Very low equity Ahmedabad company Last three positive listing effect second day itself retail and hni quota fully subscribed. Now retail subscription may be 2 to 3 times. Whenever retail participation is more than hni that counter will not perform well on listing day.
Wishing you and your family all the Success, Wealth, Health and Happiness with the blessings of Goddess Durga matha.
????????HAPPY DUSSEHRA ????????
Best Wishes From: Vinod & Family.
35. Aniketiaf| Link| Bookmark|
October 4, 2019 11:13:11 PM
IPO Guru (1800+ Posts, 10200+ Likes)
The Bharat-22 ETF got a bumper response from Institutional Investors on 3rd oct. The portion reserved for anchor investors received bids for Rs 13,569 crore, more than 27 times of total allotted portion that is 25 per cent of the issue size (Rs 500 crore). Thanks.
QIB exactly 1x subscribed on first day itself. Normally QIB comes on last day last minute only. And on day 2 no more subscription in QIB. All doubtful activities. Beware of traps.
How come qib applied exactly 1time , that too on first day of ipo open with ipo last day being 4th Oct. We should know who are the qib applying in disguise to trap innocent retail investors? Disgusting ... promotors trap ?
Tutorials Point IPO withdrawn yesterday due to poor response from market. Company is now looking for PE funding on direct basis to raise the funds. Thank you,
Good to see retail investor have become smarter by not applying in such a bad pricing ipo's . If we keep on ignoring these kind of ipos then soon these bad companies won't get chance to loot innocent investors.
27.1. Medge| Link| Bookmark|
October 3, 2019 2:48:06 PM
IPO Guru (1300+ Posts, 1900+ Likes)
Would like to share some very Interesting fact. Vishvaraj did Road shows for it's IPO in year 2011 or 2012. That time IPO size was 375 Crs After 8-9 Years it's reduced to just 60 Crs