130. lokes| Link| Bookmark|
January 2, 2023 10:14:48 AM
IPO Guru (4400+ Posts, 5100+ Likes)
Much better listing than expectations and followed by uc, congratulations to all allottees....company was strong fundamentally as mentioned with good business model and growth....i am holding my allotted 1 lot here...will see further trend and may sell after 2 days since already giving better than expected profits....
Sir I sold my allotted lot at UC. Very happy with the kind of listing since this was my first ever SME. Extremely grateful to you for your guidance and insights.
SME IPO NSE Code :- 13537 Symbol :- HOMESFY GROUP :- ST ISIN :- INE0N7F01017 LOT SIZE :- 600 Shares Issue Price :- 197/- Listing At :- NSE SME
117. ipo share| Link| Bookmark|
January 1, 2023 9:28:15 AM
IPO Guru (1600+ Posts, 800+ Likes)
@lokes Sir, please share your listing day strategy for Homesfy. Whether it is advisable to sell it on listing after horrible listing of Moxsh or otherwise? Thanks π
117.1. lokes| Link| Bookmark|
January 2, 2023 1:08:29 AM
IPO Guru (4400+ Posts, 5100+ Likes)
In my view, it can list around 220 to 230 and i think there won't be bad or negative listing here like moxsh so no need for panic selling, Homesfy is much better than moxsh....in my below initial post long back i have already mentioned that homesfy is better to hold: https://www.chittorgarh.com/ipo/ipo_discussions.asp?a=1352&c=568785&ap=0 Moxsh was not at all looking good from any perspective and i was unable to understand why it was carrying gmp higher than homesfy.... i will hold my allotted lot here since business model is asset light here and it has shown good growth in last 2-3 years revenue/profits and also reasonably priced and housing sector is having good demand from last 9-12 months so it will also be beneficial due to that...above 240, profit can be booked and new buying may be good if listing around 200-210....
@Lokes .. The reason for Moxsh ipo commanding a higher GMP because in gray only promoters were buying at good prices to lift up the image of company and to subscribe the issue. It's kind of trap that usually played by promoters in SME IPOs.. same happened with Naturo Indiabull ipo. Here Promoters only are responsible for this -15% negative listing.. as in preopen they had sold all there bought Grey Application at LC price.. otherwise a normal Investor who gets the allotment in highly subscribe Ipo is not soo dumb to sell it in preopen with huge loss. Somewhere LM is also responsible for that disaster because they manage the Ipo of such a fraudster promoters.
117.3. ipo share| Link| Bookmark|
January 2, 2023 8:32:24 AM
IPO Guru (1600+ Posts, 800+ Likes)
@lokes Sir, A very Happy New Year 2023 to you and all forum members. Thank you very much for sharing your views on Homesfy listing. Your opinion provides lots of confidence. We are blessed to have you and other seniors / experts who prove unbiased opinion to small investors. Many many thanks again Sir. π π
@Noorul, do you have any recent updates on this IPO from your sources/market ? I missed to buy this when it got listed and so still thinking if it is too late to enter. Looking at the steady growth, less volume of issued shares and current monopoly of its business model, I am getting some positive vibesπ
116.1. arvindarvind| Link| Bookmark|
January 1, 2023 9:24:29 PM
Top Contributor (1000+ Posts, 200+ Likes)
May be tomorrow it will touch the target. Arjun sir comment gives us a lot of confident to hold it but target is very low. DD sir is saying to hold for long term. Confuse to sell around 260 are hold for long term.
Wish u all a happy new year n all the best for the first listing of new year. Hope it gives quite handsome return.
114. SSingh| Link| Bookmark|
January 1, 2023 6:08:16 PM
IPO Guru (1400+ Posts, 800+ Likes)
Sameer Arora of Helios capital from Singsore seems to not invested in this. The SHP some other Sameer Arora. Anyways, I have got one lot and will hold/sell depending upon how it behaves in preopen. All the best and Happy New Yearβ¦ π