Mrs. Bectors Food Specialities Limited IPO Message Board (Page 25)

@Eagleye sir
I'm new in market and start with IPO.
What's meaning of GMP AndKostak???
And new investments will apply Mrs. Brctors Food IPO???
I hope you will be answer

Thanks

@Archit Patel,

GMP Means Grey Market Premium(GMP). It means the Price above Issue Price. In this case GMP is 215 so the share Price becomes to issue price 288+grey Market Premium 215= 503

This is Ilegal Market where people's buy and sale based on grey Market Premium. Suppose you bought 100 shares at GMP 205 and GMP increased to 215 then difference of Rs. 10*100shares=1000 is your net profit which is SETTLED IN CASH THATSWHY IT IS ILLEGAL IN INDIA.

If is Offline Mode to Predict the Listing Price.

Should you apply or avoid?
The Fundamentals, Valuations and GMP of Company is Very Attractive according to me.
Choice is your apply or not!

Kostak Means the Minimum amount you get per application irrespctive of wether you gets allotment or not. Suppose you have applied from 4 different Pan Cards then your total applications are 4 so you will get Total 4*Kostak (in this case is 585) = Rs. 2340 irrespective of wether you gets allotment or not.
Now Suppose you gets allotment in 2 applications out of 4 applications then AND STOCK LIST AT 503 THEN YOU HAVE PAY THE DIFFERENCE TO BROKER WHOM YOU SOLD YOUR 4 APPLICATIONS
DIFFERENCE AMOUNT IS LISTING PRICE (ASSUMING 503) LESS ISSUE PRICE (288) *50 SHARES= 10750 PROFIT PER APP

YOU GOT ALLOTMENT IN 2 APPS SO TOTAL PROFIT IS 10750*2 APPS= 21500

THIS 21500 IS NOT YOUR PROFIT, THIS IS BROKERS PROFIT BECUASE YOU SOLD YOUR 4 APPS TO HIM AND YOU HAVE TO PAY DIFFERENCE OF 21500(ALLOTED APPS TOTAL PROFIT - 2340 KOSTAK RATE OF 4 APPS=
19160 YOU HAVE TO PAY TO BROKER IN CASH.

NOW SUPPOSE YOU DIDN'T GET ALLOTMENT IN ANY APP THEN BROKER WILL GIVE YOU 2340 WHICH IS YOUR CONFIRMED PROFIT WETHER YOU GETS ALLOTMENT OR NOT.

No

Credit card funding is blocked by sebi and rbi. You cannot invest in indian capital market by using credit card money

any advise so far ??

You are INVEST GURU.

This unwanted advice is for Bector only or for all ipos

Each ipo is unique

@quality comment -- would you like to advise us further ? Or just Sarcasm , we expect and waiting for quality comment from you.

@Manup - For Bector only