BCB Finance IPO opens on February 23.

DATE: 23-27 Feb 2012

Fixed Price: Rs.25

Listing on BSE's SME platform.

More Details: Link

Any chances of getting shares with application of less than 10,000 rupees?

I guess this stock will be manipulators' bet.

Issue Detail:

»» Issue Open: Feb 23, 2012 - Feb 27, 2012
»» Issue Type: Fixed Price Issue IPO
»» Issue Size: 3,540,000 Equity Shares of Rs. 10
»» Issue Size: Rs. 8.85 Crore
»» Face Value: Rs. 10 Per Equity Share
»» Issue Price: Rs. 25 Per Equity Share
»» Market Lot: 4000 Shares
»» Minimum Order Quantity: 4000 Shares
»» Listing At: BSE

It will be best to avoid this IPO.

This stock will go in the "trade to trade" segment from day 1.

It won't be easy to manipulate this stock.

Also after recent action that SEBI has taken against IPO manipulators, manipulators will stay away from the markets for some time.

BCB Finance will be the first stock to list on BSE's SME platform and so I am not sure if it will be available for trading on online platforms of brokers on day 1 or not.

As Prudent_Investor said it is best to avoid this IPO.

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Just to give you all an update on this, it listed at +8% and LTP was 25.30 on the BSE's SME exchange.