Originally Posted by Master
Grey markets (GreyMarket or GMP) work in two ways in India. It decide the premium of an IPO which is not yet listed in Stock Exchange and it also allows investors to sell there application or allocated stocks at certain premium before they list.
Day 1 - Final figure
Q I B : 2.8264 TIMES
H N I : 7.5347 TIMES
RETAIL : 0.8828 TIMES
EMPLOYEE : 0.0352 TIMES
I think we have to go for this IPO for listing gains. Your views guys.
Some Ratings on this IPO by experts -
Business Line - Avoid.
Angel Broking - Avoid.
SPA Securities - Subscribe.
Even after giving avoid rating by above experts, It got subscribed by 3.5% on 2nd day. -
Q I B : 3.9836 TIMES
H N I : 9.4302 TIMES
RETAIL : 1.1040 TIMES
EMPLOYEE : 0.4264 TIMES
Overall : 3.5672 TIMES
I am going for this IPO for listing gains.
Anybody got any idea about current grey market premium for the IPO?
Don't look for grey market price, nothing authentic about it. Analyse yourself and apply. Also avoid the expert opinions also. Apne akal lagao.
Pipavav Shipyard Ltd IPO finally subscribed 8.25 times. What are my chances of getting allotment, I have applied full application at cutoff price?
In order to get a Loan, you first need to prove that you don't need it.
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