Infinite computer services - ipo

Retail oversubscription is 11.07 times

ALLOTMENT EXPECTED

persons applying 40 to 400 shares : may be allotted 40 shares by Lottery
persons applying 440 to 600 shares : divide your application quantity with 11 to know expected allotment quantity

LISTING EXPECTED

since NIB is 106 times and QIB 48 times , Listing may be expected 200+

I am having lil doubt ..
Now-a-days almost all recent IPO is having nearly same or low value compared to price band ..So why not purchase the share directly in the market ?
What benefits it offers if we purchase the share during IPO start when compared to directly from market(lets assume they have same price or current market price is smaller than the price band )??

You will not get "listing gains". Ex: If a retail trader purchased shares inthe recent DPCORP ipo, then he could sell on the first day itself and book 25% profit.

I am not sure of this, but I think some other transaction costs such as brokerage, service tax, STT, cess, etc. will also be saved. Someone will need to confirm this.

1. In some cases, there have been listing losses, in others, gains. In some cases, the listing price been close to the price "discovered" by book building. That's the chance we have to take; whether to buy in the primary or secondary market.

2. As Bunny says, buying in the primary market removes all the transactions costs listed by him. And if the stock lists at a premium, we gain even more.

3. There's also been a recent (revived) trend to offer a "minute" discount on the discovered price to retail investors.

I got it
Thanks bunny and vasa1 for the reply ..