180.5. MVP| Link| Bookmark|
July 4, 2023 7:12:33 PM
IPO Guru (1500+ Posts, 1100+ Likes)
Yahi soch to badalni hai.
I see many retailers applying all IPOs, and esp in some less subscribed IPOs, just to get allotment. Very wrong thinking. Our aim should be to make profit in the market and aim should not be getting lottery allotment in any IPO.
Kya fayda sir , retailers ne to already subscribe kr liya he
178. AMIT IND| Link| Bookmark|
July 4, 2023 8:03:26 PM
Top Contributor (600+ Posts, 100+ Likes)
Really no one is interested as payment of Essen and Greenchef also got released, still lackluster subscription. QIB portion is unsubscribed raises eyebrow.
177. MAMU| Link| Bookmark|
July 4, 2023 4:46:48 PM
IPO Guru (2000+ Posts, 1200+ Likes)
The one who sold in 12 must be praying for clearance of IPO. Bhagwan bi kese kese pariksha leta hai.
Wow they couldn't even manage QIB? That's the go category for all IPO companies if they do not get enough subscription in retail n HNI. This came as a surprise. I was expecting QIB to come in and bail it out at the last moment. They should dump their lead manager. Probably took QIB for granted that 1x toh ho hi jayega. Probably this is why they didnt even have anchors.... Fate of applicants sealed. Get out if you still can. Date will probably extend n QIB will be tapped. Retail investors should consider withdrawal. Skewed risk reward ratio now towards risk.
Interesting part here is, HNIs can't withdraw their application, once placed. Hence they are stranded with almost no interest from QIBs.
172.1. DuckkyDuck| Link| Bookmark|
July 4, 2023 6:03:02 PM
Top Contributor (200+ Posts, 200+ Likes)
Hni can apply in retail with same PAN to get their application rejected. But again there is no 100% surety that app will get rejected in this case of low subscription. May be both HNI and retail app will be alloted.
171. SONMAYA| Link| Bookmark|
July 4, 2023 5:48:08 PM
IPO Guru (1300+ Posts, 500+ Likes)
PKH ipo gas been Extended.. More Details to follow 🙏
170. SONMAYA| Link| Bookmark|
July 4, 2023 5:46:16 PM
IPO Guru (1300+ Posts, 500+ Likes)
QIBs not moving by even an inch. Retailers and sHNI portion also not subscribed fully. Difficult situation for those who applied. Company and others could not manage to go through the IPO. Only two options available with Company, either.revise the price band with extension of dates or withdraw. It's just like : DHOBI KA KUTTA GHAR KA NA GHAT KA. To manage looks very difficult.