Thanks for your feedback. I will surely post here if 3rd party application will be alloted to me. Even rejection will also be posted by me after allocation procedure will be completed by Kfintech.
638. ManishDwiv| Link| Bookmark|
April 30, 2023 10:40:54 AM
Top Contributor (500+ Posts, 200+ Likes)
1150-1175 listing price
its just QIBs shud not forget to place their bids in the preopen othrwise selling pressure will be too much. Medanta was also listed with high gain bcoz of MF bids.
Took a small beating in Avalon Tech IPO but applied for one confirmed lot here. Strong sector with huge potential and a leading player in the pharma. Already have stake in Pfizer, Cipla, and Dr. Reddy's, so hoping for a decent listing. Valuations are a bit high, so it's a very risky bet.
On a side note, I've been a regular user of Raymond's Kamasutra condoms (only with spouse Pigeon, mind you) and I own huge numbers in Raymond shares. But now that GS is selling its consumer retail business to GCPL (also which I own a small number) and since I'll go long on Mankind Pharma, I think I'll need to start using Manforce condoms. Hopefully, my Pigeon will be happy. :)
As usual, sold principal at 25% up and keeping the rest for longterm (30 years).
A rare wonderful listing for me since Medanta in November 2022. Congratulations to all allottees who continue to take risks in the primary market and enjoy the ups and downs.
I've already informed my caretaker to get Manforce condoms for me for this month. Pigeon is onboard.
633. IPO VALSAD| Link| Bookmark|
April 29, 2023 6:19:51 PM
Top Contributor (200+ Posts, 100+ Likes)
Jab bohot negativity ho tab listing faadu hoti he... Par yaha subscription figure ke baad sab bohot positive ho gaye he... Ab to muje bhi dar listing ka dar lag raha he.... 😥😥😥
Will definately list above GMP, may be 110 to 130 +. This is as well known corporate houses and good book funds have invested as anchors .Also very good subscription of almost 50 times QIB.So enjoy your weekend all those who have applied.
631. Eagleye| Link| Bookmark|
April 29, 2023 10:50:58 PM
IPO Guru (6600+ Posts, 21900+ Likes)
Don't be over enthusiastic on it and don't be over bearish on this.. What I learned that what shown at 9.45 on screen.. वो ही सत्य है । Disc= All sold in grey.. no open. Good luck to all 🤞
@Noorul The outcome of the IPO is available at 09.45 hrs. on listing day only. Before that every thing is assumption only. Not to be very enthusiastic or over bearish, is absolutely correct, otherwise disappointment will always be there. But always try to be positive. Not going to get or lose more than luck.
626.4. ipobull| Link| Bookmark|
April 29, 2023 4:30:37 PM
IPO Guru (1000+ Posts, 1000+ Likes)
WE CAN'T PAINT EVERYTHING WITH THE SAME BRUSH. HEAVY OVERSUBSCRIPTIN IN QIB CATERGORY AND UNDERSUBSCRIPTION IN RETAIL & HNI IS RIPE SITUATION FOR A BIG BANG LISTING. WE HAVE SEEN IT IN GLAND PHARMA.
@ipobull Well if QIB's don't punch their buy orders in pre-open on the listing the IPO may list much lower than expected.
625. Smile✍️| Link| Bookmark|
April 29, 2023 2:32:34 PM
IPO Guru (1600+ Posts, 900+ Likes)
Nexus Select Trust to hit capital market on May 9 to raise up to Rs 3,200 cr via retail REIT IPO Read article on https://www.zeebiz.com/markets/ipo/news-retail-reit-ipo-nexus-select-trust-to-hit-capital-market-on-may-9-to-raise-up-to-rs-3200-crore-232813
I have been observing for a few days.... CG GMP site topsharebroker displays advanced times of the GMP..... For instance today currently it displays mankind GMP as 88 and the time of GMP shows 11.37 AM of 29th April.... The time we have t reached yet. CG admin sir is the time machine is real?
@Justlearner There is nothing real in Grey Market all know. Only in Air. But Grey Market is still active snd alive. Only commitment done between two is real. Even if it is real, difficult to prove. My way of thinking. Only we have to believe, if we want to, otherwise not. But we believe to some extent. Don't you?
623.1. MAMU| Link| Bookmark|
April 29, 2023 10:32:08 AM
IPO Guru (1700+ Posts, 1100+ Likes)
Many of the banks removed 3rd party user from their saved data. So it will be lesser chance this time. Wish you good luck if you applied, hope will allot.
@Vipul Shah, This IPO is oversubscribed. QIB heavily and NII also oversubscribed. Only Retail is under subscribed and some applications are liable to be rejected for many reasons. Now this is the testing time whether the rules are followed or not regarding third party. If any issue is hardly subscribed at about 1x in all categories, then there may be chances for third party allotment. But this IPO is heavily subscribed, there is minimum chances of third party allotment that through oversight only. Members are requested to share third party allotment if done to any body. Better listing is likely than expected earlier.
@Vipul M Shah I got 2 recent 3rd party allotments in Quicktouch by skyline RTA that was 100x subscribed ... Infact my first party applications returned blank while both 3rd party applications got allotment. If I tablulate all my allotments since last year, i hv got more 3rd party allotments than 1st party.