@Gingal You are right
But Ask yourself one question
At a PE of around 62 , Is there any reasonable scope left for Poor investors like me
Many good funds are comprised in the anchor book . But still the highest reputed names are missing
If Forward Earnings are considered then still the PE comes at 34 which is still not reasonable
Because in next 9 months if the stock moves atleast for a 30% PE goes at 42 which is expensive for me
I will Buy Polycab and Finolex above RR KABEL
IPO is ok but long term I am not comfortable on it