To me this is now a crowded trade. This is the only comment of anyone bearish here so replying. Craze in SMEs is at an altogether different level with just about everyone buying SMEs even on doubling!! No doubt the company and financials look good but now already trading at a TTM PE of ~25. May be the craze can see it doubling from here like Droneacharya!! So best of luck to all those who bought/alloted.
One more good listing of SME. Surprisingly followed by UC. Great going in SMEs. Craze is increasing every after every issue and giving good returns to lucky allottees. When luck and funds are in favor, everything goes well. One more result coming today. Very exited for some good news. Again a candidate of about +90% listing. I can wish good wishes, only.
203.1. PLAZA| Link| Bookmark|
June 5, 2023 2:01:58 PM
IPO Guru (2400+ Posts, 1300+ Likes)
Thanks sir . I have just read your comments and I don't want to escalate further the issue that's why i reply you in some other column.
202. SSingh| Link| Bookmark|
June 5, 2023 1:34:04 PM
IPO Guru (1400+ Posts, 800+ Likes)
Very nice listing. Congratulations to those who got allotment and all the best to everyone who bought in preopen..
I didn't get allotment and I didn't buy in preopen as well as this is way too much from my buying limits now :)
202.1. SSingh| Link| Bookmark|
June 6, 2023 10:50:41 AM
IPO Guru (1400+ Posts, 800+ Likes)
Please be careful. It's "SME Euphoria". Blindly applying, blindly buying in preopen must be stopped to save your hard earned capital. Baaki paisa aapka hai, marzi aapki hai :)
201. PLAZA| Link| Bookmark|
June 5, 2023 8:39:36 AM
IPO Guru (2400+ Posts, 1300+ Likes)
@admin chittorgarh pl place BOA if possible before listing of hemant today
201.1. PLAZA| Link| Bookmark|
June 5, 2023 11:22:55 AM
IPO Guru (2400+ Posts, 1300+ Likes)
Thanks Admin for posting BOA .. IMO appx 60000 shares allotted to ultra HNI high Investors who have been allotted on firm basis with proportionate subscription and they will not sell . And if todays volume of trading at the EOD if nearby 800000+ then this share will gain further momentum . Disclaimer I hv not sold my allotted lot so far .
201.2. MVP| Link| Bookmark|
June 5, 2023 12:16:38 PM
IPO Guru (1500+ Posts, 1100+ Likes)
Good analysis
201.3. PLAZA| Link| Bookmark|
June 5, 2023 12:21:25 PM
IPO Guru (2400+ Posts, 1300+ Likes)
200.1. M Gupta| Link| Bookmark|
June 5, 2023 11:08:25 AM
IPO Guru (1100+ Posts, 3300+ Likes)
I tried to buy @171 and @ 179.55 but no luck
200.2. Imhilli| Link| Bookmark|
June 5, 2023 11:49:02 AM
IPO Guru (1200+ Posts, 700+ Likes)
@Noorul Which broking platform do you use? I tried with ICICIDIRECT and prostocks. Both were showing errors due to technical glitch. So couldn't do anything
200.3. lokes| Link| Bookmark|
June 5, 2023 12:05:27 PM
IPO Guru (4400+ Posts, 5100+ Likes)
Congrats and good luck @Noorul I also bought one lot here in preopen for long term holding...
@lokes @Noorul What is the long term target and time line?
200.5. lokes| Link| Bookmark|
June 6, 2023 12:27:35 AM
IPO Guru (4400+ Posts, 5100+ Likes)
@amarbull : for any share, long term target mainly depends on further results, if it will perform good in result and if profits/eps etc will increase then only it can move higher accordingly to match the valuation.... As per rough estimates, around 280-300 it can reach in around 6 months if November results are good....for short term, some uc/lc may happen for some weeks...