261. SSingh| Link| Bookmark|
January 10, 2023 6:29:12 AM
IPO Guru (1400+ Posts, 800+ Likes)
All the best to allottees for the listing… 😊🙏🏻
260. Trueinfo| Link| Bookmark|
January 9, 2023 5:15:08 PM
IPO Guru (1900+ Posts, 1700+ Likes)
Not many sellers expected on listing day due to very small portion of HNIs. So, a good possibility of follow on UC post listing for two days at least. Those alloted may hold on for some time to enhance their gains.
Seems you forgot QIBs. They sell faster than retailers these days.
260.2. Trueinfo| Link| Bookmark|
January 9, 2023 6:48:38 PM
IPO Guru (1900+ Posts, 1700+ Likes)
@snipperRaj, though nobody can be certain about what is going to happen on listing day, but my presumption is that QIBs may not rush to sell in this case, because the QIB subscription from SME standards was unusually high and accordingly lesser allotment than what they must have planned. Let's see, what the time has in store.
I believe it would show wonders tommorow as there are 28 hni in BOA in last row who applied for 7+ Lacs shares each, even 2 of them can purchase all floating shares available.
HNI's try to trick retailers to make them sell shares and will later make upper circuit for many days, just like PNGS. All the best, just remember this IPO has created history in demand
Only 10,74,000 shares totally available for selling. So it would be wise to hold for few days, expecting 90% and above.
Some one need only 20Cr. to buy all floating shares as 4,26,000 shares are under Anchor locking.
And there are many HNI who can single handedly do this.
256. M Gupta| Link| Bookmark|
January 9, 2023 7:07:36 PM
IPO Guru (1100+ Posts, 3300+ Likes)
Le sako to lelo, listing ke baad bhaag jaayega
255. lokes| Link| Bookmark|
January 9, 2023 4:15:11 PM
IPO Guru (4400+ Posts, 5100+ Likes)
here expected listing price may be around 175 to 185.....profit can be booked if getting around/above 195-200 levels and new buying can be good if getting around 160-165 or below levels...LM track record is not good for after listing price movements in last 5-6 ipos like JFL/veekayem/uma/pritika/sabar.... here company looks good and reasonably priced now and got very good subscriptions having little less issue size sme including QIB's....sector is mainly specific to sales/service of rescue and fire-fighting equipment's at airports and other high-rise buildings and also other fabrication/installation services at airports mainly..... A lot will depends on QIB's here for issue performance after listing since they have good amount of shares from smaller size issue....
254. G profit| Link| Bookmark|
January 9, 2023 10:59:06 AM
IPO Mentor (1200+ Posts, 300+ Likes)
This one looks like a 3X LISTING AS lots of stocks has been picked up in the range in 80-90 in grey Market. Sources at gujarat and Mumbai have picked up huge qty in grey and also would be picking up the same in listing day.
I do not know any of us have allotment but in case some one has its worth holding for a few days or even buy on listing (Only if someone is brave enough). Will not be a bad idea to only just watch the show.
253.1. Trueinfo| Link| Bookmark|
January 9, 2023 5:02:49 PM
IPO Guru (1900+ Posts, 1700+ Likes)
@IPO LIFE, I have been lucky to get a lot here. Agree with your analysis to a great extent. Intend holding it for some time.
Going to buy if below 65% as I expect it to lift till 80 to 90% after few days. Hope my decision is right as I can get it at 20PE. Which is a cheaper price
Today morning, I first applied in CHAMAN METALLICS thru SBI-UPI since funds from Anlon Technology IPO were not Unblocked till then. Though I did not approve the Mandate for money blocking.
Later, at around 1 pm when Anlon Technology IPO money got un-blocked, I applied thru SBI-ASBA where money is also instantly blocked.
My query is whether may ASBA application will be considered valid (as I did not complete the process of Mandate Approval against my earlier UPI application) ? Or the ASBA application will also be rejected ?
Learned members are requested to Kindly advise.
247.1. jay here| Link| Bookmark|
January 6, 2023 8:08:38 PM
IPO Mentor (900+ Posts, 700+ Likes)
Since you have not approved upi mandate your asba application will be accepted.