It is a Good and fundamentally sound IPO. If you got allotment you should keep it for some time. Dont sell on listing day. As we have seen in past in Bharti Hexacom, on listing day it gave 30-40% return but in just some 4-5 days it was double from issue price. So it also will go in Good Hands for long term, hence there is very low chance of selling pressure on listing day.
Aslo No money requirements untill 7th may before indegene Ipo. So it is quite good if you keep it for a week atleast. You may see a 100% returns on your allotment.
Last day, when seen in CG its showing 0 GMP, then I was confident that, here also some manipulation happened like F&O to de-motivate retail people.
476.1. Paymzia| Link| Bookmark|
April 29, 2024 10:22:52 AM
IPO Guru (2400+ Posts, 4500+ Likes)
Don't think like that May be you are de motived by seeing GMP of 0 in CG
One more think is who are applying in IPO or doing trading all are not seeing CG.
Most of the people are expecting 25% upon 100% type of listings ..Those days gone when HNI portion is divided into two parts and stoped fund finance .
Once upon a time HNIs subscription decided the GMP. But nowadays all are believing on QIBs subscription Most of the time QIBs come only on or after 2 pm on IPO closing day
468.1. Chhote Lal| Link| Bookmark|
April 29, 2024 5:57:58 AM
IPO Mentor (3100+ Posts, 1600+ Likes)
@Kailash sharma Ji, your explanation of 'Lady Luck' brought a smile 😊. Lady Luck is associated with Goddess of Fortune. Jaisey, Lakshmi ji ki kripa bani rahi, toh aapko bhi IPO ki allotment avashya hogi!
463.1. GJ Eighteen| Link| Bookmark|
April 28, 2024 10:08:05 AM
Top Contributor (300+ Posts, 100+ Likes)
Nothing sure. My many friends got rejection in 3rd party UPI in V! retail quota, where there was almost confirmed allotment and few got in 3rd party. Upon calling linkintime for non allotment, they clearly said, it's rejected due to 3rd party UPI. So, better to invest with same PAN account.
@GJ Eighteen If you may confirm., the ones who got allotment in 3rd party, were they using SBI acc and did any rejected ones have SBI acc..??
463.3. Chhote Lal| Link| Bookmark|
April 28, 2024 10:41:31 AM
IPO Mentor (3100+ Posts, 1600+ Likes)
@Hanny Hello, here is seedi baat, no bakwaas : Strongly recommend to use bank account and dp account with same PAN. As third party is not permitted anymore, why even think about it for the purpose of IPO.
@ROAR Sir why are putting questions about third party repeat already @GJ Eighteen Clarified about third party also already geniune people @Chhote Lal@newgen consultancy@Jetha Lal@B.M.SURANA All other people mentioned here about third party that don't apply third party due to waste of time also waste funds after useless your time already sebi banned third party those days are gone out open individual bank account then apply Sorry if you hurt my words
@shri kishan meena Many got allotted using SBI UPI 3rd party, so just wanted to know whether all applications by them are not verified with demat and sb acc (UPI) PAN.
same bhai ye to confirm hai ki 3rd party UPi retail chal rha hai kyoki mujhe aj bhi 3rd party retails allot hoti hai ( Gpay + SBI) Vodaphone me 3rd party SHNI bhi mili mujhe
@Hanny This is called third party application..& One should avoid this.. Nowadays it's a waste of time & energy. Mostly 3rd party applications are rejected. Exceptions all always.. So better to open the new dmate a/c & new bank a/c with the name of your known friends.. Close relatives.. & apply directly in ipo's..!!
In JNK I applied 2 lot 3rd party in retail.. nothing alloted in that accounts. My bank is SBI My broker is Groww Nowadays 3rd party is getting rejected but in VI some people are saying they got allotment
I got 2 retail 3rd party allotment in JNK out of total 5 3rd party applications. Bank of india account, Bhim application. And 1 retai allotment out of 7 individual applications.
SEBI has clearly said it is not allowed. However, some banks are not following the directions because of poor IT systems. Action has already been taken against Kotak. Soon, all banks will fall in line. In the meantime, if you want to take the risk of getting an allotment in violation of SEBI guidelines, it is up to you.
Surprise to knew that you did not applied.. That's too on the basis of GMP only.. You must make study about the business model of company.. Company works in a very importent segment..& it's future looks bright.. Personally I applied in Voda fpo in retail higher only.. Due to making the arrangement for applying BHNI in JNK ipo.. & got one BHNI here... Looking to hold for some time..!! It was a easy allotment ipo.. no doubt..!! Have planned to apply here before Voda fpo.. Anyway !! All the best for future ipo's.. Think about future possibilities instead of past mistakes.. Share market is always a learning process.. I also skipped Jyoti CNG & Signature..Mamaearth.. All these have given multifold return in a very short period of time.. !! So now look forward.. Bandhu 🥀🥀
You can entered in this share if list below premium.. Or after listing if price fall upto 470-480 level.. above 500 risk reward is not favourable imo.. So due to selling pressure if price fall upto these levels than only you can think to enter.. In share market no one can claim with 100℅ surity.. that's why I can also wrong here.. So take action as par your risk taking capacity..!!
461. MAMU| Link| Bookmark|
April 28, 2024 5:25:18 PM
IPO Guru (1700+ Posts, 1100+ Likes)
118-123
Last traded premium Lazy day Sunday 😴 Mild trades happening