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August 13, 2023 5:24:55 PM
IPO Guru (1400+ Posts, 1400+ Likes)
Without participation of QIB, the shares goes to retail ( HNIS & retail) which makes little bit difficult for the new share to survive if the lead manager & MM is not good.
We have seen this in Aatmaj & Spectrum and many more. Rest is good, let's see other things.
@DHARMENDRA SHARMA I am positive on Shri Techtex and if anyone holds it for 6 months, it will be doubled from here.
But not positive on Aatmaj. My Doctor friends who are from Baroda they have no good reputation of the Promoters. Although in society these type of people are most successful in the reality. I have sold my position @54. Although the loss from Aatmaj have covered in Jeena Sikho. 😄😃😀😆😇
@IPOJoker are you not aware of the listing fiasco of Spectrum Talent followed by Aatmaj Hospitals? Rikhav had delivered 4 flop IPOs back to back, 3 of them are total disasters. People even started calling Rikhav as Rakhail, Wealth destroyer etc.
Finally yesterday they broke the losing streak with Zeal. I'm not saying they're bad but their ability of managing the listing day pressure is questionable.
2.4. IPOFreak| Link| Bookmark|
August 10, 2023 5:44:38 PM
Top Contributor (200+ Posts, 100+ Likes)
@Mr.Nc एक कहावत है "चोर चोरी से जाए हेरा फेरी से न जाए" ;-)