Madhusudan Masala Limited IPO Message Board (Page 2)

Baat same hai, sirf aapka fund free nhin ho rha, saari duniya ka ho rha h...

Subscription ussi hisaab utna badh jayega jaldi fund free hone se.... And ab rhi sahi umeed bhi chali jaayengi ipo milne ki

Sirf apply karna aim nhin h, allocation is only thing important.... Warna block unblock khelte rho 2-2 din me

@ Vnrao,
But there was firm allotment in those good old days(talking in terms of allotment). Late milte tha par milte tha juror

@VNrao.. correctly said Sir.. in the early 1990 .. ipo proceding was completed in 2 to 3 months..We received physical share certificates..& refund through Registered post..

Brings back old memories. I also used to invest in IPOs in the 1980s. My first allotment was Doom Dooma Tea in 1978 or so, in my mother's name. Then I think they were called Public issues. Forms used to be avlble outside banks.
Was also a stock exchange member of Jaipur and was an underwriter as well.
At that time there was an offic eof controller of capital issues. All issues were at Par ( 10 rs each). For issuing at premium, CCI reluctantly gave approval and huge bribe was thought to be given.
Remember Bindal Agro came at 50 RS and it was exclaimed as to why such a high premium.
CCI was abolished during free mkt regime ushered onwards of 1992 by Manmohan as FM and SeBI came about.
Markets have hugely progressed since then.