subject to 18000 in Ahmadabad. If allotted do not sell hold for 6 months for better return. Sure first day 20% circuit and second day also possible 20% circuit.
Hi Shriny, For mainline IPOs there are no circuit limits (or breakers) on listing day (with exception of BSE IPO which locked at 32% UC on listing - so it is upto SEBI to decide). But for SME IPOs circuit limit of 20% or 10% or 5% is applicable (depending on the definition in RHP). Even day-by-day this circuit limit will reduce (to reduce volatility). Example, Focus''s circuit limit was 20% for first five days, then reduced to 10% and then to 5%. This is done to prevent investors losing money and avoid manipulation. http://www.bseindia.com/markets/equity/EQReports/CFSummary.aspx for more details.
There are no exchange holidays in near future. So the allotment will be out on 31may and listing on 2jun. BigShare usually publishes the allotment little earlier (11-11:30pm on 30may itself) to avoid the load on their server.
I love bigshare for providing allotment information, 5-12 hours prior to what other registrars do. LinkInTime and Alankit are the worst RTAs in this aspect.
SIR I DON''T THINK THERE IS DE GROWTH IN SALE ITS 114 VS 113 IN PBT 3.79 VS 2.86 PAT 2.58 VS 3.22 SIR BIGGEST POSITIVE AS FAR AS LAXMI COTSPIN IS CONCERN IS THAT SALES WILL BE MORE THAT 160 CR. IN 2017 -18 AS THERE NEW PLANT IS OPERATIONAL FROM THIS MONTH.. IF MARKET FACTOR IN FUTURE EARNING IT WILL BE MULTIBAGGAR...
One thing that concerns me from the start is the promoter stake is very low jst 20% ..... Though one positive thing is dividend .... I don''t know what will the market will react ....