Out of retailers 21 lakh shares, only 965000 shares traded upto 10.40 so retailers still holding shares. If traded qty near to 18-20 lakh then only upper circuit possible else not. One need to add BSE qty also to arrive conlcusion.
@ beena. It is difficult to advise someone whether you buy or sale IPO holding. However I am happy whenever I am getting allotment and IPO allowing me exit more than 30%. For Investment, there are lots of scrip in exchange. I am applying IPO only to exit on listing, no matter if it trades above my selling later. No one can buy at lower and sale at higher in market so I am.
People may claiming that they given hint abot lower circuit (yes after issue listed, after 9:45 by seeing sell order)....but some also be there that they had given the whole company valuation even before subscription opens ...yes!
Today''s highest market cap was 1000cr.
Market kid (Jan 10, 2018 8:25:50 PM IST)
For: Apollo Micro Systems Limited
Oh my goodness! Bahut din baad koi useful msg dekha.
Gamble bruh, very impressed by seeing word " high entry barrier bussiness " twice.
so, M.cap of 1000cr should not be much high, according to Market kid :-)
so price should be 480 rs.
...... Ended ........
Now, If someone wants to participate Indian defense story , may enter below 363 rs (gamble''s Fair value ,yes also given before subscription opens ) if come.
People claiming that they have given hint abot lower circuit(after seeing much sell order may b, after issue listed )and yes actually they have given but i also urge to member that, some people given exact whole company valuation even before subscription opens.
Market kid (Jan 10, 2018 8:25:50 PM IST)
For: Apollo Micro Systems Limited
Oh my goodness! Bahut din baad koi useful msg dekha.
Gamble bruh, very impressed by seeing word " high entry barrier bussiness " twice.
so, M.cap of 1000cr should not be much high, according to Market kid :-)
Initially the opening price showed as 505, which was gradually reduced and now it shows as 495 on NSE. Experts can you please throw some Prakash Padukone on this..