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Resourceful Automobile Limited IPO Message Board (Page 5)

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4. Palka |   Link |  Bookmark | August 24, 2024 9:16:36 PM
IPO Mentor IPO Mentor (1000+ Posts, 200+ Likes)
Expected NII subscription 400 times?
4.1. diwan kapoor |   Link |  Bookmark | August 25, 2024 12:22:11 AM
IPO Guru IPO Guru (1600+ Posts, 1000+ Likes)
@Palka Ji.. Can you confirm that current gmp is actual..!!
As par the company's business profile & financial,this gmp not seems realistic.. it seems artificial.. Please confirm if you have any input.. !!
Thanks..!!
3. RJDB |   Link |  Bookmark | August 24, 2024 6:50:46 AM
Market Maker: Nikunj & Underwriter: Giriraj - will sell their stock on Day 1
2. diwan kapoor |   Link |  Bookmark | August 21, 2024 11:40:08 PM
IPO Guru IPO Guru (1600+ Posts, 1000+ Likes)
Surprised to see the current GMP.. !!
2.1. StarSon |   Link |  Bookmark | August 23, 2024 4:59:12 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
@diwan kapoor Yes, and GMP is mai-baap 🙏😃

So applied
1. Chhupa Rustam |   Link |  Bookmark | August 18, 2024 2:11:20 PM
Staying away far from applying!!
Burnt fingers in similar auto based IPOs viz. TUNWAL, Popular Vehicles and Services.
Better to use resources in themes other than automotive.
5.2. IPOs Knowledge |   Link |  Bookmark | August 23, 2024 4:21:00 PM
@Chhupa Rustam I too burnt my finger in Tunwal. finally got out from it with some loss.

There business is difficullt to predict. with each day, competition is increasing, so making it more difficult to sruvive.
5.3. Chalak investor |   Link |  Bookmark | August 24, 2024 4:24:22 PM
Yes,I agree with you.