Syndicate Bank IPO
Hi all,
My experiences with recent IPO's say, dont apply for listed company IPO and get your money blocked for couple of weeks. If it is a listed company, the market price will come down the IPO offer price(band) once IPO period is over. It happeend with PNB, OBC, Jindal Poly to name few. Always better to apply in maiden IPO's. So I am 99.99% sure the Syndicate Bank will another PNB/ Jindal in making.
My experiences with recent IPO's say, dont apply for listed company IPO and get your money blocked for couple of weeks. If it is a listed company, the market price will come down the IPO offer price(band) once IPO period is over. It happeend with PNB, OBC, Jindal Poly to name few. Always better to apply in maiden IPO's. So I am 99.99% sure the Syndicate Bank will another PNB/ Jindal in making.
posted by Ram's at 2:05 PM
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