Singh Saab very good question but the thing as I have been allotted METRO wanted to plan for that…BATA is the best….I did not think for applying in METRO but after seeing QIB figures tried my luck…also I don’t have bata in my portfolio…what would you do if You are in my position
117.4. PSR| Link| Bookmark|
December 18, 2021 4:17:36 AM
IPO Guru (1200+ Posts, 700+ Likes)
Mr. Rafid
Difficult to predict what will happen in future. However, I have been told that this company is doing reasonably well, but valuations are on higher side as in the case of entire market.
Initially, I too decided to skip, but after reasonable subscription from QIBs, I submitted single application for 2 lots, and I got 2 lots.
I am not going to book loss and in case it lists in discount (where the chances are high), I will add to my Investment portfolio, since I strongly believe that this company is not going to vanish, not a bad company and that the company is dealing in one of the essentials.
What makes RJ rich... All his companies leaves no room for new traders so u buy the share as trader and end up becoming long term investor
104.1. arunARUN| Link| Bookmark|
December 15, 2021 9:16:21 PM
IPO Guru (1900+ Posts, 1600+ Likes)
If price is low then RJ''s portfolio would have ten thousand times shares of the this board. So he suffers ten thousand times and with IPO shares becomes locked in for 6 months
I have applied through UPI pl guide me how to ok UPI mandate
102. GJ 😀| Link| Bookmark|
December 15, 2021 10:55:05 AM
IPO Mentor (1600+ Posts, 400+ Likes)
Applied via 6 retails account using UPI. Finally accepted only 1 Not so much good subscription numbers and also due to lack of funds
101. jajo| Link| Bookmark|
December 14, 2021 9:50:45 PM
Top Contributor (300+ Posts, 200+ Likes)
After seeing decent QIB/MF subscription figures, at the last moment NIIs also took courage to apply making it 3 times. Still far better than Star Health response. On listing day Market will determine weather the higher premium was justified or it is just like another Star!