For the allotment price, individual category subscription is not considered. If the overall subscription at highest price band is atleast 1 times then the allotment will happen at the higher price band.
None of the answers are of any help. I will ask the question may be differently. When will we know the allotment price? only after allotment or before?
You can predict it before itself. If the subscription figures at the highest price band are sufficient to subscribe the IPO completely then the allotment will be at the higher price band.
@ king vinod sir and Senior members please update gmps regularly. Divgi allotment will be out by today evening. Any premium up or down before allotment
Sir please check your sources first you were expecting GMP around 70 but in real it was trading around 12 from then GMP increasing gradually currently around 25-28 which is good sign. Believe in brokers GMP not on GMP sites because they barely update once in a day and GMP changes every second.
GMP history of Digvi for your reference Started around 60-65 ( very few trades happened at that price after that no trades happened at any price ) After subscription again started GMP around 10 rs ( this time with very good volumes ) And right now trading at 25-28 ( with very good volumes ) After subscription GMP increasing is very good sign for listing
Hope it helps you Thank you
141.2. SONMAYA| Link| Bookmark|
March 7, 2023 1:54:04 PM
IPO Guru (1300+ Posts, 500+ Likes)
@ Param Patel. Your reply is very True. GMp on all sites r Misguiding...even they don't bother at about investor and Members interest. They just post for Apna khichdi pakane k liye
141.3. IPO VALSAD| Link| Bookmark|
March 7, 2023 5:16:10 PM
Top Contributor (200+ Posts, 100+ Likes)
Romy ji .. har jagah negative hi bolte ho aap... HNI hoke itna kya gabhrana...Market me aaye ho to risk to lena hi padega..
Param Patel is absolutely right. I checked multiple times with my gray for Divgi GMP during application window and there were no trades. Trades started happening a day after application window was closed. Current GMP around 25
141.5. Romy HNI| Link| Bookmark|
March 9, 2023 9:43:44 AM
IPO Mentor (500+ Posts, 400+ Likes)
Dear brothers....
My source of GMP is same as yours.....it had a lot of fluctuations.....
Regarding negativity......wherever negative points are there....I give my opinions only...that opinion , most of the times, are true....please check
Everything is good Company, financials , management, But ipo is at very high PE. They should have brought the ipo at 25-30PE Very little space left for the price to go up. Listing will be positive but then it may come down as QIB may book some profit. Only the Retailers who believe in the company should invest. Company is good but investors nowadays see the valuation and then invest in company. Be careful while investing. Best of luck to those who get allotment.