ET ME NEW NEWS AYI H ABHI...Don't allot shares, please! Give us cash, say SBI Card IPO investors Analysts on Thursday tampered expectations of big listing gains from SBI Card. By Rahul Oberoi, ETMarkets.com|Last Updated: Ma ..
Read more at: https://economictimes.indiatimes.com/markets/ipos/fpos/dont-allot-shares-please-give-us-cash-say-sbi-card-ipo-investors/articleshow/74589727.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Since the past two years, never got allotment in any issues that saw a blockbuster listing. This time they made sure I do. Got 149 shares across 4 accounts (Different quotas).
Now how much loss should I expect if I sell right at the open? 50% , 80% How much? Can someone guess that right?
In Hindsight, i felt that SBI card IPO saved us from SECONDARY market investments as we put all our money at that time. If we had invested all IPO money in secondary market, we would have been in more loss.
It may not list in much premium, but we can hold for sometime as all did not get allotments.