CSB Bank Limited IPO Warning experts are giving-ve reviews

121°
Tech Guru
bikidas2060

From yesterday Kerala based CSB Bank Ltd’s IPO has taken off.
It has been fully subscribed by tomorrow yesterday
It has been subscribed by 5.6 times among Retail Individual Category
In Non Institutional Investor category it has been subscribed by 0.10 times
Qualified Institutional Investors are yet to put their fingers in.
Issue Price band is 193-195
Issue Lot Size is 75
Since it has been subscribed fully, wiser decision would be to just apply at 195
Total money, that would be put in lein is 14625.
If you get allotted then only money will be debited. Otherwise, you will get your full money back.
Since it has been shown strong subscription yesterday, I would like to encourage you guys to take your chance.
Even if you get 20% profit on the listing date it will be still good.
Good luck guys.
source: https://www.chittorgarh.com/ipo/csb-bank-ipo...1/
Guys I have been seeing very very negative views on this matter. Stay safe guys. I apologise for my stupid advice. If you feel this ipo is not good then just unsubscribe. I am also feeling funny in CSB. Hdfc life, lic are selling its shares

15 Comments  |  
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Deal Cadet Deal Cadet
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Wrt upcoming SBI Cards IPO, please guide if we have SBI shares, can we apply in sharholders category and retail category both or only one application per PAN is allowed?

Deal Newbie Deal Newbie
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i have seen many reports claiming that the IPO has been over subscribed. why do you think it is a mistake?

Tech Guru Tech Guru
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Bhai the is share is expensive. That’s what analysts are talking about. Btw did you apply?

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Deal Newbie Deal Newbie
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Already subscribed to this but where is this negative reviews coming from?

Tech Guru Tech Guru
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YouTube bhai. 🙂

Beacon Beacon
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dont worry, anyhow allotment is very tough. majority wont get it…

Benevolent Benevolent
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most subscribers are affected by the impact of IRCTC

Tech Guru Tech Guru
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True bhai

Deal Subedar Deal Subedar
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Check listing today

Finance Ninja Finance Ninja
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Listing is purely based on subscription figures. If subscribed heavily, even bad company gets listed at premium. But the euphoria fades away a few weeks later.

Tech Guru Tech Guru
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Mast profit bana jis jisko mila. Stuoid youtubers with stupid views didnt make money today. I didn’t get the IPO.

Generous Generous
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Why do you even follow someone else’s advice. Follow chittorgarh site and there a few legitimate people who provide subscription numbers and grey market rates. Based on that make a decision.

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Deal Newbie Deal Newbie
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views on ujjivan? CSB was a hit apparently. eagarly waiting for SBI card IPO. wo toh pakka 100% se zyda over subscribe hoga.

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