It’s going to surprise on listing. Really retailers are going to miss it. Recently TITANAGAR WAGONS got huge order for vandebharath trains. TITANAGAR is the major client of COSMIC.
Applied 2 application , canceled one due to extension of issue... But as public is not there planning to make 1 again... PS - making Only 1% of total application i do in SME
Hi All, Who all are looking to cancel their applied application, if they do not want allotment, it will be better to apply from upi too. Thus ur both applications will be rejected. But yeah ur funds will be blocked but still better then allotment with -ve listing.
103. G profit| Link| Bookmark|
June 20, 2023 8:09:41 AM
IPO Mentor (1200+ Posts, 300+ Likes)
Company incorporated in 2021. LM new. High premium. Think they have formed the company just for looting public money. Clear avoid to all. Donot get stuckup
101. abc xyz| Link| Bookmark|
June 19, 2023 4:33:22 PM
IPO Guru (1400+ Posts, 1400+ Likes)
I was the first one to say avoid this issue and instead of subscribing this issue , recommended to buy Titagarh Rail system. See now where both are heading.
This IPO is very interesting in terms of % of shares reserved for each category. For QIB, it is just 1.89% & retail is 71.24%. So, QIB portion is always going to look like oversubscribed. I am not an expert, but i have seen this proportion in any sme for the first time( jst 2yrs experienced :) ). Can any expert suggest or explain the possible logic behind this or whether this is worth investing whether for listing or long term gains?
93. Trueinfo| Link| Bookmark|
June 17, 2023 2:28:03 PM
IPO Guru (1900+ Posts, 1700+ Likes)
Once flopped, it will be difficult now to win back confidence of retail. May scrape through, but oversubscription ruled out. Sword of discount listing will always be hanging.
93.1. Trueinfo| Link| Bookmark|
June 17, 2023 2:31:14 PM
IPO Guru (1900+ Posts, 1700+ Likes)