After flat listing @ Rs.72/- , Now No one is seller at 5% UC @ Rs.75/60 at present, it means panic sales is over. All allottee hold their allotment for a reasonable profit
If you haven't got allotment then it's better to STAY AWAY... Sooner or later it will be available near issue price like Southwest, Softtech etc..Those who have got allotment can sell and buy later... Just sharing my opinion...
As expected, flat listing... In 1-2 days its charm will fed away and it will be available at issue price like Softtech, one point...
138. Sinewave| Link| Bookmark|
May 24, 2018 10:53:52 AM
IPO Mentor (600+ Posts, 300+ Likes)
23. RAJAKUMAR May 15, 2018 12:25:30 PM IST I Like It. | Report Abuse Top Contributor Top Contributor (300+ Posts, 200+ Likes)
According to drhp qib 50% HNI 15% Retai 35%. Qib portion 16 Lakh shares already allotted to two anchor investor. Total issue is 56.6 lakh shares minus 2.88 lakh for market maker. Remaining 53.72 lakh for ipo for which 35% for retail that comes 18.8 lakh . For hni 8 lakh shares only.
I had a similar experience in MMP industries listed poorly but gave almost 30-35% return in the following 5-7 days. I got allotment at 188 and sold it till 230 levels. I have 2 allotments in this and looking to sell around 85-90 range will wait for 3-5 days.
Bse Listing always risky. It surprises all. 72 is issue price. I bought one lot. Because i didnt get allotment. Good subscription and good LM even then it list at par is very surprising. Oh my god Sirca is Nse listing.