Only 51 lakh shares available. Absolutely no free float. Watch out ..... Stock will not be available easily .....It's almost DEBT FREE COMPANY....HAPPY LISTING !
Link for pre open...... https://www1.nseindia.com/live_market/dynaContent/live_watch/pre_open_market/pre_open_market.htm?cat=NE Showing 180 as of now
Jai Jinendra.....Ipo bharo aur bharne Do....
331. Manup| Link| Bookmark|
October 15, 2020 12:13:03 AM
Top Contributor (400+ Posts, 200+ Likes)
If you willing to short you can't as it's in T group Broker doesn't allow anybody to short But at the same time he doesn't allow you to buy except full margin
The stock will have a brutal fall sooner or later, en If someone has applied despite all indications of forgery, suggest to exit asap and encash as much money as you can from this IPO. Preserving your capital should always be treated as more important than earning money from any stock investment
But since it is your money.......therefore Suno sabki par karo sirf apne man ki
Despite clear indications of impropriety by the issuers, some of us got stuck in this low grade IPO. Remember market never forgives cheating, forgery or impropriety. Sooner or later it will be reflected in its stock price.
Irrespective of any amount listing gains, our friends should look for earliest exit from the stock if they got shares allotted in this IPO. Whenever the fall happens, it will be brutal and will not give any chance of reasonable exit.
In the end it is your own money, that is why "Suno sabki par karo sirf apne man ki"
329.2. jajo| Link| Bookmark|
October 14, 2020 6:35:28 PM
Top Contributor (300+ Posts, 200+ Likes)
@IPO Mitr, I will appreciate if you will please explain as to what kind of cheating, forgery and impropriety the company or promoters have committed in their book of accounts or in disclosures. Ofcourse, they have tweaked the QIB and HNI reservation portion and extended the IPO bidding period on the last day in order to save the issue. I think the regulatory authorities will look into it and spell its legality
Recommend exit from this stock with whatever listing gain possible.
There are so many good companies available at reasonable valuation which have proven their worth in equity markets. No point in remaining stuck in an IPO which have lost its credibility.