Archean Chemical Industries Limited IPO Message Board (Page 9)

My views for Short term, Medium term and Long term for this IPO.

Expected listing price - 510-520

Short Term (upto December quarter) - With Nifty near all time high and expiry week. If nifty crosses all time high, this stock could enjoy the momentum and get some more mileage. However, with Kaynes listing just after this stock, there is a possibility that some HNIs shift to Kaynes.
Overall, high chances that this will perform good in short term, can move to 580-600.
On the contrary if Nifty shows weakness (goes below 18000), there might be some fall in this stock, towards 470-480.

Medium and Long Term - It will depend on it's next quarter results and position of borrowing. The chemical stocks have already run up quite a lot, and this sector is already showing signs of fall in momentum.
With the focus moving towards Climate change and sustainable production, transition risks would pose a major threat.
However, this would affect the market on the whole and not just this stock.
I feel in the medium to long term, the growth rate won't be as spectacular as we had seen in the speciality chemicals sector as focus of market is shifting towards Banking, Finance and Infra sector as they have been continually underperformed till now.

These are my personal views, suggestions and advise from others are most welcome.

Excellently said,
1 massive expansion underway from the proceeds of ipo money ,
2 around 600 crores of debt will be paid , 3 in production of both bromine and industrial salt, this company is India's leader,
4 entry barriers and reserves of Ran of Kutch
This company might be considered as bit of mining company

I guess it should do good in medium to longer term ( atleast 3 years)

For short term i see a range of 527 to 570 ... However as you said if the market corrects heavily ..it may come close to o 485 odd level which would be opportunity to buy according to me

Wow
Gmp : 135
Listing around 540-560.🚀
Intraday high 580.

Gmp 135

Gmp 118

Archean Chemical Inds.
GMP 123 +/- 2

Good to see u after a long time

Welcome Mam

Hi,
My father have a 3 in 1 ICICI joint account with my mother.
My mother have a 3 in 1 ICICI account.

Can I applied IPO from the both the account ? what PAN Number will be consider in the first account ?

Thanks @Amit.

Will it be ok ? Father account is join account with mother.

Yes no problem. First holder will be considered.

Latest GMP

Kaynes 230
Archean 120

Huge demand

Off the topic.

I would like to become stock broker. Please suggest which is best in terms of customer service and revenue sharing.

Thanks in advance

Marwadi Share and finance Ltd

Today's Latest GMP
Archean: 118
Kaynes : 227

As the retail portion is just 10% & QIB is 75%. Therefore the less number of people (retailers) will be there to dump their allotment on Listing. This would be another 🌎🌍🌏Global Health care on the Debut due to number of facts ( strong results, strong clients, attractive valuation and monopoly in their business)

ARCHEAN Result:
Applied 8 Bhni. Allotted in 2. Total 1008 shares.

Congrats to all allottees!

Good luck for next IPO- to not-allotted subscribers!

Latest GMP ??

Buyer 120

UPI Allotment Started

Which app is this?😆😄

which app is this sir?
and which site provided appication wise subscription status?

I doubt great listing - Markets will not favour
For LT its ok - short term max 55+

Let's wait for the Monday .. i don't see listing/trading below 500( +93)

Please suggest price for buying shares on listing day

In my opinion as i m little safe player, near 480- 500 it's good price for the entry , depends upon listing ...agressive trader may enter around 510

I have opened a new demat account in Zerodha in which I got ipo allotment. Please advise can we place order in pre opening market between 9:15 to 9:45 on day of listing
Thanks in advance

U can modify as many times as you want during pre open session..
If your input price matches or is below listing price..your shares would be sold.

@monsterzero
As you defined that Issue price to be filled in . I Have checked the ZERODA Account it is showing No of shares allotted in IPO of archean are showing with ISIN No not by named .
When on Monday the day of listing pl advice where and in which column Issue price to be filled.

Thanks

Got 1 Shni and 4 retail

Can anyone please share GMP in Mumbai!
Heard it’s now 100-105.
And forum members here are quoting 125+
A good opportunity to buy in grey then ?🤔

CA Sahab told...gmp around 125.
hoping for good listing on Monday.

UCO Bank amount (UPI) still not released. Any one facing this issue?