Dear Sreedhar, When the NII quota of Ravi distilleries increased to more than 7 times on the last day I thought something is cooking. Let us wait and watch. Until and unless SEBI becomes retail investor friendly, one can not make money with good quality issues but in this kind of fluke ones.
Dear Friends, Those who have been alloted shares in Ravi distilleries will enjoy a bonanza listing next only to Coal India.I am expecting 15-20 K per 2 lakh application
HERD MENTALITY OF RETAIL INVESTORS.... Now a days even sub standard IPOs got heavily over subscribed..But last year this time a few best IPOs got just subscribed..(Believe it or not..COX&KINGS -1 time,jubliant food works-3.7 times ,REC-0.23 times ) What a pity!!!!!