i have been alloted 54 out of 60 applied. In present market sentiments are against IPO's. So we will lucky to get our investment back. What is the listing date
The market is going down ....Reliance IPO listed below 450...Looks like the chances are low for Onmobile to be listed at Rs.500 or above..only my personal opinion ...I am a new to investing...
chittorgarh.com website gives as if those who have applied for 225 shares got atleast a minimum of 15 shares.... it is not true... so many people who have applied for 225 shares have not got their share.... why this discrimination and confusion.. they should ahve alloted equally to all... reliance power ipo.. make us mad
This company has a wonderful customer base. Its mainly driven by domestic market hence will not be affected by US economic crisis. Its one of the very few companies and also the biggest in this sector, hence growth potential is great. Also, having Infy as its god-mother, this company is will be driven by values. So this company has a great future. Hold on to that stocks. It'll surely sky rocket.
Just after hosting this message i went to the site of this co. Its B.O.Directors team, Partners, Investors & Client's list looks very very immpressive.
Looks like an infosys in telecom. & digital media field in macking.
My advice go to the site & then only decide the price to sell for all the allotes.
listing on 15.02.08. Hold your breath for bumper listing as by that time the pains of reliance power would have subsided and the market would be in positive breadth
Just compare OnMobile Issue with Rel Power. Those who have applied for full shares in retail, Rel power has alloted only 16 to 17 shares @430/- where as OnMobile has alloted 188 shares @440/-. There are no profit & loss figures for rel power where as OnMobile figures are very much attractive. Rel Power may list at 550/-where as OnMobile will list above Rs. 750/- Relpower profit on 1 lakh application will be only 2000/- where as OnMobile profit on 1 lakh application will be 56000/-.
Now tell me who are the smart investors? Relpower applicants or OnMobile Applicants?