Simran Wahi, I got 302 shares in one full application and then started accumulating during each fall and ended up having 800 shares. My total loss mounts to Rs.50,000!
Dear Sreedhar, I have made 3 full applications in SJVNL and hope to cover at least a part of the losses incurred in Shree Ganesh. Only now I feel I could have followed your advice! But the damage has been done already. I am hoping for a turnaround in Shree Ganesh which is not in sight at all. The market condition is not helping either. I don't know where it will all end!
Mr Sanjay, I have never praised myself.This is in response to my friends like PRINCE & all others who have enquired what to do now,Nobody had predicted it will have such low subscription ,we did not expect this will happen etc.I had also put a long message explaining the reasons why one can subscribe to SJVNL.If you do not like reading skip it ,there is plenty of memory in Chittorgarh's storage & people who are interested will read it.
@Harish, I still remember on the day of listing... tuslian said... ITNL should qoute more than 300/- and from that moment on, i was convienced that ITNL will not stay above 300 and thats been proved right.. its not even reached 300. now Tulsian kept the limit at 30 for this stock... what do i say.. now its easy to relate as to what is to be expected... :(
lets talk fact.. for all those who are cynical.... take a look at all the issues that have a rating of 4... some of which are OIL,Manhandra holidays,IL&FS,persistant,DB corp,JSW energy,Cox and Kings and many more... plz take a look at their issue price.. and their current price... hope this shuts u all up.. if this is not proof enought.. i dont think u ve any logical decision making ability.
A strong Fundamental IPO(lets also remember, nhpc was a 3,NMDC was a FPO, which were bad which were compensated by REC) always gets a premium... If u have missed out.. well we all are sorry... but dont scare the ones who did the reseach... they might think that many of the cynics who come here are experts but little do they realise its their greed or despiration thats making them speak bad when they could not value a company for what its worth...
s.. all said.. i too am scared.. tulsian has spoken good for the issue.. which is the worst that could happen.. even worse than a market crash.. But i do hope for the sake of investment community.. theis proven correct for once.. atlesat once...
no.431. Atul hisar. in the 3750 shares RETAIL allotment i expect "CUT OFF" PRICE it is 32,56,97,750 / 12,34,95000= 2.63733552 time. 3750/2.63733552=1421 shares allot honge.