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The IPO of BSE Ltd (Bombay Stock Exchange) closed with over subscription of 51 times. Taking into consideration the huge demand for IPO, the BSE stock is likely to list between Rs 950-1,000 per share, as per grey market premium.
Shares of BSE will be listed on NSE on 3 February 2017. The shares were issued at Rs 806 in the IPO which closed on 25 January 2017. The allotment process will be done on 31 January 2017 and shares will be allotted on 1 February 2017.
Since the IPO saw huge demand from investors, an individual investor is likely to get very low or nil allotment.
For buying or selling shares of BSE or any other companies, please click on https://buysellunlistedshares.com/buysell/
The recent market buoyancy has triggered an IPO boom. Companies with good fundamentals are seeing huge oversubscription leaving investors with nil or low allotment. This is very annoying as there is a loss of opportunity to make profit in form of listing gains.
Also investors would be disappointed by nil or low allotment as IPOs are an entry point for many new investors who begin their stock market journey.
To address this situation, investing in stocks at a pre-IPO stage makes sense. The biggest benefit is getting the assured desired quantity. Also there is price benefit. This wealth creating tool was earlier available only to institutions, private equity investors and high networth investors.
But now, retail investors can also take benefit of such multibagger returns from investing in unlisted shares. Many fundamentally good companies will be floating their IPOs soon. For more details and buying pre-IPO shares of all companies about to bring out IPO soon, please call on 08108234400 or place your trade details here https://buysellunlistedshares.com/buysell/