this will subscribe 20- 25 times..dont block your amount in such an IPO.Instead invest in DLF,you can expect the same returns before the listing of OMAXE.
i dont think its so much i would rather go for hdil if i get s said by friends hdil at 25 rs premium i would go for hdil or would go for dlf i dont find an upside here lets see decision is urs market s too over bopught ands listing gonna be 20 days from here who know wtas the markets are good luck decison i ur will love to see some replies
OMAXE Limited Review (NICHE BROKERAGE) We would recommend Investors to “Subscribe” to Omaxe issue which is one of the leading property developers along with established execution capabilities and brand image. Omaxe is available at the price band of Rs 265-310, which is at P/E Multiple of 17-20x based on its FY07 EPS of Rs 14.9. Though, on the face of it Omaxe’s issue pricing seems aggressive, but at the same time it does not capture the potential upside from the conceptualize commercial real estate business model & concept living like of the “Nile” and the “Forest” projects.
Latest Grey market premium at 6pm for omaxe is 120-130 rs,Real estate company are in up trend,see DLF,Unitech,Sobha. Do not miss this ipo, tomorrow is the last day. Definitely it Retail will go up to 70 times.
All issues are getting very heavy response on last day , this will also heavily subscribed, hence keep your money saved for central bank ipo, atleast you have some chance of allotement.do not invest in small issues
This IPO is surely for longterm..... Moreover the chances of getting the allotment is very, very thin. As tomorrow is the last day i feel the retail part to get subscribed at least 3 Times!!! So no point in blocking the money for 3 weeks.