Grey Market Premium & IPO Subscriptions on 18 May,2011

May 18, 2011   ·   0 Comments

Grey Market Premium on Vaswani Ind, Sanghvi Forging,  Aanjaneya Life Care, PFC, Galaxy Surfactants.
Most IPO’s in discount showing negative appetite for the stocks right now from investors.

Grey Market Premium for IPO’s

Company Name Offer Price

(Rs.)

Premium

(Rs.)

Kostak

(Rs. 1 Lac

Application)

Kostak

(Rs. 2 Lac

Application)

Vaswani Ind. 49

(Upper Price Band)

Discount
Sanghvi Forging & Engg. 85

(Upper Price Band)

2 to 3
Aanjaneya Life Care 234

(Middle Price Band)

Discount
PFC 193 to 203
Galaxy Surfactants 325 to 340 7 to 7.50 1400 to 1500 2800 to 3000

IPO Subscriptions

Galaxy Surfactants IPO Subscribed

13-5-2011 16-5-2011 17-5-2011
QIB 0.00 0.00 0.00
HNI 0.00 0.03 0.03
Retail 0.01 0.05 0.07
Average 0.00 0.03 0.03

Rajesh Singla

Rajesh is the founder & CEO of Stockssavvy, Stocks analyst,financial advisor by choice,software engineer by fate,biker,gamer,cricket lover n enthusiastic person. He believes in doing things not just to get by but to get Ahead...

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