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Indian Stock Market. Investment Guru's Corner
198 hits
| Apr 05, 2005 11:57 pm |
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re: New IPOs / Allahabad Bank & Gokuldas |
Sabyasachi Roy Chaudhuri
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Following is the advice I could gather talking to varous stockphiles about retail subscription to Allahabad IPO...
Many felt that when the newly issued stock comes back to the market after the Public offer, it would hover between 82 and 85. It may be better to buy then from the secondary market instead of getting 3 times the money (expected 3 times oversubscription) stuck for one month (maybe more time , note the MCS of ONGC fame is the registrar).
Gokuldas- Good issue - but ma7y be wildly oversubscribed.
Regards
> mOtu rOhit wrote:
> Hi Ppl,
>
>Any Call on new IPOs, is it worth puting/parking some amount on any of these IPOs/Offerings. (GEL | SCL | ALBK )
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>Gokaldas Exports Ltd
>Shringar Cinemas Ltd.
>Allahabad Bank
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>Regards,
>Rohit Mehrotra (Hyd)
>9849491661
>
>Private Reply to Sabyasachi Roy Chaudhuri (new win) |
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