Pls advice jee enior members Dear All, Need your advice which are the discount broker which allows to sell and buy in preopen. Except Zerodha. Agel one recently I opened account but they do not allow to buy some of the SME, recently I tried Essence and it's been denied. And customer care Rpresentive said due to illiquid shares they do not allow to buy. Only sales are allowed. I know Zerodha allows all the futures. But looking for some other discount broker which, provides buy/sell. Pls advice. Thanks
sir, I am new to this IPO issues. please correct me if i am wrong, Market maker shares are 270,000 and @Rs.40 this works out to be Rs 1.08 crores, but its still high :(
Subscription so far is less than 300 cr. Fancied SME Issues garner over 3000 to 5000 cr and they list with good premium. Even though Allotment chances are very very less, in such Issues , Allottees are rewarded handsomely. As for this issue wait and see the subscription till about 2 30 pm and decide according to your risk appetite.
Simple, you just need to go to the grey market and sell it there. Just kidding, you need to find a local grey broker in your city whom you can trust with your money.
@NAVV not allowed to share any contact details on this platform. Anyways this is a business of trust so it is better to find out a local broker in your area whom you can trust. If you deal with some unknown person, there is no guarantee that he would deal honestly.
Very experienced promoter .. hard-working guy they explain properly. professional ground to earth gujju bhai ....saru che confident and his approach was clear. 20 year experience in chemical degree in chemical education is good
gmp 11
18. M Gupta| Link| Bookmark|
July 22, 2023 2:39:31 PM
IPO Guru (1000+ Posts, 3100+ Likes)
One has to be careful about all the sme ipos. People doing fake application in HNI and then getting the same rejected by applying retail app in same name. This makes HNI subscription higher and investors get fooled by getting large allotment like spectrum, Cell point etc. Extra care required where QIB quota nit there. Even a twenty crore ipo can ruin us. I m kot saying - don’t apply, just be cautious now in SME IPos.
Though, there are technical rejection always but I never found a huge mismatch. It's not more than 1 or 2 % at Max. The same can be verified from BOA of past SMEs. This QIB in SME (most of them) is a recent phenomenon (may be last one year and so). Before that, there used to be only a couple of SMEs in complete year offering QIB quota. But, yes one has to be careful in SMEs as data being presented is not scrutinized as being done in Mainboard (even in Mainboard you have cases like Satyam). Also, more than 40% of SMEs have not faired well even after getting migrated to Mainboard.
18.2. G profit| Link| Bookmark|
July 22, 2023 4:54:51 PM
IPO Mentor (1000+ Posts, 200+ Likes)
True in some cases. Thanks for advice
18.3. KAPPO| Link| Bookmark|
July 22, 2023 6:52:29 PM
IPO Guru (1100+ Posts, 800+ Likes)
@M Gupta Apne Jo Salah di hai woh free me di hai Toh mera personally yeh Manan hai ki free ki koi value nahi hoti Jab Tak paissa kharch kar ke (yani ki sme me lass kar ke ) nahi shikhenge tab Tak koi bhi apki baat nahi manega sir