254. R R Patel| Link| Bookmark|
September 13, 2017 8:03:18 PM
IPO Mentor (800+ Posts, 3400+ Likes)
Matrimony.com Ltd. IPO subscription figure on day 3 @7pm:-
QIB - 1.8774x HNI - 0.4083x RII - 17.9786x Employees - 3.2088x Total - 3.36 Not good but listing wouldn''t be in discount so don''t worry it will give atleast 10% (as discount) + 5-7% lusting gain not much.
Those who have not applied will regret their decision. Surely going to list above 1075 and will rally to 1200 Retail allocation will be absorbed in 15 minutes of trade. Wait till 11.00AM on listing
Very meagre quantity of shares are reserved for employees. 5600 shares, the value of which is 0.5crores out of nearly 500 crores size issue i.e. 0.1%. It can even be manipulated. It is not an issue to be boasted upon. Why HNI participation is now decreased from 1600hrs figure. Some thing has happened.
Kindly not I applied and got 2 lot in apex....Financials and future growth only brings HNI to subcription....Apex is much better..but now running in euporia...I found HNI ''s are always much brilliant while deciding
ok I will keep close look..I am bit worried still is in T group up to 18th and once it starts downward journey difficult to sell...anyway I will trail the stoploss and see
I don''t think there will be any buying on listing day, just like SIS, given its stretched valuation. I won''t be surprised if discount given to RII vanishing in pre market.
Makes sense for HNIs to apply in Retail, but may be its partially true..If most of HNIs are subscribing in Retail, Retail category should be over subscribed by atleast 40-50 times. what do you say?