Remember IPO of Zomato, another loss making company. Also, remember IPO of Gland Pharma barely subscribed QIB 6.40 NII 0.51 RII 0.24 Total 2.06 IPO price 1490-1500, current price 3624.
But remember it is different case for each company.
207.1. lokes| Link| Bookmark|
November 10, 2021 11:34:58 AM
IPO Guru (4400+ Posts, 5100+ Likes)
your last line is very important here while giving these references :)
Last line is only important. Initial para of no use.
206. ipobull| Link| Bookmark|
November 9, 2021 10:15:07 PM
IPO Guru (1000+ Posts, 1000+ Likes)
Paytm IPO may just sail through with QIB support. But the stock price is bound to drift down as trading starts because of its poor financials and huge competition from existing peers and future players. One will get far better opportunities. Out of present 3, Latent looks to be the best.
206.1. ipobull| Link| Bookmark|
November 10, 2021 11:39:47 AM
IPO Guru (1000+ Posts, 1000+ Likes)
Based on subscription levels seen till now, it is even doubtful whether it will sail through. In that case, it will be big FLOPSHOW.
206.2. ipobull| Link| Bookmark|
November 10, 2021 11:45:15 AM
IPO Guru (1000+ Posts, 1000+ Likes)
One should actually buy Nykaa available at a lesser price than going for Paytm. The downside in Nykaa can be maximum upto 1750, but on upside, it can go upto 4000.
Waiting for subscription numbers, I try my luck in Paytm with 2-3 years investment, hope If Paytm listed with discount it will cover all losses in future.
202. traderyn| Link| Bookmark|
November 10, 2021 7:41:04 AM
IPO Mentor (700+ Posts, 400+ Likes)
Better cancel your orders for this IPO and save your hard earned money.
The stakeholders wanted to transfer their loss to the shoulders of retail investors.
Everyone knows it is a huge loss making company. No fought that nn future also it will continue to incur loses.
It is going to compete with Amazon and Flipkart without any logistic infrastructure !
It''s merchant acquisition has been going down.
It''s customer business is poor compare to phone pay and google!
And where the company is going to infuse the retail investor''s money? Investors should teach a lesson to the cunning stakeholders by abstaining from this IPO.
This will get oversubscribed on last day. Since the IPO is very big, the oversubscription figures will not be high like other smaller IPO''s. Overall subscription will be around 5x
We are tired of dealing with so many loss making company ''s IPO at a time. These are mostly big size IPOs. For the first time in the history of the country, such thing is happening may be due to the unprecedented buoyancy in the market. No friend is coming with valuation data as they were used to do earlier in case of profit making companies. There is nothing in the valuation front and they are absolved of the job. Everything is about what will happen in future while future is gloomy and extremely competitive in the domain concerned. For me all such IPOs are for listing gain only if any. I apply as soon as prospect of listing gain is visible .
Jitna sambhob dana khake bhago ,chahe ek din me ho/mahina me ho!
192. ipo stonks| Link| Bookmark|
November 9, 2021 4:24:40 PM
Top Contributor (300+ Posts, 200+ Likes)
@guys who apply in HNI Bajaj is not participating in Paytm HNI. They wonโt be giving funding for this IPO. So those who are applying apply only those number of lots you are comfortable with holding if things go sideways. Also in Retail number of applications are less and if HNI portion remains undersubscribed it will be distributed to retail also. So even retailers who apply with more account youโll get allotment in many accounts.
RAJEV PAUL @Rajev_Paul Nov 8, 2021 Is it mere coincidence or is it by design that today 8th Nov is the day #Demonetisation happened & the company that benefitted most from it was Paytm & 5 years later their IPO opens on the same day- 8th Nov!!
Harsh Goenka @hvgoenka I was dining with Paytm owner when demonetisation happened. He nearly danced with joy. _______________________________________________________________________________ Expected much more from paytm during last two years.......especially with much favorable environment for them as indicated in above tweets........
If I need to choose any 1 application out of 3 (PayTm, Latent and sapphire), which one I should pick? Also, is it advisable to choose or I should avoid being may be a bad option?