If tomorrow market is negative than retail may not cross 4x GMP coming down n down so weak hearted people will ignore after seeing yatharth listing Applied 5 retail applications first dayand not willing to withdraw if qib more than 20x
@Palka Bhai agar modiji sab retailers ke account me 15-15k dal de to hi aapka expected subscription retail me aa sakta hai. Varna 36 lacs application impossible hai 😄😄
@Palka Your figures for QIB subscription is just on the lines of your expectations. Forget others. It happens. Was not expected even such figures. Retailers are keeping themselves away. So, applying in sHNI. Even if 5 to 7% GMP remains there is nothing to worry for sHNI. Hope listing day proves better.
Not applying any lot here. I don't believe in any company with OFS and biotec is theme of 20 years back. After Windlas, have aversion with biotech word and OFS. All the best to subscribers anyway. May "this time it's different".
HNI application is like posting on chittorgarh forum... Once done cannot be withdrawn/deleted...can only post more and more and increase chances of ipo mentor badges...
Thanks @Wolf hunter . I will definitely try this one out. Many thanks everyone for your response & guidance.
142. lucky boy| Link| Bookmark|
August 7, 2023 11:39:15 AM
IPO Mentor (1300+ Posts, 400+ Likes)
@ Admin @ Chittorgarh.com
does concord biotech have really anchor list?? or not? because from last 4 days i trying to check anchor list given by you its redirect to bse and showing ((( The Page you are looking for has been moved )))
135.1. Earthking| Link| Bookmark|
August 6, 2023 10:56:35 PM
IPO Guru (1300+ Posts, 500+ Likes)
Yes logic wise good, but the catch is premium ranging in the range of 20% which may go down to nil all of a sudden ( in worst case as issue size is huge) but in cyient dlm story is different ... so wait and watch till last day 2pm is very much advisable and then take your decision in case of Concord Biotech ..
135.2. Seth.| Link| Bookmark|
August 7, 2023 2:59:17 AM
IPO Guru (1200+ Posts, 600+ Likes)
Bahubali how much app you applied in cyient?
135.3. Earthking| Link| Bookmark|
August 7, 2023 10:51:22 AM
IPO Guru (1300+ Posts, 500+ Likes)
Now see in Yatharth, almost flat listing ...with huge QIB subscription ... similar thing can happen in Concord too ...
Concord GMP is very volatile and it is not giving good vibes, experts are criticizing its valuations, what should retail do in this IPO?
Can it open lower by any chance?
Track record of Lead Managers is further creating doubts and concerns. Kotak is known for over pricing and poor listing, ditto for Citibank, Jefferies is average.
Popular Anchor investors have almost overlooked it, so who will buy it on listing day??
@New Kid On The Block As far as the vibes are concerned, you can decide accordingly. You have great knowledge also. Here I may like to say only one thing for you :
**CHILD IS FATHER OF HIS FATHER**
Believe in yourself only. Not likely to open in RED. Exceptions are always there.
Important information for HNI Applicants. You all will agree that after change in rules of allotment under HNI category allotment has become very rare or next to impossible. The allotment if 14 lots minimum is bad and wrong. If the allotment method is changed it will be more justified so we all need to write and raise issue. I feel maximum allotment under HNI category shoud not be mire than 2/4 lots unless issue is not oversubscribed. In present system one person gets 14 lots and 13 are left without any. This is unfair to majority. Moreover I have seen some people always gets allotment which raise doubt if manipulations. During my 40+ years experience in Share Market I have noticed, always there were rumors that some RTA or their staff manipulate allotments. If its true then SEBI has made manipulations attractive and more lucrative. Therefore I request all the Investors who write comments here must spare few minutes and raise this issue. I hope SEBI will listen and modify rules to make allotment fair and good for maximum number if investors. If you agree raise your voice for this unfair action of SEBI.
I too feel that at least in SHNI the max lot should be 4 -6 range. Since retailers have moved to SHNI and after getting 14 lots they want to play safe by exiting. This puts pressure on price.
@newgen consultancy what is your view on pradeep phosphate. I have this stock in my portfolio since long and I want be remain invested for long term but I want your opinion about this stock.
132.3. Anil Mwt| Link| Bookmark|
August 6, 2023 8:31:44 PM
Top Contributor (400+ Posts, 100+ Likes)
What could be the final subscription to this ipo..?? Any guess