Ok, now that IPO rain is done and no other IPOs in line for a few days (as of now), can anyone suggest where to park the fund which gives better than saving a/c, or FD?
Any suggestions? (Except transferring fund to you :), serious suggestions pls.
Put it in FD linked account, sbi offers MOD facility but only problem with that is 2 PM is the closing time for IPO''s ICICI also offers breakable FD, pls check it.
There is too much euphoria about the listing price. I think it will list around 785 to 850 and settle around 800 for the day. The move thereafter is market dependent.
467.1. CSK| Link| Bookmark|
December 23, 2021 9:54:18 PM
Top Contributor (300+ Posts, 500+ Likes)
Looks like u not received any allotment. Share will list above 1000.. Just wait and see
The writing(listing price) is in the wall. It will go till 730 and bounce back to 800 during the day. You are correct, I didn''t get alloted in DP(retail), but had my bet on Medplus (HNI) which have similar returns. I will buy DP at 730 today if it comes or buy above 885 on closing basis.
@DSR Have few doubts on this, QIB not always sell after 30 days lock in period? They will continue to hold if it is a Good one for long term. Also i can see Bulk deals happening for many IPOs on the listing day. And also i verified few Big/Multi fold listed ones like Happiest Minds, Paras, MTAR Tech etc. They all gone up heavily after few months of listing and not come down in the next month of listing. Your views please.
You are absolutely right, not all QIB will sell but there is overhang for 30 days..whether they will sell or not.. so almost always we get good opportunity to buy at lower levels in the first month. Even MTAR was available 10%below listing price in 30 daysand 15% below in 45 days.
466.3. ipobull| Link| Bookmark|
December 24, 2021 1:01:06 PM
IPO Guru (1000+ Posts, 1000+ Likes)
@ DSR, Although there is chances of selling by QIBs after the lock-in period, there is no guarantee of it. So, if we find right value for a pretty good company with prospects of future growth, we must buy it after little bit of selling & consolidation after listing.
@ipobull you are absolutely correct..there is no guarantee.
466.5. K.Atar| Link| Bookmark|
December 24, 2021 2:33:14 PM
IPO Guru (1000+ Posts, 700+ Likes)
Though i was not allotted dp in ipo. today i bought 60 shr, to see how it performs at least for the march quarter.
466.6. K.Atar| Link| Bookmark|
December 24, 2021 2:50:27 PM
IPO Guru (1000+ Posts, 700+ Likes)
after mmi ipo qib subs, this is 2nd most subscribed by qib by 190x, 3rd one is med+ almost 111x, this gives enough idea about the intentions of qib for mmi, DP and med+ DP has sound financials and it has govt support too for make in india push.
Nothing wrong with profit booking bcoz kal kisne dekha hai. But buying at dips make sense if there is a look for long term. While taking care of short term need of money.
The views are personal, may be favored coz i bought DP and Med+.
Rs 750 right price to enter for those who could not get allotment
463. lokes| Link| Bookmark|
December 22, 2021 11:12:00 AM
IPO Guru (4400+ Posts, 5100+ Likes)
@finsure @others: i feel it will list around/above 780. Company is good, sector is good, financials are growing at good pace and in future also, it should do good. QIB subscription numbers were one of the best here (though even it couldn''t save some recently listed ipo for going too much down after listing). I feel here if getting 850 or above price on listing day, then profit can book in short term then later can be bought again on dips for long term or else better to hold this for long term whoever got allotment (with stoploss of around 700 to protect profit). For those who didn''t got allotment, Any price around 730 should be good to buy. I don''t think it will go like tega or mapmyindia way after listing, means great dip should not come here. Rest lets see on listing, keeping in hope market won''t go down too much again during listing :)
463.1. lokes| Link| Bookmark|
December 22, 2021 2:40:24 PM
IPO Guru (4400+ Posts, 5100+ Likes)
Not allotted anything here :( I will try to play here listing day buying and selling in 1-2 days as i mentioned in mapmyindia below thread too which went similar way. https://www.chittorgarh.com/ipo/ipo_discussions.asp?a=1187&c=478347&ap=0
463.2. lokes| Link| Bookmark|
December 23, 2021 5:31:20 PM
IPO Guru (4400+ Posts, 5100+ Likes)
+100 now in all above numbers. Above bullish view was when gmp was even 150-160 only, since gmp recovered and medplus also had good listing as expected and markets also doing good and i have already positive view for this company, so all numbers in above post can be considered after adding 100.
463.3. lokes| Link| Bookmark|
December 24, 2021 9:57:14 AM
IPO Guru (4400+ Posts, 5100+ Likes)
Listing is in expected lines....856 .... We shouldn''t overhype things and shouldn''t expect too much always...if so many people saying 1000 plus it doesn''t mean it will follow MedPlus etc....every ipo will be different story....and anyways today market also not so supportive...
MedPlus listed above expectation it got the support of Overall market also but disappointment for Mappy & Data both below par and big selling pressure after listing
463.6. lokes| Link| Bookmark|
December 24, 2021 10:57:19 AM
IPO Guru (4400+ Posts, 5100+ Likes)
@rocky: Good price to sell in short term was preopen normally for all stocks (some dependency on listing/market) , for long term, this stock is good but can be bought at lower levels too.....now if u are holding then may be keep holding it for 6 to 12 months at least to get 1000-1200 rs
Out of recent ipo frenzy, medplus and gocolors exceeded the expectation of everyone. Thank fully I was allotted both. It was a good year. 6 allotment in total. 3 linkintime, 3 kfintech. I hope to see a better result next year. Best of luck retailers for the next year!!!
864 high hia7500 profit ho gaya , maths me fial hua tha kya
458.3. lucky boy| Link| Bookmark|
December 24, 2021 10:45:26 AM
IPO Mentor (1300+ Posts, 400+ Likes)
@Jo bhi kaho sorry correction here,,,,,,, map my india 7500 data pattern 6600.. hie hie galti se mistake ho gaya................
458.4. lucky boy| Link| Bookmark|
December 24, 2021 10:47:01 AM
IPO Mentor (1300+ Posts, 400+ Likes)
@ ROCKYBHAI , about selling strategy preopen main 0 dalke ,market order kiya toah reject hua,,, fir 1170 pe buying dala toah order cancel hua. fir 10 baje sell kiya.........
458.5. CSK| Link| Bookmark|
December 24, 2021 10:47:40 AM
Top Contributor (300+ Posts, 500+ Likes)
I am looking1000. Wait for the next year.. No worries.
Let''s have a listing poll... people can post just the letter they think it can list from the following options....just copy and paste the amount in your reply below this thread. We''ll see the % accurateness of this poll.... A. 800-850 B. 850-900 C. 900-950 D. 950-1050 Choose an option and paste the amount below this thread.⬇️ Poll ends @ 9.45 am tomorrow.
Jitne pe list ho but list hone ke bad profit booking rahegi, so kisiko fresh purchase karna ho to pre-open me buy order ka meaning nahi hai, aur aaj market bhi jyada volatile bhi lag rahi hain..
450.1. Nidhike| Link| Bookmark|
December 23, 2021 11:15:42 PM
Top Contributor (300+ Posts, 500+ Likes)
MTAR vs DATA PE. 120. 50 CAGR. 15%. 30% sales19-21 ROE. 13% 19% ROCE. 27% 34%
450.2. CSK| Link| Bookmark|
December 24, 2021 8:31:21 AM
Top Contributor (300+ Posts, 500+ Likes)
1150+... I did some mistakes MTAR.. Sold everything around 950.. But shares zoomed after that.. Data Patterns is must hold.. It is bigger than MTAR... Thanks for the valuable info Sir Ji.