May get listed arround 205. The little selling pressure may be only from HNI catagory. 45 % anchor and 30 % QIB will not sell. Buying from retail likely as it was 10% only and allotment 7:1 .Do not sell in panic .
I think it's now time for market to see uptrend from next week also Tata Technologies Ipo dates to be announced this month last week or till 15 th September likely to hit market ( As per my Assumption based on market news). Many IPOS pipelined in coming 3-4 months so that retailers can earn.
200. SamJos| Link| Bookmark|
August 19, 2023 12:46:34 PM
Top Contributor (500+ Posts, 100+ Likes)
Linkintime is protesting for reducing the time by SEBI by not giving the allotment
199.1. Rajesh s.| Link| Bookmark|
August 20, 2023 10:01:49 AM
IPO Mentor (500+ Posts, 600+ Likes)
@NA Its possible that linkintime & kfintech are busy with preparing/ updating/ changing their systems for after sep-1 voluntary T+3 listing program. B+.
It will surely list in premium because Allotment now is now delayed to Monday same as happened with Concord. Anil Singhvi Recommended to apply with Long term . I think it should do well with medium to long term .
Shares are supposed to buy and sell. Thats called market
Nothing to worry. When you are in market some times you may get something cheap rate or and feel profitable else expensive and feel loss.
Thats fine. Those who wish to keep the money tight, let them not even come to the market
So no need to spread any negativity every time. You can just say the current GMP whether it is negative or positive
194.2. Vnrao| Link| Bookmark|
August 19, 2023 12:23:12 PM
Top Contributor (400+ Posts, 100+ Likes)
You may be right with your discount figures. Investment decisions can't be affected by a single day or days market quotes. Even if it open in discount, it will bounce back. Those who can wait till January 24; after declaration of 3rd qtr. results, they will reap excellent returns. Same happens with Avalon. Gone into 20℅ discount subsequently gave 50℅ premium all within a period of just 3 months.
This IPO allotment seems likely to be delayed by Linkintime worst registrar. Allotment to be out by Monday only if no debit/ Unblock message by 9 pm or 10 pm by today .
193.1. MuStrFc| Link| Bookmark|
August 18, 2023 10:09:57 PM
IPO Guru (1800+ Posts, 1000+ Likes)
For these type of pathetic registrars only SEBI has brought up the new T+3 rules, but sadly the story will continue in a different way post December, i suspect. In any case Linkintime is worse, no doubt.
When the new TE rule comes in, people will expect allotment in two days or maybe a few people shall expect the allotments to be out right after the issue closes for subscription.. There's no end to the expectations, so just keep calm. It doesn't matter if it comes a day later.