Agree, Money is looted from PSUs and PSBs by the politicians an their businessmen friends in thousands of crores.. corruption at it height in this country.. Where will these companies make profit? Avoid PSU,psb is the only option..
Very much true Amit.Sky is the limit for this corrupted administration.No ' CHALLAN ' for these politicians.Rules are made only to rob common man.
105. Aniketiaf| Link| Bookmark|
September 14, 2019 10:15:57 PM
IPO Guru (1800+ Posts, 10200+ Likes)
GoAir, the country's fourth largest airline by market share, is looking to raise close to Rs 5,000 crore through its initial public offer (IPO). Sources close to the matter claim that the airline is looking to dilute around 25% or more for the same. The airline has appointed Morgan Stanley, JM Financial, ICICI Securities and Citi as lead bankers for its public issue.
105.1. Aniketiaf| Link| Bookmark|
September 14, 2019 10:29:40 PM
IPO Guru (1800+ Posts, 10200+ Likes)
Do not trust the companies of Shapoorji Pallonji.. You will turn to RAGS from RICHES if invest in these companies .Glaring example is just listed company STERLING AND WILSON SOLAR LTD .
100. jajo| Link| Bookmark|
August 20, 2019 12:20:31 PM
Top Contributor (300+ Posts, 200+ Likes)
The latest IPOs of Spandana Spoorthi & S&W spoiled the revival sentiments of primary market by fixing prices very high. The company managements and Lead mangers ignored the reality of secondary market where bluest of blue chips are available at tempting prices. Greed has no limits!
All 3 recent ipo trading below ipo price , merchant bankers and sebi management looting qib,retailers,hni by keeping ipo price by extra 10/15 percent upper side seems.
@Cautious IPO... You are bang on the point and hence i have not applied into any one of the IPO...expecting to down by 30%..fingers crossed
100.3. jajo| Link| Bookmark|
August 21, 2019 1:25:09 PM
Top Contributor (300+ Posts, 200+ Likes)
In S&W IPO, it's interesting to note one risk factor mentioned as per Chittorgarh.com site is "The average cost of acquisition per Equity Share for the promoter selling shareholders is nil per equity share." Still they are not willing to leave anything on the table for the new investors! Investors, please stay away from greedy promotors and save your hard earned money.
SPANDAN SPOORTY price is gradually incrasing and it has well surpassed its IPO PRICE .But SWSOLAR is speedily decrasing. I am afraid it will be zero in a few days.
issue mehnga tha wo abhi pata chala. loko ko ipo bharne ke liye reason bi acche mil jate hai. ye bahot subscribe nahi hua kisi ke pass maal nahi hai. ye to bhaage ga. Kya yaar.
As you know the Promoters of this company and they are very well known people,what the meaning of it for the public? They are here just cheating the common public.
Be happy if you have long term perspective. Future belongs to non conventional energy generating companies. I made conscious and calculated decision to apply and no regrets for allotment
since i was in a meeting at the core time i forgot to reduce my application and got many shares now, fingers crossed that this shows atleast little profit.