Agree with you. It can hold onto it's issue prize is the indication that it is rightly priced and the investors who understand it's business have faith on this company.
Both are heading North! Failed to stock while they were Southwards!! Chances of Tomato getting cheaper is high which will in turn make Zomato dearer 😁😁
207.2. ColdBurger| Link| Bookmark|
June 3, 2022 12:55:34 AM
IPO Mentor (1400+ Posts, 400+ Likes)
@Jetha lal - Can you share some credible information for GUJCOTEX. Despite UC it trades 10l approx and seems a possible multibagger
Those who invested for listing gain cannot expect a miracle to happen soon due to current market conditions.
However, for a person like me, it defended it's issue price for most of yesterday is a fact that markets understand/acknowledge the value of this company.
Those who can hold for few months, your investment is safe. eMudhra's business is unique in nature and it is one of the leading players in it's area of work.
It is also the only Indian company to be accredited to Webtrust, which makes digital signature certificates directly recognised by browsers across the world, allowing them to issue digital signature certificates in many countries.
The growing demand for data privacy, data protection, and digital transformation would help the company grow substantially in the medium to long term.
204. Jetha Lal| Link| Bookmark|
June 1, 2022 11:15:26 AM
IPO Guru (1000+ Posts, 2100+ Likes)
The worst mistake a retail investors/trader do is to get emotional with their stock.
If you have entered for listing gain then take it away whatever market is giving and always trade with stop loss. If you are long term investor then keep close watch on performance of the company. If it is not performing as per expectations then throw it out.
Disclaimer: It is general statement and not in relation with E-Mudra only. I have no view about this stock as of now.
Absolutely correct. And most of the retailers, including me, are applying in the IPO for listing gains only. The only 2 IPOs I have not booked immediately are nuvoco and cartrade, both gave me heavy losses. My opinion, if you heve long time perspective, go of better secondary market stocks.
apka target aap taiy karna sikhiye ke mera itna invest he short term yani 1 din 2 din 4 din yaa 8 din ka aur usme ager 10% ye 8% return milta he to nikal jauga ...
Ab aap operator nahi ke 0 se leke 100 rs. tak pura naffa loge.. aapko 10 20 yaa 30 rs. hi milega.. to leke nikal lo... khao pio aish karo mitro..😏
btw love to babita ji 😍😉💃🦅
204.3. ipobull| Link| Bookmark|
June 1, 2022 12:30:24 PM
IPO Guru (1000+ Posts, 1000+ Likes)
@Jetha Lal, Very rightly said. We must not get emotional with stocks.
@Jetha Lal, Agree with you. Controlling emotions and focusing on target is the most difficult thing for the investor. Unless we learn this art, we can't make money in share market.
Lag raha he "Kathiabada show " bahut enjoy kar rahe ho !
Khud ka position nahi he lekin "Begani shaadi me abdullah diwana " Aap jaisa dhurandhar aadmi ko pata honge kinko naw ye aadmi chala raha he 5-6 aadmi ki saath. Thank you
IMO if u are apply for long term or listing gain, U have to look for valuation. If a company is expensive how can u guarantee listing gain. U may get 5 percentage. If 5 percentage Is ur profit, u can bet on secondary market.
@Winning Only, Hoping to get listed around 275, it may have some buying interest from institutions after initial sell off. I will be holding my allotments, you may decide as per your risk taking abilities
@Winning only... I did not apply in IPO, but will buy 3-5 lots at listing,will add more if downtrend...
201.3. Trueinfo| Link| Bookmark|
June 1, 2022 9:52:22 AM
IPO Guru (1900+ Posts, 1700+ Likes)
Strategy should be individual. Commonly agreed strategy here leads to herd mentality resulting in disproportionate performance of the scrip mostly down. The operator takes advantage of the strategy discussed here and deprives investors of their listing gain and corners scrip at lower levels, like it happened in case of Adani Wilmar. Mostly the strategy will depend on individual risk taking capacity. So, it's better to let the strategy remain as an individual decision.
201.4. MehulStk| Link| Bookmark|
June 1, 2022 10:32:24 AM
Top Contributor (400+ Posts, 100+ Likes)
@MRavi Sir, Sorry for off topic question, After result Swaraj Suiting is started hitting LC are you still holding it full? how you interpreted its result. What will be your future strategy?
@MehulStk, “Swaraj Suitings” latest half yearly results are not good (YOY seems ok) in comparison. The price is falling as other SME IPO’s. I am holding all for the time being until some buying interest.
Thanks
201.7. MehulStk| Link| Bookmark|
June 1, 2022 7:10:00 PM
Top Contributor (400+ Posts, 100+ Likes)
@MRavi Sir, Thank you for reply. Yes all SME going down at the moment. Loosing its spark like it was before, Hopefully swaraj will do batter with new facility they gonna open with IPO money.
@Mehulstk.. I had 2 lots of swaraj and luckily sold 1 @ 67 a few days back. I have learned that in correcting markets one should be watchful to exit average /poor SME with min loss/gain... Best Wishes...
If No bulk deal today then it would be risky to hold position for short term traders/listing people. Market was neutral today still below par listing and no major demand seen. May give move after result.
Disclaimer: No position so no emotions. neutral view.
Thank god we sold in first hour.... I had put Stop loss @263 for my 2nd buy..that also triggered with 10 mins ....but seeing buyers @256.... around 63k orders were there...hope it picks up pace and some fund managers take it to 300+.
Looking at this listing ... aether will definitely list around 700 ..max gmp recorded was 40-45....
200.2. Jetha Lal| Link| Bookmark|
June 1, 2022 8:39:12 PM
IPO Guru (1000+ Posts, 2100+ Likes)
NO BULK DEAL ON LISTING DAY. Delivery : NSE - 30.3% BSE - 25.8% Overall : 30%.
Listing below expectations, delivery below expectations. Let's hope institution interest come after Q4 result.
200.3. ipo share| Link| Bookmark|
June 1, 2022 9:26:08 PM
IPO Guru (1600+ Posts, 800+ Likes)
Leading licenced Certifying Authority eMudhra is a long-term investment, given its unique business model, the market leadership position in the Indian Digital Trust Services space, better brand recognition and stronger channel partner relationship.
Being a unique Indian company with presence across all the three segments of Digital Trust Services, Digital Security Solutions and Paperless Transformation Solutions, eMudhra is one of the largest players in the Indian Digital Trust Services market, with a market share of 17.8 percent.
Despite being just 12 years in the market, eMudhra has better brand recognition and stronger channel partner relationship.
It is the only Indian company to be directly recognised by renowned browsers and document processing software companies such as Microsoft, Mozilla, Apple and Adobe, allowing it to sell digital identities to individuals and organizations worldwide and issue SSL/TLS certificates for website authentication.
The company recorded a 38 percent growth in profit at Rs 25.4 crore for the financial year 2020-21, compared to previous year, and revenue during the same period grew by 13 percent to Rs 131.60 crore.
It has surpassed its FY21 profit in nine months period ended December 2021 at Rs 30.3 crore on revenue of Rs 137.2 crore.
It is commendable that eMudhra in spite of being within 5 rs. range of issue price has not breached it even once. Such a straight line graph on the listing day.... look like doesn't want to leave 260 mark easily... Let's see last half hour today...
It is a positive, didn't trade below issue price. If there any bulk deal (buy) or high delivery happens then it is good.
198.2. ipobull| Link| Bookmark|
June 1, 2022 5:34:05 PM
IPO Guru (1000+ Posts, 1000+ Likes)
It breached it on the BSE. But nowadays in the recent IPOs, almost every stock goes below issue price with exception of Campus. But eMudhra is a good company. One can accumulate. I am hopeful Aether will not breach IPO price on 3rd.
Valuation is high. After listing you will get below issue price. Now days all ipo are having over valued in price. It is better to invest in good stock rather to apply in ipo.
197.3. Trueinfo| Link| Bookmark|
June 1, 2022 10:56:01 AM
IPO Guru (1900+ Posts, 1700+ Likes)
@IPO electrifying, just kindly introspect whether your messages of discount listing just before the listing are helping the investors or damaging them. Saying goes, 'if you can't help someoneone, at least don't harm him'. Leave it to your judgement for the rest.
@IPO Electrifying, what is the definition of "good stock" ? Please share some wise wisdom so that we can also use such logic to differentiate between good and bad companies