I don't generally comment on listing of an IPO. I have some shares in allotment. I have not sold any. Opening of an IPO is an unseen item . It has a psychological aspect also. Procedure after opening is a seen item. To me this opening today is far beyond my expectation. I happen to speak so as I dare not say it one of the high openings of this year . Reflection of it will be visible soon as I presume.
297. Crow| Link| Bookmark|
November 7, 2023 10:52:38 AM
IPO Mentor (900+ Posts, 1100+ Likes)
Congratulations everyone for the collective snub of Honasa IPO. I'm proud of the retail community for not going bullish on this, which I hope acts as a lesson to newage startups who come with aggressive pricing. Here's looking at you, Ola, Oyo, and Swiggy.
Always in restraint of Mrs. Crow.
296. MuStrFc| Link| Bookmark|
November 7, 2023 10:24:27 AM
IPO Guru (3000+ Posts, 2400+ Likes)
Managed Listing, from 311 in pre-open to just about the list price at 9:45. When all else are red, it won't be long this follows. Exited at 333.16. Fun ended in small gains.
I think the listing was Much Beloe Expectations Around 9.40 the Operator was unable to push the equilibrium price further I was expecting 10-12% gains which didn't come
But seeing market conditions the listing was Okok
High Risk takers can stay others can Exit with their 3% gains
Survived. Not bad listing even after all odds. Managed everything including subscription and listing. In today's bad market listing at about par. Great efforts by promoters. Difficult to say movement after listing. But be careful. Don't be so greedy. Other good options are there. All the best.
Yesterday managed well. Today market closed in green. HONASA in RED. Below offer price. Anything may happen. Why to take risk when other shares in demand are there with good prospects. Take care of funds. HONASA now Jo HONATHA, Ho gaya.
Retailers should stay away in Pre IPO buying. Expensive pricing will not sustain and retailers might get stuck.
Better Buy Cello at current price.
281. NeoLongus| Link| Bookmark|
November 7, 2023 12:08:59 AM
IPO Mentor (800+ Posts, 400+ Likes)
Look forward to being either right or mildly wrong on this one morrow!
Irrespective, all the best to all brave hearts who applied.
Keep minting!
281.1. NeoLongus| Link| Bookmark|
November 7, 2023 10:15:47 AM
IPO Mentor (800+ Posts, 400+ Likes)
The continous trend of the depth data on NSE makes me believe that its a staged listing...any perspectives from any other boarders who are savvy day traders?