Hi All, if i want to open minor demat account only for the purpose of IPO application, which the best broker? Any broker which allows minor demat with zero AMC?
Today's listing of Archean has raised doubts against GMP at all levels. Market has come down today, but listing was bad. In view of this listing of Kaynes looks doubtful according to GMP. If the market conditions prevail same tomorrow, we can see not a good listing tomorrow. Let's hope for better market and the best listing tomorrow.
Beside qib, all the allotments r now lottery so there is no hni cost.....so even if it lists below gmp, its not hurting any hni or retailer..... It's a profit even if just near 10 percent..... I find these types of listing better as non-allotees r left with something if they buy in pre-open and show patience..... Worst is like dreamfolks when it lists quite high from gmp and keeps coming down