since you are new go for va tech only.....electrosteel is risky for you....coz first you should know basics and then go to complex shares like electosteel
@all the IPO experts-do reply to my post(any one of you) I am a wannabe investor.Just started investing in secondary market and have made small profits.Now wanna try investing in IPO's.I've been silent reader of this blog for the past one month and i've done my share of research regarding how an IPO works. Here's the thing..i don't want to invest too much..i only want to invest an amount less than 10k.So please guide me to pick one IPO and the lot size I should subscribe for...i'm looking for long term gains.
Subscription » It may subscribe 5 to 9 times in the retail category. Allotment » One may get 9 to 12 shares for the application of Rs. 1 lac. Listing » It may list around Rs. 1490 to 1550. » It can see the intraday levels of Rs. 1600 in the good market conditions.
What sort foolish questions you people ask.. Read the first page of RHP.. 125 cr is through fresh issue of equity and does not include offer for sale. So total issue size would be more than 125 cr.. Please behave like an investor before you actually think of investing in IPO..