i haven't registered my bank account in my zerodha from which i apply ipo from online net banking.we have to add our bank in broker for applying ipo or not??
273. ipobull| Link| Bookmark|
November 6, 2023 11:05:27 AM
IPO Guru (1000+ Posts, 1000+ Likes)
Mamaearth is not exciting me at all. This is going to be a sure shot failure. Some operators may jack up prices initially, but eventually it has to align with ground realities.
I have a good risk appetite but did not dare to apply here. Hopefully bravehearts who applied here will get a decent exit.
273.4. ipobull| Link| Bookmark|
November 7, 2023 12:44:14 PM
IPO Guru (1000+ Posts, 1000+ Likes)
With the quarterly results out, Nykaa looks better at the current levels than Mamaearth by a considerable margin. ME is going to fall below issue price tomorrow.
273.5. ipobull| Link| Bookmark|
November 8, 2023 11:17:56 PM
IPO Guru (1000+ Posts, 1000+ Likes)
I feel if retailers would have fully avoided this ipo then it would be good lesson to promoters of startup era on valuation. Greediness of retailers will now have other IPOs like mobikwik coming in at unrealistic valuation
272.3. PavanM| Link| Bookmark|
November 7, 2023 11:25:20 AM
IPO Mentor (600+ Posts, 400+ Likes)
@Useful yes, you are right. those who applied in Retail/sHNI, bHNI, If you avoided, future IPOs would have been reasonably priced or atleast it would have forced promoters, lead managers to leave something on the table for investors. As market is good from few days, it listed in positive. if listing happened in last month like market crash, you would have lost ur capital also naah ??!!
Retail basis of allotment ( from what i have seen among frnds ) 1 lot + 15.5*(extra lot shares )
261. MAMU| Link| Bookmark|
November 4, 2023 10:44:07 AM
IPO Guru (2000+ Posts, 1200+ Likes)
Stay Cautious Now ❗ Everywhere & Even in local news papers journalist publish about bad article on company work and balance sheet. Shares quantity alloted more than extra in all categories. BOA will help little how QIB , BHNI, SHNI & RETAILER RATIO.