My strategy always has been simple.. If listing as per GMP or above GMP, book 75% to 100% of the profits.... Even if by selling half shares, I am able to recover my costs still I sell 75% of shares.... For investing, I prefer nifty large cap funds... So all the proceeds go to index funds or bluechip funds...
If listing poor (below GMP) then I hold and try to exit after listing during the day or the complete week...
For tarsons, listing was at 680, I had received 4 lots, I placed orders at 720, 756, 818 and one lot still holding... Listing was way below gmp (everyone was expecting 850-900 listing)
In TEGA, I will sell at option 1) 750+ (75% of allotment received) and option 2) 800+ (90% of allotment received)
If listing below 650, I will not sell and try to hold for 750-800-850
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December 9, 2021 4:23:41 PM
Top Contributor (300+ Posts, 500+ Likes)
Like always, no allotment this time too from link intime. Applying for. Will not lock my money going forward in the issues managed by link intime. It''s nothing but waste of time.
You are right but then they did not allot me in any of the good IPO in the past many years. I was only a spectator watching all those IPO list with 50 / 60 or even100 % returns. There is a limit to everything, even to being unlucky.
But they allotted me in that heavily subscribed Cartrade IPO which leaves no doubt in my mind about their allotment method.
Finally Got my first ever Allotment on Linktintime. I always used to think its a Fraud Registrar xD. Got 1/1. I got IPO allotment many times on kfintech. Please share what should be Listing Day Strategy- Book full or hold?