@@386 CHD : Thank you for your projection of 60-70 shares definitely to be allotted to me for my application for 640 shares. C we expect the premium of Rs. 20-30 at the time of listing. If we compare the stock with its rival Manappuram General Finance which is currently trading at Rs. 130 range, what will be the fair price of this scrip at the time of listing?
I have applied for 16 lots i.e. 640 shares. What are the chances for me to get shares allotted, if yes approx. how many? What will be the future prospects of these shares at the time of listing?
If it crosses 35 then it will give a very good return like Coal India One should keep the application. around 135-136 are expected in an application of 2 lacs which makes around 4500 bucks so enjoy!!