Primary market is back in boom after lying low for quite some time. Other than PSU FPO or IPO. Private sector IPOs are getting subscribed more than 50-100 times. QIBs and NIIs are subscribing almost more that 100 times.
Is there a strong appetite or it is a signal that a bubble formation has started and its time to exit. Only coming time will tell whats the truth.
REC FPO though just managed to subscribed has given substantial gain from Rs 203 FPO price and current price of Rs 255. Retail got full allotment on 1 lac because of low response and are sitting on a healthy profit of Rs 25000.
NMDC is also around Rs 350 and retail is going to get at Rs 285 with gaurantee of almost full allotment.
Other IPOs are getting subscribed 40-50 times and getting allotment is almost luck or you might be lucky to get 1 lot which doesn't make much profit.
I think now is the time to think which company offers good long term benefits and go for it even though the IPO/FPO might not be getting subscribed. If your conviction is correct then you can make huge amount of money.
Lets see how the coming IPOs fare. Here are few which must be watched
#NMDC
# IL&FS Transportation Networks Limited
# PRADIP OVERSEAS LIMITED
# PERSISTENT SYSTEMS LIMITED
# SHREE GANESH JEWELLERY HOUSE LIMITED
# IL&FS Transportation Networks Limited
# PRADIP OVERSEAS LIMITED
# PERSISTENT SYSTEMS LIMITED
# SHREE GANESH JEWELLERY HOUSE LIMITED
3 comments:
失意人前，勿談得意事；得意人前，勿談失意事。........................................
There are a lot of stock tips services i agree, but what's the best in it. its definitely the stock4gains, because of its accuracy and expertize in delivering the stock tips.
Stock market is a place where people can earn money and can loose quick money. Still if we see on the positive side many investors have changed there fortune just by investing money in the stock market. Now the question is how come one can earn money from stock market?
One should make it clear that by any mean stock market is not for gambling. Stock market investments require lot of hard core research. Any investment in share market if done with proper research can be fruitful else no one knows if it’s done based on speculation. Now another question is from where to get all the information. Well for that one can start reading newspaper, following good stock market sites, watch out NSE and BSE closely and use internet as major tool for research off course with many technical analysis tools and fundamental data.
Regards
SHARETIPSINFO TEAM
Post a Comment