I''m not an expert like gala-ji or IPOANALYSIS or Eagleye-ma''am; I''m just a 26 year old beginner working as data-analyst for Europe based investment banker (mostly identifying trade frauds and manipulation) and an author of two technical books for UK based publisher (Packt). Based on my own software tools and indicators, I decide.what to do. NOM and Cheers.
cant be generalised, Airan, Eurofresh, Panache and even creative were > 10 Cr and did decently well....Listing gains were there ..it boils down to ur exit timing. ....Again we are used to 2 to 3 circuits for these IPOs that get oversubscribed more than 10 times which didnt happen in this case of Infobeans
The 2nd day performance yesterday was a disappointment, i was expecting it to be in circuit as many experts here had predicted a 20rs premium, but it didnt live to that, with the kind of subscription interest shown this has been a disappointment and i am holding this hoping it touches some thing in the 80s.....Members please comment if this is a good idea.
It will be closed on a positive note.. The fearful people have sold it, now it will go into positive zone and in few sessions should reach to 98 level.