180. jajo| Link| Bookmark|
February 17, 2021 11:09:12 PM
Top Contributor (300+ Posts, 200+ Likes)
After seeing the RII rush for Nureca IPO, promoters and Merchant Bankers will become bold enough to extract the last drop of juice by pricing shares at unreasonably higher valuations. They now know RIIs are there ready to make it grand success!
180.1. arunARUN| Link| Bookmark|
February 21, 2021 3:12:36 PM
IPO Guru (1900+ Posts, 1600+ Likes)
Nothing wrong from their point of view. but you don''t have to apply in overpriced issues
I am a new investor and since nureca is being listed on t segments I don know about it much please advise how to sell them on listing day or should I wait two more days and sell them on intra day and what happens if I sell intraday. Please advise on everything I need to know. Thank you
173.1. Faizan| Link| Bookmark|
February 21, 2021 10:14:04 AM
Top Contributor (200+ Posts, 200+ Likes)
Thats the problem. In my opinion, You wont be able to sell at desired price. Yes it may open in High premium, and then will be lower circuit ie. 5% down of that high premium, will no buyer. So how will you sell it without any buyers? And LCs may continue for few days. Thats why we should avoid riskier stock, circuits are always. Disclaimer - I didn''t apply. My opinion is mine, and I could be wrong as well.
I plan to put a bid in Pre Open session on ICICI Direct and has absolutely no idea of it. I know how to place a limit bid but need to find the listing price. I tried the web site but could not find the options of equilibrium price. Can some one using ICICI Direct for IPO Pre-open tell me specifically where to find equilibrium price and if possible lower circuit price too... Thanks
166. Manup| Link| Bookmark|
February 20, 2021 9:10:10 AM
Top Contributor (400+ Posts, 200+ Likes)