No surety for listing gains. Long term investors can apply. I am not applying because of high valuation & inconsistent bottom line + around 50% proceeds will go into the bank accounts of greedy promoters.
Can anyone guide which all banks allow 5 ASBA online? From what I know is that Union Bank and Bank of Baroda allows 5 application by net banking, while IDBI, ICICI only allows single application which is in the name of account holder.
Now i am applying. Little bit risky but may give some listing gain or also good in long term as consumption story will remain in India and demand will also increase.