Applied in retail apps for firm allotment..... Prepared to have it in PF for some time.... Those skipping only due to QIB may note there were hardly significant QIB subs in recent IPOs such as eMudhra,Ethos,Paradeep,Hariom Pipes, Veranda, Prudent, Ruchi Soya, Vedant, Adani Wilmar etc..... Yet all are doing pretty well. So do your own research and invest. Dont merely look for subs or GMP. Rest follow ur FA....
of course you can..... Whether you should is a different question... Decide by your risk apetite
85. SSingh| Link| Bookmark|
November 16, 2022 3:07:49 PM
IPO Guru (1400+ Posts, 800+ Likes)
Don’t apply blindly because of FOMO. This is a discount listing candidate and the buying in grey seems to be fake which seemed to be intentionally done to attract retailers! So better apni akal ladao and dikhawe pe na jao! 🤓
APPLY LOOKING THE PROMOTER BACKGROUND AND GOODWILL. EVERYONE HAS REFUSED AT THE TIME OF LODHA DEVELOPERS ALSO, BUT AFTER LISATING WHEN PRICES WENT UP , RECOMMENDED TO BUY AT THE HIGHER PRICE. ALSO HAPPENED WITH MEDANTA, WHICH IS LISTED TODAY.
Members who had applied in Global and got allotment in small or bulk quantities might have got good return and going to get even more. At present 25% or so. A very good return. I think for these members it better to avoid Keystone. Sometimes it is better to keep oneself away from greed. Dr. Trehan a totally different personality of our country. Members who did not apply in Global and want to take risk can apply. Better not to apply. Keep patience. Market seems to be in good position but difficult to predict for next 15 days. A bad news and over. Suno sabki, karo man ki.
74. Ou Ai| Link| Bookmark|
November 16, 2022 2:07:12 PM
Top Contributor (300+ Posts, 300+ Likes)
I am not applying in the IPO. at Rs500 plus, many wonderful shares exist in secondary market. Real estate as a sector is under stress for bottom-line & profitably though top line is growing. Hence skipping. Take your own decision based on risk.