1. Anyone applied, solely for listing gain. Please exit this stock on listing, it will not give you any major gains or losses, encash the funds, try to explore Waree & Deepak. I mean, there is no point of holding this stock for additional 2-3 days in anticipation of high margins (Unless some dramatic news come in the picture).
2. Anyone applied to check if their demat accounts are operational, CONGRATULATIONS, it is actually working. So, now the call is yours, whether to hold this stock or not. In short term, this may give NIL to SMALL returns. In medium to long term, it may give decent returns for sure.
3. Anyone applied to check if 3rd party application works, you have your answers now. I think, for some banks, it worked for any good or bad reasons, but it did. Most of it, this did not work.
4. Anyone applied to have fun of applying at lower band, just a reminder, any full/over subscribed issue is never settled on lower band. You can try your luck on listing day with lower band price, if it moves so much.
5. Anyone applied for investment purpose, you shall not bothered be about listing at all. You have made a good choice. IPO price, is on higher side, no doubt about this; so if you are investing for long term, you can add more shares if share price here (this is not buy/sell recommendation, just a piece of advice based on your investment strategy).
All right issues are fraud and we have lost lakhs of Rs in Spright agro,Vinny,akshar spintex,and many more it's a pure fraud avoid right issue.Company are becoming thief and looting public
Listing at 10-15% premium Might touch 25% during the day
2064.1. IPOFreak| Link| Bookmark|
October 21, 2024 6:43:59 PM
Top Contributor (200+ Posts, 100+ Likes)
My estimate of the listing is 5%-7.5% range i.e. somewhere between 2040-2120. Operator hold the majority of the stocks and they don't need to provide too much premium to remove weak hands. Post listing action is definitely expected on the positive side.
Now this is Roller coaster Ride Just a game of Fundamental Vs GMP Lets see who will Win Purety Or Devil
2062.1. Rolta| Link| Bookmark|
October 21, 2024 6:12:52 PM
Top Contributor (500+ Posts, 100+ Likes)
Every one is intrested in this ipo allotes and not applied both are interested...non applied will think to buy at 1700 to 1800 ...allotes will try too sell between 2100 to 2250...Win win situation will be first you sell at 2200 and second half we buy at 1750 ..best of luck happy 😊 investing..
Today's negative closing in the market gave negative impact in the GMP. Today market could not sustain its gains and closed in red. Tomorrow's listing will be crucial for market. Not giving good sign in present circumstances. Better to book some profit. For cash rich snd long term investors I don't see any difficulty in holding. Take your own decision and believe in yourself.