Please dont subscribe to this issue till the last day because the price is heavily priced and there will be a chnace to reprice the issue like PURVANKARA if the bids dont receive aggressivly till the last date. I think investors should play a game to make the price reduce.
hai just avoid this issue only reason because this is highly prized issue no one would like to buy this 5 rs. paid share at even at 725. are u nuts just look at the fundamentals, if you want to do hara kiri just go ahead
most of the recommendations given by motilal oswal are at best absurd. I wonder on what basis such hefty premium is being levied by such companies....AVOID AVOID AVOID
»» Public Issue Open : 20/08 to 23/08 »» Public Issue Type : 100% Book Built Issue (Initial Public Offer IPO) »» Public Issue Size: 2,982,710 Equity Share of Rs 5/- each »» Public Issue Price: Rs. 725/- to Rs. 825/- Per Equity Share »» Maximum Subscription Amount for Retail Investor: Rs 100,000/- »» Listing : BSE, NSE »» Lead Manager: Citigroup Global Markets India Private Limited »» Registrar : Intime Spectrum Registry Ltd (Ph: 022 25960320 Email: mofsl.ipo@intimespectrum.com)