somebody is recommending to subscribe this IPO http://www.moneycontrol.com/news/business/ipo-business/subscribe-to-salasar-techno-engineering-hem-securities-2323797.html
Why is this ipo having fixed price ?? Not like others where prices are like within a range is it safe to apply because I have heard that some some ipo are not safe
A. Retail individual investors B. (i) individual applicants other than retail individual investors (ii) other investors including corporate bodies or institutions, irrespective of the number of specified securities applied for
To make it simple, there are only 2 categories Investors up to Rs. 2.00 Lakhs Investors above Rs. 2.00 Lakhs