@Thiagarajan Ramasamy Currently, GMP is in 7 to 10% positive range. If you compare this counter with Yatharth Hospital (only as a reference), there listing happened with 11% premium but those who held the shares were rewarded with over 62% upside. No recommendations here, one should study and take own call. Best Wishes 👍
The ratio of OFS and Fresh issue looks really discouraging, rasies a lot of questions. Will be useful if senior members share their views on this ipo.
24. Kiaan| Link| Bookmark|
February 21, 2024 6:47:30 AM
Top Contributor (500+ Posts, 200+ Likes)
Off topic. I am getting dividend etc. in a bank account ,registered as primary bank in Zerodha . If another bank a/c is made as primary, will the dividends etc. shall automatically start being credited to this new a/c , or any action will be required from my side. Please advise. Thanks
In Zerodha, prime bank account gets ser as default bank account both for demat and trading. However, is someone opens another demat account with same PAN and different bank account in another depository participant, KYC credentials registered with depository (in this case CDSL) may also get updated. Prime bank account in Zerodha will continue to be used for both deposit and withdrawals, secondary bank account can only be used for deposits. Remittances from corporate action will however be received as per credentials available in system if not got updated.
@Kiaan So, if in Zerodha bank account is changed for both demat and trading Ac, then there should not be any problem at all.. I do not have Zerodha, so i did not know that. Thanks for the information @Chhote Lal , appreciate it..
24.6. A. Rajput| Link| Bookmark|
February 21, 2024 12:28:12 PM
Top Contributor (300+ Posts, 100+ Likes)
@Chhote Lal Yes chhote ji correct but in my case my one family member has only one demat with groww but they credited buyback in secondary bank account I think it was broker side mistake they might not mapped primary bank account at that time
Off topic Everywhere Im seeing thumbnail and posts regarding stock market crash 2024. Astrologer, technical, fundamental,etc says stock market crash possible. No newsreports in mint says 90% probability.Asal me possibility he ki nhi. Ya ye sab doglapan hai.
If your only aim in life is perfection then you'll never hit target 🎯.
22.1. Chhote Lal| Link| Bookmark|
February 21, 2024 11:00:27 AM
IPO Mentor (6100+ Posts, 4500+ Likes)
@Harsh Newguru Let's be clear that no one has that 'Crystal Ball' where one can see the future and tell whether the markets are going to get corrected and how soon. Unless any extra-ordinary scenarios like pandemic or war develop - there are no signs/reasons of markets falling this year. Infact chances of markets appreciating by another 12 to 15% from current highs are more of a probability materialising this year looking at elections in India and US, pending rate cut announcements by Fed and other Global Cues. Stay Invested. Cheers !
22.2. A. Rajput| Link| Bookmark|
February 21, 2024 3:42:03 PM
Top Contributor (300+ Posts, 100+ Likes)
@Chhote Lal I think election in India will not push market further because after assembly elections it's already price in but definitely after us rate cut market will boom again
@A Rajput I also think that it's already priced In as confidence of Modi 3rd time is fixed, but no one knows the future, even Congress can win. If they won I think adani case would first come In light, bcz there is relation between Modi and Adani Hand crossed 🤞
If your only aim in life is perfection then you'll never hit target 🎯.
@A Rajput That way even the rate cut being good probability is factored in to some extent. You are right, current political scenario too is factored in partially. Yes precisely the reason that markets will not fall. Infact results better than perceived now will cheer it up further.
I reiterate @Arun Jindal Ji, Not sure what is basis of listing gains you mentioned. This counter is somewhat comparable to Yatharth Hospital where listing gain was around 11% and on short term holding, it is giving about 62% returns. Ofcourse, every company and each issue is unique and need not repeat results as experienced earlier. Let's wait and watch. Best Wishes 👍