Can anyone clarify if it is worth applying now or get it from the open market (at lower price) after listing because market might go for correction in the coming days, the issue size is so big and it''s a loss-making company! thanks
Investors be aware pricing of ZOMATO is on higher side. One of the reputed brokerage house advised retail investors to stay away..Apply your conviction not looking to GMP. Dil se nahi dimag se...
How many lots we have to apply minimum under HNI category ? i can spare 7-8 lakhs easily from my SBA for this IPO , can we apply as HNI through zerodha ? I also have kotak demat , please guide how to apply as HNI.
Retail is maximum 2 lakhs. Anything more you can apply under HNI category. . I don''t see HNI option in my Zerodha account. In ICICIDirect I do have HNI option.
SAME Problem with Kotak,only in HUF account. @Sarthak Deshmukh - Check again he is saying from HUF Account ...If possible plz share screen shot/message/mail/other proof of HUF ONLINE ASBA from KOTAK
30.1. P Patel| Link| Bookmark|
July 8, 2021 11:20:12 AM
IPO Mentor (900+ Posts, 900+ Likes)
I am applying for my HUF account from Kotak bank online ASBA. Never get problem. Initially I need to visit bank branch and fill form to register HUF demat account to HUF bank account. After that I am able to apply without any problem.
100% Agree. But the problem is that ALMOST ALL employees/BM/DBM/BRM/RM are intelligent enough to understand the concern. I myself filled the same form(Third Party DP) and called upon Privy League RM ...But to utmost surprise and frustration after 1 week,the reply from INTELLIGENT RM was ---That backoffice people are saying they have no such option...
Big IPO, Retail Size 937 Cr The loss-making company, we need experts advice before even thinking to apply, I request below respected GURUs please advise to forum people here, your opinion will help us to earn or save money EE Mam, Aniket Sir, Rajakumar Sir, PSR Sir, please advise. Thank you
26. sree vas| Link| Bookmark|
July 8, 2021 11:39:39 AM
Top Contributor (500+ Posts, 100+ Likes)
Zomato issue is planned intelligently, the time issue starts people will get refunds from clean & grill, since big issue they have come earlier
Zomato will list with gmp 22-25 minimum i m going to apply kindly chek company financial befor apply don''t go with suggestion remember burger king also a loss making company at a time of ipo. big ipo may behave like "elephant can dance" means too slow stock movement.
There are 65 lakhs shares reserved for employees. Those who own a two wheeler join the Zomato Delivery team for couple of weeks and apply under employee category. Once you get the shares leave the company.
I will boycott this ipo as it''s promoters are Chinese as well as it destroys restaurant business with predatory pricing. Individual choice but at least retail portion should not be subscribed to make a point.