31.2. lokes| Link| Bookmark|
April 27, 2022 4:43:08 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@noorul: Wish you good luck for allotment and listing :) lets see what happens in nanavati and fone4....first time seeing such a good response in sme to even companies with such financials....
@Noorul.... Congratulations and best wishes for listing.. Gold In Eighty and Diamonds in Nanavati :)
This IPO and Fone4 are beyond my understanding... I had left it earlier only and was not watching subscription figures. I thought they had some kind of subscription machinery which subscribed retail portion 14 times in first 30 minutes on opening day. But HNI figures have proved me wrong.. I think...
Anyway, I too have applied 3 Retail applications but chance is ZERO :)
27. AMIT IND| Link| Bookmark|
April 27, 2022 11:10:58 AM
Top Contributor (600+ Posts, 100+ Likes)
Mad rush by retailers. All will come for selling on listing date. Act wisely as ipo size is very small and retail subscription may make everybody surprise
Can some experts suggest a few good reason for Nanavati to have huge 25x retail subscription when even 2nd day in not over.
What I see on main page is that Nanavati was incorporated in 2010 and after 9 years of dealing in diamonds, they earned Rs.3000 net profit in 2019, Rs. 5,4 Lacs in 2020 and Rs.12 Lacs in 2021...