DLF IPO :What do you think the price of DLF IPO when it will be listed?
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Same as with all new issues … the ‘underwriters’ will ensure they go to an immediate price premium (so they can sell their pre-allocated discounted shares at an immediate profit to all the poor retail mugs who will pour in and be promptly ripped-off).
After a few weeks or months the price will fall to it’s ‘natural’ level.
Every one will be happy (except the mugs who are left holding the over priced baby).
Unless you are allocated discounted shares, and sell as soon as the market opens, forget it.