Nothing can be done brother few IPOs are like this vivo,safa,sabar.safa listed at 17 and i bought safa at 12 it went down till 8 and went up till 16 now again at 9 though the results is good.i am holding it at 25% loss for almost 8 months.next time buy only if it lists flat or less premium.if you are new comer just apply and wait for allotment don't take risk unless you have some profit
@deps @arca i Hope all recover their capital soon..... We all have done similar things/mistakes at some point .....patience is the key..... I also have sabar 2 lots ....making huge loss on it ...... Atleast on this u have good realistic chance to cover ur loss .....
Same pattern as sabar flex .... There too someone use to put fake order and then delete and the demand never built and sabar is giving one of the worst return from these year after listing at high .... Listing on a high and is down 33-40 percent from listing .....
71.2. CL BASSI| Link| Bookmark|
November 23, 2022 9:06:36 AM
Top Contributor (500+ Posts, 100+ Likes)
Kya stock h open with LC 41.20
71.3. Takamichi| Link| Bookmark|
November 23, 2022 9:14:06 AM
IPO Mentor (800+ Posts, 700+ Likes)
I think reason for this dismal performance was the limit on bse upper circuit..... 3-4 people put the heavy buy order at 1.9x and then with low size, there was not much lots on sale and it ended up listing at such high price...... I was also planning to buy at around 40 which i had posted but it went so high and had such high buy order at UC, that it was never worth the effort after that.... Was looking to jump into this at43-44 but seeing how some big gun or operator is playing here, better to look into it after it comes out of T+2 trade..... Today also someome put a big sell order and then removed it.... Why would someone buy a stock when he/she knows someone is going to dump more lots
70. Takamichi| Link| Bookmark|
November 22, 2022 9:10:40 AM
IPO Mentor (800+ Posts, 700+ Likes)
Someone is looking to dump 1.4 lakh shares..... Was put to sell and then removed...... Was looking to buy but seeing fake orders being put out and then removed, not gonna jump into daps ..... Yesterday also someone was doing like this .....
69. Anshujii| Link| Bookmark|
November 21, 2022 1:40:15 PM
Top Contributor (700+ Posts, 100+ Likes)
Finally able to sold my alloted asingle lot with half of the profit...kuch nahi se kuch hi acha hai ... lesson learnt
Fifty percent profit is a good amount..... Think about few retailers who bought it at pre-open and then at high of 59-60..... They r stuck here..... They r already around 20-25 percent down on their capital.... I hope they atleast can break even on this soon
68. CL BASSI| Link| Bookmark|
November 18, 2022 5:11:37 PM
Top Contributor (500+ Posts, 100+ Likes)
May be one more precision metalic(PM) in making Listed very well , then it reached to ipo price ...but now trading almost 40% below ipo price
I hope and wish it doesnot take PM path ( reversal possible may be at around 40 )
Note : don't have any lots , but wish to enter around 40
67. Takamichi| Link| Bookmark|
November 17, 2022 11:49:41 AM
IPO Mentor (800+ Posts, 700+ Likes)
Even operator is not touching it..... Normally operators atleast buy one or two lots at LC and sell one or two lots at UC to keep the stock running ....but nothing on that line being done for the stock....
Correct Lokes. Its a company doing business from 1999. All traditional and modern ways of advertising. Hooefully it recovers quickly and go above the listing price. Lokes, are QIB still invested in it or sold listing day
@Takamachi Ji : still its not started regular trading, i allotted 2 lots, don't know what to do, Please advice @ Lokesh Ji, Tried for last 3 days to sell on LC but failed to do so what to do, Please advice
@NG i will advice u not to put sell order now.....it's coming in good buying range now....from Monday it would be available at around 45 and below which is a decent buying zone..... Anyway u won't be able to sell if one or two lots r able to get sold ..... And if there is more lots sold then there would be reversal ..... So i would advice u to not put sell order now..... Lokes can give better input and advice on this.....
Disclaimer: anything can happen in sme, i m telling this from past sme movements..... And take advice from any place u want but follow what u think is the right for ur money
@NG if u get multiple lots allotment, from next time iwould advice u to book profit in one as it hedges any loss/reversal on other lot. ..... Most people with multiple lots try to book a some profit to hedge if loss happens in future
66. CL BASSI| Link| Bookmark|
November 17, 2022 9:28:35 AM
Top Contributor (500+ Posts, 100+ Likes)
Today ya tomorrow it will up up up
65. lokes| Link| Bookmark|
November 14, 2022 4:56:26 PM
IPO Guru (4400+ Posts, 5100+ Likes)
anyone able to find this script in moneycontrol ? am not able to find....
The anchor investors list and subscription figures were great and market was positive for this company business. Hence price should shoot up in short term
Lokesh ji do you feel this ipo will revive back as there were no trades today and this being just the second day. Will this also trade like veekayem fashions which after super listing was on lower circuit continously for few days?
65.5. lokes| Link| Bookmark|
November 15, 2022 11:20:12 PM
IPO Guru (4400+ Posts, 5100+ Likes)
this is first time in more than 1 year i am seeing no trade in any sme on second day of listing, means not a single at LC price too....so its not a good sign and it looks like it will go for lower circuit for some days atleast until some big buying comes to absorb selling pressure....i sold my allotted lot yesterday only when circuit opened and it was not looking strong demand so i sold at 56.5.... @N.G: since you have 2 lots, so keep trying for selling 1 lot atleast daily so that if you will get some good profit then for other lot, some more safety will be there....
Second day no trade ....any chance of positive ? I thought this is first sme ipo...for this position...first day upper and lower circuit....and second day 0 trade....I hope positive buying
58. lokes| Link| Bookmark|
November 14, 2022 10:00:38 AM
IPO Guru (4400+ Posts, 5100+ Likes)
Great listing here at preopen upper circuit price, will surely hit uc and will continue for some days....i am holding my allotted 1 lot...much better listing than vital here...
58.2. Takamichi| Link| Bookmark|
November 14, 2022 11:42:44 AM
IPO Mentor (800+ Posts, 700+ Likes)
@nani naresh If u look at lokes previous messages here..... He also didn't expect such high listing and had asked for profit booking above 50.... It's a sme anything can happen but it has given more profit to allottess than they expected.... Plus point is that majority of shared has changed hand and at high price....still i think its pricey above 50..... I would have bought at Max at 45.... It may go at any level but seeing the numbers it's a punt and faith on operator to go higher than this in short term
58.3. lokes| Link| Bookmark|
November 14, 2022 1:08:24 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@nani naresh: yes as suggested by takamichi, it looks costlier for new buying above 50.....today also circuit has opened and it came below listing price....so for now, new buying demand is not strong since already listed too high.... so you can wait for some days to see further movement....