@Serious long term investor Must keep in mind that in this IPO, Shreni is not the market maker. Case No _ 2 (In MM where Shreni is Not there)
Shreni will just take the merchant banker fees as lead manager and walk away.
Nikunj Stock & Shares is the market maker here.
Case No _ 2 (In MM where Nikunj Stock Broker is there)
Swasthik (Shreni _ LM) (Nikunj _ MM)
Women (Narnolia _ LM) (Nikunj _ MM) Listed 42% At Present 76%
Sharp Chuck's (FedEx _ LM) (Nikunj _ MM) Listed 12% At Present 33%
Newjaisa (Indorient _ LM) (Nikunj _ MM) Listed 50% At Present 264%
Holmarc Opto (Finshore _ LM) (Nikunj _ MM) Listed 71% At Present 185%
Sungarner (FastTrack _ LM) (Nikunj _ MM) Listed 216% At Present 119%
Srivari Spices (GYR _ LM) (Nikunj _ MM) Listed 154% At Present 380%
Drone (Narnolia _ LM) (Nikunj _ MM) Listed 57% At Present 156%
Alphalogic (Finshore _ LM) (Nikunj _ MM) Listed 0.3% At Present 271%
Case 2 _ Shreni is not as LM & Nikunj is as MM.
Correct me if error in data or else (typing error) .. ✌️
(Some Data is not taken because of shortage of Time ⌚)