Super flop show by government company because valuetion fully priced. Public ko murkh samjane vali government ko aisa hi risponce milna chahiye. Khud ki.jeb bharte he aur public ke liye kuchh nahi chhodte.
In this era of super fast computing, allotment should be done faster. There are so many IPOs available and if money can be unblocked quickly, people like me can apply for multiple IPOs
98. P M| Link| Bookmark|
March 14, 2018 5:03:50 PM
(1100+ Posts, 1100+ Likes)
If this was boycotted the government would have had to reconsider valuations and come up with reasonable pricing in the interest of retail and small investors. Not just for this one, but all the upcoming IPOs under disinvestment targets.
Unfortunately, despite unenthusiastic participation, the IPO will sail through. LIC hai na. Zindagi ke saath bhi, zindagi ke baad bhi.
Financials and Performance look decent. Though market sentiments are not favourable, I will go ahead with my applications. Don''t see gaining a lot or losing much.