I don't think LC will sustain. Infact 11.5 should be bottom at most for tomorrow. Why any big investor will let go down and that too when QIB was 19 times. Just hold your nerve. I have strong feeling it should close above 12.5 tomorrow and within a month should sustain above 14. I would advise to keep only that much position which you can hold without any fear. Best way could be just keep shares of profit amount & hold it for 1-2 years.
@WorthLearning I asked this to Zerodha but they didn't answer (Processing). Now since the ISIN is different, one would need to buy what they shorted. In other words, the short trade can't be settled against the FPO shares.
1) Strategy same for any broker including Zerodha 2) ISIN will be same tomorrow morning. 3) But if ISIN different.... IFF If ISIN is different will the price be different? NOOOO So Sell old ISIN with Margin in Preopen Settle Intraday after 10 (old Isin) Sell New ISIN.
Then Add Balance to your Trading Account. (For Margin) Then Short Sell (select Intraday) IDEA.
Later after 10 : 1) If ISIN same (new and OLD) covert short sold INTRADAY to DELIVERY 2) If ISIN different: Settle Intraday and Sell new ISIN Delivery. the price wont be much different.
(Agar price alag ho to muje kuch na kehna. This advice is FREE and a workaround)
Pre-open equilibrium could be at LC. Again after a few minutes when the LC limit applies, applicants might short sell (MIS) and that's when the price would move up and be kept up so that such MIS trades result in a loss. The story could repeat on the next day.
Broad trading range could be 11.25 /15.4/13.35 as center point .Tomorrow trading range can be 12.3/14.3/13.30 as a center point. What's over may be there is 13.3 price tommoro ...Think positive .
1278. UjwalG| Link| Bookmark|
April 24, 2024 1:21:01 PM
IPO Guru (1300+ Posts, 600+ Likes)
If people are selling today, then wouldn't it be a problem since ISIN will be different of fpo shares? Ruchi soya fpo had this, 2 ISIN number. It was merged after some days.
1278.1. CJ ROCKS| Link| Bookmark|
April 24, 2024 2:11:40 PM
IPO Mentor (800+ Posts, 500+ Likes)
@UjwalG No sir here the ISIN no. is same . CG already posted the ISIN no. and listing date . So ISIN NO. and BSE Scrip code in VODAIDEA is same that is already traded in the exchanges. Details are published just below the subscription figures in the current page.🙏
1278.2. UjwalG| Link| Bookmark|
April 24, 2024 2:16:26 PM
IPO Guru (1300+ Posts, 600+ Likes)
Aha, i knew i was missing something. Thanks
1278.3. UjwalG| Link| Bookmark|
April 24, 2024 8:02:25 PM
IPO Guru (1300+ Posts, 600+ Likes)
Maybe temporary ISIN. Lets see. Image from CDSL account
1278.4. CJ ROCKS| Link| Bookmark|
April 24, 2024 8:08:12 PM
IPO Mentor (800+ Posts, 500+ Likes)
@UjwalG Yes sir it is temporary ISIN no. It will be merged with old IDEA ISIN no. in tomorrow morning. As mentioned by @MAMU and also my broker is also telling the same thing which MAMU told in a earlier reply. So best of luck for tomorrow. 👍🤞
I sell my 3 application lots of 18172 share in advance by depositing margin money In allotment massage mention that waiting for approval What is the meaning of this line
For all those saying that QIB will absorb all selling pressure tomorrow, my question is why they didnot absorb it today? Are they expecting to get a better (lower) price tomorrow?
P.S: Allotted 360k shares and holding. But in hindsight feels like should have sold 50% today. Now think will have to wait for few days to exit.
QIB is very well oversubscribed, but VI could have reduced the allocation for retail. Why did they kept 30% for retail. Didn't they not estimated this QIB figures? Lets see tomorrow. Whatever going to happen will happen
@Chirag Agrawal The reason can be if they would've absorbed today then tomorrow many ppl will not sell the shares. Now because of today there will be panic selling on listing day and many will place sell order at 9 am tomorrow and the price will go down further which can be a great opportunity for QIB to get shares at low prices.
Is isin code is different of this FPO ? this means who have sold shares today will have to settle their trade by buying new shares from market, can't cut their positions with FPO allotted share ?? And that leads to Gap up Opening tomorrow??
CDSL: Credit in a/c *35825518 through IPO/FPO for 1298-VODAFONE IDE LST PEN on 24APR
It does not make a difference. The Isin would get changed before 9 AM tomorrow. The cutoff time for shares which are sold today is tomorrow 10 Am. Hence can be easily be well managed by local brokers. No buying would happen from HNI who have lightened thier position today. Senior member, guru and mentors can further add on and validate the same.
To the point reply : It's same and hence no question of any other probabilities. It will certainly see selling pressure tomorrow. Opening levels expected 12 to 12.5
Since, ISIN of FPO shares is different from Normal shares...... Today's short sellers got trapped. Now chances of gap up opening tomorrow is very high🔥
I am planning to hold 3 applications and will gradually sell remaining 7 retail applications but not tomorrow in Pre-Open market.
I currently hold a total of 10 retail allotted apps with an allotted quantity of 1,81,720.
@Experts I would appreciate your advice whether it is advisable to hold onto them for a few weeks or a couple of months before making any decisions to sell.
@Sandy S I'm sure you thought ones before put 20L and made some due diligence,risk and rewards. Please ignore the noise and stick to your own assessment
Do not sell any shares in panic, remember! GQG partner invested in FPO and they have proper planning that FPO will give good return in short term and long term.
Tomorrow many big players FII & DII purchase heavy shares qty. from retail investors. FPO will not go down below 11 so no need to worry about it. If retail investors assuming this investment as Fixed deposit, then FPO must give at least 20% return within one month that's for sure.
Stay invested with strong mindset.
1267.1. RPSM| Link| Bookmark|
April 24, 2024 7:28:16 PM
Top Contributor (200+ Posts, 100+ Likes)
Not 1 month.. 20% return expected by EOD. Tomorrow
1266. PLAZA| Link| Bookmark|
April 24, 2024 3:46:27 PM
IPO Guru (2400+ Posts, 1300+ Likes)
sold 5 lots of 112978 shares with deposit of margin with broker rest will be sold tomorrow throgh ZIRODHA
1266.2. PLAZA| Link| Bookmark|
April 24, 2024 4:04:45 PM
IPO Guru (2400+ Posts, 1300+ Likes)
@GrayIsTheNewBlack If u ask your broker by depositing margin appx 80k then at your risk they can sell the shares except online broker like zerodha/upstock/angel etc...
1266.3. CJ ROCKS| Link| Bookmark|
April 24, 2024 4:22:05 PM
IPO Mentor (800+ Posts, 500+ Likes)
@PLAZA yes sir most of the traditional brokers are doing that with your most important line in the message "AT YOUR OWN RISK". The only risk associated with this selling VODA_IDEA is shares must be credited today in DEMAT account for T+1 settlement with margin money in trading account.Risk hai toh profit hai👍
1266.4. IPONEED| Link| Bookmark|
April 24, 2024 4:49:32 PM
IPO Guru (2200+ Posts, 1100+ Likes)
i also sold 10700+ shares today @ avg price is 13.40
1266.5. PLAZA| Link| Bookmark|
April 24, 2024 5:38:31 PM
IPO Guru (2400+ Posts, 1300+ Likes)
@CJ ROCKS Since shares are going to list tomorrow therefore definnately shares will be credited before 9 am tomorrow or most probably today itself.
Risk in this trade is only if we get shares with different ISIN (temporary) number like in Ruchi Soya.
1266.8. CJ ROCKS| Link| Bookmark|
April 24, 2024 6:00:12 PM
IPO Mentor (800+ Posts, 500+ Likes)
@PLAZA Breaking News✌ Sir positive news is that the shares of FPO are just credited in my NSDL DMAT account. Now no worry for settlement .Now hope for the best listing tomorrow🙏🤞
1266.9. PLAZA| Link| Bookmark|
April 24, 2024 6:26:14 PM
IPO Guru (2400+ Posts, 1300+ Likes)
@CJ ROCKS Yes Thanks for updating . Just got the message and what was planned now executed easily....
1265.1. Trueinfo| Link| Bookmark|
April 24, 2024 7:20:04 PM
IPO Guru (1900+ Posts, 1700+ Likes)
FPO Shares orders can be put after 0900h only.
1264. StarSon| Link| Bookmark|
April 24, 2024 7:19:22 PM
Top Contributor (300+ Posts, 100+ Likes)
देखते हैं ऊंट किस करवट बैठेगा कल।
1263. CJ ROCKS| Link| Bookmark|
April 24, 2024 6:10:44 PM
IPO Mentor (800+ Posts, 500+ Likes)
Big Breaking 👏 Voda- Idea FPO shares are just credited in NSDL DMAT account. Now wait for tomorrow for good listing. Let's hope for the best. All the best to all allottees. 🙏🤞✌
1263.2. CJ ROCKS| Link| Bookmark|
April 24, 2024 6:21:24 PM
IPO Mentor (800+ Posts, 500+ Likes)
@Alok Kumar Goenka Listing Date April 25, 2024 BSE Script Code 532822 NSE Symbol IDEAFPO ISIN INE669E01016 Final Issue Price ₹11 per share Just check the details sir😃