Investors who applied in Tejas and Eris don’t need to worry about low subscription from QIB, NII, Retail. Because of 4 IPOs at same time, money crisis is in market. Retail investors are in dilemma to apply in which IPOs out of 4. How to allocate funds to each or best ipos. Most of the retail investors invested in CDSL as full force and minimum to ERIS or Tejas. After all CDSL is best out of 4. ERIS on second and Tejas on third place. For big investors QIB and NII situation is little different. They are using some one else’ money. Recently in last two IPOs HUDCO and S Chand they have burned their fingers. Now they are more cautious. They want to invest in low risk high return ipo. Only choice left for them is CDSL. At present market condition is good and some external factors like good monsoon forecast, support from opposition for President’s election, GST rollout etc. will boost more energy in market in near future. If you are mid to long term investor then you don’t need to worry about ERIS and Tejas. May be no listing gain but within months investors will get good return. ''''''''Copied''''''
I have a completely offtrack question for the forum members. I did submitted the bid for CDSL IPO via ICICIDIRECT.com platform on Monday and the query is that i applied for 500 shares initially and then revised my bid to 100 shares, but the amount blocked still is for 500 ones. Has anyone faced something similar, and by when the rest of the amount unnecessary blocked for 400 shares would be released, as in how much time do they take tentatively.
I have nsdl demant account and I had applied ipo through SBI asba facility but I dnt receive any email or msg of bid is successfully submited or not so any one can help related this issue
Experts, please once give us detailed procedure / guidance as to how to buy/sell applications on Grey market, and the precautions to take. It will be very helpful as there are so many unanswered questions on that...
Investors who applied in Tejas and Eris don''''''''t need to worry about low subscription from QIB, NII, Retail. Because of 4 IPOs at same time, money crisis is in market. Retail investors are in dilemma to apply in which IPOs out of 4. How to allocate funds to each or best ipos. Most of the retail investors invested in CDSL as full force and minimum to ERIS or Tejas. After all CDSL is best out of 4. ERIS on second and Tejas on third place.
For big investors QIB and NII situation is little different. They are using some one else'''''''' money. Recently in last two IPOs HUDCO and S Chand they have burned their fingers. Now they are more cautious. They want to invest in low risk high return ipo. Only choice left for them is CDSL.
At present market condition is good and some external factors like good monsoon forecast, support from opposition for President''''''''s election, GST rollout etc. will boost more energy in market in near future. If you are mid to long term investor then you don''''''''t need to worry about ERIS and Tejas. May be no listing gain but within months investors will get good return.
Market is due for correction, and S Chand like stocks would suffer most in steep corrections, I do not advice on this topic, as there are lot of Bhakts here who take it as an insult of someone
Kick, Its known as technical analysis, I am speaking based on charts and information of some big shots When it is due? do you think anyone know that? if I knew exact date, buddy I would have been billionaire.
Pls. advise one should apply on cut-off price or above that under HNI category. Also advise multiple application help under HNI category or single big application will ensure allotment.
For HNI category, if the oversubscriptions is ridiculously huge (eg: 200x) then applying multiple small applications wouldn''t help, so better apply one big chuck, as for HNI it is on a proportional basis. Not lottery like Retail investors.
On the second day itself, CDSL is oversubscribed by 10.32 times. On the last day it will easily cross even 18 times. So there is no need to even ask can we apply/GMP/Kostak etc as only one in say 10 applicants will get 100 shares. That is the number of times over subscription expected after allowing for more than one lot applicants.
Pure lottery.
Apply and forget till allotment day. If not allotted try to buy in the open market, if you feel that CDSL is a must have in your portfolio.
All the best to all retail applicants, including yours truly :-)