I have applied retail in Updater IPO and 01 retail in Sai Silk IPO. Both IPO were undersubscribed. But I did not get allotment in both IPO from upstox demat account. What will be the reasons. Any please.
63.1. k l patel| Link| Bookmark|
September 29, 2023 8:46:43 PM
Top Contributor (400+ Posts, 100+ Likes)
ask upstox customer care
63.2. Basuvr| Link| Bookmark|
September 29, 2023 9:54:46 PM
IPO Guru (1700+ Posts, 800+ Likes)
In past two ipos ie uniparts and usk starting with alphabet U listed in discount... hence it's discount listing is 99% probable...... I wish I should be wrong have 750 shares.....
Koi bhi company ka stock price apne fundamentals pe chalta hai na ki Prejudices pe. "U" Wale sabhi shares girega esi faltu baat prudent investor kese kar sakta hain.
This one should list is positive terrain. Very little float available. Weak hands as it is have not applied here seeing subscription and a dull grey market. One things works for this ipo is the grey market silence, there are no directional leads from thier end too.Not seeing much selling pressure on listing day. Infact whatever little selling comes up too on listing will get easily absorbed by qib n anchor portion who are as it is holding a bulk of this stocks. Best wishes to all those who are alloted. Cheers
1. Management competance 2. Market leader positions in some of their services. 3. Future prospects with india growing. (Industrial services, audit compliance, airport management, Cleaning & sanitization etc. Huge scope if we wants to keep india clean. 4. revenue growth. 5. market leader subsidieries. 6. Debt free post ipo. 7. Number 1 or 2 Position in integrated facility management. 8. Profit making.
Yatra is Loss Making elephant at very high valuation (200+ pe), although it listed well only 5-7 rupee minus.
53.2. Trueinfo| Link| Bookmark|
September 28, 2023 4:31:56 PM
IPO Guru (1800+ Posts, 1700+ Likes)
No such logic applies. Every share or IPO has it's own dynamics. Anything can happen. Positive listing chances 50% . Flat and discount listing 25% each.
Confirm allotment This much risk😯 Sir I Ain't doubting your risk taking capacity ,just wanted to know that is this the dark horse ?🐎 🌑 Wishing you a very good profit in this🙏🏻
52.2. arvindarvind| Link| Bookmark|
September 27, 2023 5:59:36 PM
Top Contributor (900+ Posts, 200+ Likes)
Dear @JAI JAI GARVI GUJARAT Sir.... Honestly I have no ans to your ques... I just trusted my instinct and it really worked previously in many ipos and i have many failures too... But this year I had good success rate in all under subscribed ipos... My luck with allotment is very poor this year... Imagine my luck, not getting single lot in RR cable after applying 14sHNI with subscription at 6 times in sHNI where I was dreaming to get 2 lots minimum ... But please dont ask me what point about this company ( with raining ipos sometimes forgot the name of the ipos applied) made your instinct go for it... Honestly I don't know ( I can say it's my trade secret) ... :-) :-)
Again I have strong heart ❤ to accept even if it lists -ve...
I took risk seeing anchor list sir ... surely it will have surprise listing but on positive side or negative side to be seen ... my assumption is on positive side ... lets c ... Thank you @newgen consultancy sir for your observation ...
Crow Verdict: Integrated facilities management (IFM) is a a labour-intensive industry, and I don't see much fancy in it. Like an octopus, it has hands everywhere - background verification, hygiene, clerking - all based on manpower. Almost like a distant cousin of The Urban Company. Still, looking at the peers of UDS, it would be okay to take some interest here. However, the high valuation, 70% attrition rate of its labour, and tepid subscription so far are problematic. Avoid to escape a possible flat or negative listing. Negative listings in 2023 have been rare, but if Yatra lists below IPO price, UDS may go the same way. Do not fall for FOMO in this. JSW is better compared to UDS.
Crow's skin in the game: Strong heart owners may take a last-minute call if QIB crosses 5x. 1 retail lot will be easy to acquire.
Crow's last AVOID recommendation: Signatureglobal (15% listing pop and currently up 17%).
@Krishna T, I'm OOTL there as I don't invest in SME IPOs. Basilic was the only one I ever applied because I had surplus funds then. It's a high-risk-high-reward game and I'm just a small bird in the sky. I'm happy with mainboard IPOs for now.