Listing will be above 50. Don't be under wrong impression. Upper circuits it will move immediately after listing. Everyone will buy PP after listing.
256. Ravu| Link| Bookmark|
May 27, 2022 7:55:29 AM
IPO Mentor (700+ Posts, 400+ Likes)
Looks like wider market will open in green on today and on yesterday the sector closed in decent gain. MCF has closed with 7.2% gain. I think these will bring a positive listing ,
254. Jetha Lal| Link| Bookmark|
May 27, 2022 12:16:52 AM
IPO Guru (1000+ Posts, 2100+ Likes)
All the best guys for tomorrow listing. Hope it will be positive listing and it will sustain too. Few positives about this IPO: 1. GMP never went in discount. Even it is very minimal but not in discount. 2. Valuation is attractive. Room left for growth and if this company is able to turn around loss making Goa unit then it will make this stock rocket (in long term). 3. Whole fertilizer sector has very good prospect in near to medium term atleast because of global food crisis, good monsoon in india and ability of india to produce (food) for the world as well as government support to fertilizer sector.
Disclaimer: I didn't apply because I had reservation with promoter i.e Zuari group, complex structure they created and acquisition of loss making Goa unit from promoter itself which means indirectly we are bailing out huge loss making unit and give easy money for it to Promoter. Still I want people make money in this IPO.
LISTING WILL BE ABOVE 51. It will move immediately to Upper circuits after listing. Low Pe huge business spread third largest manufacturer all in favour of Superb Listing. B Group listing. Circuits will be 20%
Nasdaq 1.7% up...Good Friday Tomorrow... listing @46 +/- 2 Rs.... Thoda hold karoge toh .....58-60 ja sakta hai short term me... operator action will be there for sure. First retail screening by dumping and then UCs by pumping. Don't get fooled by fake sell orders.
Though everything about the issue looked interesting, I did not apply keeping in mind the current market situation. No regrets here.
241.1. arunARUN| Link| Bookmark|
May 26, 2022 7:39:43 PM
IPO Guru (2000+ Posts, 1700+ Likes)
Looking at allotment pattern you may be able to buy at Rs 42 or less looks like scene for tomorrow 10 AM. Only surprise can be strong start of new settlement, positive news about monsoon or great US market
240. arunARUN| Link| Bookmark|
May 26, 2022 7:36:47 PM
IPO Guru (2000+ Posts, 1700+ Likes)
If your application was banked, done at Rs 42 and error free then congrats you got full allotment whatever number of shares you applied for
Zerodha se mene first time apply kiya tha paradeep mai allot hue shares abhi tak account mai show nahi ho rahe. Listing ke din hi dikhege koe ko pata hai kya?