FY07 post dilution consolidated EPS of Rs 24.5. On a standalone basis, the stock is valued at 26.9x at upper band and 30.6x its FY07 post dilution EPS of Rs 26.94. The valuation is at a discount to peers like India Infoline, which is trading at P/E 40x its FY07 consolidated EPS. We recommend that investors subscribe to the issue and make it a part of their portfolio stock.
I applied for 24 shares of MOFSL in my ICICI Demat account. I got firm allocation of 8 shares and i got a check for the amount. While the check for refund is with me, I still dont have the shares in my ICICI account. What to do?
BEST OF LUCK WHO HAVE BEEN ALLOTED..... Top broking firms' scrip witnessed smart rally on the exchange today ahead of listing of Motilal Oswal, viz India Infoline jumped 9%, Emkay locked at upper circuit, Apollo Sindhoor surged 5.5%, Geojit gained 7% etc. On the same line, analysts expect Motilal Oswal will list at around Rs 950-1000. HAPPY INVESTING .
Dont sell this stock below 1000. Even though market is volatile it can surely reach 1400-1500 levels in next one month. I have got reports from one of my friend who is agent of this company, say there might be some M&A activity could happen and unlocks the value too much. If everything goes fine the by next year we can see 2000 on this script.
motilal ipo will list atleast above 950/- according to exeperts view on money control.BY the way there was a block deal of NOIDA TOLL of 31 lakhs shares at 30.5 RS.according to SPTULSIAN..NOIDA TOLL has 200 acres ofland of development in delhi and noida.according to him NOIDA TOLL is safe bet at cirrent price.
MR KISHOR AS I HAVE MAIL TO THE COMPANY AS U HAVE APPLIED FOR MOTILAL OSWAL UR ALLOTMENT HAS BENN REJECTED DUE TO LATE BIDDING OF APPLICATION UR WILL GET THE REFUND AMOUNT NOT THE SHARES OK BYE
I have kept a xerox copy of application with me . I am correct in all ways . But I dont know why it was refunded without mentioning any reason. I would like to comply to sebi on this matter.