Better Avoid this IPO. There are many more IPO that will come. Overall Global Markets will remain delicate. Any Bad news amid the IPO can make markets crashing down, thus spoiling the IPO market. Currently Nifty is trading at PE multiple of 29X and Sensex also more or less 28X on TTM basis. So please be very cautious. Happy investing!!!
surprised by 10% GMP...when GMP quotes morethan 10% then it is not artificial for this small issue...............will apply if the subscription is good