Well actually I have printed asba forms for 59 60 and 61 only
And my bank requires signature of applicant so can't join There will be good chance for one of us if joined 55 lot (only if subscription less than 330)
assuming you have 4 accounts and fund for 6 lots. 2/2/1/1
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August 3, 2024 11:45:47 AM
IPO Guru (1300+ Posts, 1300+ Likes)
Global market were down very heavily. Our indian market was searching the valid reason for the correction. Now it may have received it. Hoping that Nifty will react sharply and in downtrend.
In stock market the timing of Great sale is not fixed. Here in India the sale of goods and clothes are fixed but in stock market it's not fixed. We have to wait for grand Sale in Stock market. But in Stock market when grand sale continues we all can't dare to buy the good stocks at lower valuations. Hence I am preparing myself to be ready to participate in the coming Grand sale and lists out the good stocks for buying it from the market.
Market will behave exactly opposite on Monday. Global investor can't keep money in bank after sell off, they will search for other countries for investment.
Yes, please mention stocks and at what price to buy. These will help us to research and make a sound decisions. Thanks in advance 😃
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August 5, 2024 10:43:06 AM
IPO Guru (1300+ Posts, 1300+ Likes)
Today in opening session of the trading bought Zomato & Suzlon Zomato @251 & Suzlon @68.50 Both stock recovered from here & trading higher.
Zomato is a king of new tech companies. The management is a l so doing well which is reflected in the results. Zomato may also be not affected in case of Recession. If suppose recession comes the large people will sit at home and order fast food which will again benefit Zomato. Zomato have realized our laziness and converted their business model profitable.
There is also good connection between Zomato & 🍅Tomatoes. Tomato 🍅 is a king of our vegetables. No sabzi is complete without Tomato🍅. Irrespective of Tomato prize we all buy it and use it precisely. Same way irrespective of Teji Mandi we order the food 🍲 from Zomato and enjoying it. So all these factors leads me a Zomato Lover. I see the prize of Zomato 1000 + within 4 years. Let's see.
Is there any lockin period to sell the share of SME IPO if someone get allottment in Retail or SHNI category? How these are different post alottment from mainline IPO?
No lockin period. You can sell it same as main board, only difference from mainboard ipo is you can sell only in lots. For eg, if u are alotted 1200 shares (1 lot) in afcom holdings, you have to sell full 1200 shares (1 lot), you cant retain 600 and sell 600 like mainboard ipos
Thanks a lot for your prompt response! I just have one more query as I am new to SME IPO. Is it difficult to sell SME IPO as we have to sell it in LOT at listing gain or later (after few days)
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August 1, 2024 6:44:55 PM
Top Contributor (300+ Posts, 200+ Likes)
Please admin @Admin @ Chittorgarh.com remove this post LM Corporate Capital and share over here GYR Capital Advisors Private Limited...
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August 1, 2024 6:01:42 PM
IPO Guru (1300+ Posts, 1300+ Likes)
Corporate Capital Ventures Limited, a Delhi-based merchant banker that has managed a few SME IPOs, has come under the regulatory scanner for alleged violations of the merchant banking regulations while managing the public issues.
The Securities and Exchange Board of India (Sebi) has already issued a notice to the merchant banking entity and has also named the two directors – Kulbhushan Parashar and Harpreet Kaur – along with a few other entities in the notice.
Can you please elaborate a little about what should one be careful about while chosing the SME IPOs? I mean If some IPO is out for bidding then what areas become worrysome?