Finally today it crossed issue price. I have holded one lot from the day of allotment patiently waiting for rise.Now, sold it @ 509.50. Could have waited little longer for increase in price but i had intention of only to recover loss after it got listed with lesser than issue price. PS: The same happened with fusion but i sold one lot at loss but after some days it crossed its issue price. So, i thought it would happen with Sula and Landmark.Still waiting for Sula😊.
@SSingh Sorry for bad listing. I was already negative on this IPO. Very bad for those who believe in listing gains. Such a hefty premium was main negative. Negative market also a negative factor.
133. gala| Link| Bookmark|
December 23, 2022 9:56:36 AM
IPO Mentor (500+ Posts, 200+ Likes)
@SSingh Lets see how the ipo performs accordingly i will act why so much worry before listing. In past also i had bough some ipos which listed discount but in small span i booked profit. Just see the fivestar and fusion,rainbow initially listed at discount but in few week investors booked good profit even though undersubscribed. if the ipo is good wait sometime for good return. Everyone can't become a millionaire on listing day. Now the Qib,FII all behaves like retail invester even an ipo is good booking their listing gain and disappearing.
127.3. SSingh| Link| Bookmark|
December 22, 2022 9:03:38 PM
IPO Guru (1400+ Posts, 800+ Likes)