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Retail IPO grind: 60 attempts to secure first allotment and the evolving listing fever in India

1 min read
210 words
Opinions on Indian stocks and mutual funds Retail India

A retail investor lands an IPO allotment after 60 tries, a slice-of-life that highlights GMP filters and the listing fever gripping India. The payoff came with TruAlt Bioenergy Limited (1 lot), a reminder that retail outcomes still hinge on tiny gates. [1]

GMP filters aren’t just chatter; they map to real odds. The rule—GMP > 15% for profit-makers, GMP > 20% for loss-makers—has practically shaped who gets a slice when the parade of IPOs rolls in. [1]

Meanwhile, debate surrounds the value of big names. LG IPO is being weighed for value: a valuation around INR 77,500 crores, FY24 EBITDA near INR 2,225 crores, and a PE around 35, versus peers trading north of 60x. Some see merit; others fear overvaluation amid industry peers at 69-120. [2]

In the grey market, chatter around Groww values the unlisted at roughly 60,000-68,000 crores, implying a multi-decade-looking listing day. FY25 earnings near 1,500 crores lend credibility to the valuation, even as volatility looms. [3]

On the IPO rails, Tata Capital is raising fresh shares to spur lending power, with a Rs 6,846 crore target tied to growth and risk management. [4]

The bottom line: retail sentiment is volatile, and the next listing day will reveal how much filters and chatter actually move outcomes.

References

[1]
Reddit

From “Unlucky” to “Slightly Lucky” 🎉 – First IPO Allotment After 60+ Tries!

Retail investor explains 60 IPO attempts, finally gains first allotment; discusses GMP filters and listing strategy for IPOs.

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[2]
Reddit

LG IPO‐ Value or nah?

Debates LG IPO value; industry PE vs peers; subscription sentiment; IPO timing and bid considerations in Indian market today online

View source
[3]
Reddit

Grey market valuing Groww at 60,000-68,000 cr

Grey market values Groww at 60-68k cr; FY25 profits cited; listing may surge; volatility expected; mutual funds actions noted here.

View source
[4]
Reddit

Fresh shares in Tata Capital IPO to raise Rs 6,846 crore

Tata Capital IPO to raise Rs 6,846 crore; question growth, comment says funds build war chest, negate NPAs, support dividends.

View source

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