Now seems to be retail is rushing for every IPO. I am Waiting for Rpower to repeat.
Not even looking for fundamentally strong,valuation, at what price they are offering shares. It will open in discount if NII not bid on 3rd day, wait till 1 pm picture will be clear.
Buy as many as you can at gmp 40 to 60 . This is a golden chance to make money . As this is completely trapped game playing by operators by showing gmp at this lowest level. Bcoz listing vil be 960+++ is very much sure. Once again think and go for it.
HINDCOPPER : President of India, acting through and represented by the Ministry of Mines ,Government of India has submitted to the Exchange, an announcement with respect to offer for sale through Stock Exchange Mechanism for sale upto 3,70,08,720 equity shares of the Company (Hindustan Copper Limited) by President of India, acting through and represented by the Ministry of Mines, Government of India.
Date and time of the opening of the offer for Non-Retail Investors: August 02, 2017 at 9:15 a.m Date and time of the closing of the offer for Non-Retail Investors: August 02, 2017 at 3:30 p.m.;
Date and time of the opening of the offer for Retail Investors: August 03, 2017at 9:15 a.m ; Date and time of the closing of the offer for Retail Investors: August 03, 2017 at 3:30 p.m ;
Floor Price for the offer shall be INR 64.75(Rupees Sixty Four Point Seventy Five) per equity share.
The retail investors will be allocated offer shares at a discount of 5 % to the cut-off price. More details of the said offer are available on the following links:- http://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20170801-18
Eagaleeye, yourview apply or avoid in SIS must for middle class income group like us madam we all apologize if any misbehave from entire forum , god will bless those who help to common people like u
In my view this is the first IPO which QIB category subscribed on second day fully.... Subscription detail QIB :- 1.12 Nii :- .09 Rii :- 7.14 But there is one fear if Nii category not over subscribe then we not able to gain on listings so see tomorrow what should be done. I applied for this IPO...🚶🚶ðŸ™
A lot of people are asking whether they need to apply for this IPO or not. They need to know that only 962061 shares are reserved for retail investors. With the current upbeat market sentiment and the huge listing gains, this IPO will also see huge over subscription like Salasar, CDSL, Dmart etc. There is no point in trying to analyse the company when the allotment itself is a huge lottery. Apply, most likely will have zero allotment and the lucky few can sell on listing for gains. Why rack your brains and keep asking the experts for advice. This is in no way disrespecting the seniors, but only to keep reminding all that this is a pure LOTTERY