380. GuruMahadev| Link| Bookmark|
January 16, 2023 7:50:06 AM
Top Contributor (200+ Posts, 100+ Likes)
Chaman Metallics Ltd name in NSE please ?
379. Vultureee| Link| Bookmark|
January 16, 2023 7:33:41 AM
IPO Mentor (500+ Posts, 300+ Likes)
HEM ka jalwa chalega idr 🎂
378. M Gupta| Link| Bookmark|
January 16, 2023 7:11:59 AM
IPO Guru (1000+ Posts, 3100+ Likes)
Lead manager Hem,
Naam hi kaafi hai
377. SSingh| Link| Bookmark|
January 16, 2023 5:09:07 AM
IPO Guru (1400+ Posts, 800+ Likes)
All the best to allottees for the bumper listing… Prabhu Shri Ram sabka kalyan karein, aisi kaamna hai…
Jai Shri Ram… 🙏🏻🙏🏻🙏🏻
376. SSingh| Link| Bookmark|
January 15, 2023 4:04:46 PM
IPO Guru (1400+ Posts, 800+ Likes)
I have got 1 lot of Chaman and as other investors I do want listing at ₹100! BUT a few points to consider:
1. IPO of Chaman came at 7.22 P/E whereas average P/E of this industry is just 7.95.. Feel free to check moneycontrol app for reference. ‘Tata Steel Long Products Ltd.’ And ‘Jindal Steel’ belong to same industry as Chaman (Sponge Iron).
2. Hem and the Chaman promoters are not fools to launch an IPO for dirt cheap valuations. Valuations of this IPO are reasonable and as per industry standards. Thanks to Hem and Promoters for being genuine in valuations. So please don’t compare this with other SME ipos as PE comparison must be done within the sector.
3. Growth-wise, Chaman has a lot to cover! In short, listing above ₹60 is good enough and reasonable for me. Upar jitna khule utna accha but will buy another lot only if it comes again at around ₹40-₹42.
May sound stupid but this is my honest analysis and investment funda. Baaki jisko jo karna hai karo, but baad me rona na pade isliye thoda khud bhi research karo.. 🙏🏻
I will hold my allotment with the stop loss at ₹50.
I think you are comparing it in wrong manner. There business is not similar like Tata steel.. although sector is same but there is difference in products.. As per DRHP.. it's industry PE is showing 36.
100% correct. Best to book profit if it hits 60. This is commodity business HEM has correctly valued it. Do your research properly before jumping in buying it at any listing price. Save your hard earned money.
376.3. SSingh| Link| Bookmark|
January 15, 2023 6:49:17 PM
IPO Guru (1400+ Posts, 800+ Likes)
@Noorul bhai, Agree on your point but finding exact same listed peer is very difficult. Chaman deals majorly with Sponge iron and Jindal ans Tata steels are leader in it. So it’s better to take those as reference, it not as peers. Anyways, I will take exit above 100 and will keep holding with a stop loss of ₹50.
All the best for listing 🙏🏻🙏🏻
376.4. M Gupta| Link| Bookmark|
January 15, 2023 6:55:55 PM
IPO Guru (1000+ Posts, 3100+ Likes)
on lighter note, no offence plz,
whoever feels its fully priced @ 60/-, Please feed your shares @60/- in pre open for sell, atleast hamara bhala ho jaayega, I will feed one lot buying @ 70/- or may be 72/-.
@Singh ji.. it's not fair to compare SME to mainboard Giants.. Sme has whole different game.. and most of the times fundamentals and valuation takes a back seat.. here in Chaman everything is F9.. Wont list below 72. All the best to you for your one lot..
@Noorul, I got the allotment in all three. Chaman, SVS @ Rex. Sold in Rex but holding in SVS...
376.10. ipo share| Link| Bookmark|
January 16, 2023 7:35:05 AM
IPO Guru (1500+ Posts, 700+ Likes)
@SSingh Nice analysis 👍
376.11. SSingh| Link| Bookmark|
January 16, 2023 8:19:16 AM
IPO Guru (1400+ Posts, 800+ Likes)
Thanks sir 🙏🏻
376.12. SSingh| Link| Bookmark|
January 18, 2023 8:50:30 AM
IPO Guru (1400+ Posts, 800+ Likes)
After a long while, I feel I was spot on with the valuations. Considering the selling orders looks like it should be closure to the buying price, as I mentioned in the first comment. I'm holding 1 lot and was planning to add today but considering the selling pressure, I will rather wait to come down further until heavy buying support comes. Thanks.
Sr. No. Company Name ISIN Quantity Debit / Credit Date and Time 1 CHAMAN METALLICS LIMITED # EQUITY SHARES INE06PV01010 21000.000 Credit 12/01/2023 17:45:36
Your investment should have been 22 CR, means with this money, had you applied in right manner, you should have got 16 lots precisely. Sorry to see you getting only 8 lots. Anyways, wish you best for the next IPO.
374. Manan Surana| Link| Bookmark|
January 16, 2023 12:22:36 AM
Top Contributor (800+ Posts, 200+ Likes)
hello everyone , sorry for an irrelevant question here but i am holding a few lots of kaynes technology, Harsha engineering and uniparts, what should i do ? what will be good price to exit , should i wait for quarter results? kindly suggest