RBZ Jewellers Limited IPO Message Board (Page 2)

Why do you think so ? What is going to happen on Friday ?

HNI/QIB will start exit then?

Why will they wait till Friday ? Why won't anyone who wants to exit would have exited today ?

Two reasons, I can assume, one today it is just giving you 5%, if this circuit things continue, you can get additional 10% in next two days. Moreover, Friday being the last trading session of this calendar year, will have it's own relevance to settle off some trades; so we can see something extraordinary happening not just in this stock but in markets too.

Ok. Neither of those reasons makes any sense to me. Let us wait till Friday and see if the stock hits LC.

But operators has some different plan for those who bought today...???.....it seems only

UC again with 23 lakh on the bid. Hard to imagine this will go to LC tomorrow, but let us see.

​@colcol : I am expecting an UC in the morning tomorrow and then people, based on market sentiments and new year plans, will start dumping this stock. 15% return in 3 days.. and as I said, IPO financing plays good role here, bigger the appetite more the stock holding can be done till next week. The interest rates of IPO finance have started touching skies with 10 to 12% now a days, so some BHNI allottes may decide to stay for couple of more days to recover their money

​@CA Dhiraj Ramchandani 15% is a puny return for an IPO. I am still holding MESON which is up 470% from the IPO price.

As for IPO financing , this was a zero GMP, low subscription issue. Why would anyone have borrowed money to apply for an IPO where no listing premium was expected ? In any case, 10% per year is less than 0.03% per day. For a BHNI lot, it is about 50 rupees in interest per day. That aside, the weak hands seem to have bailed yesterday as a very larger chunk of the free float was sold for delivery.

At least you have changed your call for opening tomorrow being UC. Let us see how it plays out. One of us would be proven right and the other wrong tomorrow..Frankly, your arguments don't have any substantive basis as far as I can see, but if you are proven right and the stock closes in LC, I would have learnt a lesson from you.

Domestic traders as well as retailers don't behave the way FII behave as they have annual closing by 15yh Dec followed by vacation till first week of Jan mostly.

As it will behave like SME I expect More UCs till 120-130 , my guess before opening up ....LC is doubtful trow 🤔

​@colcol : Bhai easy, itna mat le personally. it was all hypothesis; everyday GMP are changing, market conditions are changing; no one can predict accurately.. ye right or wrong or lessons learnt from outcome of one IPO hypothesis is too high for me.. If your thought process works like this, please please avoid my messages, whatever I have said. As you mentioned, my analysis has no substance, I would be happy if you keep it that way.

This is a T2T stock, AFAIK. You can't trade it intraday.