@newgen consultancy - Sir, what is your final recommendation for this one. What can be the range for listing and what are chances of discount listing. Thank you so much sir.
91. Safe Bet| Link| Bookmark|
November 8, 2023 10:17:04 AM
Top Contributor (500+ Posts, 100+ Likes)
My two bits: This is certainly not a spectacular offer but is not bad too. Considering that the present government is all in favour for private participation in all government processes there is bound to be good prospects for any listed e-governance entity. Some major project capture may turn the sentiments around in a big way in the future. Applying a few BHNIs.
Off the track - Seniors can suggest with 15Lac fund, how much can be earn from various mainboard IPO(Listing gain and mid term strategy) with in a year. Can any one share any statistics. I just want to compare with swing trade and IPO trading. Please advice. By considering 1-2 sHNI lot allotted in a quarter/ 6 lot in a year.
It's not about funds, Rather number of accounts matter in IPO BUT if you operate with 1 account and 15 lk than its advisable to go bhni in good IPOs+some SMEs available at a time
I don't do secondary, swing,intraday so can't give advice
Always calculate risks of stock market before investing
GMP movement is not always a true reflection of underlying stock value and gains thereof. However, the basic rules of supply and demand do play a definite role here too. There could be many possible reasons for GMP going down -like market conditions, some news flow, operators' cartel, other IPOs on offer etc. One can expect about double digit listing gains in Protean eGov IPO. Evaluate and take your call.
I have one demat a/c in anand rathi stocks and broking services. I am being charged 0.3% delivery and 0.03% intraday brokrage. I want to reduce the brokerage.
So any member having account in anand rathi has tried reducing the brokerage and if so what is the procedure/steps?
Crow Verdict: Protean eGov is the government's technology partner in several public infrastructure projects like Aadhaar eKYC, PAN, TIN, APY. This makes it almost a monopoly. But then again, businesses that only work with the government should always be kept at a distance. The entire OFS issue does not excite me as I don't see the point of this IPO from the company's perspective. Sure, the NSDL name and govt projects may make it stay afloat, but I don't see its business excitement to translate into the stock market. The asking price is not cheap, so I will try to gain 1 retail lot if QIB crosses 30x. Only then there may be a listing pop and if allotted I will exit on listing.
Crow's skin in the game: Will try to secure 1 retail lot.
Crow's last NEUTRAL recommendation: Honasa (2% listing pop and last closed at 4%).
ASK AUTOMOTIVE will also give Post listing gains And Protean has low chances of Post listing gains
About Listing gains Protean : 20-25% ASK : 15-20 % but I personally believe it is going to give a positive surprise QIB can definitely cross 100x Maybe 150×
Looking at GMP, ASK appears to be better for listing gains, however for better allotment chances, it is Protean eGov - though you may hardly get double digit listing gains. One may apply one lot each in both these counters.
Respected all senior members, just wanted to ask if ASBA applications are valid for applying in IPO and does the chances of allotment gets reduced of applied through ASBA?
78.1. MuStrFc| Link| Bookmark|
November 7, 2023 9:01:45 PM
IPO Guru (1800+ Posts, 1000+ Likes)
Before UPI, ASBA was the go-to for applying in IPO. Chances of allotment has no relation to ASBA or UPI, both are equally treated if the application is without any errors
ASBA & UPI both are equally treated.. Mr MuStrFc has rightly explain
77. Rakcyt| Link| Bookmark|
November 7, 2023 8:25:04 PM
IPO Guru (1200+ Posts, 1200+ Likes)
Hi experts and mentors pls guide me on what is the news behind sudden spurt in share price of Aatmaj as I am holding it for better days ...I couldn't get any news anywhere. Apologies for off topic talk
@Rakcyt One hospital acquisition and one hospital set up. Doubling the overall capacity of beds to more than twice. Read https://www.nseindia.com/get-quotes/equity?symbol=AATMAJ
Experts can guide on the future outlook. #AATMAJ
77.2. Rakcyt| Link| Bookmark|
November 7, 2023 8:53:18 PM
IPO Guru (1200+ Posts, 1200+ Likes)
Thank you so much @IPOFreak . That's is really helpful 😊. It ignites gr8 hopes now to atleast hold little longer .
Would appreciate suggestion on Target price by experts .
77.3. Earthking| Link| Bookmark|
November 8, 2023 6:53:05 AM
IPO Mentor (1100+ Posts, 400+ Likes)
Again today result will be published for half year till sep 23 ... hope this comes good and may it will cross ipo price...
74.7. Rakcyt| Link| Bookmark|
November 7, 2023 8:18:32 PM
IPO Guru (1200+ Posts, 1200+ Likes)
Is me protein bilkul nahi hai aur na hi vitamins hai kyonki vitamins bhi proteins hote hai.😀.......PROTEAN ( different spelling ) means easy to change / adaptive ....so it will act as catalyst to easily change your fortunes for better 😀👍