62. lokes| Link| Bookmark|
July 9, 2023 11:37:50 AM
IPO Guru (4400+ Posts, 5100+ Likes)
Allotted 1 lot here....i will sell if listing is above 60 and will add more if listing is around 50.... Expected listing should be around 55-57... Company is good as everyone mentioned, to hold for long term if no funds scarcity.
GMP is soaring. Will this also surprise like magson ?? Company is in manufacturing sector and supplier to many countries. No debt on books. Listing would be interesting..
Yup. LM is also fantastic.. and it brings only genuine companies.
60. SSingh| Link| Bookmark|
July 8, 2023 10:17:57 PM
IPO Guru (1400+ Posts, 800+ Likes)
Allotted 4 lots. Planning to add 6 more if it lists below my expectations. All the best to those who got allotments. Jai Shri Ram 🙏🏻🙏🏻
60.1. Kami| Link| Bookmark|
July 8, 2023 10:27:06 PM
Top Contributor (300+ Posts, 100+ Likes)
How much you ExPeCtInG sir?
60.2. SSingh| Link| Bookmark|
July 9, 2023 6:40:27 AM
IPO Guru (1400+ Posts, 800+ Likes)
1. Small IPO (Just ₹13.23 Cr), so easily manageable. 2. One of the best LM in our industry. 3. Good company. So this company has all the elements to be a multibaggar. How much returns and how much time, are only known to operators and core team members. We can only enjoy at this point. No point guessing 😊🙏🏻
Reasons for applying here: 1. Company is the only manufacturer of the machines that they deal in. 2. Purpose of IPO is not to pay off any debts but for expansion. 3. Despite lots of volatility in supply demand, raw material prices, company is able to post decent profits in last couple of years.
Got 1 lot in of pet, GMP shown is 1. I will hold it till the result. Will decide to hold it for long then. Anyway, All the best for good listing to all allottees.
49. SSingh| Link| Bookmark|
July 5, 2023 8:27:25 PM
IPO Guru (1400+ Posts, 800+ Likes)
Money debited. Allotment done! It’s SO FAST!! Unbelievable!!!! 🤔🤔
@SSingh sir can you please mention the reasons for the same
49.5. SSingh| Link| Bookmark|
July 6, 2023 8:43:59 AM
IPO Guru (1400+ Posts, 800+ Likes)
Reasons and logics are very personal. As everyone has his own risk appetite and strategy so better if you please don’t follow anyone. Take your own calls after doing your own homework. “I got the allotments and I will buy more if it lists around my expected price”, should be considered as confidence boosters and not as buying indicators. Appreciate your understanding mate. All the best. 🙏🏻👍