Azad Engineering Limited IPO Message Board (Page 18)

Why do you want to make it more complicated... Instead open separate accounts of individual with any bank and then proceed...You can put nominee each of their names in respective accounts.

​@BackBencher Yes this is possible, but I have a specific use-case, hence wanted to clarify the doubt.

Its valid .

In sbi, it is valid.

Atleast one day is required to finalize the allotment because all the IPO are heavily oversubscribed. IPO which are closed on Wednesday or Thursday rarely give allotment on next day but they finalize allotment normally after one day in the morning.

SEBI should give two days for subscribing the issue instead of 3 days and one day should be given to finalize the allotment. In my opinion this may be solution.

​@Saney 

1 IPO closed on 22 - Friday

5 IPO closed on 21- Thursday, these could have easily postponed by 1 day to get 3 day liberty of weekend and holiday, but they have not done it. Why ?

Now 4 IPO are closing on 26 -Tuesday, these could have easily preponed by 1 working day to get 3 day liberty of weekend and holiday, but they have not done it. Why ?

🙏

@Basuvr… 26% of IPOs closed on Fridays in Dec. I don’t deny that IPOs closed on other days too but the Friday closing trend is increasing. I hope I am proved wrong…

​@Saney  Sir this trend was same earlier also and nothing has changed post 1st Dec

Thanks

🙏

Very good efforts. Go ahead 👍

That is a very good and balanced approach. In fact, most people apply in IPO for listing gains, based on luck they get or dont get hands on allotment. While, at the same time, there are many under valued stocks in secondary market, which people dont pay attention or get attracted after bull rally in that stock.

Hopefully, with guidance of experts like you, more people will inclined towards secondary market.

I have heavy experience of IPO with many accounts of our team but return % is less than secondary with some risk always in though. We are allotting good number of IPOs but average % profit is relatively less. Please note, I'm not suggesting to go away with IPO at all (in fact we are in 100%) but atleast make some changes in your strategy with new thinking based on certain parameters mentioned below.
1. Know your balance and number of applications. Check whether your applications matches with the subscription or sirf trying luck luck and only luck?
2. Keep applying IPO and some % in secondary.
3. Are we in addiction zone for just applying IPO? Have you calculated the overall time we spent and un-utilization?
4. Invest some profit in same stock or others.
5. Apply exit and re-enter on deep strategy criteria in stock whatever it would be not 100% but by some % in worst case.
6. Never invest 100% in recent IPO stocks, think beyond that! There are n number of good scripts, atleast you should know when to enter and exist!
7. Keep diversified portfolio.
8. Don't come under panic and keep patience on 1-2 fall of market or your stock!
etc.. many such mantras and rules!

I strongly and 100% suggest to peoples who have less than 3 accounts to think in that direction rather than blindly applying in all IPOs which might have massive subscriptions. It doesn't matter you apply in retail or sHNI or bHNI with less accounts. I know its painful decision as a like/dislike primary v/s secondary but we should not be in comfort zone with no allotments, take risk, fall and rise up.

Please don't say, i'm applying IPO since many years and got nothing or hardly in 1-2 out of 20-30 applications. Do you know the loss of energy, time v/s 0? What did you learn by not taking risk? Sensex/Nifty rose 15-20% and we got 0 because we didn't get allotment since 2-3 months etc.. All these are hard questions to answer because luck plays only 5-10% role when you are not meeting an average. 80-90% case, you won't be allotted. Take 50 or 100 examples of yours without again relying on luck.

I have posted my feelings by hearing lot of stories for non-allotment by family, friends and relatives. Anyhow, these are my views based on long experience of profit/loss but let me know if anyone disagrees.

Most welcome and much needed to get rid off IPO non allotment

Safest is HDFC Bank in large cap category, one share buy in every month of Trent - midcap category, reliance jio in small cap category, This is my view, I have these shares, one risky share in micro cap category is Brand concept

If your perception meets your expectations, request you to consider forming a group for secondary market and share your experience/views so that we can also be benefitted from expertise. Some more experts may also be brought to the group. Depending upon success rates, you can charge a nominal fee from those who are interested and ripe benefit.

Thanks @MeParam!

According to my karma, god has given way good life, way more than average money according to India's financial index.

I will be more than happy to share every stocks, if someone makes atleast 1 rs benefit then i will assume, my birth is successful in this earth to help to human beings which is our moral duty and responsibilities. The only problem i do see in CG is missing secondary stock page to share something there.

In view of large number of investors only enjoying gmp without getting any allotments since long time @Admin @ Chittorgarh.com  Should allowed investors to exchange view on secondary 9market with a separate page for trial period of few months if become hit then may continue with it

​@JSK✨ I was going through your posts in Azad Eng. A better choice and a good thinking. But do you think, you are going to get more than your LUCK. I know that all should only not believe in LUCK without doing anything.
Members of this forum is learned and having good knowledge without any fail. The decision of yours may prove good for yours but will this also prove good for others ? You have got more than India's Financial Index, that's your fortune and blessings of God and Elders. You should be proud. Non of the Members of this Forum have never said such words as far as I remember. You sounds bit different.
There are many ways to serve human beings. Members might be serving also.
You might be knowing that many born with Golden spoons having 1000x more than financial index are running out of their own country. Feel free to comment.

​@JSK✨ , If you are planning to get into swing trading you can look at Nifty and other ETF's.
Main advantage STT is 0.001% (only on sell side) for Indian ETF's and 0 for foreign ETF's listed on NSE/BSE (like NASDAQ 100 ETF) compared to 0.1% STT for normal stocks.

If we are doing a lot of delivery based buy/sell, charges can take away a good chunk of profit.
Nifty ETF can be an answer to that and also there is no big risk with unlike individual stocks which can give extreme overnight moves.
All the best for you new venture 👍

​@PKRAJ @GrayIsTheNewBlack Thank you both, appreciate your reply!

>> Please note, I'm not suggesting to go away with IPO at all (in fact we are in 100%) but atleast make some changes in your strategy with new thinking based on certain parameters mentioned below.

>> But do you think, you are going to get more than your LUCK

>> If you are planning to get into swing trading you can look at Nifty and other ETF's.

This topic more falls into profit and/or wealth. So far, we had focused on profit only but now, i'm more thinking towards wealth too. As i had mentioned, we are 100% there for IPO but we kept bar to use post 5L amount from each account into secondary as a positional and strategical investment.

1) One of my relative had suggested swing trading but didn't get time from IPO and were buys accumulating sufficient fund for each account. Now, according to time; will start such mini projects along with daily IPO luck :)

2) Many brokers like Marwadi, Motilal, Anand Rathi and others have service like portfolio management with some charges. You give X amount to them and they manage buy/sell based on their research/calls. Many of my relatives have large portfolio (in crs) and earned good except they have old stocks without selling them in between.

Let's see moving ahead.

Warm surprise to some action on secondary market page of CG https://www.chittorgarh.com/newportal/stock_market_discussion_forum.asp

Hope to see good suggestion here. Bhasin saheb giving 400+ target for Hindcopper in 3 years, should we beli5? Stellar move recently but pe above 60.

Thanks @CB bhai for sharing this page. However, i'm looking for more fanciness, filter and search within secondary market stocks page. I will post UI suggestion later to admin as a separate post.

I kept suggesting Varun Beverages, JSW infra, IRFC, Concord, HindCopper and others in https://www.chittorgarh.com/ipo/ipo_discussions.asp?a=1597&c=706845&ap=0. I have suggested since more than a two month whenever people were asking for portfolio stocks. Seriously most of the stocks remained way good but credit goes to upward market + BJP state wins.

Anyhow, started posting with my first favorite stock which i already bought some and will add more in portfolio stock for long term: https://www.chittorgarh.com/newportal/feedback_discussions.asp?a=0&b=0&c=60984&r=18

PS:
I will just post my secondary stocks which i buy without replying to everyone's post otherwise most of the time go over here instead of real research.

I hold Gandhar Oil , India Shelter 420shares , and Graphis Adds ( heavy loss)which are allotted in recent IPOs .Your suggestions please

U always provide useful information. Ru not applying in IPOs? If yes, what's ur performance in getting allotment?
Regards

​@JOYS Sir I always apply in good IPOS, but rarely get allotment as I apply only from 1-2 account.

In 2023 received allotment in 2 good IPO and 1 bad IPO.

🙏

My friend last allotment was MRF

​@Paymzia Hope he didn't sell on listing 😅.