The Roman Tarmat Limited IPO subscription stats look encouraging. Institutional investor category is oversubscribed and has already been subscribed by about 3 times. Overall, the Roman Tarmat Limited IPO has been subscribed 1.54 (oversubscribed 0.54 times) times the IPO issue size. This indicates the strong apetite for the IPO. Roman Tarmat Limited is a fundamentally strong company and has an excellent track record of making profits for the past 15 years. Apart from that, Roman Tarmat Limited has a very strong order book which gives good earnings visibility for the company. Roman Tarmat Limited IPO is likely to give good listing gains for investors subscribing to the IPO.
Verdict – Apply aggressively at cut off for listing gains (IPO closes for subscription tomorrow)
hi bullishindian,
its quite debatable to apply or not ..,
many analyst are saying not to apply because this company can not get bag big order because in market already established players are present …
So my opinion would be avoid this ipo if QIB QUOTA not oversubscribed by atleast 10 times
check out before applying
(snip : business line article on Roman Tarmat IPO)
@leixir : Based on today’s subscription stats I feel QIB will def oversubscribe by 10 times and hence the IPO will provide listing gains. If it doesnt subscribe by atleast 5 times, then its not worth applying for the IPO
Hi
How we can find out it is oversubscribed tomorrow before closure
The statistics will be available in NSE and BSE site. Same shall be updated in this blog.
Where exactly on NSE/ BSE, latest subscription details are published because when I check I only see last day’s 1700 update.
Thanks for your valuable advice,Bullish Indian.You had mentioned in your earlier message that dlf is commanding a premium of Rs 100/.Is it true?
@keen watcher
click on online graph for BSE & NSE BID
them one pop up window will open where u can see latest update of oversubscription..
It is treated on every hour on nseindia(dot)com
@Ashok – Yes, It was, on the last day of subscription of the IPO. I guess the premium would have come down now.
Thanx. Your site is really good.
@ Keen Watcher – You are most welcome. I’m glad you like the website. Comments like these make my day.
roman tarmet allot.will be out on 03-06.