Yeah, it''s pity to see that fundamentally strong companies like IRFC struggling to reach their IPO price, and on the other hand, companies like Stovekraft with cooked financials gives healthy listing gains..but yeah it''s sad but true, IPO listing gain only depends on: Speculation, Momentum and Buzz (forget so called fundamentals).
AT 46K Cr HNI costing comes to Rs 44 but i doubt HNI will take that much risk for Govt IPO. if HNI demand decreases then GMP will also decrease, as there will be enough selling around 30 to 40 range
listing gain HNI ko tab hoga jab listing day per screen pe 150 ka buyer hoga. Big question is who will buy on listing day at 150. LIC will surely not buy at 150 on listing day.
140.3. jstm| Link| Bookmark|
February 13, 2021 9:56:30 PM
IPO Guru (1300+ Posts, 3200+ Likes)
LIC mutual funds will enter to buy at any cost.After all they have nothing to lose.
140.4. ManishDwiv| Link| Bookmark|
February 13, 2021 10:49:23 PM
Top Contributor (500+ Posts, 200+ Likes)
Have you seen mazagon dock subscription in HNI ..!!
I have SBI netbanking. We have 4 demat accounts in our family created with unique pan cards. Can I apply for the upcoming IPOs through all the demat accounts using my single SBI netbanking?