0/7 But no complaints Highly oversubscribed in retail Anyway Fy 20-21 over for me It ws very fruitful for me Started from yes bank Happiest Home first Heranba Laxmi Maz.doc. cams Uti Mtar (2) Gave me good profit
Happy holidays and holi to all my dear board members Thanks
Darpan Ji book your 100% profit without giving a second thought. All recent IPOs are given fake demands by big players so being a retail investors it''s best to take away profit on listing day. The listing day price will be highest price for any recent listed IPO.
@JethaLal, you are required to place order at your desired price before 9:44 AM to participate in pre open. If Indicative Equilibrium Price(IEP) comes out to be above your quoted price then your order will be executed at IEP. And iff IEP is below the price you quoted, then order will be not executed.
@Kring ji @Mr Novice ji @Konapurkar Aditya Ji Thank you so much guys for educating me regarding Pre Open transaction of IPO share. May god bless you good health and wealth :) Your efforts are much appreciated and keep sharing your valuable knowledge among forum members :)
Thank you Mr. NOVICE What is IEP? Is the pre open slot between 9:38 am to 9:44 am? For example if i place order @1700/share for Nazara in Pre open and if it open @1500/share? Will my order be executed at 1500 or my order won''t be executed or if i place order 1700 and it opens at 1900 then will my order will be expected at 1900? PLEASE elaborate it little more wrt to Pre Open sell๐๐๐
1. If you place order @1700 and preopen average price comes @ 1500 than your order will get in pending status if it is below circuit filter of that day. 2. if you place your order @ 1700 and average price comes @1900 than your order will be executed @ 1900 as average price of preopen is 1900. Hope it is clear to you.
Thank You Chinipo Ji. I understood the second point but i didn''t get the first point properly wrt Circuit filter. Is the preopen avg price which reflect at 9:45am ? If my order price is above the price reflected at 9:45 am the my order won''t be executed at listing price?
-IEP is Indicative Equilibrium Price. You can check the changes in IEP before 9:45 AM on NSE as well as BSE. IEP is finalized at 9:45 AM. -As far as I know Pre Open slot is between 9:00 AM to 9:45 AM. -If your order price is above IEP than it will become Limit Order at 10:00 AM(if price quoted by you is below Upper Circuit or it will be cancelled). Upper Circuit is at IEP+20%.
IPO pre-open session is from 9:00 AM to 9:44 AM. You can place new order, modify, cancel your order during this window. From 9:45 AM to 9:50 AM final equilibrium price is determined and all eligible orders will be executed @ discovered price. No new orders, modification, cancellation allowed during this window. From 10:01 AM regular trading will start for newly listed stock.
Based on the demand and supply lower circuit and upper circuit price bands will keep moving up or down during 9:00 AM to 9:44 AM window. You can watch live price movements and modify/cancel your orders accordingly.
If you want to sell your order at pre-open at any cost then place your order @ latest LC price before 9:44 AM. Similarly if you would like to buy at pre-open at any cost then place your order @ latest UC price before 9:44 AM. Your order gets executed at equilibrium price so by following this technique you are not going to miss selling/buying during pre-open.
Don''t worry, it will be removed by the end of the day. One of my SBI ASBA lien just removed. Fortunately all 5 lien removed now. Relax and Check your balance maybe it would have been removed.