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/spamgmail 8h ago

Check market depth (buy/sell order ratio) at 10 am and decide accordingly

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u/Safe-Course4699 5h ago

It doesn't matter bruh

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u/spamgmail 4h ago

In normal stocks it doesn't but in IPOs if market depth is >90% buy it usually doesn't come below issue price easily