11 July 2016

Greymarket, Kostak, Recco: L&T Infotech IPO : DO NOT APPLY

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 Greymarket, Kostak, Recco: L&T Infotech IPO 

IndiaER recco:: DO NOT APPLY

 Price Range

Rs 705 to Rs 710
DiscountRs 10 to Retail Category only
 Kostak: 700
 Grey Market premium : Rs 63-70

Retail investor unlikely to get any share- retail can be subscribe 20x -40x. No use applying and locking money when allotment chance is very low. IndiaER team suggest not to invest as upside is low and risk of getting share is also low.

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