how many times concord will submit in retail catagory of 15k
any expert please guide....
66.1. UjwalG| Link| Bookmark|
August 1, 2023 8:54:20 PM
IPO Guru (1300+ Posts, 600+ Likes)
3.66 Lk applications available in retail category. If we assume 20lk applications then max 5x would be retail. In my view it will be much less than this since SBFC is also open simultaneously. My expectation is 12lk applications~ 3x retail. Let see
I am vary confused about GMP drastically down from 360 to 180 what can be the reason for these
60. MVP| Link| Bookmark|
August 1, 2023 12:57:06 PM
IPO Guru (1500+ Posts, 1100+ Likes)
धर्म संकट। SBFC मे apply तो सभी करेंगे। Concord की गिरती हुई GMP और high valuation ने दुविधा मे दाल रखा है, Concord के लिए पैसा बचा कर रखे या Oriana मे FF मे apply करे।
Due to Big Size IPO, Free Float of 50% on listing day (35% Retail + 15% HNI), High Valuation etc. are big negative for this IPO. In the past, similar IPO listed in discount I don't think this GMP will sustain.
Better to go full force in SBFC and Oriana Power IPO.
They may consider Pre-IPO ₹115 Cr from Fresh Issue
57.1. UjwalG| Link| Bookmark|
August 1, 2023 12:23:31 PM
IPO Guru (1300+ Posts, 600+ Likes)
Why every new ipo is going with this pre ipo allotment? Are companies creating a mirage ? Because a normal guy thinks, "xyz has invested in this ipo in pre-allotment, so it will definitely list in positive. " OR , pre-ipo allotment of institutional investors reflects confidence in the company?
After new hni rules , I found many times that many people (not only this group) are trying to demotivate HNIs, Retailers and individual from applying good IPOs, And to the opposite, advice and motivate to apply average or below average IPOs
All this activity played on GMP tool
Most retailers are now turned in shni,bhni So big and mighty players who earlier apply with high amount of money by leveraging or funding or by own money and grabbed high percentage of allotments which eventually turn in to high GMP and ultimately healthy listing. Once stock listed on higher valuations than slowly slowly promoters and pre ipo investors are taking exit with unexpected and unbelievable profits,and retailers are taking positions.
So friends Do your homework, check figures,see the reality and book profits
@GrayIsTheNewBlack Isse achha hai date change karwane ke liye lead managers ya promotors ko kidnap kar lo..ki date change karne ke baad hi chhodenge.. kam saza hogi..😅😂
Just see the craze of Share Market. Members so eager to apply in all IPOs and SMEs. Now thinking to "Bank lute kya" and "Kidnapping the L M". Don't be so excited for any thing. Just think. Kahi aisa na ho ki " BHAJAN BHI NAA HO aur BHOJAN BHI NAA MILE". Don't waste time in planning. Break all your FDs or sell shares where you have multifold gains. Also leave something for small investors also. You yourself are the best judge to take decision. All the best for your planning. Always be successful in your good decisions. Not in bad.
53.5. Aman Ipo| Link| Bookmark|
August 1, 2023 4:24:52 PM
Top Contributor (400+ Posts, 200+ Likes)
@PKRAJ SIR, I think you are mistaken. They are not at all thinking like that. It is just all humour and fun. Just trying to explain current IPO situation in funny manner. So, you can relax and don't take everything so seriously.
Dear Aman, I am not mistaken. I know that none of our members wii think of doing so. We have a very good members group in all respect. Different investment appetite and all that. I always admire their posts and reply in the same way, as they were joking. You thought I was serious. No, not at all. I also become young with youngsters. Thanks for your concern. Have a nice month.
@PKRAJ Sir, obviously mazak chal raha tha ... I believe some light hearted discussions are also fine on this forum. Don't need to have serious discussion all the time on this forum.
53.9. PUTIN| Link| Bookmark|
August 2, 2023 2:20:17 AM
Top Contributor (200+ Posts, 100+ Likes)