hi ,@noorul @lokes I have been allotted one lot , but I had sold my application in grey market for 13k , they will get whatever opening price and I ll get only 13k ..what you suggest ,I have already done blunder should I sell in preopen or can wait for few days after listing so atleast I ll have little gain above 13k...Plz note grey market buyer will only take preopen rate and not concern how it is performing upper or lower curcuit
78.1. lokes| Link| Bookmark|
February 7, 2022 11:33:11 PM
IPO Guru (4400+ Posts, 5100+ Likes)
since it has very good subscriptions so it may hit upper circuit after opening, you may take risk for holding 2-3 days to take those extra gain after preopen.
thanks @noorul nd @lokes...was lucky to get timescan but I had sold in preopen ..but it's my 3rd ipo in this season ..many more to go ..hope I dont get trap this time like I was trapped in Sarveshwar Sme ipo nd finally left sme ipo only as happen with most of retail investors
A big NO as company has more competition market & very low margin and they are new for its their Mumbai market so future is uncertain for them as other expenses will be high so it might cut their profit margin also. Further, they are not manufacturer so they won't get benefit from budget and Devda sir said to avoid it. In short, avoid it as it is very risky bet.