Who offers only Rs. 27 lakhs worth shares to QIB?? There are many members in this forum who apply 10 times or even more of this amount to get just one lot. For me, this part is always suspicious. Why offer only 2-3% to QIB?? to show QIB subscription multiple times?
@KarmaTheLord One should not blindly rely on GMP. As for you question is for GMP performance. I have one example. Udayshivkumar infra IPO came last year, it's GMP after closing was around +51%, and finally it got listed with -14%. Means drop of 65% as per GMP.
20.2. KarmaTheLord| Link| Bookmark|
January 21, 2024 5:12:49 PM
Top Contributor (200+ Posts, 100+ Likes)
I was very happy when I got the Shni in Udayshivkumar infra ipo.. Because before listing gmo was going on around 50 ℅ of issue price that was 35 Rs.. But it was a very horrible experience when share listed around @31... Since in the Shni catagory around 6000 shares were allotted.. So I exited from this share in between 30-31 price range.. & have incurred a loss of around 25000 .. @KarmaTheLord as you were curious to know about the Negative listing of any share which was commending a good premium before listing .. So I have shared my experience... Ya aap isse aap beeti bhi bole sakte ho...
20.4. KarmaTheLord| Link| Bookmark|
January 21, 2024 8:44:17 PM
Top Contributor (200+ Posts, 100+ Likes)
20.5. Not Smart| Link| Bookmark|
January 22, 2024 11:31:37 AM
Top Contributor (300+ Posts, 200+ Likes)
@KarmaTheLord Contrary to this I share my experience , I applied for Zeal Global SME in Aug.23 when the the GMP was Rs.10/. The GMP became zero after the closing and I was praying not to get allotment. I got allotment for all the two applications I applied and I was prepared to sacrifice Rs.12000-20000. Surprisingly the listing was good and I booked a profit of Rs.1,10,000/ by selling in the first half an hour. It went up further later in the first day itself
@Admin @ Chittorgarh.com Thanks for blocking the idiot. His arrogance is unacceptable. As if he is the master in the market he uploaded the screen shot of his portfolio and asking the other members about their investments.
Once he gets full wipe off from one stock, he will be quietly leave the market. Forum is to help others and post their inputs, not to act like a king. I do very senior members are politely answering and accepting the other people comments, even if it is right or wrong.
16. Not Smart| Link| Bookmark|
January 20, 2024 6:59:46 PM
Top Contributor (300+ Posts, 200+ Likes)
I sincerely appreciate the Admin for observing and taking approprite action against certain participents who behave arrogantly and posts disrespectful posts. Keep it up.
16.1. KarmaTheLord| Link| Bookmark|
January 20, 2024 7:29:14 PM
Top Contributor (200+ Posts, 100+ Likes)
@Not Smart I appreciated @Admin @ Chittorgarh.com for the action against the arrogant person. But they disabled my message. Great job admin.
Check linkedin profiles of employees and decide. One person is doing an internship after 10th class, 4-5 people have marked open to work publically. Skillset of most engineers is frontend technologies. I don't think they are doing significant work on IoT, Artificial Intelligence, and Machine Learning, these are the buzzwords. I won't apply.
You can check the co. profile at https://www.euphoriainfotech.com/about-us Nobody noteworthy, or having noteworthy education/experience in mentioned technologies.
This companies financials looks very weak. IPO GMP will evaporate at the time of listing. Be prepared for negative listing. Its a Kolkata based company so beware