@ManishAgarw : I agree, in fact, I said the same thing. Lot of filtering is going to happen in Innova and other open SME IPOs. People, who applied blindly just based on GMPs, will now get filtered out. It is good for genuine applicants, who still believe in good stocks to give low but quick returns
@Mukesh Elon Adani : Everyone knew about muthoot, it was experiment by the group before their 2024 mega IPO. So, the price was already high. In fact, Suraj had better priced its IPO, but because of market sentiments it got listed in discount. Motisons also got affected, it did not list as high as it was expected.
In case of Innova, it is pure risk or gamble, considering last trading day of the calendar year, it may create fortune. But let us see.