There Is No Such Complexity In SME Trading. Look QIB Has 50% Share Which is In Lock In. 80% HNIs and Retailers Have Changed Hands. Valuations Are Starched Now. So It can't Rerate untill Q4 Results Ced Out and Show Positive Signals It's a Joy Ride Be There Untill You Enjoy It. I also Have One Lot Allotted in Retail.
@Primary Market Learner Good explanation :) Holding 1 lot @75.
144. lokes| Link| Bookmark|
April 5, 2022 2:48:33 AM
IPO Guru (4400+ Posts, 5100+ Likes)
In my opinion, expected price range is approx 53 to 57.....so better to book profits if listing/trading above 60 and buy if listing/trading below 49-50.... I am not allotted here....
Lokes, thanks for your review. I will buy if it list below 50 as recommended. Just an out of context basic knowledge ques. All the pre open bids orders (buy/sell) only execute post 9.44am? If a buy order placed at 9.10am and cancelled at 9.42am will be cancelled right and not executed even though it matches sell orders/ equibrillum price? Any possibility if a order can be executed before 9.44am? Thank you..
144.2. Ravu| Link| Bookmark|
April 6, 2022 6:56:11 AM
(700+ Posts, 400+ Likes)
9 to 9:44 am is order placing time for IPO price discovery You can make any changes including cancellation during that window (orders won't execute). After that matching orders will get executed. For safer side you may be consider 9:43 for making any changes.
How many lots you have in this anant? Do you plan to hold or sell. Whats your generic view of this sme? They seems to be true sme with trying out different businesses and having employee strength of 200 plus...
Have you completely exited from PE, KN agri, shigan?
143.2. IProfitO| Link| Bookmark|
April 6, 2022 10:47:42 AM
Top Contributor (200+ Posts, 100+ Likes)
Bang on listed at 75.
143.3. anantagg| Link| Bookmark|
April 7, 2022 2:48:34 AM
Top Contributor (200+ Posts, 200+ Likes)
I didn’t apply this one but I was just tracking it.
Holding 1 Lot. 70% Retailers And HNIs Have Changed The Hands. 30% Remaining and New Operators Will Ride Krishna Now. Congratulations To All Allottees and Specially Who Are Still Holding. Triple Digits 🔜
@montu parashar oh, even after contacting customer care? and if not on first day how can we sell it the next day? by contacting customer care? or we can do it ourselves from app?
already passed 3 pm and still funds not released from ICICI.
Luckily did not need funds today, but things would have been unpleasant if today was last date of any good IPO. Usually funds are released in time from ICICI but this is my first bad experience. may be because of bigshare, but even in other bigshare IPOs there was no such delay.
Hello @MRavi...Need some advise with the NRIs funding into Indian Markets...i hope you wont mind asking me following ques:
1. My friend is Indian and currently working/residing in Dubai. If he wants to invest in Indian IPOs, would he need the Aadhar card? (he already have a brokers account and an NRO bank account) 2. Does he needs to submit the tax returns? 3. Is a NRO bank account sufficient or he needs a separate bank account wherein he can easily trade in IPO? He would be funding this account from his Dubai bank account. 4. Any other critical aspect to keep in mind for an NRI to invest in Indian market?
1. Please ask your friend to open NRE account and link with the demat account ( I won’t suggest IPO applications through NRO account which is more than 30% TDS. NRE savings zero interest). NRI doesn’t need to link aadar card ( it’s better to link Aadar and PAN though).
2. If he has Indian income he requires tax returns ( I file tax returns always) better to check a auditor. My suggestion is that filing tax returns will make sure when he returns to India at later date, will be beneficial for clean records.
3. Please See item # 1, and don’t transfer money from Dubai to NRO account (it suppose to be a NRE account, which has benefits than NRO). I would Suggest to open a NRE account with trading account in a reputed online brokers or banks ( it’s so easy with IPO applications)
4. Please check depending on your risks, some banks give 6% interest rates for NRE savings. Use ASBA when applying IPO’s. ( don’t enter in secondary market if you are new. Try to apply in quality IPO’s)