09 Jul 07 Simplex Projects IPO is open for subscription
The Simplex Projects IPO is now open for subscription. The Simplex Projects IPO opened for subscription today (10th July). The IPO will close for subscription on 13th of this month. Simplex projects limited specialises in BOOT projects, especially multi level parking lots. The Simplex Projects IPO looks interesting. However, I’ve run out of capital and hence will take a call on whether to invest in either Everonn IPO or Simplex Projects IPO on wednesday (tomorrow afternoon) based on the subscription details of Everonn IPO. Personally, I feel Everonn IPO will be oversubscribed heavily and hence allotment will be tough (almost impossible) to get. If such a case does happen, I would prefer preserving my capital to invest in the Simplex Projects IPO. I recommend investors to set aside Rs. 1 lakh for the Omaxe IPO which opens on 17th.
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Reader's Comments
Dear Bullish Bhai,
Like you, I too have run short of funds and though the Simplex Projects IPO looks interesting, I need to take a call on whether to invest in Simplex Projects IPO or Omaxe IPO ? Please guide me on this before expiry of simplex (if possible with reasoning).
regards,
akkbatra.
@akkbatra – I thin both issues are equally good. But since the issue size of omaxe is huge, i think chances of allotment will be more in the case of omaxe. I suggest you take a call on the final day of subscription of simplex projects ipo
Can you tell me what is the grey market premium?
@Malu
Everonn Systems India Lt – 400 – 415 (300%)
Simplex Projects Ltd – 160-170 (90%)
Omaxe Ltd – 30 to 45 (15%)
Omnitech – not available yet.
akk batra
Hi, I haven’t received neither allotment nor refund so far. Has anyone received yet, pl reply?
You can check your application status thro’ cameoindia.com under IPO.
Good luck to you.
Thanks dude, they say amount is remunded through ECS but still I cant see in my account.– rgds