Surprisingly Future is trading at a hugh discount of around Rs. 4 per share .....
this means that after listing it will tank southwards....
Can any one advice....Wht is going on... I think this is a game plan of the Issue managers to fool us and ultimately we will end up making hugh loss as we did in last few FPO or IPo of govt companies.
ASBA OD (OVER DRAFT) accounts not allowed which will lead to less over subcription in retail.Amount blocked in your account need to be in cash avaible in your account and not overdraft facility.You can issue cheqe and paticipate in the issue,but willhave to pay intreston that amount.It is the good thing done.(for the people who are useing 2 lakh to ipo).