Through some market representatives, they could gather that GM in RBL Bank IPO varies from Rs. 52 to 55 at difference centres and kostak price is Rs. 750 to 800. At some centres, GM of Rs. 45 was also noticed.but important aspect is that at most of the centres, buyers are much much more as compared to sellers. So chances of GM going up is more.
Today we must also thank *Brigd.Suryadev Singh* who removed fuse conductor right on time from *Genda swami''s* missiles. Otherwise *Genda swami* might have destroyed india on 15 Aug 1993.
This is a joke on our past real soldiers. Use some sense and than post. U have no right to joke on our real soldiers. So u hve no right to stay in India.
If i apply for shares worth 2.5 Lakhs Rs ..and in case of oversubscription what is the minimum Quantity i will get ?if alloted .. Will it be 65 shares or minimum shares worth 2 lakhs ??? Plz reply
Be cautious when offer for sale of RBL of value about Rs.400. Why selling? Price has matured? NO UPSIDE LEFT? GMP above Rs.25 does not deserve. May go down on listing.
Be FIRST in safe game before other start safe game. Sell RBL in advance or sell application. Take expert advise. Dont try to earn entire profit on listing. Be safe for future ipo.
Happy independence day. Let''s remember the martyrs who died fighting for it and those who are sacrificing their lives to keep this nation and its independence safe. Salute to all the soldiers of this nation who give their today for this nations tomorrow.
The issue is overpriced. But there are a number of positive factors going for the company.1. It is a private bank IPO after a very long time, and has generated investor interest. 2.Eventhough it is a full licenced bank, the focus area for the bank is micro finance .This has ensured better returns and low NPL.3.The YOY gross and net earnings are good.4 The company is professionally managed with investments from CDC, IFC etc .5.Currently the grey market premium is 25% of issue price. Taking the market fancy in to account it is a good bet for listing gain. Whether it is a portfolio stock? The micro finance space is having multiple players today, but it is to be acknoledged that there is still vast scope to grow.This is potentially a portfolio stock for medium to long term.