337 is pretty reasonable as it is priced below par with industry and as per our calculation of 320 - 325 . Calculation is based on data posted in Tejas IPO page message number 101. Expect listing around 375 - 380 and then move forward towards 400. Stock is not only for listing gain but also for long term.Long term target may reach 500 - 550 or even 600 within 1 year . Still we should wait for Septa Sir''s computations.
At 35 % Around 600 cr. space left for Retail investors . So more chances of allotment .