I applied for this ipo through UPI at cutoff price fro retail... But in NSE Bid details Price is showing 999999.99 , why its showing this...will my application reject?
348. Trueinfo| Link| Bookmark|
July 29, 2023 5:24:58 PM
IPO Guru (1900+ Posts, 1700+ Likes)
Nothing is sure shot in share market particularly in short term. Every parameter is indicative. That's why for every buyer there is a seller in the market and vice versa.
348.1. Trueinfo| Link| Bookmark|
July 29, 2023 5:33:54 PM
IPO Guru (1900+ Posts, 1700+ Likes)
For that matter, GMP and subscription are important indicators in short term. Agreed, these may not succeed everytime, but nobody can deny that these are important indicators.
GMP or QIB's Subscription is not sure shot clue for better listing, Their is immense example of surprice listing in the past. Instead of seeing the GMP or QIB subscription one should see the company, it's growth prospect, valuation and indstry outlook of the company. Real investor are those who decide on day one whether to apply or not. Reviews appreciated !
Has anyone recieved allotment in recent ipos using sbi 3rd party asba?
343. abc xyz| Link| Bookmark|
July 29, 2023 9:49:48 AM
IPO Guru (1400+ Posts, 1400+ Likes)
GMP is the most dangerous tool for subscribing any ipo. We have seen number of times that GMP is negligible and on the basis of one decides it & taking the decision. There are numbers of ipos in which comman man avoids it due to low / 0 GMP & doing the wrong thing.
We have seen in Mankind Avalon Infinium Pharma Exhicon Event SKP Bearing Divgi Torq Global Health & .......... On the other hand we have also seen the ipos where GMP is tooo high but listing not justified it's GMP. This makes us more confusing in the market. 😋😜🥲😅
Hello All, Good morning!! What's the current GMP for the said issue.
338. Trueinfo| Link| Bookmark|
July 29, 2023 9:07:33 AM
IPO Guru (1900+ Posts, 1700+ Likes)
GMP is on constant upswing since closure of the issue. It augurs well for a very good listing. May be in the range of 30% plus. Present GMP about 25% . Good luck to all who applied.
Today i was trying first time minor IPO from prostocks dmat using bank of baroda both ASBA and UPI ways but it was giving technical issue in ASBA or authorisations issue in upi mandate. I also tried third party upi but that also got failed while I accept mandate. Any suggestions on this or should i try opening hdfc minor account only
@ Roshan M- Pls advice If there are any monthly or yearly chargers in HDFC Bank for minor. Also is internet banking with full transaction option is provided to you by which we can apply in ASBA online from our end?
@FARHAN so u mean that u opened hdfc minor account recently but asba or upi both ways not working to apply for IPO? It may be the case that for existing old customers its Working but for not new account. So any suggestions which bank to try next?
@FARHAN@Roshan M@Dhruv Unadkat@MVS Today i went to HDFC and ICICI bank but i was told at both bank that minor bank account will not be able to apply to ipo via ASBA. My son has already account with BOB but its bot working for bob also. Any advice ?
Not sure about monthly charges for minor account, mine is zero balanced family salary account. Ask them to open minor hdfc bank account then add minor pan card to that account. ASBA should work. UPI won't work for minor.
START: TO APPLY OR NOT TO APPLY, SELL IN GREY MARKET ? In between... Read comments on CG. AT THE END : ALLOTMENT MIL JAYE TO ACHCHHA....😂😂 Then over to next ipo...and so on...
@KPCT Ye Akshay Kumar ka meme hai iska matlab hai ki jinko kuchh confidence nahi hai unko bhi confidence deke apply karva rahe ho aap fir allotment milna muskil ho jayega agar subscription badh gaya to..aise..😂😂
335.6. KPCT| Link| Bookmark|
July 28, 2023 3:48:45 PM
Top Contributor (600+ Posts, 200+ Likes)
Ohh I C...actually, I'm not much in film, crecket etc..... Thts why didn't understand......well....yaha se kafi kuchh shikhbe ko bhi milta hai ....to socha confusion walo ko thodi hint de du.... Give and Take....wala.....BTW I am holding CFF which was bout at lc ....