You are partially right, what if it''s otherwise? I can always average if it lists negative! Tbh we have a lot of opportunities in the secondary market, if e1 wishes to buy after listing why should there be a lottery based allotment process? Lets test our luck, only if we can afford the loses! P.S. I can. :)
This is not so simple to predict the listing price accurately based on the GMP. What happened to Gland after listing? More recently what happened to Policybazar listing?
Till What time QIB and HNI''''s can apply for PAYTM ipo?
266. sdz| Link| Bookmark|
November 10, 2021 3:52:20 PM
IPO Guru (1200+ Posts, 500+ Likes)
Paytm IPO utter flop show is due to genuinely high valuation reasons or fund allocation reasons amid overlap with other 2 good and smaller IPOs? May be I''m finding reasons as I''m still not able to digest that popular brand like Paytm is kept aside like a dustbin 😛😂
Till What time QIB and HNI''s can apply for PAYTM ipo?
264. Kishore S| Link| Bookmark|
November 10, 2021 3:38:46 PM
Top Contributor (200+ Posts, 100+ Likes)
Not a bad subscription considering its size and other parallel IPOs. Hopefully the discounted offering will be encashed on listing day. Qibs have handful of stocks
Paytm IPO fully subscribed and successful from issuer point of view. They have already received the valuations they were looking for.
Tera kya hoga re Investor??? Paytm maine apka cashback khaya hai.....
Folks keep thinking about your own end of paytm story......
Personally paytm IPO has been a big disappointment for me so far. I expected much much more from paytm. A household name in India struggling to get a decent subscription in its IPO. Never expected. Last 3-4 years , this is the name we have been hearing at all shops including paan shops at the street corners.
Big lesson here, and in Nykaa. PayTM was obviously the better known brand of the two, but I guess its merchant bankers and mgmt skipped reading the Aesop fable on the hen that laid golden eggs! Their greed is getting punished, and it''s pretty much normal.
256.2. Ankur Goel| Link| Bookmark|
November 10, 2021 2:03:47 PM
IPO Guru (1300+ Posts, 600+ Likes)
my sympathy with investors who bought this share in unlisted market at 3500. Do not know they will see breakeven.
Too Big a Size of IPO is a major reason for such timid response. Comparing to Nykaa and saying it received very good response is not fair. They could have brought a smaller portion and then FPO would have worked better
my sympathy with the retail investors who do not know anything abount share market but came after listening profits of ZOMATO AND OTHERS now they probably didn''t get info about this n trapped...(i think so)
as 1 example is my 3 of relative was almost going to apply aa they well familiar with the name paytm but just i said them to ignore as max gain 10% but loss may be 20% to 40 % in 1-2 month
256.6. ipobull| Link| Bookmark|
November 10, 2021 2:52:58 PM
IPO Guru (1000+ Posts, 1000+ Likes)
254. ipobull| Link| Bookmark|
November 10, 2021 2:50:28 PM
IPO Guru (1000+ Posts, 1000+ Likes)
This has been one of easiest IPOs where it could be decided beforehand not to go for it. One more to follow in this category, Mobikwick which is also a clear avoid candidate.
253. Gopinathji| Link| Bookmark|
November 10, 2021 2:49:32 PM
Top Contributor (300+ Posts, 200+ Likes)
Sharing some FAQs..if anyone is looking for these:
Till when can I revoke an IPO mandate request? -A mandate request once created can be revoked till closure of the issue.. The revoke can be initiated through the intermediary with whom the initial application was submitted for bidding.
You can withdraw or delete your IPO application by following the steps below in zerodha:
1. Log in to Console > 2. Portfolio > 3. IPOs > 4. Modify Bid > 5. Select to delete bid > 6. Delete. Nore: Application/Bids can only be cancelled between 12 PM to 4:30 PM while the IPO window is open
Cut-off time for asba ipo application (on last day) -- the online asba ipo application closes for retail investors by 2 pm at sbi bank, 3 pm at icici bank, 3 pm at hdfc bank net banking, 3 pm at axis bank and 2 pm at kotak bank.
Note: You can cancel the ASBA IPO application through your Bank''s Net banking website at any time till the closure of the Bidding Period
Krishna T, are u sure that HNI cant revoke their IPO Applications? I saw HNI Subscription some where around 0.8 half an hour back & now its dropped to 0.13 in chittorgarh site. Can someone who have clear idea clarify this?