@Kapil Mehra, i bought between 19-15 around 30 lots (my avg price is now19). the downward risk is low compare to chances of going up. Once operator has enough, this may go past 20, in my opinion only.
it can be bought, but beaten stock won't go up much. Max up side i am expecting is 20% from its low in short run. Low expecting 15.5 to 16 around tomorrow.
@Avenue, @ AAA JAI, Contrast for trying when the odds are against. The LM has great success is recent IPOβs (kore and Viviana), hope this will list positive and give 10% return in few days
@mravi @avenue After dismal listing, what's your take on this? Your viewpoint on KANDARP will be of great help- as I haven't been in such a fix before! Thanks in adv.
@AAA JAI There is no clear rules in SME as you may be aware. Any thing can go either way at any time (not telling that this will go up) I bought 40,000 shares at preopen thinking buying at 23 seeing the equilibrium price but it was actually at 30. I donβt regret it any way as this is a gamble, few pay off, few back fires. I am holding but would advise you take your own call as per your risk and cash need.
@ipogyaan- Thanks. will take this route when i am content to exit!
@mravi- agree, SME game is altogther a different ball game. A good listing is like a win. And Nothing succeeds like success. Kandarp will be a new coach in my squad. Planning to Hold for 1-2 quarter. Thanks for your view!
33.4. Trueinfo| Link| Bookmark|
September 21, 2022 11:57:07 AM
IPO Guru (1800+ Posts, 1700+ Likes)
@ MRavi, full allotment. It may surprise also. All the Best.
32. Arca| Link| Bookmark|
September 20, 2022 1:00:15 PM
IPO Guru (1000+ Posts, 500+ Likes)
@svh i have doubt regarding Bajaj ipo.finance do they fund for sme IPOs? and do they fund 1 crore for 5 demat accounts.or should i open 5 accounts to get funds for each demat account. Is their any margin requirement?
@Arca, Bajaj IPO finance page says that minimum funding is 10 crore(I think this might have changed due to recent Sebi rules). If you get more info, please let me know as I am also looking for options.
32.2. Arca| Link| Bookmark|
September 20, 2022 2:13:36 PM
IPO Guru (1000+ Posts, 500+ Likes)
@naveenm minimum 10 crores is wrong because few days back svh told about Bajaj ipo financing where they give upto 1 crore(as per sebi rule).all i wanted to know was margin funds , whether to apply 5 bhni we need 5 Bajaj loans or just one is enough and whether loan is applicable for sme ipo
32.3. svh| Link| Bookmark|
September 20, 2022 2:29:09 PM
IPO Guru (2400+ Posts, 3600+ Likes)
Dear friends , bajaj and kotak are not providing loans for SME & T group IPOs. They are offering loans for B group IPOs. Kotak limit is 10 lakhs and bajaj upto 1 cr. Thanks
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32.4. Arca| Link| Bookmark|
September 20, 2022 3:51:03 PM
IPO Guru (1000+ Posts, 500+ Likes)
Thanks@svh
How much margin is required and Do i need to open 5 loans for applying 5bhni or 1 loan account enough
32.5. svh| Link| Bookmark|
September 20, 2022 4:18:37 PM
IPO Guru (2400+ Posts, 3600+ Likes)
In kotak 50% margin and in bajaj it differs from ipo to ipo. In good IPOs less margin is required. For 5 bhni , 5 loan accounts needed. Sharing from one loan account is not allowed.
In my broker's office , some clients were taking loan during old rules. Now they can manage their own funds due to 10 lakhs upper cap. They have opened account in zerodha and upstox.
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31. Bhav| Link| Bookmark|
September 20, 2022 3:50:13 PM
Top Contributor (400+ Posts, 100+ Likes)