INVESTORS BE AWARE. DONT GET FOOLED BY A FEW SO CALLED FALTOO TIME PASS JOKER TYPE EXPERTS. DO YOUR OWN RESERCH AND SEE WHETHER THIS RS. 5 PAID UP SHARE DESERVES A PRICE OF RS. 1310.
THIS COMPANY HAS NOT KEPT ANY EMPLOYEE QUOTA? WHY????
THIS COMPANY ANNOUNCED IPO VERY EARLY BUT DID NOT DECLARE DATE TIMELY? WHY?????????
THIS COMPANY DID NOT DECLARE PRICE BAND EARLY IN TIME ? WHY??????
THIS COMPANY SENT IPO FORMS VERY LATE IN MARKET ? WHY??????
EARLIER IT WAS EXPECTED THAT PRICE BAND WILL BE AROUND RS.1000-1100. BUT NOW IT HAS DECLARED IT AT RS. 1310 UPPER BAND WHY????????
WHY THIS COMPANY IS NOT OFFERING ANY DISCOUNT TO RETAILERS WHEREAS ALL PAST BIG AND GOOD IPOS DID THE SAME (EXCEPT BAJAJ CORP, WHICH HARDLY GAVE 1% RETURN FOR APPLIACANTS PER ONE LAC APP)??????
OUT OD THIS 475 CRORE IPO, ONLY RS. 125 CRORE WILL GO TO THE COMPANY AND THE REST WILL BE PAID TO OLD INVESTORS AS EXIT ROUTE. IF THIS IS A THAT GOOD COMPANY WHY THOSE INVESTORS ARE EXITING???????
REALITY IS DIFFERENT MY FRIENDS. HAD THIS COMPANY KEPT EMPLOYEE QUOTA, THERE WAS A RISK OF ZERO APPLICATION IN THAT.
SKS, ENGINEER WERE REALLY DECENT IPOS WITH 5% DISCOUNT THEN THOSE GAVE 5000 PER APPLIACTION RETURN. THIS COMPANY WHICH WAS EARLIER PLANNING RS 1000 PER SHARE IS NOW COMING WITH 1310 AS PRICE WITH NO RETAIL DISCOUNT.
I KNOW THIS IS A BULL MARKET AND SOME EXPERTS WILL HAVE THEIR OWN LOGIC, RESEARCH (TIME PASS GOSSIP) TO JUSTIFY THE INVESTMENT BUT WE ALL SHOULD DO OUR OWN HOMEWORK OTHERWISE WE WILL BE LOOTED BY THE PROMOTERS.
GEM, Sreedhar here.Posting Anonymous as I do not know how to login with my cell phone .100 Short kar diya 330 mein kyon ki mujhe lagata hain 5-6 times hi hoga.Even 10 times also I will be safe.Wats is ur say.