Pehli baar aisi feeling ho rahi hai ye 30x subsribed BHNI se 1 lot mujhe naa mile.Auragar mile to premium listing ho.
But the things can go reverse too. Ho sakta hai listing ke din QIB retailer aur HNI se open market me huge buying kare.
118. SSingh| Link| Bookmark|
January 5, 2023 5:35:04 AM
IPO Guru (1400+ Posts, 800+ Likes)
Those who have applied in this IPO by mistake or after checking the FAKE subscription figures (managed by the LM), better to sell in PREOPEN as only god knows where it will go from there!
118.1. IPO LEADER| Link| Bookmark|
January 5, 2023 9:59:21 AM
IPO Mentor (800+ Posts, 400+ Likes)
You got it right , Promoter gave money to grey dealer for making it fancy and with zero volume it traded and retail HNI subscription was so much... QIB will exit on day one by selling whole quantity to retail public... Very high valuation must sell on pre open...
118.2. SSingh| Link| Bookmark|
January 5, 2023 11:27:27 AM
IPO Guru (1400+ Posts, 800+ Likes)
With the help of grey brokers, LMs are encouraging every C type companies to come with IPOs and loot money. Very unfortunate scenario!
After a while(post listing),no one will remember. QIBs will dump on retailers @70-80 in the name of cheap stocks.With the devaluation of ₹ with respect to $ , this should be considered penny stock (<1$). Best buy post listing is @20-25. Let's wait for that moment. There are other fishes to pay attention to mean while.
After closing Of IPO no buyers in premium, seller at 2rs ... It reminding me of Moxsh IPO where buyers run away after issue closing , very expensive valuation of 33x PE where industry is having PE of 8x... Pantomath chor hai... 2018 me sbse jyada wealth destroy kia hai... #Boycott
Bhai log mene to Ek daal diya BHNI me kyuki there are no other good SME IPO. so invested my money here. Ab MF waloki raah dekhunga to din nikal jaayega.
Poor performance in QIB..Not a single share applied by Mutual fund in QIB section.
106.6. Smile.| Link| Bookmark|
January 4, 2023 7:30:03 PM
IPO Guru (1800+ Posts, 1100+ Likes)
@rafiq Participation of mutual fund, banks wasn't expected here. So not surprised at all. All from nii/ rii are here according to their risk appetite. Little bit +/- is ok. So without much botheration lets pray for timely allotment n refund in Anlon n apply with ff in Chaman
But looking at the flow of all the retail , IPOs,99% of the time i have seen MFs are participating in all IPOs, which was my inspiration to apply for IPO. But that does not guarantee success of IPOs. Like we saw a flop show of PayTM. But i think all big players of markets are threatened due to market condition n Covid Fobia.
I dont see any risk here and pray we all get happy listing...
Finally applied with whatever fund was left in diff accounts after keeping some for Chaman in case funds do not get unblocked in time from Anlon..... 4 SHNI..... For the first time all 1st Party applications...