Allotted 0 / 2 in MAS. Applied on first day at 11 AM. Still not got any allotment. Lost interest in IPO''s in just 2 months. Lucky to get 1 out of 2 allotted in Dixon in first attempt... So can feel the frustration of people who are trying to apply from last 2 years and not getting good response.
Grey market premium (or grey market price) is a premium amount in rupees at which IPO shares are being traded in Grey Market before they get listed in stock exchange. Grey market premium can be in positive or in negative based on demand and supply of the stock.
Grey Market Premiums are also attached with words ‘Buyer'' or ‘Seller''. They tell the price either at which buyers are willing to buy shares or the price at which sellers are willing to sell their IPO shares.
Once Again Happened... I think... i should move out from IPO... from last 2 years... just got 4 allotment out 90 in all ipo ..... It high time now... I really think it is lottery basis or only their nearby people get it
Its already down to 220-223 from the morning high of 230-233. It will slide further and will keep sliding till listing. If anyone''s got allotment and is planning to sell at listing, sell them now at GMP as you may not get this rate at listing.
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October 16, 2017 12:05:22 PM
Top Contributor (300+ Posts, 100+ Likes)
With due respect to your experiences, I observe that it was steep selling simultaneous to index stocks. The people with low capital or nuances have profit booking to exit in such cases, and may be right in their situation. However with nifty recovering the scrip -GA- is recovering, though slow.
Similarly the GMP at today''s closing and overall market sentiment will be driving measure for tomorrow''s trade. Do agree MAS is not much of portfolio stock as is case for GA