I am doubtful, if this will list in discount. I would have been firm on this, if it was mainboard IPO (considering fundamentals/market conditions/investor sentiments/etc). But this being SME has not given me 100% assurance.
I will make a final call on last day, looking at subscription and buzz in GMP
@JAISHREERAM: I am confident on decent listing, but uncertain on timely unblocking of funds on 29th. So, going with moderate approach here and keeping funds ready Purv/Exicom too.
This IPO seems to be giving a good boost to its peer business - Arvind and Company Shipping Agencies (ACSAL) looking at high volumes on Friday.
In comparison, Arvind and Company is a better business and available at good valuation today (CMP below its listing price). Their IPO itself was better valued than Sadhav Shipping.
Once the news of induction of new barges come in, their stock price will shoot up.
Not a buy/sell recommendation. Do your own due diligence.
Can anyone help me know in IPO application name in pan and bank is matched or name in demat is matched. Because in my demat they have put “.” Full stop between first and last name.
Also how to know whether application is rejected due to such discrepancy.
@SMEIPOONTHEWAY If it was rejected, the application would not have been visible at all. The fact that it shows non allotee ensures the Non Allotment was probably due to oversubscription and not technical rejection.
@SMEIPOONTHEWAY sir u will only know when registrar is KFINKART..(in the end of allotment email, u will see reason for non allotment)
@MuStrFc small correction sir u can see rejected application in allotment link too
even if u sent upi mandate request nd then not accept mandate, this application also count as non allotee
8.6. Smile✍️| Link| Bookmark|
February 24, 2024 8:29:44 PM
IPO Guru (1500+ Posts, 800+ Likes)
@SMEIPOONTHEWAY For third party only PAN in bank and demat is tracked. No problem not only in minor changes but total name change also. One pan is treated as one person.
7. MAMU| Link| Bookmark|
February 24, 2024 12:09:32 PM
IPO Guru (1600+ Posts, 1100+ Likes)
7.1. M Gupta| Link| Bookmark|
February 27, 2024 9:25:28 AM
IPO Guru (1000+ Posts, 3000+ Likes)
@MAMU Somehow i am unable to find genuine buyers for this share. Can you please once again enquire and let me know if there is actual buyer for this share (not SBT).
Regards
7.2. MAMU| Link| Bookmark|
February 27, 2024 9:35:15 AM
IPO Guru (1600+ Posts, 1100+ Likes)
Despite no GMP activity till now, I will go for it with my 3 accounts. 💎Plus points:- * Sector seems promising * Good financials * Good LM * DD sir "Apply" rating 💎
@Diligent IPO Learner , Apply Bindass (even though there is no GMP as of now) ! Very minimal chances of discount listing. These are initial views, will go over more details in RHP during the weekend.