@rohiitian@MuStrFc Did you see the live ceremony ? It was already known that deals will settle around 9.45, don't think creating such exceptions for a company is fair if the rule says orders can be settled anytime between 9.35 to 9.45 am
On a lighter note - They were waiting for Modi ji to arrive for listing. Unfortunately due to his other commitments he had to cancel his visit and inforrmed the exchanges at 9.44 am. Hence this stock listed at 9.45 am today. 😅
2213.3. MuStrFc| Link| Bookmark|
October 22, 2024 11:10:45 AM
IPO Guru (3000+ Posts, 2400+ Likes)
Exactly, buy side cancellation was not smaller in any terms, but can't do anything. Regulatory practices are lacking sense big time. @GrayIsTheNewBlack
2213.4. Redhu Jind| Link| Bookmark|
October 22, 2024 11:13:40 AM
Top Contributor (400+ Posts, 100+ Likes)
Sab Mile Hue hai Ji,,
2213.5. rohiitian| Link| Bookmark|
October 22, 2024 11:15:25 AM
IPO Guru (1200+ Posts, 800+ Likes)
Honestly the 9.35am rule doesnt make sense for large issues where manipulation is way harder, will hamper price discovery
But very strange application of very strange rules. SEBI being SEBI 🤷♂️
Retailers aur NII ke pas around 3 Crore Shares hai jo ki mostly listing gains ke liye apply karte h usme se abhi bas 1.15 crore shares trade hue h abhi to aur girega
I think because it's the largest ever IPO, the people at NSE and BSE probably considered it as a matter of reputation for Indian markets. The pre open price range between 9:35 and 9:45 is probably the true range of the stock.
Mene angel one me 9;30 per 1960 me sell ki limit lagai thi ab vo limit cancel nahi hi rahi hai Kya karu. IPO open hote hi 1960 mein sell Ho Gaya to Mera to Bari nuksan ho jaega na limit cancel kaise karun