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Thread: IPO Details - Coal India Limited

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  1. #1
    PolicyWala Newbie
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    S.P. Tulsian - Black diamond in demat form!
    Issue is recommended for investment, even at the upper price band of 245 per share. Retail investors, those who want to play safe, can sell their application at a premium, which is now ruling at Rs. 3,700, for application of 1 lakh. Those who are applying for 1 lakh, can expect an allotment of around 200 shares. This is likely to give a gain of about Rs. 4,800, considering discount of Rs. 12 per share and grey market premium of Rs. 12 per share, prevailing now

  2. #2
    Moderator CONFUSED's Avatar
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    Quote Originally Posted by mukesh View Post
    S.P. Tulsian - Black diamond in demat form!
    First time I am seeing his 'go for it' recommandation.
    Rules/Guidelines at PolicyWala | Help Old People |
    I am speaking from experience and my own personal views above - I am not an advisor, nor an expert.

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