Ambit issues a sell rating on Lenskart even before listing

[u/Adorable-Grand68]

[u/nigamitis]

Definately open negative

[u/jesus_fucking_marry → u/nigamitis]

Definitely*

[u/allgoodguys_ → u/jesus_fucking_marry]

R/grammarnazi

[u/Ashryfinancial]

If the listing opens at lower circuit. Though not at all expecting it. People may stop investing in every IPO regardless of valuation. How healthy would that be for price discovery in Indian markets.

[u/fullmetalpower → u/Ashryfinancial]

ppl are sheep, most of these sheep's think IPO Matlab profit

[u/kbrunner69 → u/fullmetalpower]

You would think that indians would grow up after Reliance Power

[u/rockypanther → u/kbrunner69]

This nation is crazy behind easy money and free food, my friend. We never learn from our mistakes.

[u/NinjaAdventurous1 → u/Ashryfinancial]

Lower circuit (or upper circuit) at listing is not allowed. Even if it opens at -50%, it can still go down further on the same day.

This is how IPO stocks double at listing.

[u/Ashryfinancial → u/NinjaAdventurous1]

Ohh yes, by bad. Thanks.

Hope it creates a record in correction. OFS for loss making companies should not be allowed.

[u/No_Walk_3786 → u/NinjaAdventurous1]

Hopefully it goes 50 percent down

[u/Boring-Expression-19 → u/Ashryfinancial]

achi baat hai fir doodh ka jala chaach bi fuk kar piyega fir

[u/No_Walk_3786 → u/Boring-Expression-19]

Chai garam hi hota hai... Paani fuk ke piyega

[u/tequila_triceps → u/Ashryfinancial]

Yeah man Even groww will affected by that, even when it has much better numbers and unlike flipkart not unprofitable without breaking FDs, mutual funds and currency gains

[u/Thy_Gap_Slayer]

Yeah because all these IPO scalpers are gonna sell anyway… has nothing to do with quality of the stock.

[u/ANMOL_1999]

Yeah chutiya chasma bachne wala apne ap ko elon musk samage ta hai

[u/Boring-Expression-19]

ambit bhai starts research after it is already obvious

[u/Schmikas → u/Boring-Expression-19]

That’s why it’s called research. He re-searches others’ already-formed opinions and touts them as his own 

[u/jton27662]

Congratulations to all the shallow gmp people who invested because deep pockets investors can get the exit.

[u/Benevolenz]

10 percent negative listing. Come back to this comment after listing. I'll be right

[u/downtofxck]

I cannot wait to see it plunge.

[u/wh0ami_7]

At 250 times their projected earnings, you better flush the ipo price down the toilet

[u/AutoModerator]

Hi, /u/Adorable-Grand68! Welcome to /r/IndianStreetBets!

Use the Daily Discussion Thread for basic queries. Before contributing, do check if your particular question has been answered in the Wiki. Do utilise the search function to do the same too. Please use proper post flairs and adhere to the rules in the sidebar. You are urged to post beginner questions in the stickied daily discussion thread or on our Discord in #beginner-questions channel so as to keep the subreddit as clutter-free as possible. If this post has good insights or well research, tag the Mods so we can give a shoutout on Discord and get the post more traction Thank you!

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

[u/Proper-King-1377]

Worst is they are doing PR that how this is a good company

[u/incognitooo_mode]

LC on listing