88. BLUE WHALE| Link| Bookmark|
October 10, 2023 3:42:49 PM
Top Contributor (400+ Posts, 100+ Likes)
Can BIGSHARE inform allotment status in next 24 hours. Less load of IPOs these days. Applied for 10% loss / 10% gain basis. Chance to loose is 30% Chance to gain is 70%
Applied 5 HNI of 5 Lots & 3 Retails, hope for getting 1 lot atleast
84. Sandapaul| Link| Bookmark|
October 10, 2023 3:42:25 PM
Top Contributor (200+ Posts, 100+ Likes)
Fundamental goyal salt ke bhi ache nhin h buts garnering 110% gmp, this issue will also do good as the bad phase of sme is again over ( after the sacrifice of kundan, higreen, cellesor listing), now all sme again doing well... This issue will do well
Abusive language
83. Sandapaul| Link| Bookmark|
October 10, 2023 3:40:30 PM
Top Contributor (200+ Posts, 100+ Likes)
Those who are not applying in this, you are kindly requested not to spread FUD, we knew the risks of SME and applying after considering everything. 🙏🙏 No offence to anyone here, its a kind request only
81.1. Logij Kumar| Link| Bookmark|
October 10, 2023 2:39:05 PM
Top Contributor (300+ Posts, 100+ Likes)
Anything that can go wrong will go wrong, and at the worst possible time.- Murphy's law. When you apply in not so good IPO. Chance of getting it is also high. All the best anyway.
81.2. Lokesh Chiru| Link| Bookmark|
October 10, 2023 3:04:40 PM
Top Contributor (400+ Posts, 300+ Likes)
@Hrishikeh: If you are not confident of its listing why can't u wait till listing and then decide. Value ur money.
Warren Buffet: Rule 1: Never lose capital. Rule 2: Do not forget Rule No 1.
That's how correctly emphasized protecting Capital.
Sir sorry to interrupt but as per my knowledge icici retail closing time was 4 pm.
80.3. ipo share| Link| Bookmark|
October 10, 2023 3:19:47 PM
IPO Guru (1500+ Posts, 700+ Likes)
It seems that every bank has reduced IPO applying timeline for last day to 3.00 pm. Same thing I find in HDFC Bank ASBA (earlier it used to be 4.00 pm). Any bank still providing upto 4.00 pm?
@Dowg , I'm not a guru but one advice I can give based on my experience. Do not hold on to SME's, try and exit them on listing day itself. Majority of the SME companies are junk and would destroy wealth in the longer run. Some of them would make it to mainboard but that number is miniscule percentage.
Just briefly analyzed RHP and Q1FY 24 are worst to say the least. LM FedEx track record is very bad.
Not sure why it is subscribed more than 60 times in Retail and 37 times in HNI as of now. If we go by just fundamentals it might list at a discount and if operators do not come into play it is going to slide even more after listing.
Companies are trying to encash current retail investors greed and one such company is this Committed cargo.
GMP is 20% but SME with even 50 to 70% GMP listed on par and some even listed in discount. So do not fall for GMP, analyze company fundamentals and then invest for only reasonably valued IPOs. Global macros and geo political situation are also not conducive to invest.
Note: Remember SME's do not have enough liquidity and if no buyers comes on listing then u can't sell even and it goes LC for couple of days.
Even last issue of the same LM, Kundan Edifice, had around 20% GMP before the Issue closed. Post closure, it dropped dramatically and Jundan opened at -14% and is currently at -18%. Risk takers welcome to try their luck again. I’m avoiding too.