Looking at QIB jump in last half hour, I am bit positive here now. As the response is better. I understand, this is small IPO and all, but still proportionately, more QIB investors are diverting there funds here.
Again, QIB should not be criteria to take final call here, but that at least signifies the trust and credibility of an IPO. At least, that's how I think, I have been in past and can be wrong again in future.
35.3. Basuvr| Link| Bookmark|
January 24, 2024 1:59:20 PM
IPO Guru (2100+ Posts, 1100+ Likes)
@CA Dhiraj Ramchandani Sir, yes its small OPO + here QIB is just 2.88% and retail is ~65%, hence QIB will definitely jump beyond 150-170x
Hello @Basuvr: Fully agreed, due to low ratio of QIB 2.88%, I understand that QIB subscription is going to jump dramatically here, as compare to other IPOs. But my only point was if QIB are over subscribing this IPO massively, which signifies their trust.
I think, one should not be overwhelmed by high QIB subscription. Here QIB quota is just 2.88%. In other SMEs QIB quota comes to around 18% 18/2.88 = 6.25 237 / 6.25 = 33.6 In effect the subscription times here is only 38 times.
31.2. CB☺| Link| Bookmark|
January 26, 2024 10:21:12 AM
IPO Mentor (1400+ Posts, 400+ Likes)
Mee too two ten application put. Not able to see results. How some members able to check? Bank will unblock on 29th. Dar lag raha 3 din ke liye, Sara Paisa blocked😳
31.3. PLAZA| Link| Bookmark|
January 26, 2024 10:55:55 AM
IPO Guru (2400+ Posts, 1300+ Likes)
30.1. rohiitian| Link| Bookmark|
January 24, 2024 12:32:53 PM
IPO Guru (1200+ Posts, 800+ Likes)
@Pangaj Don't be like me Skipping this. Went nearly FF in Qualitek yesterday, and keeping dry powder for EPACK, and some funds for Lawsikho and Konstelec