@rohiitian@Vimal Garodia @All CG MEMEBRS.... Sebi ki nai guideline ke mutabik to uska GMP to 100 % se to kam hona chahiye na to uska GMP 115 %kyu bata raha he??
@Palka We will have to wait for the last day subscription, last few hours, to know that..
39.2. Palka| Link| Bookmark|
July 7, 2024 10:10:05 AM
IPO Mentor (1000+ Posts, 200+ Likes)
Thanks for your reply @Vimal Garodia ji...I want to apply FF in one of the issue to get allotment... I missed petro carbon where subscription was with in the range... Regards
Sir, I think allotment chances in Ganesh Green sme ipo is higher than Effwa but Effwa is also not bad . Its GMP is laso more than 100%. I Effwa is better than Ganesh Green. SME ipos are highly risky. So, I suggest you to apply in Effwa sme ipo......
Just a query after the implementation of new rule of 90 percent cap in SME, if someone wants to buy in pre open and let's say everyone places bid at the issue price+90 percent for buying , and suppose there are 100 buying order and 10 selling which 10 order will be executed will it like this who placed the order first or on random basis?
38.3. RPSM| Link| Bookmark|
July 7, 2024 2:19:14 PM
Top Contributor (200+ Posts, 100+ Likes)
It is only for Flippers (Unofficially)
Retailers won't get shares those who placed order in Preopen @ 9.00 am and 10.00 am.
Not only me, all retailers won't get shares except 3 NII's so called Flippers.
All 4.5 Lakh shares traded in nephro care hospital allocated only to NII's (Large Traders) Seems something Fishy
I thought its a good move initially, but its a Very Poor Decision
SEBI might rethink and modify the decision as Max 1 lot will be allocated per Client.
Lets Take an example, If there are 10 customers in preopen, First 10 trades belongs to all 10 customers on FCFS Basis. Then 11th lot will be traded to again 1st customer and 12th lot will be traded to 2nd customer who have been placed the order quickly. Suppose if any trader placed 1,60,000 shares, and at EOD 1,60,000 shares traded - Should not get all shares to one client alone until ther is no buyer and stock becomes LC
@RPSM i completly agree with you sir. 1. On listing day, one can purachse one lot only. And from the 2nd day normal trading. Or 2. There should be some lock in period (2-3 month) for the stock acquired on listing days.
Which Broker is fast to place buy order on listing day. Even if I place order at exact 9:00:00 zerodha takes time and it send to exchange by 9:00:09. I heared AxisDirect is much faster than Zerodha. Can anyone please help.
35.1. Sharvam| Link| Bookmark|
July 6, 2024 1:11:48 PM
IPO Guru (1300+ Posts, 800+ Likes)
One need direct exchange line to beat Flippers, which is not possible for retailers. Flippers place their order in micro second.
From twitter ::: The 90% cap benefits bulk buyers and operators with advanced trading technologies and direct NSE lines. These entities can place orders instantly at the opening bell, often within milliseconds, while retail investors, due to latency and slower internet connections, miss out. This was evident in cases like the Nephrocare IPO, where despite a 250% GMP, it listed at a 90% cap and bulk quantities were absorbed by these players, leaving retail investors with 0 opportunity to benefit entire 449600 shares was absorbed by bulk deals which gives them a guarantee to double their money without any risk.
@rohiitian, @Vimal Garodia @newgen consultancy, @Dhiraj Ramchandani.... I me Ganesh green ko pre open me purchace karke short term or long term Jana chahta hu to kripya aap aapni rai de sakte he ke me sahi hu ya galat 🙏🙏🙏
@B positive Company is good. Lucky will be the ones who get the allotment..
For those who do not, will try to get it in pre open or after listing, there will be huge quantity of buyers. You can try it but will be extremely difficult to get it..
31.3. Palka| Link| Bookmark|
July 6, 2024 10:13:33 AM
IPO Mentor (1000+ Posts, 200+ Likes)
In my opinion, HNI subscription maximum upto 300 times due to big size.., Moreover, petro carbon was subscribed around 130 times... At that time, seven issues were clashing now there are three issues but size is little more than petro carbon .... Effwa gmp is more than this, investors may invest money in both the issues equally... Thanks
I am tired of looking at related party loans all the time!!! It is infuriating to me for one reason - Dear Promoters, please take renumeration or even dividend or do OFS, but don't give your own firm a loan and then go for IPO!! In my view, it feels like day light robbery - does anyone else share the same view?
By the way, below is the way this firm is doubling its long term liabilities:
23. Paymzia| Link| Bookmark|
July 4, 2024 8:39:00 PM
IPO Guru (2700+ Posts, 4700+ Likes)
When will implement dont know but SMEs listing limit is upto 90% only .. For better oppurtunity for those which stock is missed in IPO allotment, who want to buy after listing. This limit is only for SMEs ,not dor MAIN BOARD .
23.1. Mr. Singh| Link| Bookmark|
July 4, 2024 10:46:34 PM
IPO Guru (1000+ Posts, 600+ Likes)
I think SEBI should do everything to stop NBFC/Bank money for IPO application. They implemented rs 1cr limit but people are using 1 cr loan for each of relative accounts including spose, kids, parents. Loan is granted to main person, and kids, parents assets may not be enough to secure 1 cr loan. If all these thins are stopped we may see subscription level coming back to below 500x in HNI category for medium sized IPO, and may be 100x-200x to big size SME IPO.
22.1. KGSKIPO| Link| Bookmark|
July 4, 2024 9:56:02 PM
Top Contributor (400+ Posts, 100+ Likes)
@Mr. Singh There is no such implementation of 1 crore linit for people.
22.2. Mr. Singh| Link| Bookmark|
July 4, 2024 10:21:48 PM
IPO Guru (1000+ Posts, 600+ Likes)
@KGSKIPO This is limit enforced by SEBI last year. Maximum limit to apply with borrowed money is 1 cr.