@abc xyz Good evening. Reacting your post after a long time. Even your posts are very less in comparison to past. Hope all well.
Now question of Jyoti CNC is concerned. There were negative views about this IPO because of pricing and financials. Inspite of all this the IPO was subscribed in good number. SEBI registered Analyst and C G Forum panelist Mr. D D was not at all in favor of this IPO. MAY APPLY. His comments were : ** The isue appears exorbitantly priced discounting all near term positive. Only well informed cash surplus investors may park funds for long term while others may ignore**. I applied at last minute due to some report and got 1/1sHNI and 0/1 retail.
I don't know whether this Forum has any SEBI Registered Analyst member. So how can we predict better than Mr. D D ? I mean to say that in Share Market no body is Supreme. Only Market is Supreme. We are pawn and so on but not a King.
I may also like to give an example of Global Health where retail portion was under subscribed. Not C G Forum members but retailers as a whole, were not in favor of this IPO. All retailers got full allotment for their applications. I was one of them. Just see ATH of more than 1500.
Even Mankind retail portion was not subscribed fully and all retailers got full allotment. I was also one of them.
Commentary is possible in cricket after playing a ball and not before bowing. So the share market.
I always belive in :
**MAN PROPOSES AND GOD DISPOSES**