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December 21, 2023 9:39:35 AM
IPO Mentor (1000+ Posts, 200+ Likes)
Company valuation reasonable and with good prospects.LM handled 5 ipos, of which all 5 listed positive, but one of them now trading below ipo price. So LM also good( if not super). Applying
@newgen consultancy Issue size is big, but HNI category is only 13% (<6 Cr), which is less in absolute amount than HNI category for Indifra which is 1/3rd size IPO. Subscription will go out of hand, and will be pure lottery.