ON THE BASIS OF AVAILABLE INFORMATION IN PROSPECTUS IT APPEARS THAT THAT COMPANY HAS GOOD TRACK RECORD OF STEADILY INCREASING TURNOVER/PAT, DIVERSIFIED CUSTOMER BASE NATIONALLY AND INTERNATIONALLY. THOUGH ISSUE IS FULLY PRICED AT ITS EARNING LEVEL, .INVESTOR MAY STILL TAKE INVESTMENT DECISION BASED ON INDIVIDUAL RISK TAKING ABILITY
Retail guys will bit with more price, So no need to apply for this,
If the issue is big, you can go for it. (ex: Coal India was big, applied @ cut-off, allotted and sold on 3rd day to make 10K profit in 3 days) . If the issue is small, its better to avoid.
8.5. dpcdsl| Link| Bookmark|
January 10, 2018 12:42:09 AM
Top Contributor (400+ Posts, 200+ Likes)
For retail discount bid value must be below Rs.2,00,000/- in one PAN across both exchanges..
7. R R Patel| Link| Bookmark|
January 9, 2018 10:44:53 PM
IPO Mentor (800+ Posts, 3400+ Likes)
Its a fresh issue of Rs.95 crores and offer for sale of 1,34,53,932 shares at a price band of Rs.240-245. Category wise bteakup: QIB 50% HNI 15% Retail 35% So approx 99,443 lots of 61 shares each are available for allotment in retail category. So if any one want to apply than apply only single lot.