All depends on lottery arun bhai. You may or may not get when subscription is high. Its simple when there is 100 lots available and there is a demand for 200 lots than only 100 people will get on basis of lottery, no matter if you apply for maximum shares upto 2 lacs in retail category or apply single lot of around rs 15000.
152. papon| Link| Bookmark|
April 10, 2019 1:38:37 AM
IPO Mentor (500+ Posts, 500+ Likes)
Rakesh jhunjhunwala applying rail vikas ipo. My god unbelievable. He applied for a psu ipo. Lagta hai modi sarkar ke railway planning per bohot bharosa hai. 19 crore invested. Arey rakesh bhaiya retail mein laga lete 0.50 paisa ka discount milta na. Kitna knowledge dena parega aapko
IPO is available at 1.04X of book value and Just PE of 6. also it has dividend Yield more than 4%.What kind of free lunch is expected by investors? Nothing is more lucrative pricing than this.
147.1. juju| Link| Bookmark|
April 3, 2019 5:10:24 PM
Top Contributor (300+ Posts, 300+ Likes)
See how value investors are investing? Even lucrative and psu stocks are oxymoron, Rajesh has invested 19cr in this Ipo under Hni category. Do not look only GMP.
144. papon| Link| Bookmark|
April 10, 2019 1:45:11 AM
IPO Mentor (500+ Posts, 500+ Likes)
I did a block deal of 2 lots @ 18.5. Price shoot up to 19/- than rakesh jhunjhunwala came and bought shares worth 19 crores looking after my block deal
plus mai khule toh nikal leenaa sab ku ki none of govt company has given positive returns in share market. in long run all psu still minus more than 20 30 percent from there highs.
Not true RITES Ltd listed at issue was at 185/-, now trading at 245/- in 6 months. 32% ahead. With a dividend of 5.5% already disbursed for these 6 months.
Though RJ has a large share of RVNL but its still an PSU ....thus considering history of PSU stocks....still doubtful of premium gain... Anyway lets hope for the best...
139. Ficpl| Link| Bookmark|
April 9, 2019 9:38:18 PM
Top Contributor (200+ Posts, 500+ Likes)