Idk whether GMPs will sustain until listing. With rising corona cases, market is unpredictable now. You never know which IPO might turn out to be next sbi cards. Also if we see Ease my trip debut, won''t be surprised if same happens to Nazara because anyways it''s PAT is -ve.
184.2. BubbleBoy| Link| Bookmark|
March 19, 2021 3:13:48 PM
Top Contributor (400+ Posts, 100+ Likes)
Batman bhai, I''m not justifying huge Gmp or something. But markets look into future prospects. It might or might now list like Emt but that''s the way The King, Market shows its true colors in the long run and we are its pawns. So 3-4 quarters down the lane, it''ll be much more clear. One thing of caution for long term investors is that the growth hasn''t been Organic and everything has been done via Mergers n Acquisition. Well, for a company to be successful, there has to be organic growth which is yet to be seen in Nazara. :)
what is true relation or definition of GMP when you look at todays EASEMYTRIP listing? There are many examples in past listing also like mazagaon gland
I am not able to apply this IPO from Zerodha. When I apply it says successful, but after few hours when I check then there is no application. Is anyone else also facing the same issue ?
This happened with me 3 times. Application just disappeared and no mandate received. Applied 4th time, now mandate received and accepted, reflecting on portal successfully. keep applying n check every 20 minutes.
Sorry Bhai I take my comment back... NII burra maan gaye... tripled in last 15 minutes.
181. Safe Bet| Link| Bookmark|
March 19, 2021 2:42:53 PM
Top Contributor (500+ Posts, 100+ Likes)
- What time does HNI subscription normally close 3 or 5 pm? - Any one has any idea of the current GMP?
181.1. BubbleBoy| Link| Bookmark|
March 19, 2021 2:48:49 PM
Top Contributor (400+ Posts, 100+ Likes)
Issue closes at 4pm for Qibs and NIIs. Gmp is in the range of 800-900. May as well reduce today due to corona fears and Emt dismal listing performance. Hope this helps! :)
HNIs have time till around 5 PM. 200 to 250X is still possible I think
180. Adv Sarin| Link| Bookmark|
March 19, 2021 11:28:17 AM
Top Contributor (200+ Posts, 100+ Likes)
EASY TRIP GOT LISTED. GMP till today Morning is still showing 130-140 means 187+130=317 but it got listed below 210/ so all these GMP shown by different websites are bluff. Maybe just a trap to get issues oversubscribed by 100''s of times. Nothing more. By that way, Can Nazara be another big trap. If any of you have any ideas please share.
180.1. abdixit| Link| Bookmark|
March 19, 2021 11:41:20 AM
Top Contributor (200+ Posts, 300+ Likes)
Share market is uncertain market. Market going down will definitely impact the listing price.
Also exactly one year ago same happened with SBI card because of COVID and lockdown. And now again same scenario is reemerging.
There are two reason for this 1) Market is correcting 2) The covid 2nd wave in India which again will effect tourism Industry which is why Easy Trip got tepid response when it got listed on market.
Whats happening with HNI subscription , some thing to do with NBFC Funding? or some bad news which we dont know. Market was expecting atleast 500 times for HNI
Its blessing in disguise for those who applied in HNIs by taking funding for 25CR or 50 CR. Break even price will come down and if Nazara lists at 2000 as per GMP, some one who applied for 50CR in HNI with funding, they will make profits in Lakhs. Even it Nazara lists at 1500/1600, they will get profit in Lakhs
People should retrospect about the comment they made on what i wrote about this IPO in Mar 08.
The person whom I have never met makes a comment that I have 0 knowledge. You all folks have to decide how seriously you to take comments of such people as their comments are without knowledge.
Our opinion should be objective and not subjective. I''''ll give example - If i show you red rose and ask for comments - Most of the people will say it is beautiful , it has good fragrance - This is subjective.
Then what is objective - Answer should This is rose flower & This is red in color. No one can dispute that.
So be objective don''''t comment on people and comment on subject that is about IPO. By the way I give FREE advice only to save you from loss and FEE advice to earn profits
This ipo with face value of Rs. 2 offering shares at Rs 187. WOW!!!
By the way for comparison purpose only , TATA Motors FV Rs 2 @ CMP Rs 330 having sales of nearly 2 lakh crores in a year.
Companies who offer this price are not at fault as they know they will find "bakaras" who will offer their sacrifice to such companies.
Samajhane wale ko ishara kafi hai!!!
137.1. Mr. NoviceIMar 8, 2021 10:56 @Simsa, you don''''''''t know the basics of stock market. Don''''''''t mislead people with your half knowledge. Total no. of shares of Tata Motors is around 330 Crores and Total no. of shares of Easy Trip is around 10 Crores. You can''''''''t compare directly price and face value of one company to another🤦🏻♂️. 137.2. Adv SarinI Mar 8, 2021 10:56 The public issue subscribed 4.68 times in the retail category, 0.00 times in QIB, and 0.02 times in the NII category by Mar 8, 2021 11:49. See the response. Bakras ready to get roasted. 137.3. PatelTradesI Mar 8, 2021 11:05 @Adv Sarin Pehle ye bhi jan lo mere bhai ki QIB and HNI IPO closing ke din hi BID lagate hai. Agar tumhe bakara nahi banna to mat bano par wrong info mat felao... 137.4. SimsaI Like It. |Report Abuse|Mar 8, 2021 15:37 I don''''''''t claim i am "SUPER knowledgeable" about stock market. But i refuse to follow "herd mentality". If the objective of the IPO is to achieve " Share listing benefits" , what can i say? I am a common man wants to use only common sense. That''''''''s it!!! I don''''''''t mind if every other person is smarter than me. Bless all...hope you get success in whatever you do. 137.5. PatelTradesI 16:06 @Simsa As you told you are not SUPER Knowledgeable then you should not use such words like "Bakra" while posting your views. It will scare new comers who only does apply ipo and sell on listing. There is nothing wrong with this IPO if you''''''''re looking for only listing gain. 137.6. Mr. SinghI Mar 8, 2021 16:51 @simsa forget being super knowledgeable...You have zero knowledge.
177.2. Mr. Singh| Link| Bookmark|
March 19, 2021 1:09:04 PM
IPO Mentor (600+ Posts, 400+ Likes)
@Simsa since you compared tata motors share price and face value with easytrip share price and face value. I still say you have zero knowledge. Its market cap that makes comparison of 2 stocks. And market cap also includes total outstanding shares as well along with share price.
Otherwise do you mean Nestle is costlier than SBI?
@Simsa Just find me single IPO allotee who says that i have made loss in this IPO. Still People earned 10%-25% in this IPO. I don''t think they were "Bakras". IPO got trouble just due to rising corona cases which is going to disrupt travel business.
If someone criticized you doesn''t mean you should get offended. You seriously need to learn more about stock market. You comparisons don''t even make any sense.
177.6. Adv Sarin| Link| Bookmark|
March 19, 2021 2:40:56 PM
Top Contributor (200+ Posts, 100+ Likes)
I think there is nothing you can explain to these people because you can''t reason with one with vested interests, or little knowledge, or the one who just invest in Share Market only by seeing the GMP. Because they are not concerned about the fundamentals of the Company. The only problem is some innocent new investors get trapped by reading rosy comments. But it''s always good to leave such people alone. Rest to all friends There is no one in the world who can predict Share Market with 100% accuracy. So nothing to criticize anyone. One of the top Indian expert advice SunPharma will cross 700 from 635/ by month end but it has gone to 580, so what to do? if it''s anyone''s mistake it''s of the one who invested & lost money.
Few years back, there was different method for allotting IPO. Securities used to be allotted on proportionate basis and not on lot basis. Means if Nazara securities is having a lot of 13 it would have been allotted like 2 shares to everybody by breaking the lots.
Any way, every method has pros and cons. It gets better every time, but there is element of suspicion when lots are allotted on lottery basis.
@Rajat it may be possible that SEBI blacklisted Your डीमैट अकाउंट due to your bad luck now apply in those IPO which have less than 100% subscription in retail category, second option SME IPO 🤦
Applying purely for listing gain. This should be a highly speculative investment bet since even the company wont be able to predict where it will be 10 years from now.
171. Safe Bet| Link| Bookmark|
March 19, 2021 1:54:39 PM
Top Contributor (500+ Posts, 100+ Likes)
From the HNI/NII subscriptions of Laxmi & nazara (till now) it seems IPO funding by NBFCs is surely dried up for one reason or the other currently. I think it is good in a way since the GMPs will be more realistic w.r.t. the listing prices for these issues. Lets see.....
IPO''a are meant to be Investement purposes. but after going through all these posts, i feel you people are using for trading. making the absolute investors go in loss.
you people are applying in full force for a so called online gaming company, but doesnot believe in a company with a proper physical product. which is so much worrying.
@ShyMak As per your second point, I should not buy TCS, Infosys, Tech mahindra, route Mobile and so many as they are not having any physical product. Thoda gyan dijiye guruji...
Both Brick & Mortar companies and Technology companies are equally important , L&T , Reliance looks attractive and so does Infosys , TCS , so technology companies that have intangible assets and assets in form of patents hence they have their own importance , i am not comparing nazara with Infosys but just trying to say that companies like Nazara have a product that''s intagible , there is no reason why one shouldn''t invest in companies like Nazara , Infy , TCS.
@rohan sharma, yes those (Infy, TCS,..) are development companies who provide software suppport & this one is a gaming platform, which i believe is not into development .. We cannot compare them each other.
Applied today for Nazara through Zerodha. Didn''t receive UPI pay request till now and application history also removed automatically. Same problem also faced with Laxmi Organic on closing day and I missed it.
Has any body also facing same problem? Learned Investors, please suggest what to do?
Yes its the problem with zerodha, I too lost for couple of IPO application. Application even wont allow to modify but we won''t get any support also from Zerodha instantly to fix that.
from now onwards started using the bank ASBA option instead of Zerodha. used it just because of able to apply from mobile and good usability, but when our main functionality of application itself not submitted by them is failed, better to look for the change.
This is an issue with Zerodha. It will allow to cancel your current application and apply for new only between 12 pm and 5 pm. Also what I do is I do this cancellation/new application 2-3 times until I get the mandate on my bank.
I am facing same issue since Anupam Rasayan , bids get automatically deleted by zeodha , have to apply 2-3 time to get mandate , pathetic system of zerodha is to blame.
Guys why are you continuing to apply using zerodha when in one IPO it has taught you a lesson? I see many newbies trying from zerodha. Use your bank ASBA, it''s hassle free & once you apply that''s done. Unlike UPI mode, in ASBA there''s no need to wait for mandate n all. Also funds get unblocked much earlier than UPI mode. FY,I I use AXIS ASBA. Just an advice, rest is upto you.
QIB HNI ACTION PICKING UP EXPECTING NAZARA TO BREAK ALL RECORDS
166. Adv Sarin| Link| Bookmark|
March 19, 2021 11:31:49 AM
Top Contributor (200+ Posts, 100+ Likes)
At moment KFIN is very cooperative, Efficient, and well equipped to take the load of large issues. Their allotment process is quite fair although all my retail applications during the last many months except IRFC have not got any allotment.
Kfintech doesn''t receive calls and even doesn''t reply to mails. LinkinTime has received my call and also replied to my mail. So investor support of LinkinTime is far better.