AllCargo is the competitor to Navkar & a much much bigger & integrated CFS operator in Logistics space. There are more compelling valuations available in logistics space in secondary market today post the turmoil. A lot to Blame to the Merchant Banker''s who just for the sake of higher fees & commission play with sentiments of Retail investors time & again.
The issue price they fixed Rs 147 to Rs 155 was when sensex was trading at 28000. Now sensex is 25000, obviously it was not revised and still people expecting 30 Rs premium, Don''t know what to say.
I did not apply after all the tension i had in power tech, which was having premium of 60-65 Rs on listing day also, to see the price of Rs 600 at 10 AM, While overwhelming response from HNI as well as FII.
In navkar, HNI has backed off before itself, hardly 1 time.
BHAI MANOJ SIR, U R VERY LUCKY. BHAGVAN KI SAB KRIPA AAP AKELE PAR HI BARAS GAYI. MAIN TO. FAS GAYA HU. 138-40 ME BHI KOI BUYER NAHI HEY. ADVISERS NE BHI .LISTING KE DIN HI LOSS BOOK KARNE KO KAHA HEY.
applied two and received two.... i am happy.... i will stay for long term.... atleast 5 years for good returns..... they have good container inventory and going for new frieght stations and container yards with this ipo money..... so let them do business for us.... win win situation if we don''t sell in panic of minor correction of market..... best of luck for all long term investors...... play safe
thnks. god. I does not received any allotmnt. but is there really discount or these are fake msgs. from agents of operators who want to loot shares from retailers at discount price?