mr mani ,praise my guts i told the listing will be at 285-290 the same happened,especially when our boarders like vishy who got struck in ksk energy (*message no 18)told it will list at discount ,see my comment no 19 i objected then on saturday when the dow lost 200 and nasdaq was down 44 oints i gave the prediction, to be dead accurate is not the joke even udayan ,rakesh jj wala faied ,who am i? at least pat on my back as i was the the first die hard bull in the counter,even nobby share whom vishy follows regularly was showing discount in grey mkt premium
I am the man who objected Prakash IPO most when he gave some flop advices and I am the man now who gave the credit to him as he gave right info throughout this ipo.
ok Let him take pride but dont forget that our boarders dont forget the past.
Mr. Prakashipo, your predictions are all fluke so don't go on a back slapping spree. You said this ipo can list around 300 and then go to 350 in 2 days. It has crossed 500 in 4 hours. So don't be so inflated with pride as what u said has gone wrong.
again bulls eye hit what i said came true now look boarders this is my service to you.some elements raised doubt abt my ability,this is my answer to them. now chek out austral coke listing,listing will be at 220 then fall to 200 level close at 196,just chek it out tomorrow
after a very long gap of failing ipo's there is silverlining found in this issue, however, i sincerly admit to have failed to notice this ipo though fundamental do not warrant such a good listing but one major thing investors have forgotton, that pre placement of this ipo have done at around 210/- or so to Moti Lal Oswal and co. so know the tract record of Moti lal oswal and their satta behavious they just want to encash the opportunity so investor go by your own judgement because this share may be in the hand of speculators only and it can go to 800 or 900 or even beyond wating for your reponses at present share is trading at around 470 or so and i have bought it from the market at 425 or so and i am not selling it right now
in termsof recent issues it has lowest floatingstock ,recentlu issued shares at 250. just see nutek india post issue capital 17 crore-44 lakh shares, vishal 14 crores -30 lakh shares, austral coke 29 crores -73 lakh shares and the best among them RESURGERE 28.5 CRORES-42 LAKH SHARES
ithink bumper listing is in offing out of total equity 65%pre issue offering plus 20% promoter contribution that is 85% post issue shares is locked for 3 years. To be very specific OUT OF 2.85 CRORE SHARES LOCKED IN SHARE IS 2.42 CRORE. ONLY 42 LAKH SHARES ARE AVALIABLE FOR TRADING.RETAIL PUBLIC IS HOLDING ONLY 5 LAKH SHARES