Don't put sell order in pre. After listing Just put a sell order 1rs up on a lower circuit price as your stop loss.. that's the best strategy for sme ipo.
@Lokes, Avenue, Noorul: Today SP Refractories listed flat at 90 Rs and also it didnt went to LC or UC. Looks no trading at 88/-
I believe you'll got allocation. What is your listing prediction? I think HNI subscription was less around 4.57 times and mainly due to KN grabbing all the pie....
I got 4 lots and would like to see your expert opinion to keep this for short term to medium term? Thanks again.
75.1. lokes| Link| Bookmark|
March 22, 2022 3:25:12 PM
IPO Guru (4400+ Posts, 5100+ Likes)
i got 2 lots allotted....looks hni actual subscription was lesser than shown here....some might have rejected etc. regarding listing i will post day before listing my opinion....
@Suneel.. I sold SP Ref in preopen @ 90.20. (cost 90, brokerage recovery 0.20 :) .. ) so at par. I had applied in this for listing gain only if any. In Cool Caps, I got 3 lots and I am hoping for a good and positive listing...
Thanks Lokes and Avenue. SP Rectrories recovered to positive by EOD In my view, this will list around 41 to 43Rs. Not an expert, just a guess based on current market conditions and way SP listed today.
I believe this one will list with some premium.. not flat listing like sp refractories. Balance sheet is gud and complete fresh issue. Those who didn't applied.. desperately want to see a negative listing. Anywys its all different matter.. Let's see ..
74.1. Trueinfo| Link| Bookmark|
March 23, 2022 1:18:48 PM
IPO Guru (1900+ Posts, 1700+ Likes)
Withdrawal of HNI applications in this IPO doesn't hold true. The subscription on final day was 4.57. And for BOA it's 4. The variation of 0.5 can occur due to technical rejection and it's invariably there in almost any IPO. So, no such concern is justified. Some boarders are unnecessarily highlighting it to create anxiety among allottees. The company is performing well and price is reasonable. So, every chance, it will list in premium.
74.3. Trueinfo| Link| Bookmark|
March 23, 2022 6:04:02 PM
IPO Guru (1900+ Posts, 1700+ Likes)
@Avenue, refer 66 @ Raghav for stocks, and my comment 66.1 His HNI allotment 33000 i e 11 lots out of 132000 shares I. e. 44 lots. It's possible only when the ratio is 1:4. That's is my source of information.
People received 2/3, 2/5, 3/9 etc in HNI and 2 out of 3 in retail etc etc when HNI sub is 4x-5x and retail sub is 10x - 11x.
For the benefit of all forum members, any very knowledgeable and learned member who has access to BOA can help us in understanding why above allotment nos are justified with these subscription numbers.
Admin, please add BOA document/info to BOA tab of this IPO.
It seems that most of forum members received more allotment than reflected by final subscription number. It seems there has been significant number of fake applications and/or UPI rejections/non-approvals. This doesn't augur well for the stock.
Seeing your message I got concerned... I checked in final application numbers at NSE. and the ratio stands at 7.5 times overall subscription... (relief)
Dear @Lokes, Avenue, Noorul & other Expertise. I have alloted 1 lot. kindly suggest ke listing ke din kya kare ? hold or sale ? listing price kitna rahne ke chance hai ?
33000 shares allotted out of 132000 applied. HNI Allotment Ratio 4:1
66.1. Trueinfo| Link| Bookmark|
March 22, 2022 3:39:57 PM
IPO Guru (1900+ Posts, 1700+ Likes)
That means no shifting of shares from NII to retail. The ratio is in line with subscription with some technical rejections. That should be good for listing.
65. Trueinfo| Link| Bookmark|
March 22, 2022 2:59:02 PM
IPO Guru (1900+ Posts, 1700+ Likes)