can we apply at lower price band in SHNI/BHNI , to get 700 shares at 270 price , if it opens flat at 285 , a good profit of 15rs per share in pre open 😂😂
Issue scrapped through with FII and MF support. HNI may remain undersubscribed and thereby ensuring full an firm Retail Allotment. There may be many Retail cancellations as well expected.
There was bubble in many small/SME stocks but so many good stocks were also there with reasonable valuations along with good growth prospects.
SEBI chairperson gave a blanket statement that midcaps, small and SME stocks are trading at frothy valuations without understanding the consequences of it.
Instead she could have cited which all companies are trading at frothy valuations and manipulation of IPOs have been done during listing and post listing after investigation is completed, now as she has painted every company with the same brush this broad market blood bath has happened.
So many good companies have corrected without any fault of theirs and retailers/HNIs are bearing the brunt of it. Definitely stocks should have fallen based on expensive valuations but if not for her statement the fall would have been orderly and retailers could have got a decent exit with minimal loss/reduced profit. Now everyone's portfolio who invested in midcaps, small caps and SME stocks would have turned into a loss especially those who invested in last 2 to 3 months.
Note: Only one good thing that has happened in this carnage is who have waited patiently to buy some good stocks, market is providing them a opportunity instead of buying for FOMO.
Withdrawn my 2 applications. Even after DD sir's Apply rating, this looks like a sinking ship on listing.
75. G profit| Link| Bookmark|
March 14, 2024 12:59:58 PM
IPO Mentor (1200+ Posts, 300+ Likes)
Without support of qibs(which will come in the last hour), this ipo cannot succeed.
74. k l patel| Link| Bookmark|
March 14, 2024 12:26:34 PM
IPO Mentor (600+ Posts, 200+ Likes)
jis kisi ko esa lagta hai ki allotment nahi milta hai is ipo me apply karke dekh le, aur jisko pura yakin hai ki kabhi bhi nahi milta o BHNI me apply karke chek karle
74.1. Mr. Singh| Link| Bookmark|
March 14, 2024 12:54:01 PM
IPO Guru (1000+ Posts, 600+ Likes)
Aur jinko lagta hai ki employee quota me koi PAN check nahi hota wo employee quota me max amount ka try ker sakte hain. Proportionate allotment ka funda bhi clear ho jayega.