I just want every1 to b cautious whoevr applied. As for last 1 year the market was negative & volatile & operator driven rather than fundamentals in most of the IPOs. Just sell with whatever gain you get, dont be greedy to loss your hard earned money. We should atleast protect our capital even if we get less profit. I hope all the best to whoever applied though not me.
Mr Dhiren Parmar, the behaviour of a stock on listing day has hardly follow the over all market trend. If market fall 500 point,the listing stock may gain 80% or if market up by 500 point listing stock may be down by 70%. This is fact and i told you from just recently listing stock because operators, promoters, brooker are all behind the listing day activity. It is not not necessary that a bad stock will fare badly on listing day , even it may up by 50%-60% during the course of listing day though it may end on 40% at the end of the day. The P/E ,overall subcription.GMP all facts and figures are irrevalent on listing day. If you subscribe any IPO donot witdraw just test your luck
May list on 13th thursday but will have to be cautious as market has rallied more than 700 points frm last 2 days & it may fall with closing of ths week thats thurday & friday.
In RHP the PE multiple is shown as about 10PE while comparing to the peer group but IPO analysts (for example Dilip Davla)are calculating as PE multiple of @20PE duly taking post equity (which willnot give a correct picture where heavy dilution. Why Dilip ji is against this issue. If they are far issue they will compare with pre dilution and post book value If they donot favour they are doing just reverese. Why this partiality
Mr santonu thanks.If lt list at primium and i ll generate some free share then i ll hold that for long term .my main aim is to recover my principal 198000 on listing.