287.1. Mr. Singh| Link| Bookmark|
November 13, 2023 9:01:23 AM
IPO Guru (1000+ Posts, 600+ Likes)
Why HNI and retail who didn't get allotment buy in pre-open today?
287.2. colcol| Link| Bookmark|
November 13, 2023 9:08:48 AM
Top Contributor (400+ Posts, 100+ Likes)
Many HNI and retail apply only for listing gains and recycle the funds into newer IPOs. If I hadn't gotten allotment , I probably would not even have looked at Protean again. QIB generally has longer term outlook.
Protean eGov T. IPO Listing Today Let's all of us b positive
Listing surely b in Green We can hope n pray only..
284. IPO.RIKI| Link| Bookmark|
November 13, 2023 1:29:11 AM
Top Contributor (400+ Posts, 100+ Likes)
Gmp only 48 now... 6% only...
283. Smile✍️| Link| Bookmark|
November 12, 2023 11:00:32 PM
IPO Guru (1800+ Posts, 1100+ Likes)
Protean needs protein.
282. Heathslayer| Link| Bookmark|
November 12, 2023 1:00:17 PM
Top Contributor (300+ Posts, 100+ Likes)
Don't see a point of retail investors selling this on listing day. The last time I asked people not to sell EMS ltd below 300, some Gurus here asked people to sell it on listing day. The stock is trading @360 now and looks likely to go 400. same with concord biotech. so don't always depend on GMP. All it needs is some MFs to enter after listing and this will go 1000 plus easily.
@Heathslayer It depends on person some people are here for listing gains only and some are for short term gain. If you see very few people discuss and buy stocks in secondary market. Moreover in few cases stocks break their listing day price in short term and most of not, Netweb is prime example of it. I am holding concord biotech, thinking to exit soon.
@SSingh Ji, Your view on Protean today listing PS : having 2 lot reatil
279. aRYANrAJ| Link| Bookmark|
November 12, 2023 8:08:47 PM
Top Contributor (600+ Posts, 100+ Likes)
I am going to buy for portfolio tomorrow and keep it forever. Dividend paying, going to be internation, 15% ronw, good and steady profit margins, debt free, cash rich and what not. Also those who are disposing because of fund term ended had average price of 950 not long ago so 950 very near is not ruled out. Infact once it is away from weak hands it will surely fly. However I also have doubt on it crossing 3 figures anytime soon. It will be like boring IRFC kinda stock which was hovring around 23-24 for several years and within no time went to 90+. For me it is a fixed deposit. Good that its premium is down. Will have opportunity to buy.
279.1. Rakcyt| Link| Bookmark|
November 12, 2023 8:18:13 PM
IPO Guru (1300+ Posts, 1300+ Likes)
many times we have seen such kind of volatility in grey market before the listing as there may be operators who would want to buy at low price and hold to sell later at expected higher price. Agree with @aRYANrAJ On the fundamentals and would keep it for mid to long term as business model is robust , company is global and this kind of application is in demand and growing at faster rate .
Main problem of GMP down fall is up coming election results. Jo bahut jyda kareeb hi people don't want to hold any IPO like ESAF also to is tarah se before election jo bhi IPO good grey se start honge open me fuss hote jayenge only tata technology can survive.