The allotment would be on or before Feb 2nd.. as per the SEBI rules, allotment should be within the 15 days of closure of subscription.. and refund/listiing/demat credit are within the 7 days finilizing the shares/allocation
whoever gets allotment will be lucky to make some good gains...as FII were not allowed to buy from primary and they can buy only 18% from secondary..demand will be very very strong..........
looks to be an underdog. should provide good returns on listing. with CNN connection, prospects are good. I am betting on rajdeep sardesai's popularity.
GBN IPO has some costraint to FIIs. FIIs cannot participate in this IPO. Thats the reason why you don't see FIIs participation in this IPO till date. But in secondary market they have no constraint to buy (with max 18% as limit of buying). So Investors i will suggest to go for this IPO for good listing gains.