Aspire & Innovative Advertising Limited IPO Message Board (Page 1)

I agree @Diligent IPO Learner, as my name suggests, you have to have the PATIENCE for such shares to consolidate.. If your conviction high, it will give best returns..

I am just not sure, why it is taking so long to declare results. I mean, I am expecting very good results with new order booking and better future outlook, but still once we see that we believe that :-)

AVP is a good company, but I exited when it touched 80 in the first week. Needed funds to buy Aspire @Diligent IPO Learner 

Will reenter a few days before results depending on price at that time

​@Dhiraj Ramchandani sir

Just wanted to ask you something. You are free to ignore to answer this.

You earlier had news about this company getting good orders. And in 2-3 days it realised.

So I mean you have internal contacts with the company's management or something like that?

​@rohiitian Oh would have loved to share the journey of this stock with you too :)

Anyways Aspire is an excellent pick ;)

Still I feel Aspire is kept very secretive and no one going gaga over it (social media) And the big hands are silently accumulating🤞😇

​@Diligent IPO Learner: Bhai aisa seedha sawal kaun karta hai open forum me??

Anyways, the share has touched my target of 100 today, but looking at current outlook, I am increasing my target from 100 to 120 now for short term, though our friend @Gai Bhens Paani Me paani me would not be happy; but it is how it is.

The results will be good, the only ambiguity I have is in regards to Q1 performance, which is under observation yet.

I was about to ask the same question and found the legend @rohiitian already writing about it. I feel so so blessed to be able to gather such valuable information.
I too feel that @MuStrFc sir's first point to be more realistic. However, my heart wants the 2nd point of him to be true.

Anyways, this will be a good learning opportunity for all of us.

​@MuStrFc sir your comment got deleted is it? It is not visible now.

​@rohiitian For now part of HEM's buy looks in response to sell initiated by Mansi and Green Peaks to manage liquidity. This was not the case in Saakshi Medtech. Mansi can further come in to sell as well as they usually do, which gets absorbed by HEM's accumulation.

Your stated reason also could be an option, which should be the base formation for it, but it would be more evident if Hem buys another major chunk and offloads its simultaneously to some marquee investor.

​@Diligent IPO Learner Edited and added again.

​@MuStrFc To be fair, in Saakshi also the same day that Hem Finlease bought, Mansi sold a large chunk. There have also been plenty of recent issues with Hem Finlease MM where they haven't stepped in to absorb selling pressure from flippers. So not sure why they would do so here specially, there has to be some other reason? Saakshi is the only other instance of Hem Finlease buying in bulk ever, and it coincided with the Kacholia transaction.

Another subtle point is that Ashish Kacholia does like tier 2/3/4 commerce plays (Style Union recently in private market, Aditya Vision is a well known one), and Aspire is a different kind of rural commerce bet. I could be totally wrong (plus even if this is for a bulk deal, it may be for someone else), but worth a gamble?

​@rohiitian - sorry, I haven't tracked a HEMs previous bulk deal/large trades.
I can think of two possibilities here, recently HEM has underperformed to its name thereby affecting the aura which it once commanded.
This could an attempt to salvage some pride.
OR
Hem being the LM may have some info on future prospects.

​@rohiitian Another point is in cases where HEM is MM, but wants to keep some of the stocks as holdings it uses the PMS route for that, and may or may not offload these holdings to other investors. While when HEM Finlease appears as the name in the deals, then the probability to offload is higher as you mentioned and the name of any investor in this regard will help, be it Ashish Kacholia or someone else.

​@MuStrFc Spot on. This is Hem Finlease, market maker role has to be to facilitate transactions, not accumulate stock. If I get some time this weekend, will see if there are other data points to support, not just Saakshi.

Taking a punt - bought few more lots at 60 today. Let's see if any transaction materializes in next couple of days.

​@rohiitian I guess HEM is eavesdropping somewhere around here, accumulating more today.

​@MuStrFc Yup, confirmed from bulk deal data - Hem Finlease bought another 1.2L shares. Same modus operandi as Saakshi - bought over 2 days, and then on fourth day the transfer transaction happened.

​@rohiitian sir, the resemblance of transactions is striking. As per past data, the bulk deal should ideally get executed today

​@Diligent IPO Learner If it follows Saakshi, then it will happen tomorrow (day 4). But I'll wait for longer - as long as Hem Finlease does not offload, it can happen anytime.

Oh yes sir, missed the dates. my bad. Yesterday, deep delved into the past financials (from FY 17-18) The growth has been phenomenal from 2 crore in sales in FY 17-18 to 350 crores in 23-24 (expected).

On a personal level, these financials further increased my confidence in the company.

​@rohiitian sir, something crazy going on in this stock. Hum Finlease buys another huge chunk.

This is going to be next level learning opportunity :)

Hem Finlease*

​@Diligent IPO Learner Yes Hem still accumulating, another 86k shares today. Surely something is cooking.

Because it’s available very cheap price as of now and that’s why they are buying in Bulk quantities.

Hem Finlease is a market maker, they don't "invest" - within Hem group, that is done by Hem Securities. Hem Finlease only facilitates transactions. Most likely explanation is they are accumulating to provide liquidity to a big buyer and we will see a bulk transaction soon (from Finlease to new buyer) @Gai Bhens Paani Me

​@rohiitian 

if any new big investor comes in

what do you think their buying price would be and till what time the UC will sustain

what is the ideal price( fair price) for aspire as per you

I sold on a first day at 59

will buy tommorow to take a punt if no UC tommorow

​@Aaashish Buying price would be CMP at time of transaction, but it'll happen "offline"; i.e a direct transfer of shares from MM to Buyer. We will be able to see a large volume candle on our broker platform, that's all.

Remaining questions I can only theorize - Aspire will need to be rerated, it's currently being valued like a trading biz but underlying biz model is much more unique, and quantum of rerating cannot be predicted. There are other unknowns - will a big investor even come? Will it be a well known investor which can move the stock meaningfully or someone unknown?

It's a calculated gamble, and may or may not play out (can lead to selling pressure if it doesn't). Risk reward is good for my investing style, may not work for all.

What a well crafted answer sir :)

Looks like hem bought today as well.

why hem bought ?

I don't think Hem bought today - looking at volumes there was 1 "bulk" transaction at 2.40pm for 1L shares - this has to be Hem Finlease offloading to a new Buyer in bulk. Seeing this, general public bought and stock went to UC (I also added to my position)

But 1L shares is still a small transaction - Finlease has accumulated 5.5L shares plus his MM portion. More transactions have to be in pipeline soon. There will be more clarity seeing bulk data in evening.

​@rohiitian it would be good if another chunk was bought in by Hem.

If it has offloaded 1 lakh shares to a new investor, the quantum is very small and not exciting :)

​@rohiitian sir today's bulk was as follows:

JAIN SANJAY POPATLAL SELL 100000      64.36

​@Diligent IPO Learner Yes saw, makes no sense. There has to be a corresponding Buyer. One can see that this entire transaction happened instantly at 2.40pm - there weren't enough buyers at this price for an open market transaction, so it had to be a bulk deal. But who's the Buyer?

However one thing is clear - the Finlease to new Buyer transaction is yet to happen.

​@rohiitian sir, in the bulk deals section of NSE, only the sell bulk deal was available and yes it was definitely a single transaction at 2:40 p.m. What does absence of buyer's name in the bulk deal mean then?

Happy that Hem Finlease didn't sell :)

​@Diligent IPO Learner That probably means that the SELL transaction was bulk, but the buy orders were not. It wasn't one sells and another buy type. Other buy orders in queue got executed until closing, which were of small quantities and not BULK, which is why NSE does not show them.

​@MuStrFc Problem is there were hardly any shares in the Buy queue at that time, to absorb 1L shares. The entire transaction happened instantly. So there has to be a bulk buyer - I know some types of bulk buyers don't show up, but not sure of specifics.

Possible, that buyer don't want to show his name in bull deal. So he bought it from 2-3 accounts.

​@rohiitian if the supposed bulk deal takes place at market price, it may get delayed right as the price has stretched a lot. What do you think sir?

​@Diligent IPO Learner For a big buyer looking for long term, a few rs in buying price will not matter. Also Finlease can clean out the UC, bring price down a little and make the transaction at a slightly lower rate. Hope whatever needs to happen, happens soon.

​@rohiitian true. Wonderfully explained sir👍

​@rohiitian 
Hello sir...if the UC opens...can I add at current levels?

rohiitian Forgot to thank you Rohit Bhai

Thanks Rohit Bhai

I think the bulk transaction took place today

Yes it has just happened. We'll hopefully know the name of the Buyer today evening

​@IPOTRAINEE I cannot give suggestions to other ppl on what to do - can only tell what I plan to do. Anyway there's no chance of UC breaking now because the bulk transaction has happened.

​@rohiitian sir, looks like bulk deal executed. Hope some big name comes out. Personally I feel its the name you have mentioned in the first message of yours :)

Today HEM Sold own holding

​@Diligent IPO Learner Fingers crossed 🤞

Jitna buy kr skte ho kr lo

​@rohiitian sir it is Sunil Singhania🤞💫

India-Ahead Venture Fund buys 484000 shares

Yes just saw @Diligent IPO Learner He's a top investor - there should be great reception to this, hopefully the stock can get rerated.

@GrayIsTheNewBlack @MuStrFc Just to close the loop - as predicted, Hem did purchase, to eventually make a direct transaction with Sunil Singhania's fund today. Let's see how market reacts to this tomorrow.

​@rohiitian sir thank you so much for providing such clear insights throughout this thread.

Never in my life could I have thought that a simple thing like MM buying shares is actually a very complicated thing.🎉

I am learning a lot from you sir🤞💫Blessed to the core to be a part of CG forum.

Yes the entry of Sunil sir actually makes this a comfortable (in the sense safe) long-term bet.

By the way rohiitian sir, just before listing we all got an email right from the CS. But it didn't involve the company's presentation if I am not wrong.
Anyways sending such personalized mails to the investors is a sign of good corporate governance right?

​@rohiitian - I'm still wondering why did the Singhania fund chose this route ?
I mean even HEM was buying from open market (around 63) and then sold open market to Singhania fund (around 74)
Singhania fund could have bought the same quantity at a lower rate 🤔
What am I missing ?

​@GrayIsTheNewBlack My understanding is that he has a fixed quantity in mind - he may not get the full amount in open market on a given day (even Hem had to buy over 3 days), and if his name gets revealed on day 1, he will not be able to buy again till circuits break, which can push price up a lot more. This happens when the free float is small. Kacholia did this for Saakshi (relatively small float), but bought in open for Megatherm (much larger float).

​@Diligent IPO Learner Yes you're right. It is good governance.

​@rohiitianThat is as per predictions and should do whole lot better once the sentiments take a turn and over hang of other issues are removed. Hoping something similar happens in Aluwind soon !!

@GrayIsTheNewBlack As for why HEM intervened, imo India Venture buying close to issue price in direct market would have been close to the issue price of Aspire and the stock was in thin liquidity at that time so possibility of LCs being hit. The revelation of that name could have possibly triggered that and India Venture since not being the MM, the responsibility to provide liquidity does not lie upon them in a such a hypothetical situation.

On the other hand going via this route, HEM has already given 15% liquidity to the stock from around Rs 63, this counter now has better volume and double confidence is built when MM and Bulk investor both appear in the deals. There is more enough downside protection from Rs 73.6 close to issue price than from Rs 63.
​

Dear Investors
on 19th April ko isme khel hoga bhut bda target may be 90+

​@rohiitian sir, looks like the stock has been accumulated by very strong hands.

Only 8 lots traded. No one is ready to sell.🤞💫

​@rohiitian Looking forward to a 20% upmove with good volumes🤞💫

​@Diligent IPO Learner You got your wish :)

​@IPONEED Great prediction, was it based on assumptions or sourced from someplace?

​@IPONEED , they applied in QIB as well and sold the portion allocated in QIB (which has no lock-in period)

Can you share the screenshot?

​@Diligent IPO Learner @Mr pkn Will hold Aspire to see if market latches on. This is a biz with a fairly differentiated distribution strategy. Can't predict how it will list or move post listing, but ready to hold for some time because it has potential.

Hi @rohiitian ,

Are you applying any of tomorrow, 4th april closing SMEs?

Sorry, busy with year end, did not follow these issues at all

Hi,

I'm checking investorgain.com and GMP shows last one week as "Zero". As per you p0st 4/7. Can you please help where you are checking GMP prices?

Thanks in advance

​@Sreeni Dintakurti Many members have their own local GM sources to get live GMP. If you can, contact your broker, he/she might be able to help you with these..

Just for educational purposes 😊😊