Those who are hung ho for long term can add post listing at discounted price like LIC. Market is already turbulent so it's better to wait till listing.
Don't copy deep pocket biggies. They can absorb volatility and losses too but Retailers get panicked with minimal loss. Let biggies accumulate and retailers should wait to accumulate from secondary market at discounted price.
154.1. Jetha Lal| Link| Bookmark|
May 19, 2022 5:28:55 PM
IPO Guru (1000+ Posts, 2100+ Likes)
*Correction: Gung-ho/ overly enthusiastic
153. Ou Ai| Link| Bookmark|
May 19, 2022 4:24:55 PM
Top Contributor (300+ Posts, 300+ Likes)
Applied in retail. Can add later if quotes at discount. Non urea fertilisers like DAP, Potash produced by few firms like Coromandel Fertlisers and Deepak Fertilisers both well quoted in market. Rest all into mainly urea.
Applied 6 retail applications via UPI, will take a decision later tomorrow morning after market opening based on the following factors,
1. Indian market conditions, if breaks 15700, won't accept mandates 2. Tonight's US market conditions 3. Venus allotment results 4. LIC's condition tomorrow as holding 265 shares at an average price of 895 rs per share
Get every good IPO allotment and keep it till December 2022. I'm sure each one will give 30-50% gains. If fall is more than 15% and fundamentals don't change,Average it down and have patience. FII Money is out and money will come back in at a faster pace. Also people burnt from crypto investment will finally turn back to stocks. Don't stop your sip. Invest in good stocks. Well definitely see 2021 gains again soon. Analyse, invest and relax until turbulence ends. Buy from secondary Market as well. Happy investing.
In bearish market no expert suggest good stocks and in bullish market every one suggest. i.e when Tata motor was at 60-70 level (Mar 2020), every expert tell (pata nahi 60-70 bhi bacha ga ya nahi). From 60 to 350 no expert come and suggest to buy, after crossing 400 every expert is bullish. Even for this IPO, experts likes @MRavi, @Lokes and many others, are not give their suggestions.
Bullish market ma tho idea koi bhi da shakta ha, jo bearish market ma idea da wohi expert h.
I applied here ( I posted my opinion earlier as well)
Thanks
143.4. Jetha Lal| Link| Bookmark|
May 19, 2022 1:39:10 PM
IPO Guru (1000+ Posts, 2100+ Likes)
No one is expert of this market because market is supreme. Every stock is not TAMO and Bajaj Finance. When we can get opportunity to buy post listing then why to block money in uncertain market and where we are getting mouth watering valuation in secondary market. If Paradeep is cheap then what is HDFC Bank and HUL? People are ignoring Goa facilities acquisition and how poor asset is that. No promoter is Saint to give anything cheap in IPO. Market is dynamic and we should be flexible enough to sail this wave.
Many friends have given their opinions on PP in earlier thread (~115). Pl check. Also please understand no one is experts here and most are making calculated guesses. Given recent uncertain environment, a few may be avoiding, as blind following by some may backfire. Try to take maximum help out of what is available and take your wise decision... Best wishes...