Premium of 27%
Damn i should have applied for this IPO
Saw grade 1 ratings and thats why i didn't applied.. CRISL/CARE ratings are really misleading.. on the other hand ganesh jewelery got 3 rating and it has burned investors
Really how to decided IPO .. My guess is wait for last day and see the oversubscribe ratio and then apply but promoters can mislead this too right ..
I applied for it didnot got the shares as said before...
I applied because not of fundamentals but being the first in this feild to list...Same as Jubilant foods was.....
And the +ive News added to the trigger.....
No doubt ull see it down..because greece problem is over but soon Other countries will start bleeding
Regarding ganesh jewelery ...i have 50 shares in it....got on listing date for 176.....I wanted to apply for it because of ratings..and now caught in it...but now expecting to get return as a long term Bank fd giving atleast 7-10% at-least to console myself.....I am sure it wont turn bad...Because my personal experience is shares whichever i have invested if i had hold for more than 5 years each one would had given me more than 250% return of investment excluding 1....the one through which i enter share market...RELIANCE POWER
Superman now from your experience in this invest in an IPO which is the first in its sector to list..But ya at good listing provided not like rel power of 450 buks or something