seeing the other IPO listing which has been negative, do you guys see any impact on this IPO as well? What is the news in Grey market for this IPO? Any negative listing chances?
There can be some or almost no impact in terms of listing but I think it does affect subscription figures. Heard subjected to deals. Least chances of negative listing seeing LM is good and company is quite good too in my view. Good luck!
If you are new to SME, just observe and learn as of now. Grey deal are mostly done in cash and only trusted brokers deal with it so you will need local broker contact to buy/sell applications or to take any position before listing. Again, my suggestion would be just learn and observe how process and listings are going in current market. MSME are always high risk. Best wishes!
Thanks @Abhishek Rajkot . Yep, going for good subscription based SMEs only. Unfortunately Spectrum was the first SME I applied and got the allotment. We know what happened in this. So good to get learning from first day :)
47.1. lokes| Link| Bookmark|
June 30, 2023 1:02:57 PM
IPO Guru (4400+ Posts, 5100+ Likes)
No money left so not applying here....you can apply if you have money, it won't list bad like others as it has very good subscriptions plus regular 50% qib quota and good gmp....in such issues, much operator impact won't be there and it should have good listing....
47.2. ipo share| Link| Bookmark|
June 30, 2023 1:23:43 PM
IPO Guru (1600+ Posts, 800+ Likes)
@lokes Thank you very much for your kind response and guidance. I will go for it. 🙏
47.3. ipo share| Link| Bookmark|
June 30, 2023 1:58:38 PM
IPO Guru (1600+ Posts, 800+ Likes)
@lokes Thank you very much for your kind response. I am left with some amount as I applied in retail only inIdeaforge due to heavy subscription. So I am going to apply here 🙏
46. svh| Link| Bookmark|
June 30, 2023 1:50:28 PM
IPO Guru (2600+ Posts, 3700+ Likes)
Worst sentiments in SMEs. Be careful friends. Apply only as per risk bearing appetite and subscription numbers. IMO except HEM issues avoid all SME issues for quite some time. No moral no ethics in SMEs right now.