Now they have got an extension till 7th Feb. They are desperate to get even 1 time subscription.They can't fool the public by coming with such a high priced IPO. Apollo hospitals is definitely a better buy from the secondary mkt than applying for Wockhardt
Fair value for this IPO is between the Range of Rs.125 - 150. Grey market already is showing DISCOUNT on this IPO. Wait and do not apply, looking at current subscription either company will have to return Money back to Investors and cancel listing. One should count him lucky if he gets refund from company, but if company decides to list then in a months time share price will go between the Range of Rs.125 - 150. So Adviced NOT TO APPLY for this IPO. Give it a pass
My god, look at the guts of Wockhardt. He still thinks we investers are gullible. I say we should invest in better paying companies like IRB and Manjushree.
THE IPO IS NOT OUT YET IT WAS SUPPOSED TO BE OPEN TODAY. THE WILL REDUCE THE PRICE TO 225 TO 260 FROM 280 TO 310. COMPANIES WERE TAKING INVESTORS FOR GRANTED AND KEEPING HIGH PRICES.
ADVICE: WAIT AND WATCH FOR THE IPO TO OPEN NOW ONE CAN THINK OF INVESTING AS THE PRICE HAS REDUCED TO 225 TO 260 ALMOST REDUCTION OF RS 50 AT HIGHER END. HAPPY INVESTING.
Guys, do not apply for this expensive IPO. The P/E is around 170 on the upper band when experts are skeptical about the sensex trading at a P/E of 16 times. Apollo hospital is a better bet which is around 20times. It will list below the issue price on day one, so do not put your money on a losing horse
I was quite interested in this IPO, But after seeking advice from experts and upon checking the result of Fortis IPO. I have decicded to keep myself away from this investment.
indian healthcare services has still a long way to go as compared to their european & american counterparts.going by the past,momentum has been seen in sector specific stocks.healthcare sector is at rock bottom.hence wockhardt hospital is a big turn-off