But I read in a report that those who are bidding at a higher price chances of getting allotment is also hiigh. Why I wanted to know this because in my last five IPO i am not getting allotment. Ofcourse, the subscription rate was very high.
1118.1. PSR| Link| Bookmark|
December 11, 2019 5:02:11 PM
IPO Guru (1200+ Posts, 700+ Likes)
This principle is applicable to HNIs/NIIs, but not to RIIs.
1118.2. PSR| Link| Bookmark|
December 11, 2019 5:05:52 PM
IPO Guru (1200+ Posts, 700+ Likes)
I correct myself.
As long as your Bid is equal to or above the price determined, the chances of allotment is same.
Those who have alloted the shares, book the profit on listing day only. Please check the price of CSB bank. It is continuously in lower trend since listing. On listing day the price was 295 and on today the price is 240. Hence Ujjivan will behave in the same way. The hype will be over after Thursday.
@ dinesh i disagree with u,csb bank is totally different from ujjivan small finance bank,npa of ujsf is only 0.85%,csb bank is in loss for many months.
Dear Small, I got 400 shares and will sell on listing day. I don't think CSB will move forward in near future. It will take time it to move ahead. I stuck with 1 lot of Anuroop.
Dear AhierR its Typing mistake i bought avg.price of 247 not 237
1117.7. Amit Chheda| Link| Bookmark|
December 11, 2019 4:43:11 PM
IPO Mentor (700+ Posts, 900+ Likes)
CSB Valuation was crap so it deserve fall after listing....looking at financials of csb even double digit upto 80 poissible in coming days....on other hand Ujjivan Bank Comes at excellent valuations.....grey is down to 18....if it list around 60 levels then grab with both hands...tgt 75 soon....This Will fire on all front.....Retial me kisko bhi maal nahi mila.....all jokers of shareholder category ko he allot huya he....so Tomm jokers will exit and smart inverstors will enter for Wealth creation...
@Dinesh Ujjivan and CSB totally different we can't compare. Please have look progress of Ujjivan. I not got any allotment it's my bad luck but I am sure this share never fall down. So, Buy for long term on listing day only.
At what time, we will get the allotted shares of UJIVAN SFB in our demat a/c? when we can place the AMO order for selling? Experts, kindly inform please.
ONLY ASBA Se Apply kiya kro jis din allotment aata h usi din fund debit or unblocked ho jata i use evry time of IDBI,BOI,Kotak BHIM UPI Se dur rho usme Fund fans jata h
One have to be cautious the kind of Ujji types. It is quite expensive. New investors can avoid. It will be available below IPO price later(in my opinion). Discl: Applied for a lot in IPo and not allotted...