Excellent..........Now you have proved that why anyone on this forum should not believe recommendations by anyone else but use there own brain around information available openly.
ON NSE NOW r. No Category No of Shares offered/Reserved No of shares bid for No of times of total meant for the category 1 Qualified Institutional Buyers(QIBs) 39,34,425 84,62,349 2.15 1(a) Foreign Institutional Investors(FIIs) 14,37,807
HELP! i have applied application through offline mode(filling form in bank)but now i can't withdraw the application since bank says window in closed So i have applied 2nd application through upi (as i have heard 2 application cancels both the bid)
So should i approve the mandate ?will it cancel both the bids or will i get 2 slots
(Just clarifying I want to cancel both the bids) So what should I do
It's heard that many retailers have already withdrawn their applications through asba but this figure is not reflected. So actual successful figure is less than what it's showing.
Also, many retailers are applying through upi and they are waiting for NII/QIB data. After seeing subscription figures, no retailers will accept autopay upi mandate.
The low traffic of comments on this forum is a good enough indication that people are not interested at this counter. The market sentiments are such that it will list in red. Due to COVID 19, lots of retails investors already lost their savings in March and April, 2020. So it is better to avoid overpriced IPOs.
There are better opportunities available with many more reasonably priced IPOs in pipeline.
185. Ankur Goel| Link| Bookmark|
September 24, 2020 2:54:59 PM
IPO Guru (1300+ Posts, 600+ Likes)
Finally QIB subscribed two times. Issue sails through.