Wednesday, July 18, 2018

TCNS Clothing IPO Subscription Numbers & Status, IPO Subscribed 5.22 times

TCNS Clothing ipo to hit the market on 18th July and ends on 20th July.  As the grey market is stable around 20-30 rupees one can go for long term. Even brokerage firms are giving reviews with long term investment. As HDFC AMC ipo is around the corner one can wait and go for the same for short term gain. TCNS might be good for long term as PAT looks impressive but still short term investors will leave this for sure. Lets see how subscription numbers comes. Check TCNS Clothing ipo gmp by day to day.

TCNS Clothing IPO Subscription: (Fully Subscribed)

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TCNS Clothing IPO Review:
  • Apply for Long Term
Brokerage Firm Reviews:
  • Prabhudas Lilladher: Subscribe
  • Centram: Subscribe for Long Term 
  • Investmentz: Subscribe for Long Term 
  • Arihant Capital: 3 Star Rating
  • Choice Broking: Avoid
  • Hem Securities: Subscribe
    TCNS Clothing IPO Dates & Price Band: (Tentative)
    • IPO Open: 18-July-2018
    • IPO Close: 20-July-2018
    • IPO Size: Approx Rs.1125 Crore (Approx)
    • Face Value: Rs.2 Per Equity Share
    • Price Band: Rs.714 to 716  Per Share
    • Listing on: BSE & NSE
    • Retail Portion: 35%
    • Equity: 15,714,038 Shares
    TCNS Clothing IPO Market Lot:
    • Shares: Apply for 20 Shares (Minimum Lot Size)
    • Amount: Rs.14,320
    TCNS Clothing IPO Allotment & Listing:
    • Basis of Allotment: 25-July-2018
    • Refunds: 26-July-2018
    • Credit to demat accounts: 27-July-2018
    • Listing: 30-July-2018