This is good opportunity for investors who can play with money and have been disappointed with Karvy. I am sure in this case if you apply you will surely get one lot. Whenever there are bound to be losses you will always by lucky.
GMP is around 60-72 ... So If it touches anywhere close to 310-315 or above on listing day then its a profitable bet.... Aaj ki date may kaunsi investment aisi haijo ek haftey me 25 taka dedey.
I don''t know about others.But what I learnt from reliance ADAG is ''reliance'' is highly ''unreliable''. I hold 25 shares of Rpower at IPO price. in all these years i didn''t hear about any bonus shares, dividends etc. bonus shares were once given when stock price kept falling but even bonus share at that time could not salvage reliance power it is powerless now. after that debacle investors were forgotton completely.
Ab Sirji ... Aisi soch me to kabhi bhi Koi IPO nahi apply karwaogay ki Bull to bear ek week me change hogaya .... War to Hogi nahi ... Global markets roz new high banarahey hai ... Is quarter ke results mostly acchay aarahey hai. I ll apply & if allotted I ll sell for listing gain
I am not sure why people are comparing RNAM with RPower, RCom. Rpower exists only in papers at the time of IPO launch. There were no earning, production, & profit, only projected figures at the time of RPower IPO launch. People were greedy to take a short term profit by riding on IPO waves that time.
Rcom is struggling due to telcos war & 2G spectrum fee. Moreover Anil is not paying any attention towards it to clear its mess.
RNAM is working in sector were margins are fixed. Operating cost does not fluctuate so much. Only problem is of regulatory pressure where investor friendly rules may be imposed.
Disclaimer: I do not like ADA Group companies and Anil Ambani.
So what makes you think that if we apply in this ipo won''t make us greedy. Define the term greedy. We invest in ipo to earn money and not for charity. Reliance power issue price 450 and now 45. Rcom at 17 . All in huge debt. He knows it''s the best time to again fool the retailers. Don''t fall in to the trap.
@Arundp ji, Greediness is defined as there was no business model, no production, no profit & people like us were applying in herd mentality.
159.3. jajo| Link| Bookmark|
October 17, 2017 4:36:36 PM
Top Contributor (300+ Posts, 200+ Likes)
At the time of RPower IPO the company was existing only on paper with a rosy picture of great future. ADA cleverly fooled the investors by using the great name of Reliance Group and the investor friendly track record of Dhirubhai. Clearly ADA failed and investors lost their money as well as trust in the Group. I think investors will think twice before putting their money in RNLAML
I think we should apply for listing gains. 25-30% gains is a good return in just 1 week & we can''t compare reliance power with RnlamL. That time was the threshold of the bear market & now it''s full force bull market. Must Apply
Reliance Nippon will list below 200. All ADAG stocks are in bear grip. He still wants money from retailers even after duping 10000 cr. Live life kingsize.