I HAVE APPLIED IPO FIRST TIME WHEN I GO TO APPROVE UPI MANDATE MISTAKELY I ENTERED WRONG UPI PIN SO APPLICATION REJECTED SOMEONE HELP ME CAN I GET ONE MORE CAHNCE TO APPROVE ANY OPTION SOMEONE KNOW PLEASE LET ME KNOW
U assume it right.. will apply 373 lot tomorrow in rolex.. all experts predict it will cross 300x in hni.. by this number will surely grab atleast one lot.. I think glen gmp will increase from here onwards because of heavy subscription .. and fundamentals r also very promising.. can touch 4 digit on listing day itself.. all d best to you too..
Can anyone please tell me Does Kotak bank allow 3rd party ASBA..? And Does Kalupur comercial bank allow 3rd party ASBA?? Please if anyone knows let me know.
लग रहा ९ लाख डीमैट अकाउंटस जोमाटो के चक्कर में खुले हैं! देखना है रोलेक्स रिंग्स कितना क्रॉस करती है! देवयानी और पेटम तो पक्का क्रॉस करेंगी ही ये फिगर!
Good observation.. it''s time for sebi to reduce lot size from current rs 14k to rs 7k for better allotment chances for retail.. also they were working on to have hni cap at rs 1 crore, not sure what happened..
No need to reduce Lot size .. agar mila to achha munafa ho nahi to paisa wapis. Thoda thoda munafa karke jyada Company portfolio me rkhna sahi nhi hai because more time need to analyse stocks. Beginner to fas jayenge iis chhote munafe ke chakkar me.
525.1. lokes| Link| Bookmark|
July 29, 2021 1:50:17 PM
IPO Guru (4400+ Posts, 5100+ Likes)
on listing day, glen may move higher and rolex may move lower
525.2. sdz| Link| Bookmark|
July 29, 2021 3:01:04 PM
IPO Guru (1000+ Posts, 500+ Likes)
All into Glenmark in last min and only 2 Retail applications for Rolex. Hope Rolex NII oversubscribes by more than 500x to let me not disappointed 😜😂
525.3. lokes| Link| Bookmark|
July 29, 2021 3:26:35 PM
IPO Guru (4400+ Posts, 5100+ Likes)
good decision, i was also trying to do same for confirm allotment but idfc first bank login issue came last time, showing technical error, so couldn''t apply, now i wish rolex subscribe around 250 times only in hni ;)
525.4. snipperRaj| Link| Bookmark|
July 29, 2021 3:38:19 PM
Top Contributor (300+ Posts, 200+ Likes)
Glenmark GMP should increase now . Good subscription from all - QIB, NII, RII.
525.5. sdz| Link| Bookmark|
July 29, 2021 3:48:52 PM
IPO Guru (1000+ Posts, 500+ Likes)
@Lokesh...Rolex 250x=27.5k cr will be minimum and may go upto 300x. All the best
Now i just wish Glenmark GMP to fly from here to 250-300 by next Friday listing date amid good subscription numbers 😜😃
Rolex is very risky bet but still can apply bcoz of current IPO momentum and demand for this stock in grey market. Operators will be active in this stock so anything can happen on listing.
Reasons: 1. Default on loans 2. Referred to CDR cell in 2013 and still it has to pay pending amount which is due in Mar 2022 3. Current GMP is misleading when compared to fundamentals. 4. Revenue and profit showed degrowth since last 3 FYs (Profit for FY21 looks good as it is window dressed for IPO as per analysis from RHP).
525.9. lokes| Link| Bookmark|
July 29, 2021 4:28:33 PM
IPO Guru (4400+ Posts, 5100+ Likes)
applied 101 lot here....lets see will get 1 lot or not
525.10. sdz| Link| Bookmark|
July 29, 2021 5:12:06 PM
IPO Guru (1000+ Posts, 500+ Likes)
@Lokes...You''ll get 1 lot as 80% chance.
Expected 150-200x till yesterday, but today seeing the slow start thought won''t cross 100x as many people expected here and later disappointed a bit seeing 125x 😂😂
Rolex please oversubscribe by 500x and break all NII records tomorrow 😝😜
I applied through UPI in asba on first day and cancelled my application second day ( 28 july) but still amount is blocked. So when my blocked amount will be unblocked. Any idea??
jessie i also applyed from ICICI BANK ASBA, and cancalled my application but amount still blocked... because past IPO immedeatly released once cancalled,,, first time amount still block in cancalled application process
Final figure:: Category No.of shares offered/reserved No. of shares bid for No. of times of total meant for the category QIBs) 42,42,379 15,68,29,300 36.97 NII 32,32,770 39,61,29,640 122.54 RII 75,43,130 11,03,38,820 14.63 Total 1,50,18,279 66,32,97,760 44.17
519. Eagleye| Link| Bookmark|
July 29, 2021 3:28:41 PM
IPO Guru (6600+ Posts, 21900+ Likes)
Glenmark Life Sciences IPO
LAST Day at 3:25PM
The following data is assuming the shares will be issued at @720/- (upper price band)
not a single bid by mutual fund . reason behind non participation of mutual funds may be anchor list . in anchor category company gave shares only to foriegn funds
@kabir, Above reason specified by Mann might be one of the reason.
Apart from these I think these might be the reasons:-
1. Bcoz of low GMP 2. Might have preferred to apply in Rolex bcoz of 40 to 45% GMP (greed factor) 3. Did not analyse the fundamentals company properly. 4. Have low cash levels
@lockesh - MF have the core business of tracking the fundamental of every company which has good business model and brand name as that is their diesel and petrol to run the money factory. So it cannot be that MF did not analyze the fundamentals.
519.7. sdz| Link| Bookmark|
July 29, 2021 6:01:30 PM
IPO Guru (1000+ Posts, 500+ Likes)
MFs don''t like the company or
may be they will directly buy after listing amid low GMP, so that they can go full force in Rolex without blocking funds.
amazing response from everyone current gmp will be 175+-5 , wouldnt be surprise if gmp touches 225 by end of day or tomorrow.. please hold application dont sell