Diffusion Engineers Limited IPO Message Board (Page 1)

​@Esparando Even I have notice it ...see my message on listing day. There may be very few people get allotment of Diffussion.

Yeah, and the strange part is, even after the 11 lakh bulk deal from Prashant Jain there is pin drop silence.. I guess this has more legs in medium term.

And looks like not many bought this in pre open as well...may be due to current market conditions.

So after this bulk deal effect as well as uavailability of stock .....what you think how long the upword rally will be goes?

I just realised 3p india equity fund also is in anchor with 8 lakh allotment.

So out of total 94 lakh shares, Prashant Jain's 3P fund has about 20 lakh shares and HDFC has about 11 lakh shares. So these two account for 32% of total float. And they are not in the game for 20-30% gains.

While I bought this in pre open for quick money, now I am not at all thinking to sell this off (atleast not before 300/-) and also this holding will not impact my capital for future IPOs. So, can wait.

To answer your question, Many things going around and it may hit LC as well, who knows...I honestly have no idea...but I will just hold on to it.

Its not just about big names, its more about the percentage of stock they bought and I know about Prashant jain, he is a value buyer. He is not satisfied with anchor allocation so he again bought from open market even more.

​@Esparando Thanks for reply Sir

​@Gavin Looks like only we two are left on Difussion forum holding the stock :-)

​@Esparando @Gavin I bought 1000 qty in pre-open at listing price. I am still holding it. I will add more if it goes below ipo price. I am holding this for medium to long term view. It should give good risk reward going ahead.

​@Gavin @Esparando No. I have been alloted 1/10 SHNI & 2/37 Retail. I have not sold a single share.
Only thing is most of members do not post. They just read the msgs.

Nice to know we are not alone in this club :-)

See@Esparando

Hey, why you have to put screenshots. We trust you. I was just saying that we are now more people holding Diffussion who can discuss.

You seem to the big boss holding more number of shares than anyone of us :-)

I have 400 from pre-open. If I knew Prashant Jain was in anchor book then I certainly would have bought some more in pre-open.

Lets hope there are few more UCs before it moves side ways.

​@Esparando yeh. I am not that much big. I am twice that of quantity posted(half of money being blocked in KRN heat exch). Thats it.

Dear @Esparando , I'm holding one retail lot too.. Got to know about 3P stake only through your post... Let's see how far it goes.. thnks

So the UC testing time is very close by. Either today, if not then very highly likely tomorrow.

A good sign I have observed is when the stock breaks UC and then huge volumes happens and then manages to close at US again..thats a great sign of accumulation...coming 2-3 days tell us how this behaves.

I bought 550 shares@193.50 on listing day. I was nervous initialalky, now feeling ok By seeing all senior members like yours views and discussions here.
Thanks

​@Vinayakumara M R Welcome to this chat we are here waiting for people who have allotted or those who bought shares on listing day for there views/opinion on this share.
@Esparando I think couple of UC seen in next few trading seasons as there are almost 10 lakhs shares of buying orders Pending every day close.

Yeah, I did not expect 10 lakh buy order today.

But sometimes it could also be misleading. I mean, since the listing the stock has already gone up about 25% and from IPO price its around 45%..so another couple more UCs may make tempt people to book profit. Anyways, this showed strength that I have not expected. I knew this is a long term good stock once Prashant Jain entered but have not expcted this level of strenght back to back.

But I will be very watchful tomorrow and Monday. 300/- or 6 months which ever comes earlier is my target and 3 more UCs may tempt me :-)

Did u see how 9 lakh order just order sold out :-)

Easy targets for operators are these low float ones.

After breaking UC, now if this closes UC again with 20 lakh plus volumes then that would be real strength to take it further in short term as well. Lets see.

​@Esparando I lost patience today. Sold 2 retail lots(being outsiders i.e. relatives) & 732 shares out of SHNI at avg of 239. !
500 share on hold

Sir मेरे पास भी है 1132 शेयर्स सिर्फ 132 बेचा है

132 share sale 1100 h abhi

Played as per script luckily but with lesser buy orders at UC on Friday closing.

Looks like 240-250 could be the range where it could settle for sometime before making an upmove.

Still holding all what I bought in pre open.

But downside below 240/ for now looks to be restricted (provided markets are stable)

300/- target met, sold off 45% of the stock at UC today. Greed crept in :-) so waiting for some more upside to sell off the remaining 50%.

Another couple UCs meaning the stock doubling from IPO price. Wow..that did not seemed coming so soon.

Only and only reason for holding the stock is 'Prashant Jain' ... A big thanks to him!

Exited remaining shares at 302/-.

Bye bye Diffusion ...

​@Esparando  Thanks for your guiadance including Prashant Jain stake news
I am also exited with 75% of shares little below 300/-

Now its again at around 320/- so planning to exit balance 25% with 325/-

The volumes I see in this stock of crossing 20 lakh shares consistently almost every other day even after 10 days of listing is baffling. The availble stock in market is just 66 lakhs.

So either there is tremendous interest from institutions or there is lot of operator play since the float is so less.

I feel the later is correct. Though the company looks to be great (validated by HDFC and Prashant Jain) I sense it becomes tough to get an idea of the price movement when operators are at play...so I exited.

Any fall below 250/- could be considered for medium term investment I guess.

Raise a complaint via crm,, Happened with me multiple times and it got resolved within 3-4 days,, Just that you need to follow up with the branch multiple times

Call 022-22719114. This is IPO helpdesk of SBI. They will release hold instantly.

02222719114 this number not in use.

Sorry Vihana bhai, i do not have Indusind Bank, so, i cannot comment on it. But, looks like just bad luck...

Upstox allows selling IPO in pre open