Bharat dynamic liste at 13.5% discount. it's already counted as subscription is not good. always look for subscription figure. u can get it on google by search live subscription.
Bandhan should be listed positibe. surat it's price 1100rs subscription was good.
71. dpcdsl| Link| Bookmark|
March 23, 2018 12:20:42 AM
Top Contributor (400+ Posts, 200+ Likes)
Fate of MDNL shall be decided on listing of BDL. MDNL shall be fully subscribed if BDL list above 440/-, RII shall be getting 5% gain.
71.1. DownriteVJ| Link| Bookmark|
March 23, 2018 10:37:05 AM
IPO Guru (1400+ Posts, 1200+ Likes)
I do not see any rationale behind recent 3 IPOs because one Govt PSU is producing something and then another Govt PSU is buying the same. Thus Govt. itself is producer and also buyer of the same. There is no sense at all in listing such companies. It seems as if chorus is overlapping a duet song.
PSU ipo's like NHPC,Bharat 22 Etf,Moil,coal india,ntpc all are not performing and no growth from past years.So I don't think mishra dhatu will be a good bid.
The lover and saviour of Indian crown jewels itself in trouble.
PSU bets give LIC a Rs 20,000 crore headache as stocks slide up to 43% https://economictimes.indiatimes.com/markets/stocks/news/psu-bets-give-lic-a-rs-20000-crore-headache-as-stocks-slide-up-to-43/articleshow/63410479.cms
Other than a political party, did anyone or the PSUs themselves gained anything from these exorbitantly priced new issues................................ Take informed action only.
I do not understand the nationale behind recent 3 IPOs because one Govt PSU is producing something and then another Govt PSU is burung the same. This, Govt. itself is producer and also buyer of the same. There is no sense at all in listing such companies.