I have 10 different demat accounts, can apply 7 lot, what strategy will have higher chances of allotment? Apply 1 x lot of retail from each Or apply 7 lots from one single account?
@Kash IPO As it will be purely lottery, it depends upon your luck. It will be better to buy 7 tickets instead of 1. This is my view and I may be wrong also.
Let me know anybody using the SBI ASBA IPO application of more than 1crore because it is limiting to 1 crore for me. Talked to branch manager but of no use. Thanks
In that interview, CEO has informed that there is no debt on this company. But in financial report updated on CG, it is showing debt. So which is true, kindly update.
Off Topic: anyone following spectrum? any hope of positive movement?
18. M Gupta| Link| Bookmark|
February 12, 2024 11:04:35 PM
IPO Guru (1000+ Posts, 3100+ Likes)
I will apply full force with refunds of alpex/ rudra/ jana/ rashi minus vibhor funds.
Reasons: 1- good and attractive business model 2. Ample future growth opportunities 3. Good top line/ bottomline growth in past 4. Big size easy allotment 5. Good GMP 6. Good LM 7. Long term (very difficult to predict but still) looks good to me.
18.1. rohiitian| Link| Bookmark|
February 13, 2024 10:09:12 AM
IPO Mentor (800+ Posts, 500+ Likes)
@M Gupta There are not many competing IPOs (very little money will be blocked in Entero, and while some will earmark funds for Vibhor, that will be so oversubscribed because of size that others will skip).
My sense is this will be min. 450x in HNI so not sure allotment will be easy. Also lotsize is very high so you will end up applying fewer lots for a given amount of capital.
18.2. M Gupta| Link| Bookmark|
February 13, 2024 3:19:32 PM
IPO Guru (1000+ Posts, 3100+ Likes)
@rohiitian You are right. Due to failure of other Mainboard IPOs to collect significant amount of money as subscription from public, this may cross even 500 times (HNI) which is aproximately the same amount parked in Alpex & Rudra together.
Retail should end lower at around 200 times.
18.3. MVP| Link| Bookmark|
February 13, 2024 5:20:28 PM
IPO Guru (1300+ Posts, 1000+ Likes)
I would be surprised if it crosses 500 times, means close to what Accent Microcell received in HNI(an all time record). But one never know, I'm bad at predictions.
17. YBPK| Link| Bookmark|
February 12, 2024 10:59:36 PM
Top Contributor (200+ Posts, 600+ Likes)
Comparison of Wise Travel with earlier Shree OSFM (earlier SME IPO)
Today's fall in market with negative sentiments followed by crash in PSU Shares have changed the demand in Grey Market. Premium in maximum coming issues have fallen down. This is the time to be very careful and to be very selective. Unnecessary risk may cause financial losses to small and medium level investors. Many IPOs and SMEs are likely to come. Wait for some better opportunities. Today's listing was however very good in present circumstances. Tomorrow's opening as well as closing is very important. Specially PSU shares need to watch closely. Have a better day in respect to Share Market tomorrow.
16.1. Smile✍️| Link| Bookmark|
February 12, 2024 7:17:20 PM
IPO Guru (1500+ Posts, 800+ Likes)
Yes, fall in secondary market produce pronounced effect on mainboards but fall in GMP of Wise Travel is surprising.
I am scared of big size of ipos as in the past Spectrum Talent have taught me a big lesson. Details of Spectrum Talent IPO Date June 9, 2023 to June 14, 2023 Listing Date June 22, 2023 Face Value ₹10 per share Price Band ₹169 to ₹173 per share Lot Size 800 Shares Issue Size : 105.14 Cr. Current price : 104. ( Sari Talent dikha ke promoters have looted the people)
Here too in WTI Issue size : 95 Cr. Price band : 140-147.
I am not hoping the same here in Wti but history repeat itself and gives the lesson. So I am not very much interested here & too many good options are available at the same time. Not applicable to others.