HI
I have subsctibed L&T IPO at cut off price (58) now i listent that co fixed his share price at Rs.52
so at which price co had to allot share to me?
Santosh Kr.Mishra (To Become a Chartered Accountant) (104 Points)
02 August 2011HI
I have subsctibed L&T IPO at cut off price (58) now i listent that co fixed his share price at Rs.52
so at which price co had to allot share to me?
Ramalingam K
(Founder & Director - Holistic Investment)
(21077 Points)
Replied 06 May 2014
IPO’s or initial public offering is best understood as the first public offering of shares by a private limited company before listing in a stock market. Looking down IPO’s history of success and failure stories, you would be smart to first fully understand the various aspects behind such offerings and makes the right choice to invest or not in IPO’s. It is advisable to understand that investing inIPO’s could prove risky with unfavorable market situations and sentiments and when the fundamentals of the company and industry are weak. It is best to go by facts, avoid being influenced by rumors and have a closer look at the past performances also.
https://www.holisticinvestment.in/before-investing-in-ipo
Regards
Ramalingam K, MBA, CFP,
Director and Chief Financial Planner,
Holistic Investment Planners
“Best Performing Financial Advisor Award” Winners from CNBC TV18
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