I know @Diligent IPO Learner, but abhi baaki saare pages pe thoda thanda chal raha hai. So, thought of visiting this page and this comment just pinched me, so..
Sir multifold ke liye thoda hold karna padhega.. The execution from management is very slow, so its better you forget about this investment and revisit it in 2-3 years span of time (ofcourse, risk ke saath bol raha hun). Tab jaake multifold hoga
@Dhiraj Ramchandani Dhiraj ji, looking at cmp at rs 79.40, will avp infra rise to 90-100 levels in coming 2-3months ? I mean what should be the approach ? Hold for short term with 90 levels or long term say for 1-2 years for more than 150-200 target ? Any suggestions ?
Sir, my current take is to hold from any action on this stock. My short to medium target is 95-100 since the allotment. I will hold with it. With results coming in Q1 and new order booking, my stand may change and can have longer view too.
Sir, there is lot of ambiguity on timing of declaration of results at this moment. As per listing requirements, AVP now need to issue quarterly results in April; but again they are consolidating numbers and new order booking with future outlook, which is taking more time than expected.
So lets wait, I expect company to issue results this month.
Bhai, if that happens, I will increase my investment in AVP. And I mean it.
On lighter note!
130. SSingh| Link| Bookmark|
March 28, 2024 11:48:07 AM
IPO Guru (1400+ Posts, 800+ Likes)
Baccha apna result tabhi dikhata hai sabko jab wo exceptionally awesome lag raha ho use.. Agar number kam ho to baccha results dikhane me aana-kaani karta hai..
AVP Infra ko bhi apne results dikhane ki jaldi hai.. latest circular se pata chala ki first week of April me hee results de denge sayad… I think that’s the reason behind back to back UCs..
@SSingh Where did you get the circular. I mean since its a sme stock, unable to get any result date or news. Do you know how to find information on which website regarding avp infra share. Holding 1 alloted lot at 75rs. So somehow hoping it would go till 90-100 levels.
130.4. SSingh| Link| Bookmark|
March 28, 2024 1:49:51 PM
IPO Guru (1400+ Posts, 800+ Likes)
129.1. Mr. Agrawal| Link| Bookmark|
April 5, 2024 2:36:38 AM
Top Contributor (500+ Posts, 100+ Likes)
Sold at 79.35 today .. didn't move much in first 10 days ..last few experiences were very bad when circuit filter changed in Zenith drugs and purv Flexipack booked huge losses they went 45% and 24% down in few days.. so didn't take risk here .. would buy again if available at a better price .though this would not fall like above mentioned names.
Looking at demand, I believe, there will be some more UCs in coming days
125. Vnrao| Link| Bookmark|
March 25, 2024 7:54:48 PM
Top Contributor (500+ Posts, 200+ Likes)
Got allotted after one year. Last SME allotment was SEALMATIC in FEB.23. Now in March, 2023, got AVP Infracon which is trading in Discount. Will wait for a couple of quarterly results. Hope it will trade in 120-130 levels by Oct.24.
Company is good and will grow in future too✅ It is struggling because of big size!
One more important thing is no response from QIB, this is raising some concerns 🧐 Not sure what’s the reason!
122. G profit| Link| Bookmark|
March 21, 2024 10:41:24 AM
IPO Mentor (1200+ Posts, 300+ Likes)
Company seems to be good. Anchor list is good Subscription is reasonably good LM is good. But today, price is below issue level and at LC Couldn't understand
122.1. rohiitian| Link| Bookmark|
March 21, 2024 11:21:49 AM
IPO Guru (1200+ Posts, 800+ Likes)
Only because of forced selling yesterday by the single QIB who got much higher allotment than he budgeted for. Honestly surprised the LC opened so quickly, thought there was good chance of getting at deep discount and push the QIB out. But good chance he has sold another chunk at pre-open.
121. SSingh| Link| Bookmark|
March 21, 2024 11:16:49 AM
IPO Guru (1400+ Posts, 800+ Likes)
Huge reduction in number of sellers (yes, but there are not buyers). So, within few days, I believe, this will bounce back. I think it is only the panic sell, where some investors are just trying to exit this stock in anyway
And we already see the impact, the circuit is open now. Buyers are supporting this stock and sellers are not willing to book losses, so this will fly in coming days.
FUNDMENTALS ALWAYS RULE SENTIMENTS IN LONG RUN.
Even if this stock falls from this level, in long run it will give good returns.
119. Mr. Agrawal| Link| Bookmark|
March 21, 2024 11:05:20 AM
Top Contributor (500+ Posts, 100+ Likes)
Huge buying at LC again and again nice support from Buyers side
118. Mr. Agrawal| Link| Bookmark|
March 21, 2024 10:36:46 AM
Top Contributor (500+ Posts, 100+ Likes)
Although everyone seems bullish here but volume ke hisabh se toh 20-25 lakh share abhi bhi hai retailer aur hni ke pas Loss mai... Kal major selling QIB ne ki .. can't tell how long would they hold on in LCs. .. still morning LC opened so it can open again ... What's your view regarding Volumes everyone ????
117. SSingh| Link| Bookmark|
March 20, 2024 12:49:29 PM
IPO Guru (1400+ Posts, 800+ Likes)
My simple strategy: Now I have 11 lots in total and will keep for short to medium term and will carry ‘profitable’ shares in my portfolio if results are consistently good and as expected.
P.S. This is not a ‘buy’ recommendation. Buy only after checking with your investment advisor.
Good things 1) No flippers entry 2) Bulk buy by Rohan 3) Majority of shares is sold by QIB (trader), however still 4.35L shares left 4) Market maker hasn't sold (LM & MM is same) , means LM is also positive in it.
Let's see tomorrow actions on it.
117.4. Scrip| Link| Bookmark|
March 21, 2024 12:47:26 AM
Top Contributor (500+ Posts, 200+ Likes)
if not wrong MM ka kaam liquidity and price dono ko maintain karne ka hai. aur kyuki supply utna tha joh ki demand ko meet kar gaya issliye MM ne nahi beecha. Baaki Rohan Gupta ka naam is good.
117.5. SSingh| Link| Bookmark|
March 21, 2024 7:27:25 AM
IPO Guru (1400+ Posts, 800+ Likes)
This must not disappoint as this is not a small company, and LM also needs to maintain the good repo. Baaki operator ka mann hai ki short term me kitna darata hai! 😂
117.6. SSingh| Link| Bookmark|
March 27, 2024 5:07:21 PM
IPO Guru (1400+ Posts, 800+ Likes)
Working well for me.. :) 1-2 acchi news aa jayein to aur maza aayega fir.. 😂😂
116.1. rohiitian| Link| Bookmark|
March 20, 2024 7:56:37 PM
IPO Guru (1200+ Posts, 800+ Likes)
Chalo we know the name of the 1x QIB now. Funicular Funds has sold 2/3rd of their holding, but still have 4L shares to offload. Looks like price will get dragged down until they sell fully, and every chance of price going to mouthwatering levels for buyers if this fund is desperate to sell. And every chance of a rapid shoot upwards because of how cheap it could get. Will be interesting to track.
116.2. arvindarvind| Link| Bookmark|
March 20, 2024 9:18:48 PM
Top Contributor (1000+ Posts, 200+ Likes)
I think entry of Rohan Gupta will make positive impact
@arvindarvind@rohiitian - Who is Rohan Gupta ? Haven't heard about him before, is he a renowned investor ?
116.4. rohiitian| Link| Bookmark|
March 20, 2024 11:50:39 PM
IPO Guru (1200+ Posts, 800+ Likes)
@GrayIsTheNewBlack Not too familiar, but his name pops up on X and he has some followers, and shares gyaan. He bought a heavy stake in Atmastco on listing, so I like that about him :)
116.5. Scrip| Link| Bookmark|
March 21, 2024 12:39:31 AM
Top Contributor (500+ Posts, 200+ Likes)
As per screener Rohan Gupta is promoter of SG Finserve.
There might be a very good chance for QIB to get completely out as they would probably be an AIF cat 1 & according to Sebi norms, cat 1 AIFs can't have more then 10% of their fund in the listed space and have to trim in 15 days
116.8. IPONEED| Link| Bookmark|
March 21, 2024 12:49:41 PM
IPO Guru (2200+ Posts, 1100+ Likes)
@arvindarvind Rohan gupta whi h jisne Commited cargo liya tha @ 84 now commited cargo is bellow 60
116.9. arvindarvind| Link| Bookmark|
March 21, 2024 2:47:39 PM
Top Contributor (1000+ Posts, 200+ Likes)
@IPONEED Sir 5 to 10% failure to sabka hota hi hai Baki sare investor to success hai na.
Script Listed as Well. But SBI still not released funds. Anyone facing same issue?
114. ManishDwiv| Link| Bookmark|
March 20, 2024 3:48:58 PM
Top Contributor (600+ Posts, 200+ Likes)
As per BOA and shareholding pattern, Only 1 QIB i.e Funicular fund LP got allotment of 1248000 shares. and they put bid at LC for appx 50% shares, hence the selling pressure in the stock.