Land has been acquired from Oriental Trimex, factory work in progress. Hopefully should be ready by December & functioning should start by Jan 2025. things look good.
@Udayk not a gujju so had to use google translate. 😅 In the current market scenario, I don't think anyone can predict any right time to get in or get out. I'm not regretting as the volatility and SME sector risk is getting accentuated every day. Happy to book profits wherever I can.
@Udayk seems to have formed a base. But given the state of all recently listed SME IPOs, this may get tested tomorrow. I'll monitor and most likely exit, then re-enter at a later date. Please DYDD and act accordingly
Exited too for now @123.10 as tomorrow's flippers' activity is a bit of a question mark. Will monitor and likely enter if it shows some strength again in the next few days.
@Udayk same here.. planning to hold this one long term, irrespective how the price behaves in the short term. In fact, planning to add at/ post listing.
Sir profit ke sath company ki revenue bhi har saal badhi hai Next year 100 crore revenue ka target hai 30 ki jagah 20 percent margin lagaye to bhi 12 ka pe banta hai next year se new factory chalu ho jaygi 3.5 times expansion plan hai company ka Client list bhi acchi hai Baki bhagwan malik
40. Kapz| Link| Bookmark|
September 24, 2024 11:26:06 AM
IPO Mentor (800+ Posts, 400+ Likes)
Best listing of all..and expected to remain in UC for a few days. Remember, GMP started after IPO closing only! Holding tight.
@Udayk unfortunately that's the harsh reality, for all good issues, due to the high speed connection that these flippers enjoy. In any case, they'll most likely get out in a couple of days, and this issue looks good beyond that too. Just my view, not any recommendation.
37. SSingh| Link| Bookmark|
September 22, 2024 12:31:07 AM
IPO Guru (1400+ Posts, 800+ Likes)
Continuous Trend in SME and even recent mainline IPOs... SMEs me 90% pe open karo + 5% ka UC lagao aur fir next day se LC pe LC.. Mainline me upar open and fir non-stop neeche.. Dozens of examples in recent IPO but the problem is "Retailers ko sun na manzoor nahii hai".... IPO me apply karne ki jaldi, Lag gaya to bechne ki jaldi, Yehi jaldbaazi hee sabhi samasyaon ka mool hai... IPO market he badal gaya hai poora last 3/4 months me... Chalo, let's see ye kaise perform karta hai.. 🥹🥹