SJVNL IPO will hit market by Apr 29

[obulix]

Satluj Jal Vidyut Nigam to raise about Rs 1,200 crore will open for IPO on Apr 29.
Will there be a good response to this IPO ?.

As a retail investor, can i go for this ..

Please advice.

 

[magnet]

Satluj Jal Vidyut Nigam to raise about Rs 1,200 crore will open for IPO on Apr 29.
Will there be a good response to this IPO ?.

As a retail investor, can i go for this ..

Please advice.

It might be priced around 30...and as we can see nhpc which was for 36 trading around 31...I wont say bad pricing

But dont invest if u want listing gains...u will see good appreciation 2-5 years down the lane...If listed at that price....If it comes at 30 i might invest between 22-25 for shorter long term bet(ard 1-2 years)...No doubt even LIC will bail this ipo out...

If u still wanted to invest in government ipos wait for FPOs like nalco FPO,or dreadging corporation in future or even SAil i guess coming with FPo