GRAVITA INDIA LIMITED

POSTED BY TheZionView ON November 1, 2010 12:48 pm COMMENTS (2)

GRAVITA INDIA LIMITED IPO is on from today

I see many recommending for listing gains.Can someone explain what is this ,is it selling the stock on the day its listed ,which is expected to go up?

Do anyone have idea on this stock value?

2 replies on this article “GRAVITA INDIA LIMITED”

  1. rakesh says:

    It was subscribed over 35% in retail category.
    Wonder how many shares will be allotted to each of them.
    Its all about luck here.

    Rakesh

  2. rakesh says:

    Looked at the results for the last few years and it has done a decent job. Moreover the retail category was subscribed 4 times and there is still one more day to go. I guess it will subscribe 7-8 times by the way its going. Even the employee quota was fully subscribed. So if you have applied for 800 shares you might get 125 – 150 shares. So even if it lists 10 rupees more than the IPO price you can make at least 1500 profit. But no one can guarantee that. Market sentiments is key. Lets wait for the big listing on Thursday, Coal India as that will show us how the market will behave in the coming days.

    Rakesh

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