Precision Pipes and Profiles IPO Allotment Chances

December 19, 2007

Precision Pipes and Profiles IPO Allotment chances look moderate for the investors who have applied for this issue. Overall subscription figures of the IPO looks good and basically the IPO being very small the issue is over subscribed very well. Retail investors category is also subscribed very well and investors who have applied for the maximum amount can expect firm allotment in the Precision Pipes IPO. Keeping in mind the Grey market premium of Precision Pipes and Profiles IPO which is quoting at Rs. 30 the issue is expected to list around Rs 175 and investors should make around 20 per cent returns on the listing. Precision Pipes IPO Allotment is expected in the second week of January 2008 and the listing further one week down the allotment date. More updates and information regarding the Precision Pipes and Profiles IPO Allotment and listing will be updated here as it is available. Read us regularly for updates on the Indian IPO’s and for updates on Precision Pipes IPO Allotment.

Posted in IPO-Allotment, Indian IPOs