i have avoided all ipo except muthoot and only consider pfc @ any price band.....
i generally go hard or not go at all........
capital protection have been my priority from begining.......
i dont apply ipo based on gmp and changes my mind as per change in gmp rate......
i cant apply in an ipo where my capital's fate will be decided by manupulators.......
i beleive that except muthoot all the recent ipo are not worth applying based on fundamentals, they cant stand on their feet on the basis of their fundamental only operators can keep them standing......