Subscription going like LEMON TREE remember lemon tree ipo?? Only QIBs were interested Hni & retail subscription were very low No one had the stock to sell on listing day VEL going same way???
If u see the trend of subscription Only QIBs(f ii) are interested What does it mean Fiis can see something that we Indian institutional investors(or retailer) ignoring?? in this IPO? Or some setting done to subscribe it IMO One should subscribe 1 application atleast If wild listing happened You might have handful of profit Downside risk is minimal
Why one would buy in kostak if ipo is/wil not oversubscribe Premium trading will active when it is subscribe 2/3X That s why I am seeing wild listing for VEL bcos only hni,qib will be over subscribe Example of LEMON tree,bb,midhani
*VARROC ENG LIMITED* *2ND DAY SUBS FIGURE AT 03:31 P.M.* QIB 3.17X NII 0.02X RII 0.17X EMP 0.24X TOTAL 0.99X Total No.of FORMS : 64,166 *Apps Wise : 0.14X*
*VARROC ENG LIMITED* *2ND DAY SUBS FIGURE AT 05:00 P.M.* QIB 3.17X NII 0.04X RII 0.22X EMP 0.34X TOTAL 1.02X Total No.of FORMS : 88,320 *Apps Wise : 0.19X*
Varroc Engineering Limited IPO 967 has a total value of 13,500 crore, against which the total profit is 450 crore There is no room left for retail. Now HDFC AMC's IPO is coming up, the estimated valuation is from 30000 to 35000 crore Its profit is about 600 crores Now the retailer will have to consider paying an IPO.
Anchor investors have invested in the IPO of INDOSTAR 572 also. Even though good companies have invested, the price has reached near 500 today. Although the QIB and HNI deliveries were good, this is the stock of shares today. So what would be the IPO to do anchor investors, QIB and HNI losses.
At 2.30pm Qib 1.57 times HNI 2% Retail 15% Total 53% My expectation is Qib will be more than 20 times on last day. Hence one can subscribe after seeing fii figure on last day after 3 pm.