Sir, I have been allotted 1 retail lot. What should be the exit strategy? Shall exit on listing gain or hold for short or medium term? Please share your valuable inputs.
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October 24, 2023 12:47:21 PM
IPO Guru (1800+ Posts, 1100+ Likes)
Yesterday's fall in small midcaps is not explanable but expected. No harm who are in long term vision can treat this as Dussehra sale. Again this was a right opportunity to add TCS aiming buyback no harm in short time frame assuming ar of 15-20% Now on IRM, Yes GMP fall very much as expected due to market sentiments. Applicants should consider this factor every time while applying for borderline issue. Here retail is 40% (I assume sHNI as retail) so more the panic more the chances of adverse listing. Be cautious be calm
Alotted retail 1/1 Due to uncertainty in market and premium vanishing registrar has very respectfully alotted shares to retailers. I being allotted after very very long time.so no गड़बड़ this time in allotment. very happy returns of the day!