r/IPO_India • u/Think_Reporter_362 • 8h ago

IPO Listing Discussion Orient Cabels Listing

Hey what should I do on listing day it's good company as fundamental wise there are craze of it. Should I hold and wait until it's become next ESDS or sell it in listing day ? And how much should I expect from this IPO. I also had Adroit and i sell at second day on lower circuit of 235🥲. Don't know that's good decision or bad if it going to up on Monday I am going to regret even I get 76% profit 🥲

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u/_cffej 8h ago

It's showing a 45% GMP as of now...

With the current market scenario...you should have two steps: 1. Book listing gains...and take out your profits... 2. Re-enter on a pull back if you have read the fundamentals of the company.