How Burnpur Cement IPO will perform?
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Listing at a premium of 20rs i.e.it will touch around 35 then stabalise at 30.
Good for long term(4 months)
http://www.moneycontrol.com/india/news/ipo-issues-open/avoid-burnpur-cement-ipo-spa-sec/12/25/315151
Here its a strict no no.
However ICICI direct has recommended it.