Zomato subscription from retail investors looks good. But I believe this stock will trade around 40 in a week without giving any opportunity for retail investors to exit in time! I would be wary of this stock every single minute post-listing.
"The Equity Shares offered through this Red Herring Prospectus are proposed to be listed on BSE and NSE. Our Company has received an ‘in-principle’ approval from BSE and NSE for the listing of the Equity Shares pursuant to letters dated May 10, 2021 and May 19, 2021, respectively. For the purposes of the Offer, the Designated Stock Exchange shall be BSE"
This is my personal view and strategy. Since last few month I order food from both zomato as well as swiggy. My avg order size is abv Rs 200 (5-6order/month) Now whenever I''ll plan to order food from zomato I''ll skip zomato app. and for same amount I''ll buy zomato shares. If company makes profit in future then I''ll make money or else I''ll take it as I have eaten food 🤣 Calculated Risk.
I am new to this board. Please help me with this information - I have my demat account on Groww. If I apply for an IPO using my Axis Bank ASBA and if I get the allotment, then where will I get my shares? Groww or Axis?
While applying through axis bank ASBA, You have to input your demat account no. and depository (CDSL or NSDL). If you get allotment, definitely shares will be credited to your disclosed demat account. applying through ASBA is quite simple, secure and cheaper. one more advantage of ASBS is that applying account is not required to be linked to DP.
348.2. P Patel| Link| Bookmark|
July 14, 2021 8:00:15 PM
IPO Mentor (900+ Posts, 900+ Likes)
Dibyayan Chakravorty - To apply from Axis ban ASBA, you need to register your Demat account with Axis bank which is of Groww. So when you apply from Axis ASBA, allotted shares will be credited to your Groww demat account and you can directly sale from Groww trading account.
Can we modify our bid. Suppose I have opted for 3 lots and I want to change it to 1 lot or vice versa in ASBA entry. Is it possible or my application will be rejected? Bank is giving option to modify. Experts comments will be highly appreciated.
Thank you guys for your replies..I had applied for 1 lot on 1st day of bid and later on 3rd day I withdrew 1 lot and reapplied for 2 lots where I got 1/2 lot. Lucky me.
347.4. P Patel| Link| Bookmark|
July 22, 2021 4:09:48 PM
IPO Mentor (900+ Posts, 900+ Likes)
Mishra ji - Enjoy the allotment today and handsome listing tomorrow....
S Chand only lost value since listing and trading at 75% down approx. and Angel has flourished 288% despite discount listing. So in case of angel those who become greedy among the fear are reaping the reward.
Which formulae should we apply to decide if to attempt or not? I guess if QIB are not recommending but the general public is interested so it can see good listing. At least 90/- listing I expect.
यहाँ बहुत सारे सदस्य ऐसे हैं जो पिछले कई दिनों से दूसरे लोगों को इस IPO मे पैसा लगाने से रोकने के लिए यहाँ negativity फैला रहे थे ... पहले ही दिन रिटेल मे 2.5 गुना subscription इन सब फर्जी लोगों के मुंह पर एक तमाचा है .... ऐसे लोगों को इस ग्रुप से बाहर करना चाहिए .....
@ secret goabarstar Sabse pahle to tu chlata ban yaha se .. Yeh forum sabke apne apne views ke liye hai chahe wo negative ho ya positive .tu yeh decide karne wala hota kon hai sabko farji bolne wala . Sabse bada farji to tu khud hai jo apna naam to sahi likh nahi sakta yaha par .
When Clear sciences and GR infra lien amount not released this ipo is nearly fully subscribed....wonder wht wud b final subscription figure. Retail portion cant b subscribed so early....this is a trap....b aware.
338.1. arunARUN| Link| Bookmark|
July 14, 2021 5:49:38 PM
IPO Guru (1900+ Posts, 1600+ Likes)
Retail portion is only 10% since zomato is loss making company...so the number of applications are so less that it should have got subscribed by 5X already...only because money is blocked in other ipos everyone is waiting for unblock to apply in this...