Mankind Pharma Limited IPO Message Board (Page 14)

Other way round, those who bought at gmp 100 will always try to list more than 100 so they will put order at higher level.

@ipo stonks As per my knowledge In grey market those who have sold their application to grey broker has to put sell order according to the instructions of grey broker.. some senior members who deal in grey can shed some light on this..

@ipo stonks I doubt your grey market knowledge sir no one need to give money from there pocket grey market selling and shorting are different things the example here you mentioned is shorting. Selling means suppose if you sell your shares in grey market at 120₹ premium and share list at 200₹ premium then you will get 120₹ and broker ( grey market dealer who bought your shares ) will get 80₹ so seller will never be in loss he will get his 120₹

@ipo stonks Buyer will also put higher bid to increase the share price because he already paid the premium of 120₹ so his cost per share will be 1200₹ so he will try to put higher buying order to get profit
I hope your doubts will be cleared and all the best for very good listing 👍🏻

@ Tejus pandya what you have said is perfect...you R Absolutely right.

Ipo stonks fake info mat share karo warna insult milayge.

@Tejas Pandya  I myself deal in grey market. Some brokers instruct others don’t. At least my dealer doesn’t order me to put order at specific time or at specific prices. The trade in grey is settled at the listing price that’s it, needless to say it is cash settled for the difference in listing price and grey market price.

@Param Patel You forgot the tax implications Buddy. In your example above, technically first I will receive 200 listing premium in my bank account out of which 120 will be mine and rest 80 I have to withdraw from my bank account and give it to the dealer (all grey trades are Cash settled). BUT, while paying my income tax I will have to pay tax on Rs. 200 my earnings and not on Rs. 120. (You obviously won’t deduct tax and pay to your grey dealer, if someone does this that will be hilarious 😂). The current tax on short term gains is 15%.
On earning of Rs 200 tax at 15% amounts to Rs. 30.
So finally you will end up with Rs. 90 after paying the dealer and tax.

Now, how about many people selling it at such a lower price that the listing is below the grey at which they bought?
Ex: I sold at 100gmp and it lists only at 20Rs GMP.
I will get 20Rs in my bank account (stcg to be paid only on this amount). Rest Rs 80 grey dealer will pay me in cash on which I don’t have to pay any tax. 
See that’s why anyone who has sold at a handsome GMP will not want the IPO to list at a price higher than the GMP.

I think this proves my grey knowledge :)

@papon Yes definitely they will try to place bid at higher than the price they paid for in GMP. But the QIB will be selling too when they see such a premium, not all QIB’s hold their shares. There will be hell of a selling pressure on listing, the grey gang/dealers should have very very very deep pockets to command a very good grey premium. 

@Sunny Leone  spam attack 🤛🏻

My experience in gray transactions.
My broker put or tell me to put sell order in preopen @issue price.
First thing they are trying is to exit position in preopen or with in 5min after listing.Sometimes they are waiting whole day to cut position.(perhaps they were instructed to do so from his upper lines)

Unwritten Commitment is to square off all positions on listing day itself.

@harit , harit ji, I have few queries, please help me to understand,
if someone wants to keep in portfolio, though he sold his app in grey, then is it not possible to settle grey operator by pre-open listing price (by paying cash in difference) and retain his share in demat account?
I mean, selling and exiting from stock is Must in grey deals?
also if grey dealers want to increase the pre-open listing price, will they ask grey seller to place sell order at uc price?

You tried to be oversmart. Always apply at cut off

Bro ipo subscribed 15x and u still applied @1026
U dont even have common sense.

It is always advisable to apply at cut off so you will never regret.

Dear Shams,
You are well aware that allotment was given to those applicants who had applied on cut off price or at the highest price band I.e. 1080. Always apply on cut off price. In your earlier post I had also replied the same.
If you write that you have not received any allotment, which was obvious, one or two members will make fun of you. Such posts will also be liked by members in more numbers.
Who have nothing more or information to share will try to write such things. It's you who have to decide at what price you have to apply. But never regret, learn from the mistakes done.
People always laugh on unsuccessful person but these unsuccessful person always get success.
Please don't mind my words. I'm not going to make fun of others.
Thanks @Mr Ipo.

@ PKRAJ Ji , I think you are pointing me as a person who insulted Shams. For your information I don't like insulting someone unless he insults me. I just use the word Oversmart and its not insulting. I don't have the privilege of access with grey market dealers being from a small town does not means i have low in information on market. Shams seems new in the market and done such silly mistake which we all have done either this or that in our earlier days in market, so I tried to make him understand that oversmart in market doesn't works. Always respect supremacy of the market.

@papon,
You are senior experienced member of this forum. Thanks for your kind words and respect given to me. I know that you always respect all. None of us know one another personally. But still know by our posts. I am always learning at every step of my life.
Wish you a healthy life.

Dear all experts who reacted to my msg of IPO application at ₹ 1026/-, I would like to clarify that I am very well aware of cut-off price which is for anticipating allotment in case of oversubscription only. Since the issue was appearing to be remain unsubscribed, I applied single lot in my wife's account at lower price band of ₹ 1026/- in Retail Category.

It was an experiment just to check the allotment in Retail Category when issue remains unsubscribed in relevant category independant of overall subscription. Also I was not that keen to grab allotment so desperately.

Else, I got allotment of complete 2 lots applied at cut-off in my account.

9th

@KING VINOD Thank you for boosting our confidence who have invested in the ipo..

Great work as always...You are helping many retailers with your analysis!!

👍🏼

Thanks Vinod -- You are creating more positive vibes from the beginning. Keep rocking, man.

@KING VINOD I remember what you said same happened in MOS listing, I am confident after seeing your post Same will going to repeat again in mankind also
Thanks sir for your valuable post

.

@ KING VINOD...HAT S O F TO YOU , GEM YOU ARE.FOR GIVING CLEAR CUT IDEA WHAT YOU HAVE...THERE BY HELPING SMALL INVESTORS WHO DOES NOT HAVE CONTACT AS YOU ARE HAVING THANKS A LOT DEAR....🙏

Thank you sir for your suggestions.

Mankind Pharma Last GMP 143 Buyer @ 09:30pm # May 8th.

As I mentioned yesterday in the above post that Mankind Premium will pass 140. Achieved in accordance with my expectations. Now wait for tomorrow listing. Tomorrow listing going to be in that above mentioned range.

Mankind Pharma Listed Exactly 1300 as per my expectations. I hope those who follow me made Handsome gains. Dua mein yaad raakhna 🙏🏻

@KING VINOD Thanks for instilling confidence in us.
Really appreciate your timely advice.

@king vinod ,you r doing good job... keep it it Man..God bless

@King Vinod-- Great Job Man. Thanks a lot..

Friends those who have followed and made a Good amount in Mankind Pharma those people can donate atleast 1% of the profits to the elderly, orphaned children and the poor.🙏🏻🙏🏻

Very nice initiative @KING VINOD

Great analysis and listing estimates ...Thank you @KING VINOD

दुआ में याद रखना 🙏🏻
Always Remember me in your prayers

Salute to you @KING VINOD Sir

@king Vinod Thank You Sir for your super prediction. As per your guideline I didn't sold any share (780). Please suggest next target in short term and long term