Subject to sauda is 450 still, so logically it should give you 700 rs profit per application.
141.1. SJ| Link| Bookmark|
July 20, 2018 2:36:58 PM
IPO Guru (1300+ Posts, 3200+ Likes)
current GMP 8-10.Avoid
140. ammubutter| Link| Bookmark|
July 20, 2018 1:11:09 PM
Top Contributor (200+ Posts, 200+ Likes)
People shout..... Don't apply.... Don't apply..... And I haven't too not applied..... But on the day of listing..... See.... Sp apparel, sheeba foam, fine organics, dilip builcon, varun beverage s...... Many more..... So if ur prepared for loss or gain then apply..... Don't make others afraid...... Personally I applied in two demats
Secondary markets are in turmoil.. no one has enough money to buy IPO shares with listing gain in secondary market.. unless company is good and FIIs or DIIs are willing and eager to purchase all shares which HNIs and RIIs will be offloading on listing day.
139. PSR| Link| Bookmark|
July 20, 2018 1:37:23 PM
IPO Guru (1200+ Posts, 700+ Likes)
Applied for ONE LOT.
Reason: Demand from FIIs exceeded the total shares under offer for sale.
If situation improves further, then more applications would be considered.
SP Tulsian has advised to day for subscription at CNBC AWAZ what is the view of forum?Today is the last day of TCNS.All other expirts are also not in favour Market condition is also not good.Please adice
*TCNS CLOTHING CO. LTD.* *LAST DAY SUBS.FIGURE AT 12:42 P.M.* QIB 8.82X NII 0.14X RII 0.15X TOTAL 2.63X **Excluding Anchor Total No.of FORMS : 31,631 *Apps Wise : 0.12X*
*TCNS CLOTHING CO. LTD.* *LAST DAY SUBS.FIGURE AT 11:55 A.M.* QIB 7.00X NII 0.11X RII 0.13X TOTAL 2.09X **Excluding Anchor Total No.of FORMS : 26,547 *Apps Wise : 0.10X*
And given the suspicious figure, avoid this IPO and teach lesson to greedy promoters. Secondary none of the money from IPO will go to business, so no good thing for business and no further valuation raise.
Credibility of QIBs ? I m not sure No.of IPOs where QIBs participate aggressive but now in red zone If QIBs buy after listing than retailer should buy Before IPOs LM/BRLMs setups with QIBs are well-known