The rising number of covid cases, especially in Mumbai is dampening the Sensex......It is slightly in bear grip. I hope this does not drastically impact the upcoming IPOs...Probably will have to hold longer after listing if that is indeed the case
Nazara GMP Today : ( The response is not upto the mark. Compared to expectations of NII oversubscription of 600+, actual oversubscription is just 389.89 times, with the effect, Grey market premium has crashed to Rs. 700-730. May be it will adversely impact listing expectaions) On 19 March 2021 @ 5.00 pm Grey Market Premium Rs.700-730
can''t RESIST!!! NAZARA done. have never applied at the last minute. yes, there''s some problem with the Zerodha server, but received the mandate and approved it. all done within 10 minutes. application is done on a laptop, hope it the same via the mobile app too.
ppl were expecting 15000 to become 30000 bhai... so they can''t digest 20-30% return. lol
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March 19, 2021 11:00:18 AM
Top Contributor (300+ Posts, 100+ Likes)
On valuation front strict no, Fundamentally Big No. But if you the elite investors like RJ and very small equity against huge demand created by media and big houses, no doubt it will list on premium. It is emerging business, discounted huge positives of future in todays price. Considering tiny equity against demand of retail & QIB, BIG YES for listing gains.