Simple Theory...... Retail individuals with low capital at hand will exit immediately or on same day to acquire money for upcoming 2-3 IPOs. So prices will go down but chances of UC is also there as the financials are good.
if IPL list at 300+ price then other peer companies with low PE should have advantage. specially Meghmani Organic ... which will relist after demerger very soon...
It’s a very good company to invest from long term perspective Company is the sole Indian producers of several Technicals, such as Folpet, Thiocarbamate, and Herbicide and they majorly export their Technicals to twenty plus countries in Australia, Asia, Europe, and Africa, company is aggressive in growth It’s a must buy in portfolio
Hope listing is good, but everyone should be ready in case of Discount listing. The valuations were high and all the other 4 IPOs are going in downtrend and even Index are in negative range bound. I have seen in past when there are multiple IPOs at least one of them opens in Discount . There are too many IPOs coming in the July as well, so i don''t think much inflow of money will be coming in this IPO . Investors should be ready for any outcome.
Ps: Its only my personal view please consult your financial advisor.
I have mailed Karvy yesterday night but didn''t receive any reply yet. I have tried calling their customer care also but no response. I had applied through Upstox with ICICI UPI.
Union bank net banking asba ki service kesi he aur kya kisi ko isame apply karke allotment huyi he please reply me ab tak upi id se ipo apply karta raha hu lekin allotment nahi aa rahi he aur 2 din pehle se hi paise unblock ho jate he thanks