Grow up, guys. Stop such a childish behavior. After all we are here to make huge money. Respect others opinions. Equity needs matured ppll and not childish ones.
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September 24, 2010 5:04:02 PM
Top Contributor (600+ Posts, 100+ Likes)
@ Ravi,
Expected figures in retail is uncertain and unexpected. Either way people go with herd mentality. Check out Tirupati Inks, at 11 AM it was at .7 at it closed at 12x whereas I can bet 11.99x% don't even know what Tirupati Inks produce. A good company ramky went on mere .99x may be people ran out of cash.
Anyways, with issue size and current qib figures it can touch 8-10 times in retail easily. And adding to confusion is that it'll close on monday and people have 3 extra day to arrange money or get T+2 refunds or even indosolar/tirupati refunds.
KK VA tech will subscribe 7 to 8 times in retail, nothing more, its a big Issue, the less Retail gets subscribed the better for us, QIBs have confirmed the Issue is great