Premiums have crashed to 27/28 Now ( New Low ) , So one more lackluster Listing coming on Wednesday
I am expecting 6-10% premiums , The company is Fundamentally Very Strong
1.A listing below 6% premiums is not possible AS OF NOW , But if lists it will be A good chance to grab this quality stock
2.If lists between our expectation of 6-10% will hold maximum One can book the shares if profit only and can hold remaining quantity . This will give a cushion for 10% downside and also keep you eligible for post listing action Win-win on both sides 3.If lists Above 12 % , can book 30-50% quantity and hold rest .
According to my Approximations and Sources , Stock will pick-up post listing It's just a operator game to list below so that big HNIs and FII'S can grab on lowest level possible. They will try to give small shocks like selling pressure types so that retailers give up their shares in open market and Funds buy them
Moral Of the story - 1.Kundli Marke Beth Jao 2.BUY RIGHT , SIT TIGHT
One possible reason for less than expected listing in pre open apart from operator game may be anxious SHNI and BHNI allottees rushing to flip full or part quantity at whatever little profit they get. JSW Infra listed at 144 against issue price of 119 ended the first day at 157 plus and now steady at around 200 levels. That shows it is better to hold fundamentally strong shares for a while instead of flipping on the day of listing.
400.2. ipobull| Link| Bookmark|
November 13, 2023 1:00:59 PM
IPO Guru (1000+ Posts, 1000+ Likes)
Both the gentlemen, Rightly said. I got one out of 3 SHNI applications.
As a value investor and I will go by My analysis - market reaction, treatment and analyst views be damned.
As long as valuation does Not justify selling I'm Not gonna sell...
Unable to understand what is bothering market so much that they grey premium is so low, yes they have revenue concentration, some debt, may also have liability, a loss making subsidiary but at the end of the day they Also have decent profit, cash flow and 2000 crore topline and they are JUST asking 5000 crore valuation.
NOT at all greedy or unjustified. Nahi sell kar raha mai toh, paisa doobe toh doobe....
@New Kid On The Block Looking at each and every point specifically does not happen in Grey imo, GMP may or may not be influenced by those and might have other issues for getting lower. Look at PROTEAN for today to get an idea.
Why to expect blockbuster listing every time? Afterall market is a mother and she has to raise every child. Not everybody getting allotment in lottery system therefore mother has to step in to do justice. Listing below expectations/GMP mostly (exceptions do exists) give a chance to non allottee to enter with full financial might to claim their portion of bread. Stay invested. Stay happy. Yours NIFTY SINGH.
I got allotted with AskAutomotive SHNI 742 shares. I applied through third party UPI. Funds were blocked and i got allotment. Now suddenly blocked funds were released into my bank account and still allotment is showing as 742 shares allotted. As my funds are released, i am thinking i will not get shares credited. Pls guide me way forward on how to get these shares. I wrote to registrar but no reply yet. @newgen consultancy@Monster Zero senior members help me with this issue.
395.2. jay here| Link| Bookmark|
November 13, 2023 11:42:12 AM
IPO Mentor (700+ Posts, 500+ Likes)
If you are allotted,you will get credited shares no matter what. Amount will be debited anytime by registrar through bank directly. Chill and pray for good listing :)
394. Nothing New| Link| Bookmark|
November 13, 2023 10:32:23 AM
Top Contributor (600+ Posts, 100+ Likes)
What about the listing date? Has anyone received shares in DEMAT?
Total subscription in recent IPOs 01. Esaf SFB - Rs. 25337 cr. - About18% listing gain 02. Protean - Rs.9219 cr. - About 3% " " 03. Ask Automotive - Rs.29852 cr - Listing ???
392.1. VVIIPP| Link| Bookmark|
November 13, 2023 10:42:40 AM
IPO Mentor (500+ Posts, 300+ Likes)
Protean - No listing gain, no loss.
392.2. VVIIPP| Link| Bookmark|
November 13, 2023 10:44:11 AM
IPO Mentor (500+ Posts, 300+ Likes)
😑
391. jay here| Link| Bookmark|
November 13, 2023 9:48:45 AM
IPO Mentor (700+ Posts, 500+ Likes)
In my view despite all these nerve-racking recent listings Askauto should atleast give 10% gains at 9:45/day end,If that doesnt happen it will be definitely ittle shocking. 😄👍
391.1. Mr. Singh| Link| Bookmark|
November 13, 2023 9:57:55 AM
IPO Mentor (600+ Posts, 400+ Likes)
It may surprise on positive side by day end on listing as QIB was 142 times. One of the high in recent IPOs.
391.2. jay here| Link| Bookmark|
November 13, 2023 10:06:02 AM
IPO Mentor (700+ Posts, 500+ Likes)
That's an undeniable fact. Hope for the best rest market is the best😉💎
390. Vultureee| Link| Bookmark|
November 13, 2023 9:56:57 AM
IPO Mentor (500+ Posts, 300+ Likes)
Don't think it will give discount....qibs have heavily subscribed, business is Good, anchor was awesome....seems may give 10-15% gains...
388.1. Nothing New| Link| Bookmark|
November 13, 2023 9:11:43 AM
Top Contributor (600+ Posts, 100+ Likes)
@Thiagarajan Ramasamy Had applied 2 seperate applications via Canara. 1 allotted, 1 not allotted. But the amount neither released for the non allotted one nor got deducted for the allotted one.