mark my words. this stock is a multibagger for long term investors. it will reward shareholders.
this is a very small issue from psu and there business will be in huge demand in future so grab ths stock for long term and get excellent returns in future.
There are multiple PSU IPOs in pipeline. Amidst concerns and doubts about PSU in investors mind, government is not stopping any stone unturned in painting a rosy picture about future. Few examples are articles in links shared below:
Investment in these companies may give return to investors at SOME POINT in future but one question should always be in mind of potential investors mind "At what price these stocks will give reasonable values" and "should I buy it in IPO or wait for IPO uncertainty to be over" before investing.
Not bad listing...socha tha usse to bahot accha listing hubs he...who apply in retail categories earn atleast 300 to 400 rs profit after discount..and 4% is not bad in just 7 days..bcoz itna intrest to pure saal saving account pr milta heee
IF THIS ONE FAILS GOVT. WONT BE ABLE TO COME UP WITH ANY NEW IPO
THIS IS A BIG TEST. ALTHOUGH EXCELLENT BET FOR LONG TERM BUT IF IT FAILS TO COME UP WITH ANY LISTING GAIN THEN IT WILL BE 3 IN A ROW HAL, BHARAT DYNAMICS AND MISHRA
GOVT. SHOULD FORGET TO COLLECT ANY MONEY IF THIS FAILS. HUGE STAKE ON THIS ONE NOW
Govt has raised money, its least bothered about this stock fate on listing day, If you see this govt will not learn there has already been hatrick of flops before GIC, SBI life, new india etc, It just wants to disinvest and raise money, that's all, if its at the cost of you or LIC, be it as long as money comes.
Jab LIC ka ho sath to fikar ki choodo baat ! Lic will make govt ki naya paar ie govt ipos will scratch thru thanks to LIC never mind what happens with lic policyholders !!
I hope tomorrow listing positive...if down 15 rs then enter in this stock for long term
123. shaakaal| Link| Bookmark|
April 3, 2018 11:56:59 AM
IPO Guru (1300+ Posts, 3200+ Likes)
Tomorrow 'Chem cho' will post 'brought' at the lowest price and if fortunatetely/unfortunately touched upper price whatever be then sell at the highest price:) hahaha...
LIC bidded in this Government company IPO for 1,87,33,950 shares (which is 80% of the shares reserved for QIB quota) and has been alloted 1,63,50,564 shares (which is 70% of the shares reserved for QIB quota). It means at upper price band of Rs. 90/- per share, LIC has invested Rs. 147.15 Crores (approx) in this public issue of Government company.
In India almost 60% retail demat account are added in last 3-4years when market had stupendous run driven by excess liquidity sans fundamentals. Investors mantra tought to these new investors: 1. IPO is sure shot listing lottery mechanism. 2. Fundamentals is foolish word. 3. Business model doesn't matter. 4. Cash flow is for accountants not for investors. 5. Who ever suggest AVOID, is desh drohi and need to appear in court of law to justify. 6. Listing below issue price is fine but if some one advise d AVOID and after 2-3 weeks stock price somehow rises even 10 paise above issue price then person saying AVOID should be crucified or send to gallows while completely ignore ing what happens to stock after 2-3 months.
This is current Mantra.
BTW, Buffet always believe that IPO mechanism is unfair to new investors and disliked IPOs.
117.2. Aniketiaf| Link| Bookmark|
March 30, 2018 1:31:43 PM
IPO Guru (1800+ Posts, 10200+ Likes)
@ Cool Sunshine, I think, one more point should be added....
Point no 7. If someone posting the Gray Market Premium ( GMP) less than other's exception, he should must be treated as Desh Drohi & directly sent to Central jail.
Ignore or forget 'G' (grey) in 'GMP' and treat it is as 'MP' straight forward 'Market premiun' . If quoted value doesn't seem bullish enough blast or crucify the quoter (traitor)
Cool sunshine ,aniket, good different analysis. Thanks both of u.
117.5. shaakaal| Link| Bookmark|
April 1, 2018 10:48:04 AM
IPO Guru (1300+ Posts, 3200+ Likes)
point no.5 is lol.Very soon 'desh drohi tax'(DDT's new mening) would be incurred against those who are not contributing towards nation building exercise and those who do 'bahiskar' should be given penalty directly.No court kacheri ka janjat
Most interesting thing is that people with multiple IDs and agents and cant even understand intended meaning in English and continue to make fool of themselves in front of others.
Why am i smelling the names of the post makers itself in the so called 'Anyone'?lol..no offence guys..just kidding.. You guys really do a great work but sometimes market also misbehaves and every one should notice this..