Refund and crediting shares in Demat is not a big deal. It will be taken care. There are instances in past where IPOs were listed a day earlier. It can be confirmed if Zomato allotment details are out in the morning or by afternoon tomorrow.
R u sure ? From which source u get this information??
673.13. lokes| Link| Bookmark|
July 21, 2021 11:55:00 PM
IPO Guru (4400+ Posts, 5100+ Likes)
i was already thinking it will list on monday 26th july to compensate one day holiday and some companies also advances their listing by 1 day in past...but i dont think it can list on friday
672. P Patel| Link| Bookmark|
July 21, 2021 11:13:05 PM
IPO Mentor (900+ Posts, 900+ Likes)
Zomato is expected to advance its listing date from July 27 to July 26 or as early as July 23, two people familiar with the matter told ET, in what is among the largest public issues in India.
Fingers crossed if Zomato list on Monday--https://www.google.com/amp/s/m.economictimes.com/tech/startups/zomato-likely-to-list-on-friday-at-rs-76-per-share/amp_articleshow/84616973.cms
Zomato is expected to advance its listing date from July 27 to July 26 or as early as July 23, however, there are multiple processes which are yet to be closed, said a person in the know. Zomato’s earlier date for listing was July 27.
656. arunARUN| Link| Bookmark|
July 21, 2021 8:43:14 AM
IPO Guru (1900+ Posts, 1600+ Likes)
In India there is limited pool of IPO applicants. Both Tatava (500 crore ipo with 35% retail bucket) and Zomato with 9250 crore ipo and 10% retail bucket drew similar number of applications. For unknown name like Tatava they seems to have done well. May be it is more due to right pricing as Zomato had more fancy but higher perception of risk
656.1. sdz| Link| Bookmark|
July 21, 2021 12:49:05 PM
IPO Guru (1000+ Posts, 500+ Likes)
@Arun...Any idea how many active Demat accounts with unique PAN are in India?
656.2. arunARUN| Link| Bookmark|
July 21, 2021 2:40:39 PM
IPO Guru (1900+ Posts, 1600+ Likes)
as per nse data 1.9 crore unique pan number traded atleast once in last 12 month. Add 5% unique for BSE then we are talking around 2 crore active traded account If you mean active by way of non zero demat my estimate is around 4.5 crore
656.3. sdz| Link| Bookmark|
July 21, 2021 4:23:50 PM
IPO Guru (1000+ Posts, 500+ Likes)
Oh ok so 2cr unique PAN num applications can apply for an IPO if they all want to
@Sdz Many my friends do daily trading but they don''t apply in IPO, Reasons Why to block money for 3-5k in general gain for around 10 days, if they could easily earn 2-3k daily from intraday. Even with blocking money in IPO there is no firm allotment.
Few friends only apply in IPO when allotment chance is good. Like if issue size is more than 5k cr then they apply.
In LIC IPO we can see 50-75 lacs of unique applications if issue price is attractive. Paytm could touch 40 lacs mark. Possibility depends on issue price and how much they left on table.