Varanium over Maks turned out to be a good decision. Even after good subscription numbers, not listed good, Varanium on listing day itself gave 10% returns.
Maks was a avoid from first day and varanium was may apply .....only thing going on for maks was it's small size and hence a good subscription..... I did wrote that gmp of 6 was on higher side.....
Varanium still has some turbulence......i will buy one on Friday seeing how the price fluctuates on t+2 days....
43. Takamichi| Link| Bookmark|
September 28, 2022 1:11:33 AM
IPO Mentor (800+ Posts, 700+ Likes)
Seeing so many reverses in almost all the good IPOs, there would be some hesitation.....still the subscription is decent so will list positive.... Gmp being circulated seems to be on higher side .... Will say listing at around or below 24.....
42. Wishal| Link| Bookmark|
September 28, 2022 12:44:12 AM
IPO Mentor (500+ Posts, 300+ Likes)
Same here, it’s always after 3 pm, which makes us unlucky We can’t plan for any particular lots at even at 2:55 pm, things change so much Unfortunate for many of us
If 1 more 7-lot applications, then we will have 33% chance in 7 lots applications.
38.4. lokes| Link| Bookmark|
September 21, 2022 2:48:56 PM
IPO Guru (4400+ Posts, 5100+ Likes)
good move @Mravi sir...all the best for good listing...i applied only 1 retail lot :) as no money left.... Good luck to @avenue @noorul @bhav and other applicants here for allotment with their hni application....
@shanm: it was small size so subscriptions increased lot after 3pm, looks like it was intentional from big guys...so that others apply less as per subscription and they get more lots... in varanium cloud and other ipos, subscription didn't changed in such ratio after 3pm usually....normally it becomes 2 to 2.5x final subscription in comparison to what it has at 3pm....so accordingly we can decide....
Subject to 24000 BOOM. Due to market sentiment, upcoming fed rake revision and low subscription I played safe with 1 retail. Did not expect such subscription otherwise could have gone to HNI quota.
@ Shanm It’s small issue with good subscriptions figures. Can surprise with the listing. Not sure what will be the listing. I will not advise buying during this time when market may fall further.