AVP Infracon Limited IPO Message Board (Page 2)

Reasoning?
Think there can be very heavy selling pressure from the 1x QIB who would have got alll allotment.
Need to consider that as well

​@IPO Yani Milega: I see that this is already making equilibrium pf 100, so has strong start.

Moreover, the company is good, I have been saying this from day 1. QIB can exit, but not with such less gains, it would be targeting at least 50-60% of the money. But lets see, my gut feeling says it can touch its UC also today, but lets wait.

21 lakh sellers now

​@Dhiraj Ramchandani People have hold back sell order in pre-open in anticipation of strong listing...it may touch LC today.

​@Dhiraj Ramchandani I was correct in my prediction.

hhalat badaal gaye
jasbaat badal gaye

11 lakh volume absorbed. 37 lakh more weak hands to go. 😁😁😁 If we include QIB as well

I see a panic sell and few LC's on card but lets hope it is not.

Looks like you were right, the UC is already on board right now.

​@Simply Vicky Spot on prediction👏

​@Dhiraj Ramchandani Dhiraj ji, listed at 79 and now at 75.
Placed limit order bit order got cancelled.
Any strategy now ?

​@Dhiraj Ramchandani Sir it is still hovering@75.05 with 511 lots sell in order. What should someone do if bought in pre-open?
Disclosure: i did not buy due to heavy sell order in pipeline.

​@Shankha G: I cannot tell you what should you do, as you would have your own financial goals and purpose to apply in this IPO.

My strategy would be to hold this stock till it reaches 95-100 (and that is my firm commitment, it will go), unfortunately, this may take some time. Before that, it will correct and as esteemed members already mentioned, it can go down upto levels of 55-60 too. But, I will not average it or try to enter in those levels. I will just hold the allotted lot.

​@Simply Vicky: I am sure, whosoever has purchased it in those levels would be having some good knowledge about this company and thus thought this is a good value to enter. So, whatever the purpose was, I think they should execute. If they wanted to trade, please book loss and exit as it will take some time to recover this stock.

And if someone has purchased only based on recommendations (and not personal analysis); I cant tell anything for that.

​@Dhiraj Ramchandani 
I'm holding it now. If it reaches 90-100, will sell. If not & reaches 50-60 levels, will hold and wait for more time. Thanks for your suggestion.
🙏🏻

Someone just reached out to me on social platform, looking at UC today for this stock for its holding decision.

Sorry, but this can be one time UC or a run, I dont know yet, I am holding it for levels of 95-100 (I will revise the expectations based on results). So, for me, I am not exiting it even if it has 2-3 UCs or it crosses the IPO price, that is not my target.

thank you!

It is 79.95

​@ROAR 79😁

​@Simply Vicky  how did it open below, when IEP was fixed at 79.95 at 9:45 a.m. ?

Things can change between 9:35 to 9:45.
There is a 1x QIB who might offload! Lets hope doesnt happen but lets see

Qib se setting itni to ki hogi ki first day sell na kare...as qib was managed .

Now it is 10 lakhs vs 2.86 lakhs

Anchor Investor Shares Offered      1,870,400 (26.80%)
Market Maker Shares Offered      731,200 (10.48%)
QIB Shares Offered      1,248,000 (17.88%)
NII (HNI) Shares Offered      939,200 (13.46%)
Retail Shares Offered      2,190,400 (31.38%)
Total Shares Offered      6,979,200 (100%

almost 30 lakh shares with retail and HNI ... so still lot of shares are waiting to be sold ... pre open may go any direction ... as of now looking solid ...

Looks like will open at 100+ .... all supply is getting absorbed ....

Tables has turned, buy orders half the size of sell orders