in last few hours subscription figures always go up exponentially. what could be the reason when gmp is already high.
59.1. Rajiv RR| Link| Bookmark|
May 29, 2024 3:28:50 PM
Top Contributor (500+ Posts, 100+ Likes)
We cannot say for sure, mostly they would be waiting for QIB response, or waiting for funds get unblocked from other IPO/sources, review existing subs count, or take funding or do analysis in dept..etc..Multiple things are there. most of time after 2PM on the last day, things change..
59.2. Esparando| Link| Bookmark|
May 29, 2024 4:20:43 PM
Top Contributor (400+ Posts, 100+ Likes)
Only HNI & QIB go up exponentially in the last couple of hours. Retail moves gradually.
Reason is simple in case of HNI,..if you understand how HNI allotment in SME works.
Well holding it in the expectation of increase in share price in coming days :( As of now a steep steep fall and recovery will be like light at the end of a tunnel.
@Admin @ Chittorgarh.com Really surprise to see openion poll & parliament seat victory projection by the members on every page of CG forum.... Is it a part of this forum...?? And is it allows to express political openion on this forum..?? Hope you will answer it.. !! Thanks in advance..!!
56.1. Gingal| Link| Bookmark|
May 29, 2024 3:21:14 PM
Top Contributor (200+ Posts, 100+ Likes)
Final Verdict - Going with some retail applications, not going FF here. Beacon and Ztech too luck good options. Also, this counter is heavily subscribed now, so do not want to park all funds on this one.
I personally believe, this will not get much impacted due to election results, but then this is share market anything can happen. If someone is not willing to take that risk, please stay from any kind of investments for the time being due to lot of uncertainty.
I am applying here, but not FF, keeping some funds Beacon and Ztech. Unfortunately, such have been scenario since few IPOs, not able to go FF anywhere as some or the other IPOs are pipelined.
Please think about market conditions too, as it will list on 4th June (personally, I think, this will not get affected due to that, but be ready for the SHOCK/SURPRISE)
SBI branch employees are useless, Call sbi customer care and if they don't provide solution, ask them to register complaint, issue will be resolved in 2 days
If any IPO fund is not getting unblock timely. Write a mail to the email id of the bank in this link with your bank account number. Immediate resolution will be provided.
@W. Buffett Within 1 or 2 days after the allotment date, register generally send one email about "Allotment advise and refund intimation". At the bottom of that email, generally there is one email address. You can write to that email id. I had similar issue and after sending email, my issue was resolved same day and even register sent another email asking me to confirm if I had received the amount.
Applying - biz is solid, in a tailwind sector, attractive valuations. Longer term I think the play is somewhat commoditized, and risk of larger transformer cos doing inhouse (already done by quite a few). But at 16 PE there is no risk other than bad exit polls, in which case whatever you're holding will be negative anyway. @Sound Investing
@GAUTAM GOYAL If you got 3 different Acs with 3 different PAN and DEMAT then apply 3 retail.. If one Ac then take a chance with HNI 3 lot application..
41.2. Ascension| Link| Bookmark|
May 29, 2024 12:03:10 PM
Top Contributor (500+ Posts, 200+ Likes)
@GAUTAM GOYAL if more then 1 demat then 3 retail, otherwise little use in applying in 3 lot HNI, chances will increase but not much