We all ipo applicants should create a group and share our pain. This is a different phase of life when we get excited every alternate day while applying for an ipo and then feel heartbroken after the results.
दिल के अरमान आंसुओं में बह गए हम दस - दस अप्लाई करके भी अनब्लॉक हो के रह गए
18.4. KarmaTheLord| Link| Bookmark|
February 1, 2024 12:31:37 AM
Top Contributor (200+ Posts, 100+ Likes)
@IPOAK As we know operators controlling the stock price in secondary market, a big group controls the primary market as well, especially sme IPOs. No one can deny this. One thing is sure that it's waste of applying SME IPOs. Never going to get allotment. Some are faking in the forum that they have received the allotment. That makes more people to rush into applying especially SME IPOs. The big operators may have their people in this forum.
@Jai mahakaal In fixed price issue, if HNI < retail, then subscriptions will be averaged. eg. if HNI is 50x and Retail is 100x, both allotments will happen at 75x. If HNI > retail, then it will be as per subscription.