@Dev_AtTheMovies Saw Dhurandhar 2 here. Tbh, the sound experience wasn’t good at all. The video lacked brightness too. There were mosquitoes inside the theatre. The 9:30 pm show was more than half empty, which is pretty bad. Since you know the owners, you can push the information to them.
@LGIndia Been trying to raise a complaint for my refrigerator since so many months. But LG’s customer service is pathetic. No one answers the phone lines. Online complaint says sorry, please contact customer care. Have tried through whatsapp too, but no technician has visited.
NEW PROPOSED PLAN
to wipe out profits of retail investors..
(Must Read to understand, Please retweet max)
👉 Let us assume XYZ company brings an IPO of 12000 Cr
👉 As per current rules:
🔹 Retail gets 35% quota,
So they will get, 4200 Cr worth of shares
👉 As per proposed rules:
🔸 Retail will get 35% quota for first 5000 Cr
This is fine, so retail will get 1750 Cr (A) from here
- Above 5000 Cr, retail has to be given minimum 10% of remaining issue size, to the extent, that retail still gets 25% of the net issue
- So, as per our example, 10% of 7000 Cr (12000-5000 Cr), retail gets 700 Cr (B)
- Sum of A+B = 2450 Cr (1750 + 700 Cr)
- But retail has to be given minimum 25% of the issue size. So, in our case 25% of 12000 Cr is = 3000 Cr
- So, net issue size for retail will be 3000 Cr in PROPOSED NEW RULES, but it is 4200 Cr in CURRENT RULES.
- In our example, This is a massive 28% cut in retail size just by implementation of one random rule.
👉 My Questions:
- How exactly is this rule helping retail investors?
- How can influencers be so dumb calling this rule as game changing? Literally a mega influencer thought this is some help for retail.
- If allocation has to be increased somewhere, why not give it to SHNI category, which is still middle class friendly?
CAN WE SAY THAT efforts are done to wipe out retail and their profits? Clearly your allocation is going to QIB.
** Please retweet max ** and
tag other finance influencers to share it max so that this can be stopped or else, let your allotment chance slip by a big margin.
Rest up to you guys !!
#IPOAlert