Rajesh, thanks for your comment. I am not talking for me. But, i am asking all the investors that we should do our efforts to do the justice. Is this logical true that any company can set the price at any rate. If, FII is there in REC, price is increasing and If there is no FII in NHPC, NTPC, price is decreasing Simliar way to all the above issues where shamefull decrease of the price on the listing day i.e. Euro Multivision, Emmbi Polyarns, Hathway Cable etc. As we know no one will listen to us as all (SEBI, Merchant Bankers, Registrars) all are brothers of Govt. but we shoul do our efforts. One day the result will come.
wow 5. Sachin u r 100% right that this time gov.is more in good mood in looting mode. 2day in indian share market there will not be more then 10% of peopel investing in it. This was good time to bring more peopel in share market by giveing gov. issue at good discount. but they r trying to just looting the remaning 10% also. But i dont think theres is any to care for people like u me or any small invester.
No way the price band will be 410-440.It will be far less than 410.Forget the price of 410,the NMDC will be like an IPO with reasonable valuations & at 410 the asking price is astronomical.
Srini, Don't worry.Whatever you have purchased are high beta stocks.The good thing is that you have bought them at reasonable rates.Hold till one year & you will get 50-100 percent returns in Suzlon,DLF,Unitech & almost all stocks you hold .So if you are not in any need of this money,please hold them.Regarding ARSS please sell around 700 .You will get 250*15=3250 profit.If it lists around 600 buy some shares & sell with 10 percent profit.