217. Jay here| Link| Bookmark|
May 10, 2024 4:08:26 PM
IPO Mentor (800+ Posts, 700+ Likes)
To all those anxious, fret not; in my opinion, this is not a discount listing candidate. Its premium is set to skyrocket post-issue closure, potentially achieving a minimum 10-12% premium upon listing.
Best of luck to all applicants🙏
सर्वे भवन्तु सुखिनः, सर्वे सन्तु निरामयाः
216. Jsca| Link| Bookmark|
May 10, 2024 4:02:24 PM
Top Contributor (500+ Posts, 100+ Likes)
Guys can u pls share ur final strategy! This one is coming at a decent pe ratio so negative listing chances are bleak , isn't it ? Pls give ur valuable insights for small retailers like us :)
It might be error, Zerodha still shows "you will receive a UPI mandate during market hours. Please accept it by 2024-05-10 5 PM to complete your application." No official statement from SEBI, better not to take risk and approve after 5PM.
Nothing wrong with issue. In normal markets, I would expect it give decent returns on listing. But the market sentiments (as per my limited knowledge) are not favorable and hence, it can impact the listing of Aadhar.
While TBO on other hand is very strong, so even if markets remain red next week (due to any reason), TBO will in worst case decent returns or else good to bumper returns in normal market.
Moreover, as I said, I am diverting funds to SME too where I am more convinced for now (even they are not strong issues, just like Aadhar; but they attract less attention or volatility due to market sentiments).
This listing was already on the cards with this type of market conditions. Stock is fundamentally good, whether to make fresh entry or not is subjective to one's target. From long term view, it is a good stock and I may plan to enter it at current valuations.
201. Aaashish| Link| Bookmark|
May 10, 2024 2:27:10 PM
Top Contributor (200+ Posts, 100+ Likes)