If u still sure the share will give better return ..track it for 10-15 sessions and if their isnt a big fall...surely this will give atleast 10-15% more within a year...
Similarly i am tracking mandhana ...it cam ard 135 i guess..remain their only and today 165......
Cut off bids have nothing to do with allotment or any guarantee for allotment in IPO.
Its only a method for bidding price . if a issue has price bid of 95 to 100,NIB and QIB are required bid with specific amount . Only Retail investors are allowed to bid at cut off , i.e. 100 , with an understanding that what ever price is decided ,he will be allotted with that and balance difference amount ,if any,will be refunded.
Cut off bids have nothing to do with allotment or any guarantee for allotment in IPO.
Its only a method for bidding price . if a issue has price bid of 95 to 100,NIB and QIB are required bid with specific amount . Only Retail investors are allowed to bid at cut off , i.e. 100 , with an understanding that what ever price is decided ,he will be allotted with that and balance difference amount ,if any,will be refunded.