236. Kishore S| Link| Bookmark|
September 22, 2021 5:25:15 PM
Top Contributor (200+ Posts, 100+ Likes)
As per Dilip Davda sir comments : "this IPO mulled a collection of Rs. 1400 cr. and now when the secondary market is in pink of its health, they are planning mobilization of Rs. 1283 cr. i.e. they have reduced the valuation and kept something on the table for new investors"
So we can expect the difference 10% as listing gain left to investors.
235.1. ipobull| Link| Bookmark|
September 22, 2021 12:56:46 PM
IPO Guru (1000+ Posts, 1000+ Likes)
Nowadays, no one can tell the listing price accurately. You can check the equilibrium price at 0945 hrs. on the BSE website to get an idea. But, mind it do not sell the stock in panic. Its financials look good. It could be held with at least short term view if not long term.
@Nandu.... All are not depends on GMP, this is just a one factor, overall market conditions effect on share price, so don''t panic and wait for the listing time....
Allot to me... 1/3.... :) :)
230.4. Ankur Goel| Link| Bookmark|
September 22, 2021 12:40:58 PM
IPO Guru (1300+ Posts, 600+ Likes)
You must be lucky. Here, I got 8 out of 21 applications.