This morning I have cancelled this ipo. But still now Axis UPI is blocked. How many days will take to unblock? But in icici it was unblocked in few hours.
70.1. MuStrFc| Link| Bookmark|
December 21, 2023 4:21:16 PM
IPO Guru (3000+ Posts, 2300+ Likes)
Some banks release block quickly, for others wait till basis of allotment is released.
70.2. hbk| Link| Bookmark|
December 21, 2023 8:42:24 PM
Top Contributor (300+ Posts, 100+ Likes)
I have applied for the IPO in the angel app. I have blocked the amount but in the app it is showing payment mandate expired.plz reply what's the current status. Plz suggest
What's the fair value or at what price would you guys suggest to book. Like for example. Hypothetically what should one do if it lists at 35-40% premium ?
Ps:- I've been alloted 2 bhni.
Also thanks to @newgen consultancy's suggestion was able to book profits in preopen in Flair.
@cb sir have you got any BHNI Applications through SBI NETBANKING??
65. k l patel| Link| Bookmark|
December 21, 2023 2:40:25 PM
Top Contributor (600+ Posts, 200+ Likes)
is there any negative point which retail don't know and QIB knows.... or else QIB here purely dependent upon GMP??? for most of parameters rbz is better than motisons but qib there is 135 times and here 0. unbelievable
its not like all retailers cant see this, qibs also know this stock is scirpt to add after 2 days of listing once the momentum is on either side and they come and break it in their favour in medium to long term, and for the same reason they are not applying right now, why to buy a stock for near 0 listing gain (cmon they have operator friends we know it) when u can get it later at issue price or lower ??, they wont lose interest on their money by blocking their money till 26 Dec
Can someone explain, why Retail is oversubscribed to this extend? I mean, it looks heavily over subscribed in Retail category as compared to other IPOs
@IPOWALE To some extend, yes, this also makes sense. The issue size is too small, even if the quantity of applications are lower, but in ratio it will look high
60.4. k l patel| Link| Bookmark|
December 21, 2023 2:47:10 PM
Top Contributor (600+ Posts, 200+ Likes)
no courage to apply for hni is main reason for increase in retail subscription otherwise half of retail would be in hni category.
I was expecting more from QIB. No participation even for 14% of the issue. :/. Surprisingly even credo has no QIB participation.
59.2. colcol| Link| Bookmark|
December 21, 2023 2:25:51 PM
Top Contributor (400+ Posts, 100+ Likes)
Yes, I am surprised too. I really want to apply here to get an almost guaranteed HNI lot, but the QIB numbers are preventing me from pulling the trigger.
This is can give a surprise listing much like SME. Motisons is expected to have a blockbuster listing, there is no reason why RBZ from similar industry with similar financials and IPO size should fail.