Management is strong and have very good reputation with Government of Gujarat.stable buisness and good expansion plans,good setup and good sector.must buy for long term investor.
Vital compared itself with neogen, but both business is different. DD was also suprised. All I know that phosphorus is used in fertilizer, that's a commodity business. It cann't compare itself with Pradeep phosphate. Can anyone expert in speciality chem please explain?
Jetha lal's approach were very clinical, like he was working in lab and knowing the strength of the stock. He may be some top investor in disguise. Even I assume RJ might have spent some time here reading. Investors like to read a lot.
It is expected to list nearly 175-180. This is good company and will give good return in next 6 months. So all allotted members, keep hold and do not hurry on listing day sale. If you can not wait for 6 months, still just watch for 15-20 days and later take your decision for hold/sale. 165-170 is good entry point and keep consolidate your holding if it move in that range. It is expected to touch 300 in 6 months.
Still sab operator ka game hai. But this is little big size issue and for operators also difficult to manage big size ipo with huge quantity available as unfreeze.
@KetanD, I am very poor in predictions of listings. Vital's high subscriptions with good GMP, will be listing higher than expectations. Please check on listing day EP/volume as per your risk appetite and take your own call. (Not all pre-open buys are safe, recent one Phantom, few others in main board as well in the past)
@quresh rangwala.... No it doesn't mean you have been allotted. If fund is still blocked you can wait for the next 24 hrs. Usually the lien for IPOs expire after maximum 5 working days and fund is unblocked after that if not unblocked earlier.... Rest you can check your allotment status on the RTA website ....link: https://www.skylinerta.com/ipo.php