Guys, I am really confused as per BSE site. cumulative (total) bid is just 40% at 12pm.However, people are saying its a good issue..pl help http://www.bseindia.com/markets/publicIssues/DisplayIPO.aspx?id=942&type=IPO&idtype=1&status=L&IPONo=1014&startdt=4%2f28%2f2015
Let''s assume it gets fully subscribed. Given current level of interest, lets also assume it gets oversubscribed 3-4 times. With this kind of subscription and already high price, the returns expected are ~10% on listing (Max). The BIG QUESTION is : Would you like to take risk for 10% returns..?
226.1. Septa| Link| Bookmark|
April 30, 2015 11:45:34 AM
(4000+ Posts, 4600+ Likes)
U mean u have withdrawn or the iPod has withdrawn. Btw seriously this issue at 625 is avoid on all front IMO anything over 20 PE is not worth applying in my golden rule
The important thing is to make money and make money consistently but doesn''t mean make money each time. Hence, it''s important to avoid risky bets. There''s always the secondary market available.
Imagine blocking 25 lacs and getting one lot. Does it make sense? Better startegy is open multiple accounts in the name of your Mom, Dad, Wife (If any), Brother, Sister etc.
although the issue appears pricy, being the first IPO in this segment, it is to repeat the history of Just Dial, Wonderla, Snowman Logi. Issue is worth grabbing for listing gains as well as handsome rewards for long term.