197.1. MAMU| Link| Bookmark|
September 21, 2023 7:56:33 PM
IPO Guru (2000+ Posts, 1200+ Likes)
Yes, selling pressure will be there Premium is still downside. Big size according to subscription. I too alloted here. Will sell few in PREOPEN rest few will looking movement and volume. If not digest then 0-0.
197.2. ValueSeeker| Link| Bookmark|
September 21, 2023 8:06:22 PM
IPO Guru (1500+ Posts, 600+ Likes)
Medium size issue, and Retail+HNI have only about 25% shares of issued shares (worth around 140 Cr). If institutional interest is there, this much supply can be taken care of.
197.3. Abhii VPG| Link| Bookmark|
September 22, 2023 10:50:12 AM
IPO Mentor (1000+ Posts, 300+ Likes)
Credit where due, KFin not only released the allotment in first half of T+2 day, but also the funds got released in time to be used for IPOs ending today n tomorrow.
Jab bhar bhar ke gaali dete hain, to appreciation bhi banta hai when deserved.
@ValueSeeker , funds unblocked ? Mine is still blocked in Bank of Baroda.
196.2. ValueSeeker| Link| Bookmark|
September 21, 2023 2:56:19 PM
IPO Guru (1500+ Posts, 600+ Likes)
Yes, @GrayIsTheNewBlack Kotak ASBA funds for unblocked almost instantly on allotment. Recd following msg from the bank at 10:15am: Dear Customer, post the partial allotment by RTA, the balance amount of Rs. 7,97,040 of your ASBA application no. MB0000000??????? for ZAGGLE PREPAID OCEAN SERVICES LIMITED has been unblocked on 21-SEP-23, and your funds are now available for use. - Kotak Bank
196.3. Krishna T| Link| Bookmark|
September 21, 2023 7:55:21 PM
IPO Guru (1600+ Posts, 900+ Likes)
As per email received from Kfin, listing date is tomorrow. Hope for good listing. Alloted 1/3.
193.1. ValueSeeker| Link| Bookmark|
September 21, 2023 7:14:30 PM
IPO Guru (1500+ Posts, 600+ Likes)
@Sunnyboy@Unclesam@Palka@Jai jai garvi gujarat jamnagar@Abby and other allottees. Listing is in your hands as much as anybody else. Don't put a sell order in pre-open unless absolutely necessary, and watch it attain its potential either on listing day itself or within next week. Disclosure: I reiterate that I will start selling only around 200, whenever it happens. If it lists negative, I might add.
Sold 90% of my allotment in 200-234 in bits. Might hold the balance indefinitely, removed it from watchlist. Same lesson once again, patience in quality pays.
@newgen consultancy Sir what could be expected range of listing? Also, want to know if minor will be able to apply ipo post 1st Dec, as those are considered 3rd party applications