Listing gains - will depend on subscriptions. As far as investment point of view is concerned - it will take humongous time to reach to mainboard, if it had to reach. To cross that 10 lakh paid up capital, it has to give many a times bonus share and likely split of share. Liquidity crunch likely to be there during its journey......
They have factored in listing gains of cargosol and cargotrans.
6.2. ipo share| Link| Bookmark|
October 29, 2022 8:22:32 AM
IPO Guru (1500+ Posts, 700+ Likes)
Very small size IPO.
5. svh| Link| Bookmark|
October 28, 2022 9:17:03 PM
IPO Guru (2300+ Posts, 3600+ Likes)
Sabko ek hi Mahurat mila hai. Grahan laga diya.
🙏👍
5.1. aRYANrAJ| Link| Bookmark|
October 29, 2022 12:58:38 AM
Top Contributor (600+ Posts, 100+ Likes)
@svh have limited cash around 4.5-5 lacs. What should be preference? Right now I plan to invest 2 applications in Vital, 4 in DCX Retail and 4 in Bikaji. Anywhere else you see fruitful opportunity to try?
5.2. svh| Link| Bookmark|
October 29, 2022 7:30:35 AM
IPO Guru (2300+ Posts, 3600+ Likes)
Issue size of only 4.37 cr. But the lot size very big. They could have made it 1400. So available lot size for investors is very less. Not very good Issue. Looking amount and lot size, it is going to subscribe good. But looking into the Festival of IPOs, difficult to say subscription figures. Other better issues are also there. Members having unlimited funds, the can take any decision.