Dear Natarajan, I do not see any opportunity in Tainted companies.U flex CMD has been sentenced to 4 year Jail in Noida land scam,that means he did extremely wrong thing.Uflex deserves to be punished a lot .I will not touch it with a barge pole. Do you see any similarity between LIC Hsg,PNB etc with UfLEX??The first 2 are govt owned companies & it does not matter even if CMD does a scam.They are small fish in a big pond.The latter (UFlex )is built on the arrested man shoulders. I buy only quality companies in secondary market which are beaten down due to rumors.Hanung toys is one such company.
I am agreed that this IPO will be subscribed heavily. Price Band will be attractive. But listing gains will be limited Dont even expect bumper listing gains as this stock will perform slowly like other PSB's.
I understand the Issue closes on 15th Dec 10 for QIBs and on 16th Dec 10 for others. In all such cases where separate dates are prescribed, the Administrator is requested to make a specific mention