Mis leading GMP of about 160 for Muthoot MF, which gradually declined to about 25 before the listing day and the panic selling at opening resulted in discount listing. Good overall subscription, 1. QIBs - 18.35 times 2. BHNI - 12.96 3. SHNI -15.69 4. Retail - 8 Total - 12.30 times , failed to help matters. Let the Investors learn the right lessons and be more cautious in future.
274. Seth.| Link| Bookmark|
December 26, 2023 10:14:54 AM
IPO Guru (1200+ Posts, 600+ Likes)
In whole year only allotted Suraj and Muthoot after soo long Felt lucky after allotment but it was my bad luck again : ( :(
Most of the members were predicted that it wont open in discount. but actual ground reality is that it opens 5% discount. That is how market behave. Not sure where it opens and that risk always be there . .
271. gala| Link| Bookmark|
December 26, 2023 9:58:27 AM
IPO Mentor (500+ Posts, 200+ Likes)
Very low volumes .... People are stuck might go to 250 levels
270. AMIT IND| Link| Bookmark|
December 26, 2023 9:45:07 AM
Top Contributor (600+ Posts, 100+ Likes)
My funds are still blocked what to do ? (Shares not allotted)
264. Smile✍️| Link| Bookmark|
December 26, 2023 9:37:11 AM
IPO Guru (1800+ Posts, 1100+ Likes)
Still time left to recover But an accident is happening This was on the way because tata catched many newbees applying only on GMP. Now they will more aware. More than it situation of gray trades👇
aree yar its listing around 200 why yaar why so much sellers
262. rohiitian| Link| Bookmark|
December 26, 2023 9:32:15 AM
IPO Guru (1200+ Posts, 800+ Likes)
No activity in pre-open so far. Will have to wait for the last 2-3 mins to see the likely listing price.
261. Mr. Agrawal| Link| Bookmark|
December 26, 2023 9:29:13 AM
Top Contributor (500+ Posts, 100+ Likes)
Kasam se kis pagal admi/Youtuber ne logo ko sikhaya hai ki pre- open mai Lower circuit par order place krdo bs... Aur phir expect krte hai listing achhi hogi. .? Kese hogi Bhai in harkato se ?
257. rohiitian| Link| Bookmark|
December 25, 2023 9:26:02 PM
IPO Guru (1200+ Posts, 800+ Likes)
Sharing a theory for Muthoot - given the GMP was ~ 120 rs at the start, brokers are averaging down their cost right now given the market sentiment swung and doesn't reflect the actual listing, and Muthoot will open much higher. My guess is a premium of 75 rs, so opening around 360-370, or if it lists lower, will rapidly climb the same day. I could be totally wrong
Disclosure - Have 2 BHNI allotments so obviously hoping for a bumper listing
257.1. sdz| Link| Bookmark|
December 25, 2023 9:45:46 PM
IPO Guru (1200+ Posts, 500+ Likes)
Anything above 330 is a bonus to book profit for all who applied only for ultrà shorterm compared to 310 on closing day.