This IPO is going to be invested in FMCG and Retail!! these are hot sectors for investors in india, a boom is always on the cards... one day rest wll be history!!
@vishwanath- the allotment will be in pro-rata basis(1:1.5), as the shares are reportedly over-subscribed. after listing the real game begins as the rates will go up according to the demand, which i m sure will be gr8. so expect around 150-200% rise....
I don't have much idea about this IPO but still I have taken 600 shares of this. Do any one know what can be the status of this IPO after the allotment.
In the past 2 monts 3/6 IPOs have done rilli well, if Lovable lingrie, Sudar garments can do well, Future group does stand a more than FAIR chance of gain!!!
Hi friends. Wait for te Muthoot allotment is over. Now the big day that is 6th May is nearing. The intraday range for the Muthoot will be 225 to 245. It is worth keeping in your portfolio for atleast 6 months.
Freinds, I have withdrawn my application for Future ventures by mailing to the registrar as no progress seen in its movement. No I am having my applications for only Muthoot IPO which I expect a blockbuster opening.
Sirs, Sentiments are powerful in indian society, In 2008, future capital holding (Rs 38 Book value) offered at Rs 750 80 times subscription from kishore Biyani. In 2011,Same kishore Biyani,with joined arms,Future ventures (Rs 8.50 Book value) offered at Rs 10 or 11.Total struggle for just pass.
this is called sentiment so powerful than any other.
In Jan 2008. Unitech is RS 632 seller rarely find and Oct,2008 and mar 2009 between Rs 40 and Rs20 buyer rarely find. This is called metured sentiment called madness. Conclusion : dont spend time in calculating PE and valuations measure sentiment (Now it is in gold and Silver which are called precious metals called in puranas acutally as white elephants)
Dear Sreedhar, I have applied only one lot for testing in this issue. i think this group is not making good profit. Also no good future expansion plan. so we have to raedy for booking loss in this issue. minimum 2 rs.
FUTURE CAPITAL in 2008 was listed during Recession period when everything was falling in market.In spite of tat it listed at 765 and touched 925 and then due to Recession selling was seen.FUTURE VENTURE FAIR VALUE IS 47 BUT ISSUE PRICE IS 10-11.Those who have not subscribed they are going to miss a large profit..
This IPO will list on INR 11.50, but do not buy it. It will come upto INR 6 within 2weeks and that is the fair value. In 2008,from the same group one IPO was listed @INR450 and It is trading in @ 130 to INR 160 range.