Power Grid Corporation Of India Ltd. will list tomorrow, on 05th October, 2007.
The few lucky people who have been alloted shares are suggested to hold them till Feb-March'2008. Sell them just before the budget, you are bound to get 250-300 per share.
Also, following the PGCIL is the RURAL ELECTRIFICATION CORP. LTD. & RELIANCE POWER LTD. These 2 are massive IPO's and a true invester should apply in these.
All those who got in iPo, dont sell it in a hurry. You will never get this stock again at 52. Target 200 for sure. In long term it may go beyond that. If you by chance get it at 60s or 70s collect it. Power sector is rocking so hold on..