I have applied in 3 different accounts with Bhim app.one of these accounts has declined transaction. I don''t know the reason. I am applying again for 3rd one.
Have you observed that all the recently listed ipo have continuously slided down from their listing price. Therefore would it not be prudent to book listing gain on listing day.
Yeh issue price roud up kyun nahi hain . Aisa lagta hain jaise retial walon ko 1101 ka Shagun mil raha hain. GMP dekhkar aise hi lagta hain 1101 ka Shagun .....
Hi, My Nazara application did not get the UPI mandate from Zerodha, So the support team asked me place a new application bid, it got the mandate and approved
In this scenario, Will two applications be sent to the registrar? If so, does it affect the chances of allotment? TIA
First, u have DELETED the old one and so u were able to placed the IPO application successfully with approving mandate. Answer is in the question itself. Or, simply the answer is BOTH NO.
1. This will be the first gaming company to be listed in India. That will attract lot of investors.
2. The gaming is at very nascent stage in India. Huge opportunity is available to exploit for companies like Nazara.
3. Recent investment by PUBG owner in Nodwin, subsidiary of Nazara Tech, is the testimony of the fact that e-sports is going to be a huge success in coming time.
4. Company is driven by a very good management team.
pros: 1) High growth company.(possibly not guarantee) (Sectoral growth will be there definitely) 2) Will benefit from Chinese apps getting banned in India. 3) No listed players in domain.
cons: 1) promoter holding very low. Which is going to reduce further post IPO. 2) IPO is just to give an exit to existing shareholders. No money goes to the company. Just the shares/money exchanging hands. (If the growth prospects are really that good why existing shareholders want to exit?) 3) Loss making. 4) Valuation high but as no other listed player in this domain so no comparison available.
Not sure if company has existing debts and how much. If anyone can comment on this, that would be great. PS: Media/Social media sentiments, GMP and NII data can be manipulated. So, QIB data very important before applying for listing gain. For long term I feel this is a very high risk very high reward kind of bet.