731.1. Paymzia| Link| Bookmark|
January 26, 2021 4:44:02 PM
IPO Guru (2400+ Posts, 4500+ Likes)
Not allotted
730. Kishore S| Link| Bookmark|
January 25, 2021 10:05:34 PM
Top Contributor (200+ Posts, 100+ Likes)
It will not go below listing price at any cost
because: 1. Enough players like LIC are there to absorb any amount of sale. They are sitting on cash by selling their stakes December 2. Government increased their divestment targets. It will not let any of these stocks give negative returns. Still they need to onboard more IPOs. Except it is PSU stock I don''t see any other negative point in this stock. There are over intelligent investors to buy this stock below issue price but they will get disappointed Enjoy profit whoever applied So i am not going to sell my allotment at any cost for the next one year
1) Govt is going to offload stake in LIC also. If LIC wanted to buy, it would have applied in the IPO. 2) Govt disinterment targets and performance of PSU''s prices in stock markets are not exactly related. Disinvestment targets are met by IPO & OFS prices, not by the market prices after the IPO and OFS PSU stock does not mean negative point. IRCTC is at 5X times in less than 1.5 years. Mazgaon Doc is 1.5X times in 3 months. Mishra Dhatu went to 3X in 2 years before COVID but now down to 2X. RVNL is almost 2X in less than 2 years.
730.2. Kishore S| Link| Bookmark|
January 26, 2021 11:04:42 AM
Top Contributor (200+ Posts, 100+ Likes)
Dear Stuti What is your final conclusion then for this IPO?
730.3. IPO smart| Link| Bookmark|
January 26, 2021 4:39:20 PM
Top Contributor (400+ Posts, 100+ Likes)
Sir, I really appreciate your confidence. I also agreed with your opinion. If it goes below issue price. I also would like to add more. डर के आगे जीत है ।