405.1. papon| Link| Bookmark|
April 10, 2019 12:30:55 AM
IPO Mentor (500+ Posts, 500+ Likes)
If market remains stable than expect listing between 640 to 650.
404. papon| Link| Bookmark|
April 10, 2019 12:26:21 AM
IPO Mentor (500+ Posts, 500+ Likes)
Will easily cross 1000/- per share. Polycab wire lagao bijilee bachao. Remember paresh rawal. Everywhere you can see their products. Good advertisement done. Good distribution network also. Don't sell before 1000/-. Its a portfolio stock like havells. Don't sell unless you are urgent need of money. It will not hope horizontally but will take time, consolidate and when you sell it will shoot up.
Big Selling in PolyCab Seems that someone is constantly selling in Grey. Fresh Shorters have created panic in Poly. I dont know where it will rest. Big Loss To HNI investors.
These shorters are Selling aggressively. Panic After such Great Figure is a matter of Concern. We are connecting with Big Players. Let them Figure out What Went Wrong.
400. Ficpl| Link| Bookmark|
April 9, 2019 8:41:07 PM
Top Contributor (200+ Posts, 500+ Likes)
Earlier ipo, Bandhan Bank or dmart or aufinance.. Initial premium was 20%only. All listed 50% kind of listing.. Similar pattern seen in this Ipo as well.
396. Adp| Link| Bookmark|
April 9, 2019 7:52:03 PM
Top Contributor (400+ Posts, 100+ Likes)
Previously one bank account can be used for five demat accounts to apply IPO. Now what is the new rule? How to apply for family members demat acct. Please give the details if any of the forum members know it. We will apply accordingly in future
388. Eagleye| Link| Bookmark|
April 9, 2019 6:39:41 PM
IPO Guru (6600+ Posts, 21900+ Likes)
Polycab India IPO
Day 3 at 6:35PM
The following data is assuming the shares will be issued at @538/- (upper price band)
Applications: 11,67,000 Approx No. of Applic-wise: 3.62X
Polycab India IPO
GMP 82 +/- 1 Kostak 600 - 650
387. R R Patel| Link| Bookmark|
April 9, 2019 5:03:32 PM
IPO Mentor (800+ Posts, 3400+ Likes)
Polycab India Ltd. IPO updat:-
Subscription figures as on day 3 (last day) at 5 PM (NSE + BSE):-
QIB:- 93.09X ** (closed at 4pm) NII:- 110.74X (closed at 4pm) RII: 4.23X Empl.: 3.16X Total: 51.95X ** Excluding Anchors
Total number of applications received so far: 11.02 lakh Approx No. of Application wise: 3.41 X
Already applied on first day. Good subscription figures as expected. Minimum 25% listing gain expected atleast. Also good for short term as well as long term portfolio stock.
387.1. R R Patel| Link| Bookmark|
April 9, 2019 6:08:12 PM
IPO Mentor (800+ Posts, 3400+ Likes)
Overall bids received in all categories of 91.4 crore shares as against offered 1.76 crore shares so total money applied more than Rs.49K crores. Tremendous response after HDFC AMC IPO.
Hello friends, from subscription it looks like issue is priced much below its fair value. Some persons on this forum have commented that shares will be listed at 25% or 40% above issue price. I wonder why a promoter would issue/ sell shares much below its fair value.