the issue size of shree ganesh and goenka are similar, and both managed to just get subscribed. so i feel there is an opportunity to make some intra day profit by going short.
hi guys, dont you think one can go short on this script , and then make profit on intra day, as this will most probably follow Shree Ganesh issue, which tanked almost 25-30% on listing.
I Guess What Happened To Vascon Engineers Will Be The Strategy For Goenka Diamonds .Gap Down Opening And Then After 10-15 Days Later It May Perform In Tandem To Sensex Or Nifty
300@ because member of sebi, nse, bse all takes big money from company. All authority persons are sitting to make money (under table money). They are not for investor's protection.
friends. ye sochne wali baat hai ki jo ipo apne valuation me bahut hi high rate pe market me sebi se clear hoke aate hai to un ipo ko sebi market me aane hi Q deta hai. IPO k listing k baad sab expert kahte hai ki ye ipo ka price band bahut hi high hai to pahle Q nahi sab ko bataya, muje to lagta hai sebi aur sab expert dono mile huwe hai. tabhi to ye shree ganesh,pradip over, jaise ipo k dwara sabhi invester ko khulle aam loota jata hai.............. MERA BHARAT MAHAN 100 ME SE 99 BEIMAAN Ab tu hi bachana BHAGWAAN HARE KRISHNA HARE RAM.
goenka to list at 95 rs and will then went to 80 rs and close day at 55 rs. infact it should have event worst case of what happened to shree ganesh jewellery as it was very expensive
This will have a decent listing. the reason is that most of the IPO allocation is with promoters. You can clearly see that IPO was subscribed just 1.07 times AND HNI and QIB bidding DECREASED on 2nd and 3rd day. Promoters withdrawn excess money :) So it should have a decent listing. However because of last few LOOT by IPOs, initially it may open at ~125-130 (and at that level, whatever is actual allocation to public+short sellers's shares will be taken by operator) but will soon bounce back to issue price.