Cant agree more. The surprise element on the upside cannot be ruled out. These figures are naughty figures ruling out a possibility of negative listings
97.3. sahab| Link| Bookmark|
June 2, 2023 6:40:51 PM
IPO Guru (1100+ Posts, 600+ Likes)
Thic company in mobile application development, AI & ML development, ChatBot developments
Which is in good demand It it will list positive with 142 to 145 range
Skipped it. Inverse subscription figure of NII and RII is not good. NII and QIB should have been 12 and retail 6, to make it good candidate for listing gain. Anyways let's see. All the best to all the subscribers for allotment and listing. For long not considered, these type of companies are not getting any fund from angel or PE funds nowadays. Every other tech graduate is raising these type of start up companies within one year of exit from colleges
93. Cyclodium| Link| Bookmark|
June 2, 2023 5:07:43 PM
Top Contributor (600+ Posts, 100+ Likes)
Fun and games on the cards on this. Operators/ LM & promoters are teaming up on this. Retail participation has picked up seeing increase in deals happening in Grey market in Last three hours in Ahmedabad & Rajkot. Experts & IPO gurus can confirm for other centers. The way the trend is going, Negative or at par listing is not likely.
Any change in your confidence after watching the latest subscription figures. Can you share this trend of change in mood of investors. It's looks like something cooking, either positive or negative, which we are not able to see.
88.3. Trueinfo| Link| Bookmark|
June 2, 2023 4:20:56 PM
IPO Guru (1900+ Posts, 1700+ Likes)
Not worth taking risk for very limited gain, if at all. It can be plus minus 5% listing. Only retailers are gung ho. All will rush to sell on listing.
Subscription figures moving like Rajdhani Express. Difficult to understand last minute rush in Retail. Is there in any change in funda of this issue. Going to happen something on listing day. Sometimes valuation and price have no impact on subscription figures. Wait upto 17.00 hrs.