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JUST DIAL IPO Opening 20-22/5/2013.Price declared 470543 , with 10% discount to retail investors.
You may refer to a write up in moneycontrol.com- Sunstar: Questionable stake-shifting, pricing go unnoticed.Authorised capital until 28/3/2012 was 1 lakh, 29/3/2012 6.5 lakh, 31/3/12 600 lakh,Sept 2012 1500 lakh ,Nov 2012 2050 lakh. Other startling facts also revealed there. Still toying with the idea of applying, go ahead.
KPPATEL#30. Chittorgarh board shows 87% subscription. The issue is not fully subscribed as it has not achieved the minimum subscription figure of 90% as prescribed by SEBI. Pl. enlighten.
What does it mean? Will it be withdrawn?
Yes. It will in order to keep tab of performance of schemes of such MF houses.
IPO has been assigned 2/5 grade. Safety net is a plus point.
The Businessline paper has analysed the IPO in detail .Final summary is being quoted here. "Given the risks and the high valuations, only those investors with stomach for high risk and a medium term perspective can subscribe to the IPO. Investors are also advised against taking a large exposure in the IPO".
hOW CAN ONE COMMENT WITHOUT FINANCIALS.