Today's listings will have some (though minor) impact on AVP's listing tomorrow. Also, if market situation is not favorable, then one may need to hold this share.
Hello everyone, Applied 1 retail here and got 1 allotment. But gmp is 0 as of now. Any suggestions for sell on listing if upside or downside. What will be the strategy ? Really worried about discount listing ! ( Bad luck as Wished no allotment but somehow got allotment here where gmp is 0 )
I would recommend you take a call based on the purpose you applied this IPO for.
If it was just for listing gains, you should exit the stock (irrespective of listing gains/losses). If you have short to long term view, remain invested (irrespective of listing gains/losses).
Personal view, this would generate money from short to mid term, looking at market sentiments we cannot judge any kind of listing these days.
Something is cooking in sme allotment, applied 7 retail application in different 7 demate accounts, but get nil allotment inspire of only over subscription of around 25 times... This is my personal observation only. Some may agree and some one not.... Thanks
87.1. Esparando| Link| Bookmark|
March 19, 2024 3:00:38 AM
IPO Mentor (1100+ Posts, 500+ Likes)
Nothing is cooking buddy. The probability of your demat getting picked is 7/22 which is roughly about 33%. So this time you were in the 67% zone and not 33% zone.
Normally we see almost 100+ messages in sme ipo's but now its not even touching 100....pehle sab sme ipo me allotment chahte the aur ab ye haal he...
83. Vnrao| Link| Bookmark|
March 18, 2024 11:46:03 PM
Top Contributor (500+ Posts, 200+ Likes)
After a very long gap of one year (after 56 unsuccessful SME IPOs), got one lot allotted of a 10-lot HNI application. Though not expecting any listing gain, if can hold for a year will get 100% gain. Congratulations to all other allottees.
GMP ne sab kaa mood off kar dhiyaa ... meraa bhi. I am kind of praying now that I do not get allotment or even if I get I escape without any discount....applied from 7 demats in retail.
81.2. MuStrFc| Link| Bookmark|
March 18, 2024 10:43:24 PM
IPO Guru (3100+ Posts, 2400+ Likes)
Discussion or not, registrars seldom listen. They will process it as per their own
1/7 retail. Look at 0 GMP feeling not so good. But since last 2 weeks I have not seen allotment, so happy to some extent to see allotment (keeping aside the outcome)
@Esparando, I believe you will not get disappointed. If it lists on discount and you are not in hurry of funds, please hold on to this, it will give you decent returns in short term.
@Ippo: It is purely based on lottery system, I mean, I see the kind of subscription people have done and still having NIL allotment, is shocking. But, it is what it is.
80. Anshujii| Link| Bookmark|
March 18, 2024 11:25:34 PM
Top Contributor (700+ Posts, 100+ Likes)
So - I was wrong in cancelling my application it did list at premium. Congratulations to allotees who sold at 79, those who are holding may need to patiently wait for sometime for selling to get absorbed.
79.5. SOAM| Link| Bookmark|
March 20, 2024 2:12:57 PM
Top Contributor (900+ Posts, 100+ Likes)
no regrets bro. bas 5% ki listing, inna toh intraday pe v ho jata h.