VRL grey market premium as on 24 Apr. is 88-90 VRL Allotment on 27 April Refund on 28 April Credit shares on 29 April Listing on 30 April UFO grey market premium as on 24 April is 150-160
Nileshji how to find details about about dates about allotment, credit etc. as i understood rate Rs. 150 mentioned by you is per share for UFO. if it is so please suggest what is appropriate size of application.
Guys! Even InoxWind had Axis Capital as lead manager. Yes, InoxWind was priced a bit on the higher side but good promoter, strong order book, Government push for the sector etc made it a good bet. UFO Movies on the other hand is technology company having a niche business & huge market share. However income tax raid on promoters, technological change can jeopardize the business of the company & priced exorbitantly means there''s more chance of loss.
Forgot to add... Also they have patent dispute with their competitor where they have infringed the patents held by Real Image. A technology company doesn''t have it''s own patent means there''s no entry barrier either.
I dont think any new ipo will buzz as if from now one can clearly see that the market are breathing down and with uncertainty on Mat will keep these FII away from primary market too. so wait till thing revive and the others will also like to watch how Vrl subscribe and also many will watch most awaited Vrl listing so wait till short recovery in market comes. Uncertainty from here I dont see any ipo in 1st week of May. But all should wait for Sadbhav infra ipo.
If an issue size is upto 250 crore 5% circuit after price discovery and T2T settlement applies. VRL will be in 20% circuit and rolling settlement as the issue size is over 250 crores. Read SEBI notification from below link.
Highly priced issue. Moreover technology changes are happening so fast that 30X is not sustainable. Would avoid the issue even though there is grey mkt price..
Barbaad Kar dega yeh IPO Investors ko. Teach a lesson to greedy promoters by ignoring this IPO. We should wait for better IPOs.
97. M Gupta| Link| Bookmark|
April 24, 2015 9:53:17 AM
IPO Guru (1000+ Posts, 3100+ Likes)
IF HOWEVER, SOME ONE HAS REALLY GOOD CONTACTS IN GREY MARKET AND THERE IS A REAL BUYER... HE SHOULD IMMEDIATELY SELL ALL HIS APPLICATIONS ...
AND THEN ONLY APPLY
96. M Gupta| Link| Bookmark|
April 24, 2015 9:33:21 AM
IPO Guru (1000+ Posts, 3100+ Likes)
DEAR MR. MUDIT CHOPRA & MR NASIRUL.........
THIS IPO IS CERTAINLY AN OVERPRICED IPO........
I HAVE ALREADY TOLD ALL OF YOU TO IGNORE GREY MARKET BHAVs (AT MAX GREY MARKET CAN BE CONSIDERED AS AN INDICATOR ONLY).......
I KNOW THAT MOST OF THE BOARDERS WILL NOT LIKE MY COMMENTS AS EVERYBODY ON THIS WEBSITE IS WILLING TO APPLY TO MAKE SOME QUICK BUCKS....
BUT TRUST ME... 9 OUT OF 10 TIMES, THESE TYPE OF IPO COME WHEN IPO MARKET SENTIMENT IS AT PEAK.....
THEY WILL SPREAD GREY MARKET PREMIUMS ALL OVER.... ACTUALLY RUMOURS ONLY... THEY WILL NOT BUY ONLY RUMOURS.... AND INNOCENT RETAILERS WILL BE TRAPPED .....& WILL BE LOOOTED & KOOOOOTED....
MY SINCERE ADVICE :-
DONT APPLY .............
OTHERWISE................
THIS WILL KOOOOOOOOOOOOOOOOOOT U....... THIS WILL LOOOOOOOOOOOOOOOOOOT U.......