Sould you Subscribe?
There will be 2 types of investors who are going to subscribe for BSE IPO. The investors who are looking for 15-20% gain on listing might go with it. The IPO will surely give good return as market outlook is positive. Budget 2017 is on the way and BSE IPO might list around the Budget 2017 dates so if Finance Minister Arun Jeitley give positives then BSE IPO will zoom to 25-30% but still there is a hope of 15-20%.
Read More:
BSE IPO Dates & Price Band
BSE IPO Grey Market Premium
What is BSE IPO grey market premium?
As on today BSE IPO grey market premium is around 100 rs so on can expect around 10% of the IPO price while it might get increased after the IPO price fixed. Still the IPO price is estimated around Rs.800 – 850 but let’s hope what it will come out.
The last IPO was Laurus Labs and it was few weeks ago so investors might have good money and BSE IPO will get good subscription over the time. It might subsribed around 10-12 times in retail while QIB and HNI will get 50+ times in subscription.
Let’s wait when we get the exact numbers for the same.
