BIL - GMP- 205 (Discount 5 rupees on Issue price on 210) but retail invester will get it at 200 so 5 rupees primium for retail including retail discount...
BIL - GMP- 215 (Discount 5 rupees on Issue price on 220) but retail invester will get it at 210 so 5 rupees primium for retail including retail discount...
CARE IPO LISTING- 26/12 PC IPO LISTING - 27/12 BHARTI IPO LISTING- 28/12 NOW NO IPO IN 2012 AFTER 7/1/2012 NEW IPO COMES. NEW IPOS - JUST DIAL AND V-MART
I never been keen follower of GMP as it is misleading and covers very little part of total shares in an ipo,in my opinion it only indicates the direction , listing day price not necessarily follows gmp.
i dont know any GMP , but i m feeling that CARE is 950-1050 and PCJ is 140-150 kind of stock few days after listing rest depends upon overall market reaction for the next 10 days
As under new SEBI guidelines for allotment to retail investors, shares are to be allotted to all applicants subject to availability, SEBI should consider making more shares available for allotment to retail investors by diverting from QIB/ HN I quotas in cases where Retail portion is highly oversubscribed, so that all applicants are allotted at least minimum lot of shares. This will help to achieve the govrnment''''s objective of broad basing share holding among a very large number of investors. Why should QIBs and HNIs get more shares per application when retail investors are getting very meagrely allotment. How can we send this suggestion to SEBI. THIS IS THE NEXT LOGICAL STEP AFTER INTRODUCTION OF NEW ALLOTMENT GUIDELINES.
i agree with you friend gov. should give first preference to RIs but on other hand retail participation in share market is very low & gov. needs these QIBs to run this market so they need a cota also but i hope gradually gov will increase retail cota to a certain limit