614.2. 🔥 MOG 🔥| Link| Bookmark|
December 17, 2021 12:33:47 PM
Top Contributor (400+ Posts, 200+ Likes)
The allotment is pretty weird this time.....Some people getting excess lots probability wise and some people not getting even lot with multiple applications even though probability wise they were better off.
Sebi getting thousands of complaint against linkintime every month but not taking any action or steps seems raising many doubts too...time for hc or sc to take action and order sebi to do fare system of allotment process ....????
Applied 13 lot 13 lot two different PAN but not getting a single lot, very disappointing 😭 I also applied same in tega and Anand Rathi but not getting a single lot...uff.. U really says true....
Is there anyone whose amount is not unblocked yet in SBI or other bank? I have checked in linkintime app that i haven''t been alloted but amount is still blocked. "Worsest"ever SBI
SBI, my funds still blocked. Still Not yet liened amount. Why SBI very slow I don’t understand. First time I am experiencing. Many ipos applied but this is the first time - worst experience.
610. lokes| Link| Bookmark|
December 7, 2021 11:18:11 AM
IPO Guru (4400+ Posts, 5100+ Likes)
Tega funds can be used mainly here (mapmyindia) for good returns. Some funds can be put in rategain/shriram properties also as per last day subscriptions since both are little risky to play in HNI. Medplus is good ipo but HP adhesive doesn''''t look so good. Rategain funds can be used in medplus but shriram properties funds can''''t be used in medplus. Mapmyindia and shriram properties funds can be used in HP adhesive if that has good gmp/subscriptions.
@Lokes sir in current market scenario is it a wise decision to buy mapmyindia in pre open on listing day for long term?Or I should wait till anchor lock in expiry or wait further?
610.2. lokes| Link| Bookmark|
December 18, 2021 1:08:34 AM
IPO Guru (4400+ Posts, 5100+ Likes)
@ronne: This stock is good for long term but for buying for long term, better to wait for some days/weeks or as you said wait till near anchor locking period. or you can just buy 25% of your total capacity for this stock in preopen not much. Almost all stocks have gone down below listing price on listing day or in some days, except paras/nykaa (nykaa came near to listing price or little below u can say not much). We need to be watchful of market conditions also. I feel in this stock, short term play can also be done for 1-2 days means buying on listing day morning when usually some dip comes then selling in 1-2 days with some 8-10% profit. it can be done, as per sentiments/market on listing day, will see that time.
609. Crow| Link| Bookmark|
December 17, 2021 11:55:12 AM
IPO Mentor (700+ Posts, 900+ Likes)
MapymyIndia IPO 1/2 allotted. Bas ab koi listing strategy bata do. I am bad at preventing my biases come into the picture, so some advise would be helpful.
609.1. 🔥 MOG 🔥| Link| Bookmark|
December 17, 2021 12:47:46 PM
Top Contributor (400+ Posts, 200+ Likes)
If you had applied for listing gain, then i can''t suggest you any strategy but if u have long term outlook, hold this gem as this sector has just started booming in India. Nowadays maximum cars come with infotainment system which has maps functionality and this company is the absolute leader in this segment. On listing it may go either way but i expect it to go the positive way as demand will be high.
Some research on why this is a growth story: 1. asset-light business model with low variable cost and high entry barriers in the segment 2. Profitable repeat business- my company gets 92%+ revenue from existing customers so I understand how great that is...we were able to sail through the pandemic just because of that. 3. Mapping complex geo like India is not an easy task..and MapMyIndia has early mover advantage..their maps are getting more accurate with time incorporating the feedback from users.. 4. It might be difficult to understand for some that why it should be highly priced when companies like Google maps offer free maps to consumers... they charge enterprises for their APIs and they will continue to do so in future with every SAAS PAAS Companies using their services... 5. New edge technology has brighter future in India with self driven cars..and drones ..map my india being the leader with high entry barrier their products and services demand will continue to grow...
So one can book partial profit if need be.. and hold the rest for long term.
Looks so many get Alloted 1/3 2/4 even though subscription of retail was 15 times, this same happened in Tarson and you see listing of Tarson, Tarson was Also OFS and this is Also OFS, so I doubt for Great listing, As GMP says.
i guess you can book profit from 1 account on listing day and wait for future for long term so that you can get you capital back from selling 1 lot and still be invested in this gem co.
603. SSingh| Link| Bookmark|
December 17, 2021 8:13:07 PM
IPO Guru (1400+ Posts, 800+ Likes)
Listing will be surely 50% plus but will surely depend upon global markets. Equity market of Turkey has been suspended today. Increasing Omicron cases etc. must be considered as well. Anyways, don’t sell in panic! All the best to all the allottees.
I am not allotted with shares as I got mail to my mail id. But SBI still holding my money. Maybe due to bank strike today. I will apply for supriya LS but scared to apply this as still glenmark LS my money still in debit (720/- offer price and now at 607/-(600-610) so once again thinking what to do. Shall I apply Supriya or not 🤔
601.1. Jetha Lal| Link| Bookmark|
December 17, 2021 7:20:40 PM
IPO Guru (1000+ Posts, 2100+ Likes)
Apply If you are extremely lucky you will get allotment. It won''t list in discount because of quality Anchor investors. If it list below GMP and HNI cost is more than GMP then sell on listing.
Dow down 500. 16800 nifty gaya to khatam tata bye bye. Market may recover from Monday gapdown. But need to open gapdown only. If flat opens. Then screen selling will be huge.
I applied 5 application from sbi.. 2 I got when checked status on linkintime.. Till only 1 money got debited and 4 are in blocked stage.. Why money not debited and money not released from other account..
same here sir, applied for 4, allotted 3 but fund deducted for one application till time....i received email from mapmyindia that 14 shares has been allotted.
MapmyIndia listing will show how market sentiments impact even very heavily subscribed IPOs and will be a good learning opportunity for all the members of our forum.
For Dear Friends who are not happy with Li! Though the schedule displayed here shows the shares will be credited to Demat account on 20th December, the RTA has credited my demat account today itself and I got the SMS too!