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Cummins India - Listed , may gain. PLEASE RECHECK THIS
Cummins India is a blue chip share , now Rs. 2 paid up.
When Cummins India came up with its IPO in 1960 s it was named Kirloskar Cummins and the share was Rs. 100 paid . My father participated in the IPO and got full allotment. He told me that on listing , initially the share quoted below par. He paid the allotment money and Call money with interest , only after he got a forfeiture notice .
Disclaimer : We carry no Competence to Guide / Advise
Caution :The blog writer has personal/ family members' holdings in Cummins India , so please make suitable "provisions " for likely over optimism
( NB : All information given in good faith. Please recheck all facts before taking any investment decision.
No responsibility taken by this author / blog . )