CAMS, CHEMCON & ANGEL BROKING I need to apply in any of the 2 please suggest. As per GMP premium CAMS and CHEMCON are looking better. Agel Broking GMP is very low. Please suggest.
8.1.CA Sachin JainSep 18 2020 10:21:02 AM
Here is my priority-wise list of application in the forthcoming 3 IPOs(CAMS,Chemcon, and Angel Broking)
2nd Choice Computer Age Management Services Ltd IPO
3rd Choice Angel Broking Ltd IPO
We have power-packed September month with 5 IPOs Angel, CAMS, chemcon, happiest minds, route mobile. All are excellent IPOs. But since many of them are smaller size, the allotment chance was less for retails. except for CAMs, which is somewhat bigger in size than others with rs 977 Cr quota for retails. You can apply a 1-1 lot in Chemcon and Angel Broking, CAMS can be applied with full force.
8.2.RajanSep 18 2020 11:37:03 AM
Here is my view of 3 ipos opening in 4th week of Sep 2020 From Listing Gain Perspective, CHEMCON as GMP is 230 so u can get 44*230=10k From the Allotment point of view, CAMS - GMP is 365, so u can get 12*365=4.5k per lot, and chances are you get more lots& For Angel Broking Limited(ABL) - GMP Rs 50, so u can get 50*49=2.5k per lot.
So with the above calculation, I will apply in CHEMCON for sure with 1 lot and CAMs with minimum of 10 lots. I will ignore Angel at this moment. In case GMP improves for Angel, I will go for 1 or 2 lots depending on subscription data on the last day.
The Angel Broking is one of the leading brokers in India in terms of active clients base on NSE and serving clients through various services such as brokerage, advisory, research, third-party products i.e mutual funds, insurance, etc. However, tough competition from Zerodha, Upstox, and others and strict regulatory compliance for the broker is the key points to consider before investing.
Ad www.AngelOne.in
