This should do well. Structure is very tight. There is heavy demand from preferential share holders. It will be hard to get some allocation. I am expecting a good upside upon listing. Leadership team is very experienced, project is already in advance stage, valuation is good and parent company had good rise. All looking positive. Downside is lack of clarity on free fold shares from pre-ipo.
So, even if it will open soft it should do within weeks.
