Grey market now quoting at 130 to 135 in Ahmedabad and Rajkot with good volumes..Seeing the discussion on this forum on holding for long term vs booking profit, one may choose thier stand basis ones investment horizon and risk appetite...however one request to all allottees, do not put low price order in Preopening, if at all u want to participate in preopening put a value which factor grey market and some margin...all the best to allottees
Absolutely, can't agree more..those individuals who are picking up in huge quantities at 130 to 135 in the grey market, obviously would make some money and sell at higher levels.. 560 to 570 should be visible on listing ...
503. Safe Bet| Link| Bookmark|
November 20, 2022 2:09:56 PM
Top Contributor (500+ Posts, 100+ Likes)
IMHO Actually Archean is a marine chemical company. Manufacturing chemicals from sea water. Not many companies in that area. Others such as Satyesh brinechem, Agrocel etc are all Pvt Ltds. So I feel the listing may spring some surprises. ๐
500.4. RPSMani| Link| Bookmark|
November 19, 2022 10:43:17 AM
Top Contributor (200+ Posts, 100+ Likes)
Considering no more IPO's in pipeline, QIB may park some funds here.
Current GMP of 130 induces many to put BUY order, if it lists <500
Note: QIB's have lock in period, and hence 75% of allocated shares will not come for selling.
Only NII and retail, that too less portion (15% and 10% ) available
Might be Rs.10 down from listing, because of some weak hands selling pressure, then it might turn around very quickly, my assumption
500.5. tri.vis| Link| Bookmark|
November 19, 2022 11:17:05 AM
Top Contributor (200+ Posts, 100+ Likes)
520-540 Option B very much possible
500.6. Param Patel| Link| Bookmark|
November 19, 2022 11:38:10 AM
IPO Mentor (700+ Posts, 400+ Likes)
@RPSMani QIB Doesn't have any lock in period they can sell on listing if they want only anchor investors have lock in period ( anchor can sell 50% after 30 days and rest 50% after 90 days )
@ipotracker basically to ipo allot hota he aur wo jab bechte he nse yaa bse me to sarkar ko tax to jata hi he... sirf jo orignal naffa aur nuksan ki bharpai ka game he.. yani sarkar ise ligal kar sakti he ager chahe to !! jo already prastav diya hua he.. iss liye ye kala bhi nahi he aur Gora bhi nahi he... it's like uss brown munde ๐
498. arvindarvind| Link| Bookmark|
November 19, 2022 9:23:57 PM
Top Contributor (1000+ Posts, 200+ Likes)
Recent listed high GMP ipo could not even hold their listing price like Surma, dream folk, emi, trackson, bikaji etc. Who have sold on listing are more happy than holding and taking tension. Presently GMP moves very high before listing and their is huge difference in GMP on ipo closing date and listing date. Operator play huge game. Let's see on this counter, what will happen after listing
I applied 2 applications from sbi, all two are 3rd party. Did not get any allotment. Out of two applications, one money got unblocked but for other one it is still blocked. But do not know from which account it got unblocked. What to do?
495. abc xyz| Link| Bookmark|
November 19, 2022 3:41:20 PM
IPO Guru (1400+ Posts, 1400+ Likes)
Dear all, On 21st November, Archean chemical is going to Debut on the Bourse. Congratulations to all the members who have got the shares from Linkout time๐. I am showing the specialty chemical stocks which have listed some time back for understanding purpose only on which one can judge this stock. 1. Tatha: 1083i.p./2378 cp/2958 ath 2. Clean sc: 1546/1524/2705 ath 3. Anupam : 555/734 cp/1107 ath 4. Neogen: 215/1387/1930 5.Fine organic: 783ip/5957/7328 atha 6.Galaxy : 1480/2910/3447 7. Aether: 642/ 978cp/1048 Archean chem is a leading spe marine chemical manuf in India and focused on producing & exporting bromine, industrial salt & sulphate of potash around the world. Company is the only manufacturer of sulphate of potash from natural sea brine in India & major beneficiaries of Russia- Ukraine war.
495.1. abc xyz| Link| Bookmark|
November 19, 2022 3:45:31 PM
IPO Guru (1400+ Posts, 1400+ Likes)
Moreover For FY2022, Archean Chemical Industries OPM and ROE stood at 41.3% and 72.2% respectively, compared to 21.7% and 8.7% for Tata Chemicals, 24.2% and 37.5% for Deepak Nitrite, 24.4% and 27.8% for Aarti Industries and 15.6% and 14.3% for Neogen Chemicals, respectively.
2 message mai hi sab bata diya. Samjhdaron ko ishara ki kaafi hai. I read same analysis and was amused reading other people's messages. Thanks for sharing.
Just to play devil's advocate.. Chemical / Specialty chemical stocks have corrected from their peaks and lost market favour compared to the times of Clean Science, Tatva Chintan, Laxmi Organic, Anupam, etc. IPOs.