NEVER BUY THIS IPO AS IT IS NOTFAIRLY VALUED THE FAIR VAUE IS 950,THIS SMALLER COMPANY THAN ONGC ,FOR LONG TERM THIS IS GOOD SO THOSE WHO WANT TO BLOCK THEIR MONEY LIKE ADANI AND NHPS CAN APPLY ATHER WISE ON LISTING SIDE NOTHING IS LEFT
Hi, I m planning to bid at price of 1000. My question is : Is it ok to go ahead and apply for 16 lots i.e. 16*6*1000 = 96000 which is within the retail limit of 1,00,000
where as at cutoff price max lots one can apply is only 15. Please apprise.
if sensex 30000 than oil india ipo is fairly prised,qibs over subscription 7 times is artificial as NHPC and thay can withdraw ther bids at any time,its my opinion that it will list betwin 800 to 900.
who says ... apply this IPO. Forget money blocked in NHPC and Adani. the result of this IPO will be same as NHPC and Adani due to overpriced. Experts adivce on NHPC by Reliance Money - Subscribe,SPA Securities - Subscribe,SMC Global - Subscribe,Bonanza - Subscribe,India Infoline - Subscribe, Angel Broking - Subscribe,Sharekhan - Subscribe with a long term view,Networth Stock Broking - Subscribe,Emkay Global - Subscribe,RS Iyer (KR Choksey Sec) - Apply,SP Tulsian - Apply. Experts adivce on Adani by SP Tulsian - Subscribe,KRChoksey - Subscribe,Nirmal Bang - Subscribe,Prabhudas Lilladher - Apply,Reliance Money - Subscribe,Angel Broking - Neutral. Think 13 times before apply for O I L nahi to bologe Oh Isne Leli tel laga kar meri jaan.
Ratan or people like ratan who wants to do different than other go for this, but remember its not a child game. It's a matter of your hard earned money. You alone can't change negative sentiments in all over priced IPO.
I have short 60,000 NHPC shares at Rs 41 utilising 12 time exposure and covered at 37 and make 2 lakh 40 thousnad profit in only 15 min. of IPO listing.
sell your last underware and buy oil india. once listing hoga bolege hamneto kaha tha ye to long.... term .....investment...... hai..... primium . to first year nahi hota. agar bachena hai to discount me lenge. haaaaaaaaaaaaa..
Please do not get carried away by QIB subscription of 7 times. All cartel going on. QIBs can withdraw at anytime before the end of IPO hours of 10th September 2009. I wish this IPO fail and teach this greedy government a big lesson.
Considering the relatively poor response to oil India, it will be better if the price is fixed at the lower end, i.e., at 950. Then the retail investors may get something to cheer.
If you are not satisfied with the price offered by Oil India then don't apply but atleast don't demotivate other people who are willing to apply for this IPO. Keep your suggestions and ideas with yourself only. Current investors are not fool who are applying for this IPO. Any investor who is willing to apply for this IPO will not go with your ideas and suggestions...