Eighty Jewellers Limited IPO Message Board (Page 1)

HF PAT has increased by 50% to 124 L

@Ravu,
Thanks for the update👍, hoping to get some movement here

Thanks

today also downtrend.....

@Ravu,
thanks for the bulk deals information

@Ravu, @snipperRaj,
this will make a U turn today or Monday in my opinion. very less lots available as float (as those big hands bought wont be selling). I am full of confidence, when the new circuit (10%)open, this will fire up (just a day or 2 needed as we have seen recently like MTCL or Swaraj etc). Yes I am also mindful that this is a jewelry business, but I have still faith in 'Hem'. 🤞

Disclosure: the above is my personal opinion or wish only which could be biased due to my vested interest. (I am holding all)

Thanks MRavi , Only very less pending order. Less than that of todays traded volume . Chance of U turn on Monday is almost sure and 60 is an easy target.
Holding except 1 lot (Sold on yesterday)

@RAVU if you are sure about 60rs target than why have you sold your holding exept one lot?

I am also holding 1 lot and now scared.
lt may go below issue price or make u turn, no one knows.
let's hope for the better.

@Denim ,
I sold only one lot for partial profit booking. Holding all other lots except the sold one lot . I think you misunderstood.

60 is the target which I am looking for, It may or may not reach soon. 🤞 Hoping for the best.

@Ravu Okay, good decision, all the best for your remaining holding.

Yes sir, it should come back soon and show its hem power ;)

@Hostpacker,
Good point 👌, the selling is negligible and buying order increasing. Hoping for good run next few days and settle around 60 before next run up. 🤞

Thanks

Yes . Expected better return here..🤞

I will hold for long term as expected it will go up to 70 within few weeks.( My personal view take your call as per your risk appetite ).

@Hostpacker,
👏👏👏
Even with weak market another UC (strong pending buy orders). As you said, its now possible for 70 in few weeks hopefully 🤞. I am going to hold for long term any way to see the few QTR results.

p.s: Veranda, Hariom all are doing great as expected.

Thanks

@eva,
🙏 suggest some sme as well as main board which you feel is pottential in long term, now opportunity to buy
at current level.
Thanks

@Hostpacker,
Thanks for this update. lets hope for 1 or 2 UC next week.

Thanks

MRavi sir I am expecting more UC upto @60 .

@Hostpacker,
Thanks for your analysis. I have 37 lots, 'not for sale' at least from me (it will stay in my folio for long term)

Thanks

Thank you sir . Many more NII also try to buy on listing day who already earned in last 8 IPO lead by Hem Sec.

MRavi Sir you are in top 3 Investor in NII category.
66 lots ,50 lots and then 37 lots .

@Hostpacker,
Thanks for that info, much appreciated 👍(I never checked those details). I am really happy 😊 and humbled to be in top 3 HNI investors of a 'Hem' allotment.

(p.s: btw, I will also be a buyer tomorrow to add some more as I am one of the big beneficiary from 'Hem' so far)

Thanks

@MRavi sir: congrats and wish you all the best for good listing tomorrow.
Since you are holding a good quantity here and will not be selling them so that will definitely create a positive impact on listing...
Hoping good listing around 48-50, i am also holding 1 lot here and will decide to sell or hold as per share price movement after listing......

Dear @lokes,
Thanks. Good luck to you as well (since no other IPO now, I will be betting here to add as much as I can tomorrow depends on listing) 🤞

Thanks

@Mravi sir, somehow, I didnt apply in this IPO being jewellery sector. But Seeing your confidence and conviction in hem for last few days, and opportunity buy at reasonable at 42, I bought today 3 lots bet at 42. Now total finger crossed...Hope it turn out good . GOod luck to all invested....

@snipperRaj
👏👏👏
I added another 18000 shares in preopen
It will go UC , my guess only
I will be adding more as the day progresses

You won’t be disappointed, I hope

Thanks

@Hostpacker, @snipperRaj, @lokes and others,
It was muted listing, I am very confident in next few days / weeks it will prove another 'Gem' from 'Hem'

Thanks

Yes MRavi sir . Thanks a lot..

Hmm... flat listing, may be due to rush for sell at listing and overpricing.
but immediate UC, next few days will be interesting...
I am holding my 2 lots...

@sir. admire your confidence and believe. finger crossed. I think it was not muted but operator controlled. Some HNI operator put heavy sell orders like coolcap, veranda to make a low listing and buy more.

@snipperRaj, looks like you started the trades for all of us 😁. It was a not so motivating to see at pre-open..but finally clocked UC.🍾🏆📢

I think operators played here , heavy buy order was there at 42, 41 and 40

@MRavi sir,

Congratulations on the profit.
Great prediction.
Many more UC to continue.
IPO size is small, you could have contacted Eighty directly :)

Did not apply. Nor bought. But, enjoying the show.

Congrats everyone for UC finally after average listing....i think its expected initial price range was 45-50 as suggested by MRavi sir but then too much optimism was created....
@snipper @MRavi sir: congrats for your new buying....
And yes since it listed below expectations so its moving up now same like some of recent sme's like kn agri , coolcaps etc so looks here also it was little bit operator controlled as others mentioned.....so in future also we can take some bet to buy in preopen whenever listing is below expectations (exceptions will be few like swaraj suiting's but those will also not give much loss)....
i am holding my 1 lot as i knew it will hit UC after such listing but i may sell it around 50 in 2 days (or if i will hold longer then definitely will keep some stoploss)....good luck for all whoever wish to hold for longer.....

Thank you lokes sir ji. Wishing to see good rise in this..

i will keep holding my 1 lot for longer here also....upper circuit looks strong still....

Yes Lokes. Strong buyer .

@lokes, @Hostpacker and others
with strong buying order still pending, this could reach 60 soon and to its name in short to mid term. All the best for everyone holding this for great returns.

(p.s: My faith in 'Hem' giving me another Gem in making.)

Thanks

@TSG,
Absolutely. Thanks. (the sad thing that I was holding too many lots MTCL until last week and sold most of them impatiently, keeping 2 lots still. any way happy with 20% UC finally.)

Thanks

it took 7 months here to hit UC, our patience got over in initial 2 months only :)
congrats @MRavi sir , your long term holding rewarding you now...
hopefully remaining also you would have sold with little profit or at par....

@lokes,
It really tested my patience as well (hovering between 65-75), in fact i added few lots to average them a month ago, finally I sold mostly around 75-76 (little profit). Today very strong UC, I will sell remaining 2 lots next week hopefully.

(p.s: as you know, still many main board IPO's are languishing at the bottom with 10 to 50% loss to the issue price. These SME's and few main board IPO;s gave great relief to those losses.)

Thanks

@Mravi sir: today maruti interior also gave good upmove....are you holding that also? i am holding one lot which i bought in preopen at 68 rs.....i am hopeful that will give good returns if keep holding....

@lokes,
yes, noticed at the end of the day only, still holding one lot. (one lot sold before last week). most of the SME's are doing great now (exception is DMR, Precision and Swaraj. They will have their day, sooner or later...as they say, after all 'Every dog has its day').

Thanks

hmm....right....holding all these three also 1 lot each.....lets see when results will come and if any movement after that

It will locked at UC ..

Hmm looking at too much expectations here, same thought came to me with this listing.... let's hope it will hit uc now...
Here hem factor didn't worked on listing.
As per current year financials, PE was too high and financials were not growing and had inconsistency, may be that's why it didn't had good listing, Krishna was having very good subscriptions and better financials....