136.1. Chhote Lal| Link| Bookmark|
January 16, 2024 8:44:44 AM
IPO Mentor (3000+ Posts, 1600+ Likes)
Retail subscription may touch 3 times by the time issue closes, however so called experts elsewhere are of the view that this counter may be considered post listing.
136.2. Chhote Lal| Link| Bookmark|
January 18, 2024 8:02:11 AM
IPO Mentor (3000+ Posts, 1600+ Likes)
See retail subscription was just about 3 times only.
136.3. whiteFox| Link| Bookmark|
January 18, 2024 8:21:37 AM
IPO Mentor (600+ Posts, 200+ Likes)
@Ankur Goel Thanks for the clarification. Maine just zerodha ka account open kiya he guardian ke liye kyoki ab zerodha bhi minor ke liye online account kholne ka option de raha he or kite id bhi dega minor ke liye
@Ankur Goel Naver late. I was also maintaining an account with MO; one night i compared the contract note for same security for same sell amount from my other broker account. Charges were extremely and unreasonable high in MO, next day early morning (09:15) I sold my all holding and closed my account online at T3. There is a good option for online closure in MO.
135.4. AryanRaj| Link| Bookmark|
January 15, 2024 8:37:17 PM
Top Contributor (600+ Posts, 100+ Likes)
Open with prostocks or fyers. Fyers is cheaper as there is no account opening charges. Confirm from them if one can sell from minor. Many cgians have reported fyers allowing minor selling but cross check.
135.5. Ankur Goel| Link| Bookmark|
January 15, 2024 9:37:37 PM
IPO Guru (1100+ Posts, 500+ Likes)
@G.S. Is zerodha providing login ID for minor. If yes, can we buy/sell in CNC mode in equity segment.
I know it is allowed in prostocks not sure about zerodha.
Trading account for Minor is not allowed in Zerodha. Only Demat account. I have heard its available in Prostocks & in Fyers; but not sure. Group members may please confirm if they have minor trading accounts with any of the brokers.
@Ankur Goel Mene customer care me bat ki thi waha se reply mila he ki login id mil jayegi or process puri hone ke bad pata chalega ke minor account me sell allow karta he ya nai
thanks for your comments.. seems really interesting given the low GMP and subscription numbers.. though for me personally your views are more important for applying in this counter...waiting...
@newgen consultancypl share your view sir your silence impact learner life, not your or admin pl share for us or share other medium were you want to share your knowledge.hope you focus on your happiness rather than any resistor
131. Not Smart| Link| Bookmark|
January 15, 2024 5:55:04 PM
Top Contributor (400+ Posts, 200+ Likes)
Though out of context, I invite suggestions for India Shelter as I am holding 420 shares. Dispose at what price OR hold for 3-6 months
Negative sentiments have massively attacked this stock; not even fully subscribed till on Day 1; while the recent IPOs were getting fully subscribed by afternoon. Also, many people funds are blocked in SME IPOs too, but this shocking that this is so under subscribed. Take caution everyone
Looking at first day subscription figures (not subscribed fully even in retail) and GMP of just 7%, this IPO appears to be AVOID candidate. Let's see how things evolve on closing day of this IPO to take any call. What do you say?
126.2. Agrawal S| Link| Bookmark|
January 17, 2024 3:29:17 PM
Top Contributor (800+ Posts, 200+ Likes)
Lets C on Monday.. Jai Shree Ram!!
125. Crow| Link| Bookmark|
January 15, 2024 11:47:41 AM
IPO Mentor (700+ Posts, 900+ Likes)
Crow's Red Flags:
1. As of day 1, GMP is a measly 6%. 2. Full OFS for a growing company can mean that the promoters are cashing out at a favourable juncture. Will there be anymore upmove is a question. Post-issue promoter holding going down to 46 is another indicator. 3. P/E ratio of 38 is high but due to first-mover advantage, could be ignored. But not when the GMP is behaving like a migratory bird. 4. Management is involved in financial, civil, and criminal litigations, some of which are still active. Even IRDAI has levelled showcause notices to its subsidiaries, which hint at potential unfair trade practises, a stereotype usually attached to the insurance business.
5. Correlation is not causation but none of the previous IPOs since 2020 in similar kind of business gave any listing gain and/or have moved beyond their below-issue-price languishing.
PB Fintech gave a 17% pop but now ~15% down Star Health listed -6% and now nearly half its price LIC gave a chance to exit but still ~12% down
With due respect sir, PB fintech gave me 30-40 returns though it was loss making online broking services and wide portfolio,on the other hand medi assist is pure insurance backend service provider Legal actions are part of this business as un satisfied customers always explore legal assistance.though legal actions against promoters make it some serious thoughts Anchors list make me encourage.
Listing pops are not here and market ATH
Disc. 4 retail applied without thinking about GMP. Will wait for BHNI after qib( 50 x atleast)
Gathering memories PB fintech gave me 30-40% returns in couple of days after listing I sold 2 alloted retail lots between 1345/1400 TPA model is needed for every insurance provider
Hi @haritji, you make valid points and like I said PB and Medi Assist are not apples-to-apples comparison. My idea was to simply share the red flags so that people can process them.
I just checked how I dealt with PB Fintech: I sold them in tranches for a whopping 56% loss. The only upside to that stock sale was that I could harvest LTCL against my MF LTCG 1 lakh excess.
I have still not decided if I will apply here or not. Need to go through a few more specific pages of RHP.
Hello friends, off topic for Aeroflex Industries i have been holding shares for a long time and my purchase price is 165 plz let me know whether I should hold it or go out I don't think I have taken anything. Thik its a garbage stock but your opinion must be required. Plz give me your suggestion