Still Star can be star performer if they half the issue price to Rs.450 per share.
Zydus cadila came out with ipo for Rs.500 and issue was also fully subscribed @ 500 but at the time of allotment they reduced the price to Rs.250 and if same thing is repeated here promoters will have good will and will earn NAME & FAME
Yeah there may be a possibility to get attention if they follow the same. But, still looking at their PAT trend, how long it will run. Cant say, its good for long term in such scenario.
NIIs are wise ....as till now only 19% has been subscribed.....this IPO must fail......How this retailers are subscribing...I don''t know... definitely going to lose their money
Deadline extended to 7 PM but some fools are still applying as application-wise numbers increased from 0.82x to 0.83x and employees are forced to apply at gunpoint. :) 😆
Feels good to be a viewer of history in the making. 50 years from now, a headline will go: How the Huge Failure of India''s then biggest IPO in Markets History Taught Investors; A Health Insurance Company Suffered
i remember last year also "LIKHITA" also didn''t got subscribed fully then extended the dates then listed not much with gains but now it is giving good returns means if good results and performance will be good then market will automatically give the valuation
don''t go for listing gain rather buy afterwards when it get settled ........
234. K.Atar| Link| Bookmark|
December 2, 2021 3:49:15 PM
IPO Guru (1000+ Posts, 700+ Likes)
valuation, financials and final subscription figures are more imp. than fundamentals for listing gain bog shark like even star health, paytm, nuvoco, cartrade can also fail(though i feel fundamentals are good)
if they make application then it will gain 100 times else -270%
229. Dr.Bhavy| Link| Bookmark|
December 2, 2021 3:18:26 PM
Top Contributor (200+ Posts, 100+ Likes)
Time is extended to 6pm for hni and 7pm for Retail and employee.. Now, manipulation will be done and it will sail through..employee might be pressurised also
Star Health has offered Public Issue but did they say you have to apply incase you are having or not having interest. Same if it lists will heavy premium will you say same. Its greed that is driving people. If you think it is cheating retail investors then dont apply
Hi, I applied through asba net banking yesterday thinking that ipo will get subscribed. But after seeing response today, i wanted to cancel but couldnt find cancel option. Thinking to get it rejected i applied another application through upi. Does it reject both of my applications?
Yes, rightly said. Even if we don’t invest directly in these IPOs, indirectly, we invest in them if our MF houses invest in these overpriced IPOs. I think in one way, LICs policy makes sense for not investing in IPOs directly.