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IPO Allotments :)

Senores is having 59% GMP much higher than concord (10%) and Sanathan (28%). So what is the rationale of choosing concord and Sanathan over Senores?
Lower subscription sir.
I've applied for sme ipos too many times but never got allotment as most of them have very high gmp say beyond 80% hence retail subscription of 100X etc.

Same is the case with senores, it may have 59% GMP but its subscription is also too high reducing my probability to get one.
Hence, I preferred getting higher chances of allotment with less profit rather than no profit at all.
 
Currently I am not going to hold anything for a month, but I personally prefer holding shares of companies whom I have heard for a long time or been a customer of.

And in these applications I'll be completely honest with you but I haven't read any reviews or performance indicators, I just saw them on investor gain and no one gave a negative rating and I was in.
I am student anyways and still learning how these financial indices and all work.
 
Allotment date is today for 5 IPO's but don't expect it out today reason 😁👇

1. DAM Capital - Linkintime
2. Mamata Machinery - Linkintime
3. Transrail Lighting - Linkintime
4. Sanathan Textiles - KfinTech
5. Concord Enviro - Linkintime

Linkintime never in time
 
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