Avoiding this looking at market dropping hammer on small cap.
25. ipo share| Link| Bookmark|
March 13, 2024 12:40:48 PM
IPO Guru (1500+ Posts, 700+ Likes)
No other option but to avoid IPOs (after listing of Sona with big GMP & good LM and listing in discount). Bloodbath everywhere in the market (Regulators themselves are bent upon bringing down the IPO market sentiment).
24.1. Bullrunner| Link| Bookmark|
March 13, 2024 12:16:10 PM
Top Contributor (300+ Posts, 100+ Likes)
Never reach at o.
24.2. G profit| Link| Bookmark|
March 13, 2024 12:17:24 PM
IPO Mentor (1000+ Posts, 200+ Likes)
@GrayIsTheNewBlack Kindly donot create panic. There are many new members in this forum. Already many players BP is going up by 10 points for every 2% fall . 😂 😂
After this drastic fall in GMP, what is the short term view? Should we invest in Pratham and the other SME IPOs coming this week ? As retail investors, the first priority should be capital protection.
Just look at the sitiution, he can visit the CG website, can type his question but cant click on the GMP information.... but ready to apply for SME Ipo.
i believe this meltdown will fly many like this who only knows GMP, apply with GMP, Live with GMP, after applying only check GMP and die with GMP too.
:) :) :)
20. Bullrunner| Link| Bookmark|
March 13, 2024 12:14:58 PM
Top Contributor (300+ Posts, 100+ Likes)
True. Especially in SME IPO's liquidity dry up very fast. When demand and supply equation get disturbed, it becomes very challenging to sell as there are no buyers and it leads to contineous LC's for very long time.
Market aur SME ke liye hawa ka rukh dekhte huye aisa lag raha hai jaise ye bhi discount me hi list hoga. Nowadays GMP is biggest scam in SME. Retailers sirf afsos kar sakte hai allotment milne ke bad.
12. Nitin oswal| Link| Bookmark|
March 13, 2024 10:19:31 AM
Top Contributor (300+ Posts, 100+ Likes)
Markets are run on sentiments. when there is ongoing correction, it is better to save your capital. Negative listing cannot be ruled out in such times (Considering Hem cannot list the high GMP stock in positive)
I have 11lacs Which would be better option for higher chances of allotment? Applying from 11 different accounts or applying from 1 account with multiple lots equivalent to 11lacs?
Applying from different accounts (registered with different PANs) is always a better option to increase allotment chances
9. G profit| Link| Bookmark|
March 12, 2024 8:37:48 PM
IPO Mentor (1000+ Posts, 200+ Likes)
Out of the subject- Harshdeep Hortico managed by Hem fell below issue price intraday today. As far as I know, never seen below issue rate( by Hem). It is a fair indication of caution, not to apply just seeing LMs. Company fundamentals and future prospects are also important, that too in this time of sme correction. We cannot take profit for granted. Take care.
It is not Harshdeep only Kahan which is subscribed in retail more then 1000 times below issue price, deepak chemtech also below issue price , shanti spintex at issue price of 70 there will be more hence now not LM but financials and pricing of IPO is very much important look at sona which is listing today at close IPO premium was 100 now today it is Rs.30 , be cautious
9.2. G profit| Link| Bookmark|
March 13, 2024 9:11:18 AM
IPO Mentor (1000+ Posts, 200+ Likes)
Hi 👋 … The SME NII category is oversubscribed by approx 20 times as of today (12 Mar - Day 2).
Assuming strong surge tomorrow that results in, say, 30 times oversubscription in NII, would applying for say 35 Lots guarantee allotment of minimum 1 Lot without recourse to lottery system?
Or would all NII applications, irrespective of higher or lower than oversubscribed levels, all go into allotment by lottery?
Just trying to understand the allotment process for SME IPO from senior/expert members of this group so that the bid can be made accordingly to increase chances for allotment.
Thank you for your patience & time.
8.1. G profit| Link| Bookmark|
March 12, 2024 8:31:50 PM
IPO Mentor (1000+ Posts, 200+ Likes)
Sir, expected to get oversubscribed by 200-300 times