But closing price is not the last trade price, it is a calculated weighted average price for last half hour.
530. Manan Surana| Link| Bookmark|
January 23, 2023 11:04:04 AM
Top Contributor (800+ Posts, 200+ Likes)
goodmorning everyone , i have placed another order today for 61.10 price , one lot , it is showing limit type of order even when i put market order? what is this? or it always shows limit type in smes?
Limit order means that the trade will only be executed at the price selected by you i.e.61.1.
Market order means your trade will take place at the best available rates the shares are being offered or bought at. This is standard practice in the stock market,and isn't only applicable to SMES'.
530.2. Manan Surana| Link| Bookmark|
January 23, 2023 11:46:39 AM
Top Contributor (800+ Posts, 200+ Likes)
yes sir i know that , but i am placing market order and it is still showing limit order in my pending orders in zerodha , what is that
Did you buy the shares today? Because then only it would be shown in positions. And tomorrow onwards would shift to you holdings ( would show as T1) and would be credited to your demat ac after t+2 days. So basically if you've bought today ,you would only be able to sell it on Friday because 26th will be holiday(otherwise you would have been able to sell on Thursday).
530.6. Manan Surana| Link| Bookmark|
January 23, 2023 2:26:11 PM
Top Contributor (800+ Posts, 200+ Likes)
Sir please tell me I bought chaman metallic on Friday...can it be sold today as still it is not credited in my demat.. Is there any penalty associated with it?
@A prem your shares must have been credited to your demat yesterday evening and would have also got a mail regarding it. You would be able to trade it today onwards.
528.1. SSingh| Link| Bookmark|
January 23, 2023 9:08:00 AM
IPO Guru (1400+ Posts, 800+ Likes)
Thoda dara diya.. Darr bhi zarrori hai.. 😂
528.2. arvindarvind| Link| Bookmark|
January 23, 2023 9:16:18 AM
Top Contributor (900+ Posts, 200+ Likes)
Sir It is good as those people who are satisfied with this much profit are getting exit.
528.3. SSingh| Link| Bookmark|
January 23, 2023 9:18:21 AM
IPO Guru (1400+ Posts, 800+ Likes)
Yes Arvindji, Zarrori tha.. :)
528.4. ipo share| Link| Bookmark|
January 23, 2023 9:51:42 AM
IPO Guru (1500+ Posts, 700+ Likes)
@Heathslayer Don't be sad, its agin UC. Good for new entrants too that it is giving chance to enter.
527. PLAZA| Link| Bookmark|
January 23, 2023 9:26:39 AM
IPO Guru (1900+ Posts, 1200+ Likes)
HEM SECURITIES PMS purchased 2lacs shares for there clients and SME PMS delivered appx 40% return in last year of hem . further addition of chaman will definitely boost the price of this share,
Dear expert member i am new at this forum I bought chaman metallic 1 lot at preopen on Friday at 55.15.. I want to know can I sell it today or I have to wait till the shares are credited in my demat? Is there any penalty associated. Thanx in advance
525. SSingh| Link| Bookmark|
January 23, 2023 7:18:34 AM
IPO Guru (1400+ Posts, 800+ Likes)
One more SME IPO by ‘Hem’:
Earthstahl & Alloys Limited SME Issue Dates : 27st to 31st January Issue Price : ₹38 to ₹40 Issue Size : 12.96 Crore (32,40,000 Shares) Retail : 35% | HNI : 35% | QIB : 30% Lead Manager : Hem Securities
Most probably, will go full fledged in this instead of ADANI FPO, if valuations etc. are like ‘Chaman’. 😀🙏🏻
524.1. Kami| Link| Bookmark|
January 21, 2023 8:30:26 AM
Top Contributor (300+ Posts, 100+ Likes)
How high are you expecting chaman to run, Because i don't think it will go beyond 90-100 Maybe more because it's sme, but there is hurdle to overcome,
524.2. SSingh| Link| Bookmark|
January 21, 2023 10:33:34 AM
IPO Guru (1400+ Posts, 800+ Likes)
SMEs has no upper limits because growing potential is unlimited. So I don’t have upper targets. Jump in, wait for a couple of years, keep an eye on stock price and results, keep strict stop loss and have trailing stop losses.
That’s it.
524.3. Kami| Link| Bookmark|
January 21, 2023 12:25:57 PM
Top Contributor (300+ Posts, 100+ Likes)
agree with that, But i have struggled on exit. Some time too early(virtuoso, homesfy), some time too late (campus). That's why the targets to exit
524.4. SSingh| Link| Bookmark|
January 21, 2023 12:37:12 PM
IPO Guru (1400+ Posts, 800+ Likes)
It’s hard to enter and exit at best times. I have worst record it seems. Whenever I sold, Stocks becomes rockets. And whenever I bought it was around life time high.. 😂😂
Hem securities bought at 55.71 because they have conviction in this stock. They well could've waited for two more LCs to buy this below 50. I don't think they'll see below 75-90 at least.
522. ipo share| Link| Bookmark|
January 21, 2023 8:41:23 AM
IPO Guru (1500+ Posts, 700+ Likes)
@lokes Sir, in your previous post, you opined that value may emerge around @60 in Chaman. LC turned into UC from your estimated price. Please share whether you continue with your opinion of value buying in this stock after seeing huge selling pressure initially (your prediction of heavy HNI selling came true). I didn't get any allotment. So I want to buy this one if there is value seen in it on fundamental basis. I can hold it for some time. Thanks 🙏
Some times all it requires a UC to change the sentiments and gets back the confidence of investors especially in SME.
A much appreciated move by HEM Securities to buy 57 lots on LC to remove it.. otherwise it would have become a matter of Prestige for them and this script might proved to be a black spot on their Brand name. Others LM should learn From this. Hope they won't sell it anytime soon.. so the things gets back to track.
521.1. SSingh| Link| Bookmark|
January 20, 2023 8:45:38 PM
IPO Guru (1400+ Posts, 800+ Likes)
Hem would have bought from other accounts as well and I am pretty sure they had asked investors who are in their closed circle to buy as well. All of this buying won’t come for selling in near term because they know the potential and fundamentals behind this company.
@Learner .. It doesn't make any sense to sell Chaman now.. when it's upwards journey is just started. Many people who sold it in loss even they are trying to buy a lot now ... That's a beauty of SME ipo.
Hem won't going to sell it any time near because they purchased it from there PMS account.. so they might find the valuation attractive for long term.
521.5. Imhilli| Link| Bookmark|
January 23, 2023 2:08:10 PM
IPO Guru (1200+ Posts, 700+ Likes)
More than 10% volume has changed hands today at UC. In few days, number of sellers will reduce. Hopefully we will be able to see 20%UC on 31st.
Hello Noorul, lokes aur baki sab me bhai o Mene chaman metallic 58.20 me purchase kiya He.to aap muje advice dijye ke me use kaha tak hold karu. Meri hold karne ne ki capacity 6 months ki he
Thank you so much
520. SSingh| Link| Bookmark|
January 20, 2023 7:07:22 PM
IPO Guru (1400+ Posts, 800+ Likes)
HEM ki baat IZZAT pe aa gayee thi.. isliye morning me aake saara maal khaap diya.. Baaki support hamari CG family members ka raha… Chalo seems like all the weak hands are OUT and it’s now towards onward to glory… 🎉🎉
@arvind 55.71 is average price, he bought some in preopen, and few lots after opening. (not all in Pre-e Open).
& It won't Possible to buy such huge qty after opening at such low price, as price go up in seconds.
520.3. SSingh| Link| Bookmark|
January 20, 2023 8:42:57 PM
IPO Guru (1400+ Posts, 800+ Likes)
Bhailog itna maal bika hai, aapko kya lagta hai HEM ne sirf 2.01L shares hee liye… HEM has multiple group companies, sabme thoda thoda liya hoga.. wo to galti se 1 ka naam Bulk deals me aa gaya 😊
@Ram, price band changes when the IPO stock moves from Trade to Trade segment to rolling segment and is done on the 11th day from its listing date. As 26th January is a holiday, the circuit will change on Jan 31st.
12,30,000 volume today. Hem picked 2,0,1000, no one else still touching, the usual members, HUFs. Rest all averaging? First day volume of 31,08000. Is is about financial suspect, commodity valuations? 31 Mar 22 185 Cr revenue, 9.34 Cr profit First half of 22 > 112Cr revenue, 6.81 Cr profit Some disconnect somewhere