GMP increasing. Tomorrow there will not be selling pressure as Retail quota was just 10% and HNI was almost zero subscribed. KFIN can easily manage few shares of retailers. We will see good operator game tomorrow.
If the Listing is happening at a discount, one should Buy. Only because of a weak market we are able to get IPO shares allocated and get to buy them at cheaper prices. I feel the IPO market will be booming in 2023 and KFIN is the biggest beneficiary on of it. I find the IPO fee income is the key differentiator between CAMS and KFIN..
Rajkot rate Gmp -19 seller(discount) What's wrong? Think no support for any ipo for any listing gains. Company carries tainted reputation form karvy fiasco scam of 3800 cr. It will weigh on kfin tech listing for sure
158.1. Param Patel| Link| Bookmark|
December 28, 2022 7:44:28 AM
IPO Mentor (700+ Posts, 400+ Likes)
Check your source again GMP recovered last night around 11 pm it was 1 with buyers
Gut feeling that this may be black sheep. Already though pe is 39+ at ipo price. How long the band stretch....... Also tainted parthabhai is there in co. Some of his nongovernance hue may be woven in mkt.