Navkar is one of the Good IPO, small investors ignoring this but Financial institutions and Good investors like this and I thing it will listed more than 30 Rs premium
I have applied for one lot only and this looks like will be my first loss in an IPO. I wasn''t expecting such poor response from NII category. Anyway let''s wait for allotment and listing.
FOS se darkar bhi logo ne loss me sale kiya.. but on next day it will go 440. so 1 FOS got after 1 day 440-367=73x500 = 36500/- on 200000. HA Ha Ha.. So dont loose pasions..
What''s FOS and if you can''t write in in proper English write in proper Hindi. Write properly or just stop writing BC. What will go to 440?? Are you astrologer??
ALLOTMENT OF 95 shares by lottery to Retail applicants irrespective of quantity applied for. Since Retail quota is 1.43 crore shares , and is expected 2 lac application in retail .
Navkar Oversubscribed 1.6 approx in retail. So more chance to get allotment and get 95x35= 3325 Rs on one application (if get allotment). Minimum GMP 35 Rs sure
It will list at premium Reason 1-logistic company so fab of time 2-subscription is low so investor has no profit expectation no sell off on listing day
Logistic Ind pe 32, vrl pe 38, navkar pe 30, Now you can think that how Navkar will be listed at below issue price. If GST will pass then what will be the price of Navkar 38
Best of luck guys I hope it list on gain. One thing is for sure majority of retail investor who applied in Retail section will get allotment. Hope market sentiment improves at listing time which 10 days from now.
I have not applied for this one given promotors track record and few dubious entry in the books to inflate Book value. . However I will apply for shree Pushkar IPO.
Did not apply in Navkar. Not much of oversubscription. Retail seemed to be more enthusiastic in applying than qib,hni or nii. With a damp squib of listing of powermech, this issue with dubious promoters was a big avoid screaming all over it. Those who applied and get it- best wishes with them. May no one lose any money. All the best. In my opinion if on listing gain if u r in any kind of profit just sell. Buy after it has gone 20% down.