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Upcoming IPO' s 🔜

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Quick update: although GMP is not the main criteria, still , it's showing in the range ~ 10% , of studds LK and Orkla as of NOW.
 
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I think we are going to make a lot of money next week in Lenskart (by shorting it😅)
. . .
 
I think we are going to make a lot of money next week in Lenskart (by shorting it😅)
Nope. Check the Anchor investor list. Almost everyone is there except few like Quant, Nippon and PPFAS. Even NPS funds like HDFC NPS is there. And in IPO itself, 75% is QIB. Retail is just 10%.

If you have invested in MF, you are indirectly participating in IPO which Cannot be controlled.
 
Nope. Check the Anchor investor list. Almost everyone is there except few like Quant, Nippon and PPFAS. Even NPS funds like HDFC NPS is there. And in IPO itself, 75% is QIB. Retail is just 10%.

If you have invested in MF, you are indirectly participating in IPO which Cannot be controlled.
But still there is no way the share price is going to sustain beyond 3-4 days of listing. With all the negative publicity surrounding the inflated valuation, even their gmp is dropping fastly. Even paytm (inspite of being fintech with huge potential) hit lower circuit on listing day. Lenskart is not even a fintech. Even Peyush Bansal himself is going to offload 2 crore of his shares. Right now these lenskart folks:-
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Dont understand why SEBI is sleeping when it is almost a case of pump and dump for retail investors
 
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