With only 10% allotment to Retail and likely subscription of more than 4 times in retail category, the chances of allotment are median and with the 10% discount offered ti retail, there is a safety margin if any allotment happens. Also with the kind of players involved, the IPO is sureshot going to be over subscribed and will open atleast close to issue price. If anyone in retail is applying, wait till Wed morning and take a call but with limited risk as stated above, its a decision to be taken as to whether so much hassles necessary for a profit of INR 1500 that too in case shares alloted.
Kishan Parekh, restrict your messages to the connected IPO only. Use other forum for your stock ideas.
Have you bought Idea earlier, and now want to push its price up by giving unsolicited advice!!
Full marks to 89.1 IPO fanatic for blasting your views point by point. No need to go by your recommendation. Maybe we should ask the admin to block you.
On the day of listing the profit for retailers is rs.98(discount)+ 100(listing gain) This is sure gain. Those,who are willing to sell on listing day can apply for matrimony.com All the best
hello everyone avoid this ipo there no chances of listing gain so dont block your money in this and there are other ipo coming like capacite and icici so invest your money capapcite and icici
79. R R Patel| Link| Bookmark|
September 11, 2017 3:07:20 PM
IPO Mentor (800+ Posts, 3400+ Likes)
Matrimony.com Ltd. IPO subscription figure day 1 @2pm:-
RII seem to be itching to apply to any and every IPO and finding reasons and rationale to apply. The PE players have not fully exited throgh OFS, for reasons such as their acquision cost is high and on settlement of US litigation, and reduction in expenses, 2017 has been a profitable year for the company. So there is scope for a positive listing subject to investors finding value at such high PE. Do not go by GMP alone It is not a 100% fail safe yardstick to invest. Finally, do not go by sentiment alone. There are better bets in secondary market for overnight gains like L&T, RPG life sciences in todays trading..