Have read all these comments and some which only says avoid. I certainly feel that you cant compare Fortis healthcare and Religare IPO. These are two different companies and we need to study it case to case basis. I am looking to invest my thoda sa money to make some profit.
not applying Religare here r those who have applied for Fortis a loss making co. but we shouldn't carry same sterotype for all its sister concerns luk at the sound fundmentals, grey mkt price of Religare then make a decision.
Religare is a third largest broking firm in India. Within last 3-4 years religare has made a good presence in Indian market and we must not reach any decision after looking fortis ipo. A investor must analysis its past and current performance. I think return will be very much -2 high than expectations it should open at least at rs. 225. One should invest in this ipo.
Religare is a third largest broking firm in India. Within last 3-4 years religare has made a good presence in Indian market and we must not reach any decision after looking fortis ipo. A investor must analysis its past and current performance. I think return will be very much -2 high than expectations it should open at least at rs. 225. One should invest in this ipo.
I think a lot has been said about Religare IPO, somethings wanted and other not wanted as well. I would suggest that we use these public forums a bit responsibly. Also the issue size mentioned in the post is incorrect. Please find the correct details mentioned below. Please take a note of issue size
Open - 29 Oct Close - 01 Nov Issue Type -100% Book Building Issue Issue Size - 7,576102 Equity Shares Of Rs. 10 Each Issue Price - Rs 160/- to Rs 185/- Per Equity Share Maximum Subscription Amount for Retail Investor: Rs 100,000/- Listing - BSE, NSE Lead Manager- Enam Financial Consultants Private Limited & Citigroup Global Markets India Private Limited