i have a feeling after listing this stock will reach at Ultra tech cement level or may be Maruti in near term.
because these days all IPOs are working great even if its a looser company however Dixon is very good company and highly over subscribed so lets assume listing price 2000 like other small IPO if 20% circuit laga for 5 days then it will reach 4976.7 in just 5 days.If 5% limit hui then 2600( highly unlikely because listing will definitely near by 2400 ) fingers crossed for allotment and listing both
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September 11, 2017 4:33:30 PM
Top Contributor (200+ Posts, 100+ Likes)
Yes you are right. GMP means Grey market premium. Koshtak means an investor can get some lumpsum amount for application made in IPO.Then there''s no right of Profit/loss in alotted share
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September 10, 2017 8:20:24 PM
IPO Guru (2300+ Posts, 3600+ Likes)
No change. In fact some HNIs who subscribed heavily in Dixon will roll over their borrowed money friday to friday for Capacit''e also.This Friday we may see again HNIs subscription in 100s.
Company is going to give preference to ICICI Bank share holders and keep reserve some portion i.e 300 crore. Last time in ICICI Prudential same thing was there. But in Prudential reserved part subscribed 12 times and retail less than 2 times. So if you are existing shareholder of ICICI Bank and want to apply in reserved quota then please see the subscription first. It may be possible reserved quota allotment is tough than retail one because of oversubscription by existing shareholders.