Wonderla IPO

amitrandive

Well-Known Member
#5
smoking 38.7 times oversubscription.
Please Be Discreet and patient, just because an IPO is oversubscribed so many times , does not necessarily mean it will make you money.

I am not trying to discourage you but ,you should know when to book profits and exit to change paper profits into real profits.

There are many instances of oversubscribed IPO's and Ratings of 5/5 or 4/5 which did not deliver money to the investors.

As an example see the IPO's of Reliance Power,Coal India,etc and a whole list of IPO's that flopped.

A guide for you about IPO performance.
http://www.moneycontrol.com/ipo/ipoissues/ipoissues.php?s=LI
 
#6
Please Be Discreet and patient, just because an IPO is oversubscribed so many times , does not necessarily mean it will make you money.

I am not trying to discourage you but ,you should know when to book profits and exit to change paper profits into real profits.

There are many instances of oversubscribed IPO's and Ratings of 5/5 or 4/5 which did not deliver money to the investors.

As an example see the IPO's of Reliance Power,Coal India,etc and a whole list of IPO's that flopped.

A guide for you about IPO performance.
http://www.moneycontrol.com/ipo/ipoissues/ipoissues.php?s=LI
Thank you for the comments. Yes, I understand.

I am not celebrating about the over-subscriptions because I have no idea if I get an allotment or not. :)
 

Einstein

Well-Known Member
#7
can anyone provide me financial documents of wonderla?? I tried call them no one is answering, neither they have financial documents uploaded on their website...!!
 

amitrandive

Well-Known Member
#8
can anyone provide me financial documents of wonderla?? I tried call them no one is answering, neither they have financial documents uploaded on their website...!!
Einstein

Doesn't look like much is available.Just found some links.

Looks like they are betting heavy on the bullish sentiment in the market.

http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=114403688

http://www.business-standard.com/ar...cr-riding-on-wonderla-ipo-114042400842_1.html
 

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