3/3 Retail in FedBank whereas 0/3 in retail and 0/1 in bHNI for Gandhar...Jo chahiye woh milta nhi and jo milta hai woh shayad jyada chahte nhi....Looks like loss in FedBank will take away whatever gain I had today in IREDA....
I am not allotted too...don't know to feel good or bad!
205.4. Basuvr| Link| Bookmark|
November 29, 2023 11:26:12 AM
IPO Guru (1700+ Posts, 800+ Likes)
@Amit Thakur@kishenharendra Sir you are very lucky for not being alloted in Febbank. If you want Fedbank in your account you can buy after listing at lower price. But I would suggest to stay away until it stables around 90-95 and decide 🙏
205.5. PeterEngland| Link| Bookmark|
November 29, 2023 11:41:20 AM
Top Contributor (200+ Posts, 100+ Likes)
@Basuvr that's not the point here, if someone is not getting allotment in the issue like FedFina, it's really terrible luck, what hope they've in other highly subscribed issues.
205.6. P Patel| Link| Bookmark|
November 29, 2023 12:33:39 PM
IPO Mentor (900+ Posts, 900+ Likes)
Jo hota hai woh acche ke liye hota hai...
Don't ask kiske acche ke liye 😊
205.7. Basuvr| Link| Bookmark|
November 29, 2023 12:47:30 PM
IPO Guru (1700+ Posts, 800+ Likes)
@PeterEngland Sir I can understand, I have also gone through this. But let's take it in positive way and try next time.
Even I got nill allotment in Fedbank, Gandhar and Rocking from 2 accounts.
LUCKY TO GET 4 OUT OF 6 IN RETAIL. AWAITING GREAT LISTING AND GREAT PROFIT WITHIN 3 MONTHS POST LISTING. IT WILL GIVE VERY GOOD RETRUN IF WE HOLDOFR ONE YEAR OR MORE.
It's Parent Fedbank is valued at 36,000 crores with around 4200 crore net profit. How can it expect 5200 crore valuation at mere 200 crore profit? Isn't it too much to expect ? Somewhere IPO valuations seems to have went wrong, they should have priced it around 110.
The GMP of Fedbank Fin. has been totally wiped out after a dull interest from investors. When the price band of the issue announced there was some premium. Expecting a flat or negative listing and prepared to be shot term loss. I think to book profit if lists in positive. At present no need to think for buying on listing day. My views only.
191.1. Agrawal S| Link| Bookmark|
November 28, 2023 11:12:24 PM
Top Contributor (700+ Posts, 200+ Likes)
Thanks a lot for the insights sir. Whats according to you might be a good buying level?
Mark My word it will give u 15% Atlest Profit on the Listing Day , Those who have not applied will regart it , So who applied Don tens just seat back and watch the time line..when the listind day u all will feel happy after listing
Sorry man....but discount listing is possible here. The sector is under some short term pressure. It will give gains but may take longer than the listing day....
@CA. Mumbai Manoj Vaibhav had worse QIB numbers.It did list flat but moved up 70% after that.I am sitting on 55% profit myself. To think that QIBs know everything is naive. As long as the fundamentals of the company are okay, it should be fine in the long term in my opinion. Yes, the listing might be at a discount or just positive but should give 10-15% returns in 4-5 months.