19.2. lokes| Link| Bookmark|
August 7, 2021 8:56:44 PM
IPO Guru (4400+ Posts, 5100+ Likes)
Thursday is last day to apply so if someone will sell shares in secondary market on Monday then only money can come in bank account by Thursday....so Tuesday Wednesday selling won''t help in getting money for IPOs, ya new money coming in secondary market may become less
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17. arunARUN| Link| Bookmark|
August 5, 2021 10:54:18 PM
IPO Guru (2000+ Posts, 1700+ Likes)
Major reasons for many IPOs bunching in August is the fact that foreign investors are not supposed to rely on accounts data older than 135 days. Which from 31st March comes out to 12 th August. It is more true for anchors. Who have to given internal rationale for buying. They can not by law invest in companies whose financials are older than 135 days and show reliance on those financial numbers So next rush we will see around Nov 1st and 2nd week
For IPO''s which need to be marketed in US, the financials available mustn''t be older than 135 days.
SEBI however mandates that financials shouldn''t be older than 6 months on issue opening date and hence managements and BRLM''s which are ok to skip US roadshows and market in geographies other than US can still come with IPO''s beyond mid August.
It''s intentionally done by sebi, Gov or some master mind business man so that people don''t manipulate primary market.. and funds get divided.. 🧐🧐 just a thought. 🤔🤔
12. Eagleye| Link| Bookmark|
August 5, 2021 7:48:28 PM
IPO Guru (6600+ Posts, 22000+ Likes)
Aptus IPO GMP = No Trades
11. arunARUN| Link| Bookmark|
August 5, 2021 10:24:24 PM
IPO Guru (2000+ Posts, 1700+ Likes)
very high price to book ratio. We have seen similar company Homefirst with high price to book ratio. Never made money for investor despite rise in index
10. hchc| Link| Bookmark|
August 5, 2021 1:27:08 AM
Top Contributor (400+ Posts, 900+ Likes)
When market will be DOWN, most probably next year after US stimulus is curtailed (interest rate raised). The people will remember the good old days ( month of Aug 2021), when you put your hand on anything and it will rise 30-95%.