So, shares of #BurgerKingindia were trading at lower circuit yesterday and today too are in the negative territory.
A small thread to aware retail gullible investors who were keen to buy the shares are listing 👇🧵

#investing #investors
1. On 10th December 2020, the anchor investors were allotted shares of Burger King. These shares had a lock-in of 1 month and yesterday the lock-in ended.
2. The so called anchor investors who were just to make money in a short span of time tried to sell the shares as soon as the lock-in ended. Total 1.1 crore shares on NSE and BSE were delivered yesterday which is double the average of past two weeks.
3. These anchor investors booked a healthy gain of 150% after acquiring the shares at Rs.60 a piece.
4. Interestingly this caused the market float to increase by 33%. In IPO 13.5 crore shares were offered and now as the lock-in ended, 3.4 crore shares of anchor investors can be sold. This is why there is so much supply.
5. That's the reason why stock was trading at lower circuit in yesterday's session and today too was in the negative zone.
6. IPOs these days are more of a bubble. I have written extensively on how HNIs pump up the grey market premium and create a buzz before IPO. Poor retail participants who could not get shares in IPO then buy on listing and then are trapped.
7. Also, as a matter of fact, the company #Burgerkingindia is a loss making company.
Here's more on how a loss making company can get itself listed 👇
@manurishiguptha, @gvkreddi sir your thoughts?
*after listing

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More from @caswapnilkabra

13 Jan
An extensive yet super simple thread to understand the role of @RBI and how it uses 'Repo Rate' and 'Reverse Repo Rate' 👇🧵

You may bookmark this for further use.

#economy #RBI #financialliteracy
1. Let us first understand the role of Reserve Bank of India in managing the Indian economy.
There are two major elements of the Indian economy.
👉The Businesses:
They are the producers of the goods and services. Any business would be happy if it is growing and the prices of the goods and services sold are ever rising. They would be more interested in ‘Economic growth’.
Read 31 tweets
11 Jan
A simple thread for beginners on 'How the price of a stock is decided?' 🧵👇
This can be helpful to understand the basic economics behind the stock price fluctuations.

#economics #financialliteracy
1. Let us first understand how the prices are decided! or to start with, let us know who decides the price? The buyer or the seller? Let us find out.
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31 Dec 20
A super simple thread to help everyone understand the concept of 'Fiscal Deficit' and what happens when government spends more than its receipts. 👇🧵

#fiscaldeficit #economics #financialliteracy
1. Let us understand everything bit by bit.
Say, Raju is a businessman. Now, like every businessman, Raju is ambitious and curious to know his profit. Hence, he keeps his accounts to calculate his profit.
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31 Dec 20
Reliance Jio making off-net voice calls free, is positive for Vodafone Idea as it is a net payer of IUC and it has a low market share.
A super easy thread to help a layman understand the concept of IUC (Internet Usage Charges) and also AGR (Adjusted Gross Revenue). 👇🧵
1. ‘Raju’ is a ‘Vodafone’ user and he calls his friend ‘Vivek’ who uses the services of ‘Jio’. Now when Raju calls Vivek, his operator (Vodafone) will charge money for connecting to the other operator (Jio).
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Have you ever wondered why price of large cap cos like Reliance ind. Ltd. or Apple inc. fluctuates less in magnitude but share price of a small cap co witnesses huge volatility?
A simple thread to explain the economics behind stock fluctuations!👇🧵
#investing #financialliteracy
1. Penny stocks show huge volatility but on the other hand stock of large cap companies show little fluctuations.
Did you ever observe how ‘Foreign Exchange’ rates show little fluctuation and are range bound?
Let us understand the economics behind it.
2. In this thread we will learn two things,
👉Why large companies show quick change in their prices though the magnitude of change is less?
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20 Dec 20
A simple thread to help all understand ‘Futures and Options’ in an easy way. Though I would personally not recommend new investors to trade in F & O, but it is always good to know things. 👇🧵

#Investing #Investors #Options #Futures
1. What is a ‘Derivative’?
‘Derivative’ simply means a product which is derived or dependent on some asset. This asset is called as ‘underlying asset’.
Let me simplify this by putting this example.
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Read 28 tweets

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