Excellent subscription from the employees Never seen such a demand from employees Employee Quota more than 1 times, which shows that IPO is good enough to subscribe
TECNOFAB There are a few occassions in last 25 years when I apply any IPO on the very first day itself. Let me share with all of you,my friends,TECNOFAB is one of them.
will it sail through or not. it is better to fail so that in near future the managements will start leaving some profit in the hands of primary investors like Persistant, ARSS, Thinksoft, Mind tree etc. etc.
It may trade around Rs.270 post-listing in case it manages to float above the issue price band of Rs.240-230.
I don't represent that the data I collected is accurate and hence, don't rely solely on my view. Use it only as a source of data that complements your research, rather than completes it.
Investors are requested to take an informed decision on the IPO after independent verification & analysis.
Hi Sreedhar, Many thanks to you for such a wonderful analysis on this IPO Just wanted to correct u a little bit. GMP of technofab is 25 Rs in jaipur and Ahemdabaad Don't know why all the GMP sites are still displaying 12-13 Rs
SahranpuriJi,Time has come for you to post your own analysis instead of copy & pasting from other sources.I think there is no better IPO expert than you .You have got more than 95 percent success rate,except Intrasoft all of your IPOs have been superhit.Hence there is no need for you to post opinion from other sources.Please try to give your own analysis,its our request. I have given my Analysis before issue price was even declared & also estimated the subscription & there is nothing new in brokerage reports compared to mine.Just check the first post in Technofab discussion board.