With due respect, we should look at the company to invest. Not LM
at present... har LM ke issue ek jaise chal rhe h .. but there are some company who are growing inspite of not having a big LM.
eg: Indostar Capital Finance : is 17.97% down to issue price of Rs. 572. CMP 469.20.... BRLM to the issue was big names including JM Financial Consultants Private Limited , Kotak Mahindra Capital Company Limited , Morgan Stanley India Company Pvt Ltd.
IPO of ICICI SECURITIES - Merchant Bankers included SBI Capital, IIFL, CLSA, Edelweiss .... the CMP is 39.37% down to its issue price.
we invest in Company and every thing is not in control of LM. Verna Sare issue me rocket la chuka hota.