Can go beyond that or ahead after listeing please advise ALL
245. arunARUN| Link| Bookmark|
August 20, 2021 5:21:23 PM
IPO Guru (1900+ Posts, 1600+ Likes)
There are some retail investor who think GMP should remain constant after they have applied. But they should think that GMP is supposed to reflect demand and supply and will keep on changing. IPO Gurus can not provide a GMP floor for their benefit
Subject - Listing of Equity Shares of Nuvoco Vistas Corporation Limited
Trading Members of the Exchange are hereby informed that effective from
Monday, August 23, 2021,
the equity shares of Nuvoco Vistas Corporation Limited shall be listed and admitted to dealings on the Exchange in the list of ''B '' Group of Securities.
Name of the company ------- Nuvoco Vistas Corporation Limited No. of Securities ----------------- 35,71,56,153 Equity Shares of Rs.10/- each fully paid up Scrip ID on BOLT System ---------------------------- NUVOCO Abbreviated Name on BOLT System ------------- NUVOCO Scrip Code --------------------------------- 543334 ISIN No. -------------------------------------- INE118D01016 Market Lot - -------------------------------- 1 Issue Price for the current Public issue --------------- Rs. 570/- per share (Face Value of Rs. 10/- and premium of Rs. 560/-)
To , Eagleye medam, Requested for latest GMP of IPO Going to list on 20 August 21 Cartrade Nuvoco I am your follower , so please present situation what is your opinion for sell or hold. With regards.
@Bullish GMP Se Aap Ek Tarah Se Experience Le Sakte Ho. Like Jese Abi Pharma & Chemical Ke IPOs, Jisme Bi GMP 30% Se Less Tha Vo Discount ya 5% Me List Hue. So atleast me Itna To Sure Ho gaya Ki next Time Agar GMP 30% Se Less ho Inn Pharma & Chemical ke Ipo Ka Then Don''t Apply. Bcz Its Simple! Koi Bi Person Over Price Nhi Dena Chahta Whetther Is Real Mkt Product Or Stock Market If Better Product Available in Same Price.
simple logic behind it will list on minimum 5-10% premium if you check FII investment is more than 4 times they will purchase all small quantity which is subscribe by retail investor on listing day.