I'm still holding. Till when do you plan on holding @RAG ? I planned to hold till 150s but now confused if I should just sell it. I saw a block deal at 129, so I doubt that something is at play here. Maybe I'm reading too muc into it. Deadline of holding is next week end, cause Nov 5 is when promoters get free to sell.
I cannot understand how did the sales increase by 30-35% when production has remained flat and inventories have increased by 10 crore. Bottom line might be justifiable but I can't figure out how they increased sales. Products just don't have 40% price increase in 1 year.
132. IPOFreak| Link| Bookmark|
September 28, 2023 1:26:18 PM
Top Contributor (200+ Posts, 100+ Likes)
Hi, My ASBA for Cellecor IPO is still not unblocked. Whom shall i contact for unblocking? Registrar or Bank. Registrar is not responding on calls.. TIA
@MarketmakerRavi You must have received a mail from the registrar to inform you about non allotment. Send them a mail. The mail should contain company name, application number, number of shares applied, amount blocked, DP ID, Client ID.
I didn't received anything for this and I couldn't find non allotment status in skylinera website as well... Seems strange as it's showing in executed status in SBI asba
@MarketmakerRavi "Executed"? that means you got allotment? My advice to you: Visit nearby SBI branch and ask them regarding this transaction. If you did not get allotment you can instruct them to unblock your money.
I reached out to bank but they are telling until they can get from registrar nothing they can do.. it's pathetic.. is there any way to complain on registrar?
Retail Money eroded in this script. GMP is total Fraud.
127.1. PeterEngland| Link| Bookmark|
September 28, 2023 1:39:22 PM
Top Contributor (300+ Posts, 100+ Likes)
whose money is eroded? I sold at upper circuit, got less than expected but not at loss. Retailers who put Sell orders at lower circuit got what they deserved.
Cellecor Gadgets opened at 92, it's 5%uc is 96.60. Hi Green Carbon opened at 77, it's 5%uc is 80.85 and Marco Cables opened at 38.70, it's 5%uc is 40.63, so after round of it is 40.60. All three have uc @5%.
Those who are talking about GMP they are not realising the situation at all. Now it is under 5% circuit, then after a few days if 5% circuit continues it will come under surveillance. If this is the situation then it will go to 150 after one year despite positive trend. In that case future ipo will come in face value as it was 25 years back.
@RAG First 10 days it is 5% of listing price. All had different listing prices After 10 days the 5% get removed. But now wef from 03 Oct the new rules will strangle them.
120.1. ManishDwiv| Link| Bookmark|
September 28, 2023 11:22:18 AM
Top Contributor (600+ Posts, 200+ Likes)
sme.party over..better to go in mainboard.
120.2. Takamichi| Link| Bookmark|
September 28, 2023 11:29:32 AM
IPO Mentor (800+ Posts, 700+ Likes)
Be a investor .....stay invested
120.3. Kapz| Link| Bookmark|
September 28, 2023 11:37:51 AM
IPO Mentor (800+ Posts, 400+ Likes)
@Takamichi spot on! Instead of relying just on others’ viewpoints and GMP, add your own study and ensure you’ve good understanding. Then decision to stay invested, or exit, or buy in pre-open becomes easier.
119. SOAM| Link| Bookmark|
September 28, 2023 11:34:21 AM
Top Contributor (900+ Posts, 100+ Likes)
Euphoria at its peak. On a lighter note, aaj toh allotment nei milneka koi gam nei.
118. Takamichi| Link| Bookmark|
September 28, 2023 11:33:32 AM
IPO Mentor (800+ Posts, 700+ Likes)
Chavda and madhusudan had good GMP and listed way below GMP and still had to face LC....so it was expected some effect will be seen till some sme hold up to their GMP and start going up..... I have bought most of recent sme in pre-open..... It plays in favour some times and sometimes it don't.......Part of the play.....
117. Anuwak| Link| Bookmark|
September 28, 2023 11:01:46 AM
Top Contributor (200+ Posts, 100+ Likes)
Yeh kis tarah ka khela kar gaya Cellcor. Infact Hi-Green too. 60% GMP ki bhi koi value nahi reh gayi hai matlab?
117.1. RAG| Link| Bookmark|
September 28, 2023 11:08:05 AM
(400+ Posts)
Not understand 5 % upper circuit. First time seen. Today 4 sme ipo listing. All have 5 to 7 % upper circuit
117.2. ipo share| Link| Bookmark|
September 28, 2023 11:11:46 AM
IPO Guru (1600+ Posts, 800+ Likes)
Maximum retailers may have exited in pre open as volume is already 16 lakh shares. Very heart breaking for them as they hardly get allotment and big fishes don't want to give any profit to them in rare allotment.
It's lower circuit is shown 87.40 and upper circuit 96.60. Seen first time in ipo listing.
117.4. Anuwak| Link| Bookmark|
September 28, 2023 11:32:08 AM
Top Contributor (200+ Posts, 100+ Likes)
Itna jyada GMP tha ki pre-open me lene ki socha bhi nahi.. Maine to 3 app pe check kara ki kahin update nahi ho raha ya sach me itne me hi list huye hai.
5% circuit is after the listing sir... There is 90% listing circuit for bse sme and no circuit in nse... If it lists at 100 then 95 to 105 is limits...since this listed at issue price of 92 the range is 92+5% and 92-5%
115. BLUE WHALE| Link| Bookmark|
September 28, 2023 11:17:36 AM
Top Contributor (400+ Posts, 200 Likes)