No fancy in PKH Ventures as it has no specialization or any other redeeming quality in its IPO. Its construction + hotel business should have piqued me but its IPO proceeds will go to a hydro plant, which is another industry altogether. Not comfortable with this type of random diversification. I'd rather buy 50-100 shares each of IHCL and LT. With a non-existent GMP and tight valuations, it may be better to use the money for Senco Gold. Look for subscription on the 3rd and apply for a minimum lot if you're aggressive. 4 red flags out of 12. Thanks.
Subscription is getting managed by providing fixed deals in the grey market (with condition that application should be done today). People should avoid going open here. Sell and apply if you have the access or just skip this IPO.
It is true that if we apply IPO through UPI ID linked to a current bank account then application will be rejected? Case1: current account name is same as on pan card Case2: current account name is firm name so different than on pan card. Pancard is same in dmat and current account here.
If in both case ipo application will be rejected or only in case 2?
113. M Gupta| Link| Bookmark|
July 2, 2023 10:33:31 PM
IPO Guru (1100+ Posts, 3300+ Likes)
As of now, extremely risky to apply in this IPO I will take a call on last day afternoon after having a look at subscription and GMP then. Till then …wait Suggestion: one should not apply SHNI & BHNI, before last date, as the same can not be cancelled after applied.
Anybody observed that IPO applications are showing up as purchase of mutual funds in the AIS. I'm seeing Saha Polymers bHNI application amount in my AIS (even though I was not allotted).
@SKalyan Sir, I'm no fundamental expert. I apply in SME's only for listing gains and exited my position at loss of 4Rs/share in preopen. Company looks decent but we don't know where the operator will take the price. It is very easy to manipulate SME stocks. So, take your decision wisely depending on what is the maximum loss you can take in a trade.
Thank you for reply.. My bid not hit in preopen just at par/near by price. My bad ..I assume that will trade after preopen but it's pure operater game no buyer after 10 am so no chance to exit from script. It's my 2nd bad luck/call in sme after naturo indiabull Let see tomorrow....
@Boring Investor , I didn't say full allotment I said firm allotment. Each retail application should get allotment worth atleast 15k and each bHNI should get allotment worth atleast 2 lakhs.