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With markets bottomed near 10100 and looks to make fresh highs.....
It seems that Bharat22 will have 3 day weighted average price coming low.
15th Nov - 36.74
16th Nov - 37.07
17th Nov - 37.24
Average should be near 37.02
After 3% discount it would cost 35.90
Predicting markets making new top in next two weeks, we can forecast price of Bharat22 to be 38.5.
This will give a margin of 6% on listing day to allottees.
At Rs 2 lacs application you get 5550 units and at 38.5 it would give a profit of Rs 14300
@37.25 todays rate = 7500 profit
Or @ 36.75 low rate of few days back = 4600 profit
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