A look at the bid details of LANCO and PARSVNATH

The public issure of both the infrastructure and real estate playrers closed on Friday with huge amount of over subscription in both of them.

• Parsvnath Developers Ltd. - Bid Details
  

Cut off @ 300
QIB oversubscribed by 81 times and Retail by 10 times

With so much interest I think this may list at arnd 400 and may end the listing day around 450.

• Lanco Infratech Ltd. - Bid Details

Cut off @ 240

QIB oversubscribed by 18 times and Retail by 2.5 times

Though the oversubscription is not at much as that of Pvnath. but this stock will also show good gains on the listing buy my idea would be to get the profit on the listing day as it may slide at lower levels in following days and then one can again buy at lower levels to have short term quich gains.

Analysis of Previous of Picks

Gmr Industries +53%
India Bulls +25%
Patel Engg +17%
HLL +13%
Dabur +7%
BHEL +2.5%

These were the top performers among the picks( in one month time) put up by me and rest of them were more of less at their recommended rates.