Shares offered for retail is around 5727 million and Idea shares traded on NSE as on 19.04.2024 is around 721 million.
Is this indicating a huge selling pressure on listing?
541.1. Seth.| Link| Bookmark|
April 21, 2024 8:38:50 PM
IPO Guru (1100+ Posts, 500+ Likes)
Yes that's why everyone is fearful right now but buyers also will be there and not everyone will sell , on new listing of IPO/FPO there would be huge volume and later it cool down.
This FPO will repeat story of Yes Bank FPO. Yes bank FPO came at Rs. 10/-. In fact, after listing it went below Rs. 10/- price. After period of 3 years, Yes Bank reached 30+. Similar story gonna repeat in Vodafone FPO as well.
I think those who can hold this share should definitely apply for 2X return in 1 year.
If retail is subscribed below 1x does that mean allotment will be at Rs 10. Also my wife has not done bidding yet shall she be bidding at Rs 10 or at 11 in case subscription is below 1x. Please guide
534.1. Rajiv RR| Link| Bookmark|
April 21, 2024 6:10:04 PM
Top Contributor (600+ Posts, 100+ Likes)
Nope, does not depend only on retail. Since some categories are already subscribed over 1x. allotment will happen 11.
533. Nitin oswal| Link| Bookmark|
April 21, 2024 9:57:42 AM
Top Contributor (400+ Posts, 200+ Likes)
@lokes Apply kare ya nahi? Open rakhe ya grey me sell kar de khouch samajh nahi aa raha he pls help
533.4. Bullrunner| Link| Bookmark|
April 21, 2024 1:13:21 PM
Top Contributor (400+ Posts, 100+ Likes)
@arunARUN With due respect What is the reason behind your statement "downside is limited " ?
533.5. arunARUN| Link| Bookmark|
April 21, 2024 1:45:42 PM
IPO Guru (1900+ Posts, 1600+ Likes)
@Bullrunner If you see subscription by anchor name and quality beside them being locked in for 30 and 90 days. All the negative is already out in public domain.
These factors give confidence for low downside. Ok look the average price before FPO announcement. (period before EGM notice for FPO). What has changed for the company post FPO announcement rather it is getting more cash in kitty nearly equal to Rs. 20,000 crore Would like to understand from you if you believe that this investment of Rs. 11 will go down to Rs 8 in 3 months under what kind of circumstances. If you see worst position say those too
533.6. Bullrunner| Link| Bookmark|
April 21, 2024 3:00:56 PM
Top Contributor (400+ Posts, 100+ Likes)
@arunARUN My worry is about that 9000 cr wirth shares that will be allotted to retails and hnis. Most of them are not willing to go for long or short term. They are applying for just listing gain. Who sold in grey will also put sell order on first day. So selling pressure will be very high on listing day.
Who will buy HNI and retail shares on listing day ? QIB has to be 2 or 3 times at least so that they may come to buy on listing or else it's doomsday for all @arunARUN , isn't it ?
533.8. arunARUN| Link| Bookmark|
April 21, 2024 5:39:35 PM
IPO Guru (1900+ Posts, 1600+ Likes)
Actually most of the time day 1 selling has QIB load as they got allotted very low quantity. In this issue most of bHNI and retail applications are cover for what is sold in grey. Why do you think that person is paying premium in grey. obviously some one bought that grey volume (even on net basis it will be large) Any way my idea is not to convince you for or against. But to think why of it
533.9. Bullrunner| Link| Bookmark|
April 21, 2024 5:46:04 PM
Top Contributor (400+ Posts, 100+ Likes)
Altra hni also will get shares how much they want. So why will they buy on listing ?
533.10. Bullrunner| Link| Bookmark|
April 21, 2024 6:02:44 PM
Top Contributor (400+ Posts, 100+ Likes)
@arunARUN These are not argument but discussion to get some new knowledge and idea.
533.11. Nitin oswal| Link| Bookmark|
April 22, 2024 2:23:32 PM
Top Contributor (400+ Posts, 200+ Likes)
533.12. lokes| Link| Bookmark|
April 22, 2024 5:32:18 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@Nitin oswal missed to check your message so couldn't reply....anyways i replied later in some other post.... i have applied here many full retail applications and i will sell half of my allotments in initial 1-2 days to get money back, and will hold around half of my allotments for some months, i think it may do little better in near future... Inox india also i was confident of good returns so kept holding even after it didn't performed initially for some months but later it gave good returns finally.
533.13. Rakcyt| Link| Bookmark|
April 22, 2024 5:50:55 PM
IPO Guru (1200+ Posts, 1200+ Likes)
@lokes Bhai , good to see your valuable comments and advice for all. Pls s are eagerly awaited .
@lokes Do you mind disclose your listing+short term+ longer term Target,if possible?
533.15. Rakcyt| Link| Bookmark|
April 22, 2024 6:27:09 PM
IPO Guru (1200+ Posts, 1200+ Likes)
Don't know why my msgs are garbled shortest one @Admin @ Chittorgarh.com Pls look into this . The missing lines were " pls try to to drop in between to provide your valuable comments as always eagerly awaited "......
@Rakcyt Comments will not appear garbled post 8 pm 😜😃
533.17. Rakcyt| Link| Bookmark|
April 22, 2024 7:24:41 PM
IPO Guru (1200+ Posts, 1200+ Likes)
@Chhote Lal 😂 Haha By then one "think" he has much more clarity but then thoughts are garbled, leave aside writing the comments .
One person wanted to say " mere bapu ajmer Gaye Hain ........he ended up writing mere bapu Aaj mar Gaye Hain "........imagine what bapu must have done with him 😄😄
Everyone wants to play arbitrage , everyone wants to sell , everyone knows tariffs would increase and government doesn't want duopoly conveniently forgetting PSUs, everyone knows it buying debt, everyone also knows that there are thousands of company, and lower downside whatever that means since loss is a loss ....
Want to cancel my sHNI biddding. Does applying in retail category with the same account, shall cancel both my bids like we do in IPO? Kindly help in this regard. Thanks :-)
@GJ Eighteen Yes sir can’t cancel, but if i apply in retail category from the same account in which i have applied sHNI. Both my retail and HNI bids will be cancelled by registrar?
@SJ❤️ I am apply in BHNI tmrw sir. Just reducing applications from my end due to reducing premiums as per my RR sir.
526.6. Bullrunner| Link| Bookmark|
April 21, 2024 3:15:24 PM
Top Contributor (400+ Posts, 100+ Likes)
As per rules third party upi is not valid. But some people still get allotment in third party
526.7. GJ Eighteen| Link| Bookmark|
April 21, 2024 3:15:46 PM
Top Contributor (300+ Posts, 100+ Likes)
@IPOTAMIL What an !dea sir ji. That's also promising way to cancel the HNI application as per rules. However, pls wait till 3-3.30 PM tomorrow to make a decision. The Vi share price and QIB response, if both will be promising than there may be limited downside risk and could have good upside potential.
@Johny@Ayank Will try that by applying in retail from the same account as used for sHNI. Once the allotment is out, will let you know what was done with my bid, so that we all can use for under subscribed IPO/FPO next time :-) @GJ Eighteen Definitely sir. But I am going in BHNI category in this FPO whatever is the response from QIB’s. Since only that is within my risk reward sir. @Bullrunner not risking retail with any 3rd party upi since the rule came in sir :-) Thanks
523.1. MuStrFc| Link| Bookmark|
April 21, 2024 2:37:10 PM
IPO Guru (1800+ Posts, 1000+ Likes)
@CA. Mumbai Yes, but be vary of the charges and discuss with your broker whether it allows the same or not. Since FnO is already in ban, so SLBM is the option for hedge currently.