Don't loose ur heart. It a business. In IPO market either you lose or gain. What i think one should subscribe REC IPO. Divide your money in two part. Half should be used for applying IPO. Other half should be kept reserve. If the listing price is below the issue price than average it. Keep this stategy certainly one will be in win-win situation. Centement of IPO market is very subdue & weak. Chances of getting shares is very strong. Wait and look for QIB subscription & then apply.
This is an avoidable issue. It is expensively priced and also does not have a long and good history. You have better players like PFC, Power Grid in the market. Apply at your own risk
GREY MARKET PREMIUMS ARE NOTHING BUT ARTIFICIAL TRADES. THEY ARE USELESS. DO NOT GO BY THOSE RATES.
APPLY ON FUNDAMENTALS. ALSO DO NOT GO BY NO. OF TIMES OVERSUB. RPOWER ISSUE OVERSUB BY 100 TIMES, BUT ON THE DAY OF LISTING 5 CR SHARES SELLING COULD NOT BE ABSORBED.
Guys please stop talking about Grey Market Premium, it is nothing but a huge load of rubbish. They are rarely on target and are completely unreliable. Look at the fundamentals of the company and only then invest. Dont get fooled by these cheats running grey market and most probably there would be a very strong clamp down on these people in the near future as there are incidences of price manipulation being done on the listing day. Besides the GMP for Rel Power till listing day was 120-150 and I know tonnes of people who were ready to sell @ 600, the GMP, but who were the buyers.....NONE. So is the GMP the price at which people want to sell or buy?
Any idea as to how much it will subcribe in HNI category and in retail category.( i mean about the overall oversubscribtion figures considering the present volatility in markets)
WELL DONE CHITTORGARH.COM...... I tried typing some bad language on this website abusing IPO KA BOSS ****** but chittorgarh.com team removed the comment in a moment.. thats great
do not apply may get full allotment let the markets stabilise chances r that prevailing bad sentiments may pull off investors u will get better ipos after this why take a risk can buy power grid blindly at present rates will get atleast 40 % returns in one month
This is a very good IPO. For one, it is already fully subscribed. More importatnly, the company is doing very well in the last 5-6 years (read Red Herring) and it has been established in 1969. Fundamentals are strong. Excellent long-term gains. Those looking for listing gains can also subscribe at cut-off. Great IPO to apply. Go for it.
One should apply this IPO only on the last day after seeing the total subscription. My suggestion : 1) If it sub 15 times in retail then apply full 2) If it sub 10 times in retail then apply half 3) If it sub 5 times or less in retail then apply 1/4
These 3 steps would make sure you are not in huge loss if it fails to give good returns to the investors...
narain tiwari 182: iN SOME SENSE YOU ARE CORRECT. aMBANI BROTHERS CAN PULL ONLY RELIANCE GROUP COMPANIES, WHEREAS SITUATION LIKE JANUARY 22 2008 CAN BE IMAGINED. EVEN TATA/BIRLA/AMBANI COULD NOT SUSTAIN AND MOREOVER, THEY CAN FLY OFF INVEST AND SETTLE IN OTHER COUNTRIES TOO. AGRRESSIVELY PRICED ipo'S LOCK THE RETAIL POOR INVESTORS IN A DITCH. THAT IS WHY TO MAKE UP MINDS OF INVESTORS ANIL BHAI HAS PROPOSED TEMPORARILY BONUS TO CERTAIN REL POW HOLDERS.