Dear Boarders. PLease know that " No loss is also a profit" Those who have applied for Muthoot be ready to reap a bumper crop. And good that you have not applied for other issues where the risks are very high. I too have applied for Muthoot 2 l and one l. Though filled up the forms for Inoventive but did not submit. In the past too, i filled up the forms for Shilpi and PFC financial and kept it with me. So I am lucky. Recently, I applied for Lovable and still holding to the lingerie.
Identification of companies having unique business model and staying invested in these for a long time create the ultimate wealth. Jubiliant jumped Rs.43/- on a single day and this is almost 1/3rd of the investment value.
After I missed out Jubiliant, I was keen to identify such stocks and Lovable was one of the stock I was bullish right from the beginning. But many investors like me sell on profits of 20-30% and are still to get mature enough to hold these for a long time.
I feel now the boarders with the expertise of the experts are now able to identify and predict the listing of the ipos. But we are to go a long way in picking such stocks for long term.
here lot of peoples behave as if they are experts in IPO/stock market. Actually they are punters..... saying this stock will be like coal india etc, someone will say I have made 15 applications, someone will say I have withdrawn the application etc....
You urself is the boss for your money.. so do not gamble with it.....
Muthoot is follow to coal india ipo. Coal India was listed on Blackforteen i.e Before Diwali and Application form was Black(COAL). Muthoot will list on Akashay Trutiyas i.e. 6th May and the Application form was Yellow(GOLD). So guys listing will also like Coal India. Enjoy