Patanjali OFS clearing price for institutional investors fixed at Rs. 1103.8. So now Cutoff price fixed for retail investor Rs. 1103.8.
So OFS discount now not even 5℅. Tomorrow chances of upper circuit.
590.6. PLAZA| Link| Bookmark|
July 13, 2023 10:11:16 PM
IPO Guru (2400+ Posts, 1300+ Likes)
Yes hope so . Due to cutoff price and only20 investors absorbed 95% of ofs . Something is cooking very smartly a d if price sustain above 1150 then one can go with this with a risk
590.7. Black Swan| Link| Bookmark|
July 13, 2023 11:38:58 PM
Top Contributor (400+ Posts, 400+ Likes)
How is the allotment done in Retail category in case of oversubscription at cutoff price
senco gold it can good to hold long teram as campier to klayan jwlers or not
581. abc xyz| Link| Bookmark|
July 13, 2023 7:31:04 PM
IPO Guru (1400+ Posts, 1400+ Likes)
All major Jewellery stocks are doing well in the market.
1. Thangamayli have given 11.8 % gain ( monthly ) & 57.05% yearly. Presently it's trading nearer to it's ATH level ( 1734 )
2. Kalyan have given 51 % gain ( monthly ) & 171 % yearly. Presently it's trading nearer to it's ATH level ( 184 )
3. Titan have given 5.91 % gain ( monthly ) & 46.1 % yearly. Presently it's trading nearer to it's ATH level ( 3210 )
In view of this Senco Gold also may perform well & have potential to give good returns to it's investors. In short the timing of Listing is also very favorable and the market is also at All time high level. Market sentiment is very good for the good listing for the fundamentally strong company.
577. abc xyz| Link| Bookmark|
July 13, 2023 6:04:13 PM
IPO Guru (1400+ Posts, 1400+ Likes)
According to : Business Today
Ahead of its listing at Dalal Street on Friday, Senco Gold continues to hold its ground in the grey market as the premium in the unofficial market continues to remain firm, despite a marginal correction. Senco Gold will make its debut at Dalal Street on Friday, July 14. Last heard, shares of Senco Gold were commanding a premium of Rs 125-130 apiece in the grey market, about 40 per cent higher from its issue price of Rs 317 per share. The grey market premium was around Rs 135-140 apiece on Wednesday and investors are expecting another listing pop at the debut. Analysts tracking the grey market are positive on the company, thanks to a host of factors supporting its grey market premium.