SME ipo Arvind closed today. Retail subscription 321.97 %. 50 % shares for retails. Retails will get 518 lots (3000 shares per lot). Against 518 lots applied 166779 lots. 518 person is lucky who get.
103. Som mca| Link| Bookmark|
October 16, 2023 6:27:23 PM
Top Contributor (300+ Posts, 200+ Likes)
This company's web site not opening, due to heavy traffic, doubt about the fundamentals.
Anyone still holding Magson Reatil? Has been a serial underperformer till now given its great fundamentals. Additionally, they will open 10 more stores with IPO proceeds.
Technically, the chart looks ripe and primed for an impulsive move given that price has been consolidating in a range for more than 60 trading sessions now. Thinking of buying 2-3 lots if it gives a decisive closing above 86.
Thoughts are welcome from anyone who has been tracking this?
Anybody else has got 3rd party allotment in recent SME ipo ? Recently I have got 3rd party allotment in mainboard ipo only in retail category. So please clarify if it is working in SME or not ?
I was just joking, even I am not sure if an Individual can become a Market Maker. I was making the comparison: how small SME IPOs are and how bigger an investor like yourself @ajnabeedost@AJS are
What's the meaning of playing this block/Unblock game in SME IPO!! I have been applying as retail in most of the SMEs since 2022 January, but till now haven't got a single allotment. It feels like allotment is not for the retails. Or May be my luck is never in my favour. Anyways, all the best for everyone.
89.1. MVP| Link| Bookmark|
October 16, 2023 3:39:05 PM
IPO Guru (1500+ Posts, 1100+ Likes)
You are playing block Unblock game since Jan 2022.
Limited funds😋.... and with the current subscription until you have crores to block... everything is lottery, so just bought 5 lottery tickets, let's see if my luck helps me win the SME IPO lottery🤞🏻🧿💸🪙