Emaar MGF IPO Allotment Chances

February 4, 2008

Emaar MGF IPO Allotment Chances look good as the IPO is going to generate only moderate response from the investors. Overall Emaar MGF IPO Subscription in the Retail Segment is expected to touch around 2-3 times and investors who have applied for more than 40 shares will definitely get allotment of Emaar MGF IPO. Subscription figures of Emaar MGF IPO doesnt look as good as the recent big IPO and if we compare to the DLF IPO the Emaar MGF IPO has generated the same kind of response from the investors. Grey Market Premium of Emaar MGF IPO is quoting around Rs. 75 to Rs. 100, so investors will not be able to get bumper returns like the other IPO’s but investors with long term horizon should be able to get pretty decent returns like the DLF IPO. Emaar MGF has quality land bank across India and Emaar is one of the largest realty companies in the world and with the realty experience they have, they should be able to do well in the Indian markets as well. Emaar MGF IPO Allotment is expected in the last week of February and listing further one week down. Do check back later for Emaar MGF IPO Allotment.

Posted in IPO-Allotment, Indian IPOs