Ayush ipo - Nowadays its really tough to pick ipo stocks for long term. Not only MOIL, most of the ipo stocks have not performed well in long term except for stocks like Jubiliant. One of the reason for this is that these ipos are fully priced (many times overpriced) and the market hype enables these ipos to list in green and later remains stagnant for a long time.
Outsider - Probably the market expects a blockbuster listing and therefore Mannapuram is getting itself readjusted?
The Euphoria now is similar to the days of Coal India and the listing could be above the expectations provided Nifty does not drop drastically. Coal India was expected to trade around 280 levels on listing but got much above that. Diwali trade pushed Coal India to above 350 levels. Akshay Tritiya could as well push Muthoot to unexpected levels. Afterall price is a only a factor of demand - supply as one of the boarder said.
MOIL is trading at below issue price not considering the discount. I remember Mr M Gupta saying long term holders will be looted and kooted. Me too was holding it till some time back but sold, due to it continuously coming down.
For Individual taxpayers while declaring high-value transactions, R they supposed to declare IPO application worth of Rs. 2,00,000 and alloted only say 25K or 50K (less than 1,00,000) shares.
Why the refund of money is not taking place, shares allotted has been credited with depositories, but the refund amount has not been credited till now in contradiction to earlier IPOs.