I absolutely dont buy this statement that apply for 1 lot only,that''s all hogwash.. if that was the case why some people get 2,3, or more than 4 lots and others dont even get a single lot ?
Gentleman, they apply 1 lot each from multiple DEMAT A/Cs registered with different PAN cards of family and friends. Or they buy that application from grey market.
Great IPO, go for it..... unlike present trend PE fund not selling any single share. PE fund who funded it is headed by Son of Deepak Parekh, & Investors are Uday Kotak, Parekh Family & Many more Mkt. Smarties.
For a change, issuer has priced the issue modestly leaving something on the table for the investor. There should be reasonable listing gain to the successful applicats. In the medium term , other things being equal, the scrip should reward the investors handsomely. Worth applying.
The most positive thing about this company is that it dont rent the equipments used for the construction projects like cairn, big machine etc. They buy and own them.This reduces the cost of the overall project and also build their assests. They can be re-used it their next projects. HUge benefits compared to the peer companies.
Note - DILIP BUILDCON also follows the same approach but it not exactly a peer for this company
apply with 1.9 lac rupee to get retail individual post and get high chance of getting more allotment... u can apply only if u have demat account ... i have 5paisa broker account i can directly apply with one click via mobile app and i get email confirmation with IPO application ... i fill IPO application it printed page and submit that form to bank ... its simple
That''s a misconception. If issue oversubscribes all retail applicants will be considered for 1 lot only. If u have money make more applications in name of family and friends.
Why print application and going in bank, in today''s world no one have this much time and if your bank is SBI then God help them, just apply through net banking of any bank paperless and easy.
The simple thing - Open a demat account anywhere , apply through netbanking & take benefits of ASBA, always apply at cut-off price and go for 1 lot only....
Please dont mis-guide investor for your own brokerage benefits.
Always apply at Cut off price and for 1 lot only... still does not guarantee the allotment .. as in most cases the IPO get over subscribed and it is based on lottery system and your LUCK :)
46. Aniketiaf| Link| Bookmark|
September 8, 2017 3:50:30 PM
IPO Guru (1800+ Posts, 10200+ Likes)
Gmp of capacit Infra is 70-80 in chandigarh /Mohali region.