Reliance Nippon Life Asset Management Ltd IPO Message Board (Page 9)

GMP 130-150

Kha se Ho bhai

Too good .....seems like over-optimistic ....!

A''bad

Sell on listing day or hold

GMP has increased to 180-190. Listing expected at 430-440 levels

Can a mutual fund company buy its own shares ??

If yes, then this stock has very good potential

Listing range 315-19 (+-5)

Listing price kya hoga reliance Nippon ka

Buy on listing day at 380 and sell on 450/-

Every body tells gmp around 50/52 and you are saying much more than that.
How you got these news?

RNAM GMP:

50-52

STILL GMP IS RUNNING AROUND 50.
So May Be It Will List Around 290-300.
UPSIDE CHANCES ARE LOW.

130-150

LOWER SIDE LISTING AROUND 298 AND UPPER SIDE AROUND 338. I THINK BETTER TO BOOK MNM 75% PROFIT ON LISTING DAY.

Looking at subscription of NII (200 times), the listing can be expected between 380-400, however it can rise upto 450 level on listing day.
Long term investors should hold for targets of 500 in a month time.

I also have the same feeling that it may touch 400 mark on listing day itself.

Arjun sir please review about Reliance Nippon listing price and next target with time. Regards.

Firstly we need to understand that ADAG IS NOT the sole PROMOTER in reliance nippon. Secondly the mutual fund industry is expected to grow at a very fast pace outperforming most other industries as more and more indians are expected to move towards MF industry from Real estate and gold investments. Thirdly india is one of the fastest growing economies in the world so we can easily expect 20% CAGR kind of growth for next 10 years from the MF industry. Marquee investors like jhunjhunwala, akash bhansali and Nimesh shah have put in truck loads of money in the company via IPO. And these are the kind of investors who invest from atleast 10 year perspective. So guys dont be in a hurry to sell you portion of allotment on listing day. If u get a price of 400Rs or close by you can sell half of your shares. Keep the remaining portion for targets of close to 600-700Rs in 4-6 months time. So guys your money is in safe hands so dont be in hurry to sell off..and keep invested in this story.

BAD NEWS FOR THIS. DO REMEMBER THIS COMPANY ALSO HAS DEBT FOR RCOM AND WILL SUFFER HUGE LOSSES AS A RESULT
SELL AND GET OUT OF THIS STOCK IMMEDIATELY


http://www.moneycontrol.com/news/business/rcom-to-shut-voice-calls-from-dec-1-subscribers-can-port-till-dec-31-2429123.html

The sector in which it operates has high growth potential and looking to Qib portion subscription of 100x, huge demand will be there on listing day so guys don''t believe in these grey market premium. It will list above 325 for sure...

Accumulate Reliance Nippon in small quantities so that your price can average out. Some other good stocks available in secondary market are Dewan Housing finance, Yes Bank, Muthoot, Manappuram etc

Good stock to buy if you get below 400/- on listing day or ever below 450 levels. It is another CDSL or Apex Foods, within a week if listing it can become double

????????

I m totally surprised today.

Got 6 out of 10 today.

However, all were sold at 500 rs per application in grey market????????????????

1) Tax is to be paid only for the people who fall into the tax bracket.

2) If I wouldn''t have sold at Kostak, I would have got around 3000 going by the current GMP while selling at Kostak has given my 4250, assuming that I would have got 1 allotment for every 5 application I made.

Also not every Grey Market Punter has connection till top so the next time around, sell to another punter and see if you get abnormal allotment. When I sold to the local punter I got abnormal allotment but when I sold to a punter in Ahmedabad, I didn''t get any allotment at all. Try your luck.

I want to sell 1 application @500. Pls guide

Every one is telling buy at Listing day but remember what happened for last 5 IPO.
still they are not able to reach Listing price still.

Be aware while buying -----i got 2 lot.

Excluding Mas financial services

Profit on Selling ipo shares on listing day will be considered as short term capital gains or intraday trading ?

short term capital gains