This ipo will be undersubscribed then it will reduce the priceby 10-15 rs and if succesfull there underwriters which are promoters of it will get into it as promoters got it at 140 rs. when it will list at 30% discount and go to 60-70% dicount in few weeks only retailers will suffer. I am again informing retailers not to apply in this bad ipo . stay away from ipo market as u have good bluechip socks available in secondary market u can purchase
IPO is good, timing is bad. That is for sure. But if you have surplus 50 K, purchase and take advantage of gettinto some good stocks. You won't get this time again and again. Worst case the stock you take goes down for 5-10 % more. But think of next 6 months. My picks are BHEL, NTPC, State Bank. For Midcaps, BSE Infra, Subros, Aban. I will still not suggest midcaps for everyone, but yes bluechip, large caps for everyone to have a balanced portfolio. This is the right time. Forget IPO for few months. For 20-30 % gain on 5-10 K , won't make any sense.
gOOD WAY TO TEACH LESSONS TO fII. If you look into the issue its big funds like dsp meryll and other big american funds who were promoters and got share at 140 rs and now selling to people at 610 rs and exiting out of it. dont buy single share and teach f11 a lesson as well as to prmoters and also to chidambaram .chidamabaram is the biggest reason for fall in market. Do you know when other markets have decreased tax to f11 like in pakistan and taiwan which are at all time high just to bring more money. chidambaram has done exactly opposite and thats why f11 are teaching lesson to India and China because of there marxist policies which are not foreign instituional friendly. i request everyone to not to vote for congress who always have no control and loot people by capital market and giving ur money to farmers. Instead vote for any other party even independent party is beeter
HAHAHAHAHHA ONLY 4800 SHARES APPLIED AND THAT ALSO IN RETAIL CATEGORY. SURELY I MUST SAY RETAILERS ARE FOOL. NOW TOMM OR DAY AFTER TOMM SOME NON INST WILL APPLY FOR FEW SHARES AND THEN WITHDRAW.
BUY AND GET 50-70% DISCOUNT IN FEW EEKS AFTER LISTING. GOOD WAY TO GET UR MONEY HALFED
i am sure only fools will apply. According to fundamentals there should not even be 1 share subscribed for this ipo.forget about price of 610 this stock should not even come at price of 150 rs . There promoters are exiting stock which they applied few years back at 140 rs and issuing to public at 610 .bevwakof samaj rakha hai kya public ko.
Titagarh Wagons Limited IPO opens today and close's on March 27. Price band = Rs 540 to Rs 610. Markets are showing high levels of uncertainty Investors should be careful.
Hi, I evaluated this issue and here are the findings: It was tough to evaluate it due to its unique business model. I evaluated it against a giant named BHEL. EPS for bhel is 98 while for this company it turns out to be 71. and price for bhel is 1851. due to better brand bhel can afford to have lower PE.
For those who are comparing kiri dyes and this...i think this is better. But kiri is also a good one.(see my comment on kiris detail page for more info on kiri).
when bgrenergy and transformer are available at so less price why the hell will anyone apply in this. stock is not even worth 170-175 rs.trust me i am sure this will go to damp squip . i even dont understand why gammon and shree foods got this much also as none of them are good . Go and buy good stocks which will also be evergreen and continiuos earning money like powergrid,power fianance,ntpc,tcs,dlf,recltd