I haven''t been allotted any shares in this IPO, however, I have been reading comments from fellow members about how they got caught up. I googled and found below information which might be useful for some:
The best way to sell a stock which is hitting continuous LC is by placing an order during the pre-open session. As soon as the pre-opening session is closed orders start executing.
If a particular stock hits the upper or lower circuits, trading is halted and you cannot place orders until the trading re-opens.
If you have pending orders with the broker at the time of circuit breakers, such orders can be modified or cancelled only once the trading re-opens.
Upper circuit: When there are only buyers and no sellers in the market for particular index or stock Lower circuit: When there are only sellers and no buyers in the market for particular index or stock
When there is a lot of panic in particular stock, and you are sure that stock will hit LC, then it is advisable to place an AMO (After Market Order). AMO will ensure that your order placed as soon as market pre-open starts.
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January 12, 2018 2:21:50 PM
IPO Guru (1300+ Posts, 700+ Likes)
At 2.20 PM
QIB---------------------------- 26 times HNI -------------------------- 81 times Employees - --------------- 13 times Retail(35%) - --------------- 29 times Total - ------------------------ 39 times
Probably this may be first time that employees quota subscribed by more than 13 times.
According to me, Ajooni Biotech holding shares in Prism Medico (BSE Main frame) and very rare Company like Ajooni - Sector - Cattle Feeds manuf. company to get listed ...another 30 year old company KSE Ltd which trades at cmp Rs 2500/-. Ajooni has the value for Patanjali Agreement to lift the products for sales.
Haven''t got any share but if i can buy on 1st day then it would be good. 2017 year was very good food/dairy products. All companies are running 50+ PE
Ajooni atleast deserve 40 PE and that will make stock value 45 approx
Happy new year to all who got allotment and get 2/3 UC
I too tried through Upstox and was shown an alert that the quantity can be either 4000 or in the multiple of 4000 So it is right that we cannot bid for less than 4000 shares. Now the next question is till when? Is this limit for certain days only?
I M NOT GREY MKT DEALER BRO IF YOU WANT TO SELL SEARCH FOR DEALER YOU CAN EASILY SELL AT 5/= THERE ARE BUYERS AND IF YOU R SATISFIED WITH ONLY 5/= PREMIUM THEN SELL ON LISTING DAY AT OPENING IT IS SURE IT WILL OPEN IN BUYER CUIRCUIT
If you look for information related to the IPO like open date, price etc. that section has the mention about its listing. I copying the entire section below for your reference. Hope that helps.
»» Issue Open: Dec 20, 2017 - Dec 22, 2017 »» Issue Type: Fixed Price Issue IPO »» Issue Size: 2,196,000 Equity Shares of Rs 10 aggregating up to Rs 6.59 Cr »» Face Value: Rs 10 Per Equity Share »» Issue Price: Rs 30 Per Equity Share »» Market Lot: 4000 Shares »» Minimum Order Quantity: 4000 Shares »» Listing At: NSE SME
THIS IS THE PROBLEM OF THIS FORUM IF ANYONE WRITES ANY PREMIUM SOME ONE WILL COME AND SAY BUY MY SHARES ...WITHOUT KNOWING EACH OTHER HOW ONE WILL BUY ...