Cool Caps Industries Limited IPO Message Board (Page 1)

@Avenue,
I did not apply here due to clash that time with other IPO's. Looks very strong and also this company has potential to grow. I regret missing out this one. all the best to those who are holding for good profit. 👍

Thanks

@avenue: since you have still 2 lots with you, so may be you can book profit in one lot today if it moves up again today around 63-65, it has given good upmove already from 41 levels....then you can keep holding remaining lot for some months for 80-90 target....

Thanks Lokes

Too much selling pressure, people has put lot of sell orders at 11.40 too...so this listing will also be like flat looks like :(
Anyways as informed i will hold one lot for longer and one I will sell.

it is purely operator game.
Normal person never put sell order @11.4
We are learning on daily basis here.
Now the price will zoom

Someone putting sell order @11.4 in pre-openings is not surprising as buy order @50 may not be surprising. Pre-opening quoted price on listing day are mostly for price discovery and actual transaction may not be happening at this price at all.

@IPO mitr. Normal retail/hni seller wont put 11.40 even if he want to sell at par. If the stock is not good, he can be trapped at lower price if every one is selling.

If a buyer ( who has existing decent lots ) want to buy good lots at 38 would put sell orders at 11.40 and buy orders at 43-44 to capture 38 price where his sell orders > buy orders. This is what happened today. Otherwise UC and further demand wont happen after listing.

@ ipo-mitr: there is difference in both, its basic things if you have seen properly today. 11.4 is even much lesser than half of 38 and no. Of shares order were around 1.44 lakh, that's too big...and upper circuit price was double as normally which is 76 but there were no orders at those prices and even there were very few orders at around between 50-60 so obviously selling side it shifted a lot.... normally lower side circuit is half price until more pressure comes on sell side and normally there are orders on both upper and lower circuits but here it was not like that...and that was mainly looks like operators play only.
Anyways doesn't matter, in the end, share has moved up finally....as per his financials and expected levels....still as i informed in my post to buy below 40, so if someone had bought today then definitely he is getting benifit and will be benefited in future too.
I am holding it and sure of reaching it around 42-45 minimum in short term .

In my practical experience, operators earn money mostly with transactions which very few others are expecting.

IMHO, large operators were actually bullish from the very beginning but when everyone is bullish it is difficult to add more shares from market because between upper circuits, virtually there are no sellers and that is why operators may have put 11.4 level sell order to bring down price inducing more selling with much lower quantity used to manipulate stock price and when selling pervades through listing day....these operators take U-turn ....buying back much much larger amount than they sold in the begimning.