Ducol Organics And Colours Limited IPO Message Board (Page 13)

A stock of SME listed in Sept. 22 at Rs.70 the offer price and closed at lower circuit, is now one of the best SME of the year 2022 now traded at 455. Going through the page of this stock, found the issue subscribed by HNI 2.18 and undersubscribed by retailers 0.76. Full allotment to retailers. On listing many sold in losses also. The opinion of our Top Contributor and Guru were not in favor of this one. Some commented, never want to visit this page, flop show beware and stay away. This happens and frustration also.
The is is non other than "REHTAN TMT" SME. Recently the Board of Directors considered and approved the company's migration from SME platform to main Board of BSE and NSE subject to approval of members. The company has announced 11 shares against 4 shares held.Also announced a 1:10 stock split also. How GREAT it is.
Share Market a non predictable Market. But lovely.

@ noorul sir , lokes sir and other experts....whats your view on Mega Flex Plastics and JFL Life science. Can it be purchased at cmp?

@ Gaurav.. I didn't invested in JFL.. as I don't like pharma in SME segment. Just few of members were talking about bulk deal in our group.. so I didn't aware of that cross entry at other side too.
IMO one should set at stop loss of 40 now.

JFL 16% UP today.

APPLY only for subscription 50 TIMES +

10% + or 10% -

@ Smeipoking,
Please explain what you want to say.
Should We apply only if subscription is greater than 50 times?

DUCOL SUB TO 15000 IN AHMEDABAD

PICTURE SHARU MERE DOSTO

@KAPPO
Thanks for updating 👍

Thanks.for your Information and view.please update regularly as Usual
you R Real Helpful ..Here

PREMIUM 8 RS BUYER IN AHMEDABAD

Baapu jorma...

KAPPO BHAI KEEP UPDATING FOR INVESTORS...AS EVERYONE HERE KNOWS YOU R GIVING GUINNE INFORMATION

Great things come in small packages. Perhaps, investors who participated in the public issue of small and medium enterprises (SMEs) in the last one year will vouch for it. If 2021 was a blockbuster year for mainboard IPOs, 2022 turned out to be the year of SME IPOs with over two dozen stocks offering more than 100 per cent returns.

Data compiled from primedatabase.com show that 87 out of 109 SME IPOs that hit the capital market in 2022 offered listing gains to investors. The highest gain was 229 per cent. Eight SME IPOs have offered over 100 per cent listing gains to investors. In contrast, 25 out of 40 mainboard IPOs that hit the market last year delivered listing day gains.

True. Infact my quick analysis done on all 11 SME IPOs listed in December suggests that even if one blindly bought one lot each on listing day at open and sold it on 6th January (which was a bad stock market day than average December days), one would have made ~4% return in one month on ~15L rs. So I do not understand why some retail investors rush to sell at loss (real or opportunity) on listing day.

One selling, other purchasing thats why price is changing.

I just checked the share holding pattern; It shows Virtuous capital as shareholders they were the shareholders in Bew Engineering & Vaidya sane both the issues have done well for shareholders.

what's your view pls guide

Few tips for newcomers.
1. Third party applications are ruled out. Some registrar are not following it strictly but according to rule, during allotment it is checked that PAN from demat and bank must be same.
2. There is no problem in minor changes in name. Finalization of allotment is on the basis of PAN.
3. Prefer ASBA over UPI. It has no any special advantage during allotment but reduces chance of technical rejections. UPI gives additional time to apply.
4. When issue is over subscribed, apply only for one lot in retail. In overubscribed IPO no one can get more than one lot in retail.
5. Always apply with higher price band.
6. To avoid dilemma in mind, except main board do not select cut off price. put manually higher price.
7. To increase chance of allotment open demat for all your family members. Guide them to handle.
8. Search for Bank from your neighbourhood which allows online ASBA for minors. For minors there are limitations in cash withdrawals, to manage funds easier access to branch is must.
9. When you are applying manually through the branch, do not use photocopy of application form. Each application must have different application number.
For Mainboards:
1. Individual investor scan apply in categories namey RII and NII.
2. Allotment in both categories in done on the basis of lottery when issues oversubscribed. No allotment on proportional basis in any category.
2. NII have two sub categories.
a) from 2L to 10L sHNI
b) above 10L bHNI
Here allotment is similar to retail. Both categories will get allotment of equal lot of 2L generally 14 lots. Only application about 10 lakh get more chances of allotment.
c) Do not select cut off price in NII.
3. AFTER APPLYING IN NII IF YOU ARE FEELING UNSECURED, PLACE ANOTHER APPLICATION THROUGH RII. Both will get rejected.

Put your ideas in reply.

Good one smiley.

@Shy
With reference to your query on 3rd party, generally it is not considered for allotment, with some exceptions, like yours in Axis Bank. If you have no problem of funds keep applying in third party also. You msy apply in more lots in your name also. But all depends on luck. I don't know, who is your third party: friends or others. Whether sharing profit with third-party. If sharing profit, there will be luck of two persons. My views.
@Smile
More SMEs are at fixed price. Only a few with price band. In fix price there is only one price. So must apply with price and not at cut off. When price band is there, cut off will not be a problem. In ASBA, Banks should not keep cut of option in fix price SMEs. But it is not in our hands. Bank is Bank.
Your post is really very informative for new members if they read the full. Keep SMILING.

@zorro
The snapshot I shared is from Anlon and not from Chaman,In chaman's rhp I did not find any clarification whether cut off is allowed or not that is why I agree with smile that one should avoid cut off ticks in retail too.
Your application most probably will be accepted :)
Hope It clears your doubt.
Thanks.

Thanks @ jay
Have you ever applied at cut off in a fixed price SME IPO?

I have not applied in retail category so did not opt out cut off option.

I did some research on issue faced after selling SME shares. Below are few things we can follow to avoid in future.
1. Move to better broker. Everyone knows which one.
2. If you don't want to follow point 1 then follow below:
a) Always put limit order for SME.
b) Pay attention on outcome of e-dis authorisation.
c) Check your email/sms from broker on any post sell authorisation.
d) Anyone wants to add any point?

Viaz IPO

@ KAPPO

Is there any subject 2 rate or GMP running in this SME ipo ?

NO BHAV AVAILABLE TODAY IN SUB TO
BUT PREMIUM AROUND 4 RS

Anyone who is having minor account, please let me know:-
(1) Whether any bank provides online account opening facility with Internet banking and providing facility to apply in MINOR'S name & PAN number (for applying ASBA). Please also clarify whether Guardian's Account is also necessary in the same bank or not.
(2) Whether online account opening facility is provided by any broker FOR MINOR, where I can trade in SME IPOs, particularly in preopen.

I WANT TO KNOW WHETHER PAN NUMBER AND NAME OF MINOR WILL BE DISPLAYED IN ABOVE ACCOUNTS SO THAT IT IS TREATED AS A SEPARATE APPLICATION IN IPOS.

Thanks 🙏

CONTINUE FROM MY LAST MSG.

PLEASE NOTE :
IN ASBA - MINOR PAN NUMBER SHOULD BE THERE IN ASBA, OTHERWISE IT WILL GET REJECTED.
WHEN WE GIVEN REQUEST FOR ASBA IN MINOR, THE BANK PERSON ADDED GUARDIAN(FATHER) PAN NUMBER AND AFTER ABOUT 9-10 MONTHS I CAME TO KNOW THIS ISSUE AND CHANGED THE PAN WITH MY MINOR SON, AFTER THAT WE GOT ALLOTMENTS IN MINOR ACCOUNT.

@hitsur
Thanks a lot. It seems that separate guardian account is not required in Kotank Bank, is it so? Can you also name the kind of Saving Account you're having for minor as there various kinds are displayed online.

I am showing the unbelievable and remarkable case study of sme stock for the new members who have recently entered in the stock market and that too sme sector.

Share India Securities ipo price Rs 41 n lot size 3000 ( September 2017 )
Total investment @ the time of ipo was 41 * 3000 = 1.23 Lac
Cmp is 1208.60
1208.6 *3000= 36.26 Lac
Stock touched ath : 1475
Hence 1.23 lacs invested @ ipo is close to 36.26/ 44.25 ( ATH) Lac in just 5 years only. 😃😃
One may get this type of Fantastic Earning treat in good SME only . It doesn't mean that every smes will give this type of returns but good SME can give good returns than Main ipos.

check bombay super company gave 1:10 bonus 3 time and current prise 282 rs it means your 1.20 laks investment become more then 2 crore. within 4 years

@lrs
An beliveable 🤯😲

Hi…please note that I will apply for ducol thru sbi ABSA from my Fyers account….

in case if I am allotted…Can I sell the shares from my Fyers app ?

Has anybody out here has sold thru Fyers app in case they were allotted….does Fyers provide the facility

Please reply….thank u

@Monster or @Norul
Plz reply which broker's are good for SME apart from Zerodha.
How to manage Multiple bank accounts & trading account

Ducol P/E H1FY23 near 13X,FY22 near 17X.

Its peers and P/E x.

Akshar chem-22
Asahi Songwon Colors-17
Sudarshan chem-28
Vipul Organics-31
Ultramarine & Pigments-14

IMO price is bit aggressive,as new listing it should come near 10-11x pe although it seems it does have still something on the table.Waiting for its demand in grey then will decide.

i have noticed in ducol, common indipendentd director Mr. Ratnakar Rai as well common investor in pre ipo virtuous capital in previous 2 most performing ipo was bew engineering ltd & vaidya sane ayurved lab ltd, both this ipo gave very good listing gain and post listing gain. this is good positive.

And same LM in all two mentioned SMEs

The annualised current year EPS is 6rs..
And PE 13.
Make it a interesting bet.

Whats the PE at 78?

If we consider FY23 PAT of INR 8.5 crores, PE will come at 13x

Thanks Abhishek