The FO is prevailing at price of 93 and the issue price after discount is expected at Rs. 80, So if we concider the subscripton at Three Times the total return is 13*1100 = Rs. 9500. So selling at 4500-5000 is not a worth. It is much better to sell in FO.
In 2010 in the IPO retail investors got at a discounted price of Rs.85.50 and the present prevailing price is Rs.94. no considerable appreciation. The present FPO is only to make the investors fools again. The issue is only to fill the gap of fiscal deficiency. There are several stocks are available in secondary market for sustained growth