383.1. PavanM| Link| Bookmark|
April 9, 2015 10:13:07 AM
IPO Mentor (500+ Posts, 400+ Likes)
How abt your below messages posted earlier ????
I don''''t know who are the fool retailers applying in this ipo even some are writing the kostak and premium which are not radical on ground. So retailers money will be lost all kostak premium will be vanished by tomorrow and retailers will sit back holding 45 shares and making loss of 2000 Rs. So avoid money sit on cash and buy inox at 270 280 soon on listing day . This issue is highly priced no Qib and nii are interested at these valuation they think it''''s aggressively priced so be aware ... Discount 15 is lollipop . It will list at discount. Some people were taught by monte rest by adlabs and inox .... Hope you will make your mind by avoiding and teaching merchant banker a lesson. Thanks I know still many would write premium and kostak and even many will critise me .... But Jo sahi h wo sahi h ....kal Parso koi premium nahi rahega Phir allotment k bad discount and retailers will think of kostak at 2000 and sit back harsh with a loss of 2000. Regards pinky Jain
As per http://www.moneycontrol.com/news/buzzing-stocks/rural-electrification-corp35-as-ofs-fully-subscribed_1351799.html
The indicative OFS price is likely to be at Rs 316 per share against floor price of Rs 315 per share. The government is looking to rake up around Rs 1,550 crore via the offer for sale today.
if they fix OFS price higher that 315, then people who bid at 315 will not get shares. I too bid 405@315, what not knowing we could bid higher, but did not expect such high movement of the stock price either. Anyhow let''s see what happens.
REC current market price is 332. Floor price is 315 + 5% discount. Which mean the allocation price is 300. We can expect a profit of 20-25 per share in 2-3 days. What else is required? Hurry up .. APPLY APPLY
The allocation methodology is price priority and the highest bidder gets first priority. So, taking 315 as the price you may not get allotment also given the current Bid Schedule.
I read the document partially and I feel it''s good for taking a risk of one lot but I am yet to read the whole RHP. Plus let us see the Demand Schedule one 16th and then decide.