@pRACE https://www.bseindia.com/markets/PublicIssues/OFSIssuse_new.aspx?expandable=0 https://www.nseindia.com/market-data/all-upcoming-issues-ipo Here you can see all the bid orders, but take this for a rough idea only because these don't refresh in live time.
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February 28, 2024 7:40:29 AM
Top Contributor (600+ Posts, 100+ Likes)
One must either trust the history or the GMP whch is clearly a work of the devious. GPT has far better return matrics (Read OPM / ROE) than the likes of Shalby. With the expansion underway (Raipur and Ranchi / 2025 - 26), this should not at all trade below a minimum Rs. 229/- @ 42x TTM, which would still account for the negativity around the region it operates in. That's the bear minimum IMO.
But then one would likely hear the usual, negative voices on the morning of listing, making the retailers chicken out and sell their holdings.