As major shares are with retailer, alloted ensure not to sell in preopen, not go for panic selling for may be 5% lower price . All applied without GMP so hold for short term at least, must be all in profit, EV is future.
For all those negative comments, basis of alllotment might be posted tomorrow. And we will get some clear picture of how many shares alloted to BIG NIIs.
Allottees fasten your seat 🪑.you may witness turbulence on listing day😭😭😭
155. Vnrao| Link| Bookmark|
July 20, 2024 8:22:04 PM
Top Contributor (500+ Posts, 200+ Likes)
Congratulations to all allottees. All IPOs listed recently based in Pune have given good listing gains. Hope Tunwal also, a Pune based Company, will give good gains, if not on listing day, and going forward.
Tunwal E motor Sales : 105.54 Opm : 17.78% NP : 11 81 Equity : 11.06 Valuation: 27.6 Analyze this comparison and decide the future plans. BTW enjoy the monsoon in EV 😊😄😀😎
153.1. colcol| Link| Bookmark|
July 20, 2024 4:12:37 PM
Top Contributor (400+ Posts, 100+ Likes)
The numbers look good and there are multiple potential positive catalysts. However, around 70/% of the float is in the hands of retailers and even some of the HNI allottees may be weak hands. So, the question is whether all this supply can be absorbed at listing.
I am taking a long term view and am planning to hold my lots , but am prepared for a weak listing. Might add depending on how things turn out.
1/3. Got 1 lot after keep on applying 100+ in the recent past. My alloted ones in previous IPOs are already doing well. Planning to keep this for long term and I do not much worry if it lists in discount. Before applying gone through all scenarios case by case and looks good for me in the long term. I'm kind of hesitate to buy wardswizard at 100+ PE and Greaves cotton I'm already holding (145 P.E though). This one is pure E.V play and will be a unique one in my portfolio. There is a chance govt can push and help E.V theme in the upcoming budgets which can help the company to grow well. Who knows if any announcement on July 23 can take this to continuously UCs even if it lists in discount. But no matter even there is no budget announcement. Hoping for the best in the long run. All the best for all alloties.
152.1. Paymzia| Link| Bookmark|
July 20, 2024 2:09:17 PM
IPO Guru (2700+ Posts, 4700+ Likes)
Dont expect anything about EV in upcoming budget.
151. IPO smart| Link| Bookmark|
July 20, 2024 11:23:10 AM
Top Contributor (400+ Posts, 100+ Likes)
Alloted 1 lot from 3 lot HNI application. But amount Rs 118000 deducted two time. What is process to refund back.
5 rs is the last gmp shoen .. but on opening day pre open session will determine based on demand
150.2. colcol| Link| Bookmark|
July 21, 2024 8:38:55 AM
Top Contributor (400+ Posts, 100+ Likes)
On public forums, it is Rs 5, but it may not necessarily be a good predictor of where the IPO will list. If most allottees decide to keep their shares for longer term, it may list higher. If most decide to sell at any price, it may even list at a discount. The other factors will be support from LM/ MM and secondary market demand.
"Higher spending indicates fully structured model of the IPO" Read above statement many times in Dilip sir analysis..... Does it mean manipulation..... Request some one to explain it.