Financial info looks good. But still prefer to take REC from secondary market which has still price of IPO itself with very good provisional results. http://www.bseindia.com/qresann/news.asp?newsid=
Aishwarya Telecom Limited IPO opens today and closes on April 17. Price Band = Rs 32/- to Rs 35/- CARE has given grade 2 to it. Subscription will be average in the HNI & QIB category. Subscription will be very good in the retail category then HNI & QIB category. One can apply for listing gain. It will perform like Burnpur Cement and Sita Shree on the listing day.
Today World Bank has instructed all the member countries to control inflation. Everywhere, throughout the world, the prices are at highest levels. Under this circumstance, it is unlikely that the market will go up. Do not believe the speculators. Go for the indicators and decide yourself.
Aishwarya Telecom Limited is a good company like onmobile .so my advice to invest 25% of 100% equity in this ipo.but dont hold it.sell it on listing day or in 2-3 days after listing.
dekho friends i beleive ont thing agar aapko bada risk nai lena chahte to aap kam se kam min app to kar hi sakte ho.maine sita shree mein min app ki thi aur i have made profit of 40 percent. we dont expect but atleast 20 percent to deke hi jayega which is good for int earners.