Discover and read the best of Twitter Threads about #burgerkingipo

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One of the major reason why the recent IPOs saw such huge listing gains is the fact that they are massively oversubscribed on the last day by HNIs and QIBs who end up pumping the Grey Market Premium.
A small thread to explain the same 🧵👇

#MrsBectorsFoodIPO #burgerkingipo
1. HNIs and QIBs are smarter than us, the retailers. The reason is simple, retail investors get shares on the basis of lottery system. So, your chance of getting an allotment as a retail investor purely depends on luck.
2. However, that’s not the case with HNIs. They get shares on a proportionate basis. Hence, if the HNI quota gets oversubscribed 100x then an HNI will get 1/100x shares.
Read 11 tweets
When was the last time you saw a loss making company coming up with an IPO?
The case in point being 'Burger King', a consistently loss making company whose IPO opens today.
Let us find out the criterias a company needs to fulfill to bring up an IPO.
#burgerkingipo #BurgerKing
A company must have an average operating consolidated profit of atleast 15 crores during the preceding 3 years with operating profits in each of these 3 years.
This is as per section 6(1) of SEBI (ICDR) Regulations, 2018.
Read 8 tweets

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