I don''t know how much can you gain but you may end up loosing unless market is too much interested in the niche business and first of it''s kind listing.
This issue looks exorbitantly priced. I was expecting below 400 asking price. There were some issues with promoters as well. Only thing is this is a niche business and might get some market attention.
Nasirul Sir As dilip sir said go for listing gain. Should we take risk by applying or rather avoid even we don''t have any listed peers for this so this probably will discover price. I think avoid as M gupta sir said
But dont get fooled by grey market bhav. These bhavs are honey traps. we will be traped and ultimately suffer hugh lossess. I was also trapped in Monte but will not commit same mistake again and again.