IYG ipo rating :
IYG rating s explained :
Strong apply- if expected fair price is above 50 % the upper price band /good fundamentals
Apply - "if the expected fair price is above 20 % ,less than 50 % /Good long term prospectus ,but overpriced now .
Neutral - "if there is lack of clarity about the company or if the present market trends are volatile . such ipos may or may not perform well .
Avoid - "when the ipo stock is offered at a price much higher than peer stocks and when there is no unique factor in it .
Please use these just for reference only , read our disclaimer statement very carefully .
IYG- Ipoindia yahoo group
Strong apply- if expected fair price is above 50 % the upper price band /good fundamentals
Apply - "if the expected fair price is above 20 % ,less than 50 % /Good long term prospectus ,but overpriced now .
Neutral - "if there is lack of clarity about the company or if the present market trends are volatile . such ipos may or may not perform well .
Avoid - "when the ipo stock is offered at a price much higher than peer stocks and when there is no unique factor in it .
Please use these just for reference only , read our disclaimer statement very carefully .
IYG- Ipoindia yahoo group
