1338.1. Owls eye| Link| Bookmark|
January 29, 2021 11:26:52 AM
(500+ Posts, 1900+ Likes)
Hi Aditya, My Friend listen me and Implement you will never regret. Don''t expect much from IPOs I think manipulation is at peak in Profitable IPOs. I have experience of 12 years into this market. There are some accounts I have never got allotment since more than a decade when the Registrar is Link in time and this time also I didn''t get allotment in Indigo as same Registrar. My Friend got 9/10, 8/8, 2/3 and 1/1 in IRFC when it was also oversubscribed by more than 3 times but they didn''t get a single allotment in Indigo i. e. 0/10, 0/8 , 0/5 and 0/3 in Indigo as this is Profitable while IRFC was expected to list in Discount. You can imagine not even a single lot was alloted in Indigo with such good numbers of apps but in IRFC they got all allotment even it was also oversubscribed more than 3 times. This is not first time but happening since years. Here Innocent retailers are crying and this is the Reality. Therefore I am saying don''t expect more from Profitable IPOs. There is no Retailer who can go to SEBI and knock thier door for Investigation but I am SURE ONCE RETAILERS WILL AWAKE AND BE OUT FROM THE MARKET IT WILL BE VERY DIFFICULT FOR REGULATOR TO TAKE THEM BACK AND IMPOSSIBLE FOR ANY IPO TO GO THROUGH. HERE ONLY RETAILERS ARE CRYING. You can make handsome amount of profit from secondary market.
This is my opinion and may be wrong Good Luck 👍
1338.2. P Patel| Link| Bookmark|
January 29, 2021 11:40:39 AM
IPO Mentor (900+ Posts, 900+ Likes)
Owls eye, I got 1/3 in Burger King 1/3 in Mrs Bectors 0/3 in IRFC
I agree. But one thing is sure GMP plays a very vital role in how ipo will behave on listing day . I will wait till Feb 1 st week to see if it''s on positive side post budget announcement . Agar uske baad bhi. Aisa chala toh I will sell it and wait it power grid ipo comes up or lic ipo comes up
1337. Rafiq| Link| Bookmark|
January 29, 2021 11:32:50 AM
IPO Mentor (500+ Posts, 400+ Likes)
Now trading at 25.25. believe me hold for 30 rs target in feb 21. will get good dividend, also Indian govt announcement likely soon for positive gain in this stock
SGX NIFTY +220 POINT. IRFC WILL OPEN WITH POSITIVE MOVEMENT. HOLD FOR LONG TERM IT WILL B DOUBLE IN 2 TO 3 YEARS. SHORT TERM RANGE WILL B 24 TO 32 RS. IF OPENS ABOVE 32 THEN IT IS GIVEN UNDER VALUE RATING BY FUND HOUSES SO IF OPENS ABOVE 32 HOLD FOR LIFE TIME. WHY? 1: GOVERNMENT COMPANY NEVER BEEN 0. 2: DIVIDENY PAYING COMPANY EQUAL TO SAVING BANK INTEREST 3: NO NEED TO SERCH FOR BUSINESS 4: NO DEBT 5: GOVERNMENT FOCUSES ON RAILWAY INFRASTRUCTURE 6: GIVEN AT BOOK VALUE 7: APPROXIMATELY 4200 CR PROFIT IN THIS FINANCIAL YEAR. 8: UPTO 60000 CRORE MARKET CAP JUSTIFY. DISCLOSE::: I PERSONALLY HOLD THIS ONE FOR LIFE TIME.
You consider "doubling in 2 to 3 years" a great performance? IRCTC more than doubled on listing and went 6x in 4 months. Bectors, Burger King all listed more than double. Reliance doubled in 4 months last year under lockdown.