All retailers who have applied in this ipo will get their inveatment gone down 20 pc. Disappointed that flurry of ipo are coming and now noone will earn from both ipo and secondary market. Is sebi and lead manager listening?
Guys see what these ipo have done. They have taken out liquidity markets all over world have stabilised europe and dow jones opened higher still market has gone down. Indian markets have performed worst dueto these expensive Ipo india shd take some lessons from pakistan regulatory on how to price ipo and safeguard investors and price stock well indian and pakistan were at same level 1 YEAR BACK NOW INDIAN MARKET IS AT 23400 and pakistan at 32400 which itself shows indian stock lead manager are greedy
Applied in 6 demats due to 1. oversubcription figures, 2. PE not comparable with any listed stock in india 3. Recent history of these types of issues. (Rest all parameters were average).