Till 3.15 / QIB ne 70 Cr. Aur Apne Retail walo ne 70 Lac shares apply kare hai ... Ye aap sab Nirash / Hatash IPO Bandhuo ko malum hove .. Ye Ipo Retail allottes ko 5-6 pre cent ka return dega / Yani aap sab ek bar fir Rooge ki Thaga gaye
It is good IPO and is reasonally priced. Moreover the government will fix the IPO somewhere between 950 and 1000 as the response is not great and as goverment has to come with so many IPOs in future for disinvestment. Also the financials of the company are very good. Accept that there will be some subsidy burden but investing in the market we will have to take some risk. Also the Nify will be in the range of 4700 and 5200 in sep series and it will probably list around 28th sep and ONGC will move with the market and will reach 1300 so giving 10% dis OIL INDIA should list at min 1170 and will trade above that as many people have not applied in the IPO and there will be only few sellers. Happy investing.