I have few questions for experienced guys on this forum. 1) Can I buy UFO movies for long term (12-18 months)on the listing day becaI think one may get the opportunity to buy it @ 550-575 on the listing day or within couple of days thereafter 2) Can I open the DMAT account on my 2 year old son''s name? (I have his PAN card with me) 3) Can I apply for IPOs though minor''s DMAT account on his behalf? Thanks in advance...
I will not be surprised if it list around 700 considering the potential UFO moviez has. Movie industry is booming one and with lot of potential for screens to be digitalized, UFO is going to make huge profits in long run as many screens will turn to digital mode of screening.
The allotment should be done today. Most of the retail investors likely to get full allotment.
OFFER OPENS ON April 28, 2015* OFFER CLOSES ON April 30, 2015* FINALISATION OF BASIS OF ALLOTMENT May 11, 2015 INITIATION OF REFUNDS May 12, 2015 CREDIT OF EQUITY SHARES TO DEPOSITORY ACCOUNTS May 13, 2015 COMMENCEMENT OF TRADING May 15, 2015
UFO - grey market premium moving up becaall weak investors have exited in panic over last few days. Now strong operators hold all floating stock that they will hold, let institutions buy and then release slowly.