Did not apply here. Never thought of applying also. One needs to be careful now in SMEs. The phase has turned. GMP cannot be relied. Hopefully will turnaround to gv some sort of exit in profit but those looking for listing day exit with profit...they r stuck for a little longer time.
Was a small size issue. Subscription by retailers 65x and others 29 x. Retailers are taking more risk. Listing at par value and followed by L C. I had not given any comment earlier. To comment now is not good. I had not applied. However, the members who applied for listing gain are disappointed and held up. For small investors, funds blocked is negative for them. Good IPOs are in line. For small investors everage SMEs are very risky and always better to avoid. For buying for long term, I am not in favor. Other good buy stocks are there. Why to block big amount in such SME. I may be incorrect also. Good wishes for busy week.
BLUE WHALE SIR please enlighten for your basis of being so bullish I had put my price at 88 during preopening and could not exit. i need funds for forthcoming ipos and now i am stuck
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November 16, 2023 9:35:18 PM
IPO Mentor (1100+ Posts, 300+ Likes)
I hope sunrest does not follow Baba food in listing woes. GMP falling very speedily. Had applied two hni ,but both refund. Best of luck for all allottees. My advice is to quit on listing. But LM is good than that of Baba food. Therefore can expect reasonable listing gains