experts, how did you find GM dealers! I asked many people in my circle, but no one knows. is there a local term for them? I know you cannot share their info online but please give some guidance to find trustworthy dealer and identify a scammer
Some questions about GM dealings. please share your expert advice and experience:
1. Kostak & S2S are given for retail applications. so for hni we have to multiply with 2(sme) or 14(main), correct?
2. is there a thumb rule when to sell Kostak and when S2S?
3. If I apply with 5 accounts, can I sell all 5 appl. bundled in return for money equivalent to 2 S2S + 3 Kostak (not individually mentioning kostak/s2s)?
@AJ 1Suppose we sold at 40 sub to and currently it's 30 to can we sq off this and don't apply application later?
2 What if we sell in sub to and kostak and we can't apply that application or any reason application get rejected? Can we tell gray dealer that it's rejected so deal also rejected or not 3 Can gray broker also deny to pay or tell "that I didn't got from the seller so I cant give the profit/loss" And trusted broker also can default like this incase something wrong happens?
I face the same problem in IDBI Bank Minor Account. That time I thought it was happening cause it was a minor account but after listening to your case I understand that it is the problem with IDBI account. Is anyone using IDBI bank for HNI application? Your views will be solicited.
@Tejas Pandya , rates are around the same as @Nilaykumar mentioned. Waise isme open jaane me thoda risk hai as majority of the applicants are applying for listing gains only. Which is definitely going to result in extreme selling pressure on listing.
@Tejas Pandya , yes QIB's have arrived now. Still I don't have full confidence in going open. There have been instances in the past where even the 50x QIB have listed in discount (Recent example - Uniparts)
@Tejas Pandya , applied 9 bHNI and 2 lakh ka maal Grey me thok diya @72 (assuming 1 allotment to milna chahiye). If more than one application allotted to wo open reh jaayega. How about you ? FF bHNI ?
@Tejas Pandya , not one application. Assuming ki 1 allotment mil jaayega, I sold equivalent 700 shares at 72 (approx. 2 lakh) in grey. Agar ek se jyada aaya to wo open rahega.
229.18. Smile✍️| Link| Bookmark|
July 28, 2023 6:55:58 PM
IPO Guru (1800+ Posts, 1100+ Likes)
@GrayIsTheNewBlack From current subscription figures it seems that major genuine retailers shifted to sHNI, nothing bad "1 mila to 14 ipo ka Kam tamam" And RII increases only when HNIs made multiple entries by using additional accounts
@Smile✍️ Iska ulta bhi ho sakta hai 1 ulta pada to 28 ipo ka kam tamam..
228. Finexpert| Link| Bookmark|
July 27, 2023 8:39:19 PM
Top Contributor (400+ Posts, 200+ Likes)
Can any senior members please guide that if I buy a stock a day before ex dividend (record date) and sell in preopen of record date. Will i get the dividend or not? T+1 cycle
Yes you will get dividend if you sell on the record date. But stock price mostly open less the dividend amount on record date so it's not worthy to buy only for dividend.
228.3. Finexpert| Link| Bookmark|
July 28, 2023 12:29:37 AM
Top Contributor (400+ Posts, 200+ Likes)
Yatharth Hospital and Trauma Care Services Limited IPO
क्या सदियो से Allotment नहीं मिलने का Trauma दूर कर सकता है ये?
227.1. Mr. Agrawal| Link| Bookmark|
July 28, 2023 12:29:16 AM
Top Contributor (500+ Posts, 100+ Likes)
Naya trauma de bhi sakta hai ki maal Mila lekin khariddar nhi.. flat listing bhi chalegi bs negative na ho !
226. Finexpert| Link| Bookmark|
July 28, 2023 12:28:36 AM
Top Contributor (400+ Posts, 200+ Likes)
One thing for sure in this ipo that chances of opening in discount is almost nil as there were pre ipo placement at 300 rs so it will be very hard to break the levels of 300 rs . If the 300 rs level will break then buying will come for sure. My suggestions is to apply for 15 to 25 percent listing gains only. Thanks
I am relatively new to IPOs. I have 7 accounts(Family members) and funds to apply for 7 retail lots regularly.
Where should I park this fund to apply for IPOs? I'm keeping them in savings account currently. It is alright now since many IPOs are opening. It is not proving to be ideal when less IPOs are coming on market.
Please share your insights.. Thanks
220. ManishDwiv| Link| Bookmark|
July 27, 2023 10:19:06 PM
Top Contributor (600+ Posts, 200+ Likes)
Applying FF here.. Comparatively it will be a easy allotment than Shri techtex..Most funds will get diverted there..It shud list with 20-25% gains.
Eagleye was very active during Lic ipo and aggressively sharing info but look lic share condition now so never depend on any expert always use common sense and basic logic