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April 13, 2018 5:17:03 PM
Top Contributor (300+ Posts, 100+ Likes)
Believe it or not but company belongs to Gujarat mostly performs well.. Look at SS Infra and Vera Synthetic... You will see the difference. PIGL also belongs to ahmedabad.
By 14.15 p.m. already the retail investors have applied for 24.72 lac shares, which is more then the total number of shares offered in all categories. Thus, this issue has attracted reasonable interest from retail investors. Eventually it may oversubscribe 7-10 times at least.
This issue seems much better then many recent issues. As Nifty is trying to consolidate above 10,440, it is possible that by the time this share lists next week, one can get `listing gains' also. Otherwise this is a script to keep for some more time for substantial gains.