Smart pickup in HNI & QIB subscriptions...will end with very healthy subscriptions clearly. Perhaps, release of capital from last night and today morning of last 4 IPO''s are beginning to show their impact. Chemplast continues to be a laggard though, somehow, even though I believe that the Company and its valuation is not as bad as the subscriptions indicate. MARKET is BOSS though! Keep minting!
senier members plzz tell me... if i will apply from RBL BANK 3rd party, and suppose get low subscription to this ipo in retail quata ,,,, so will i get allotment 3rd part allotment in rbl bank or application will be reject ???
You will be lucky and get confirm allotment if it''s undersubscription case in RII and you have to be lucky when oversubscribed as it''s complete lottery.
just example,,, if i will apply from RBL BANK 3rd party, and suppose get low subscription to this ipo in retail quata ,,,, so will i get allotment 3rd part allotment in rbl bank or application will be reject ???
Interesting to note that subscription performance of IPO''s is directly proportional to number of messages by boarders on respective IPO pages of Chittorgarh, anecdotally speaking! :)
86. PSR| Link| Bookmark|
August 12, 2021 12:43:53 PM
IPO Guru (1300+ Posts, 700+ Likes)
There may not be any listing gains.
However, it may follow the pattern of AAVAS Financiers, where listing was at discount and after a brief period it has given reasonable return.
I have not applied yet, however I will take a call at 01.30 PM.
I have applied 3 lots for this ipo, a 10% NIM is unheard in this sector, I feel this IPO is potential multibagger , although financial is expensive but look at competition even Aavas fiance trades at 8x p/b , with similar businesses, don''t fall for negativity go for it, the allotment chances are very high
82. Eagleye| Link| Bookmark|
August 11, 2021 10:38:04 PM
IPO Guru (6600+ Posts, 22000+ Likes)
Teach greedy promoters big lesson by avoiding such costly ipo.
Agreed???
80. arunARUN| Link| Bookmark|
August 12, 2021 9:39:32 AM
IPO Guru (2000+ Posts, 1700+ Likes)
What is the IPR in housing finance business? Claims for same are yet to be proven. You may apply with risk of likely allotment and poor listing as 7 out 10 possible outcomes. New scripts have zero trading history that is why people get charmed