ideaForge Technology Limited IPO Message Board (Page 18)

Sales, profits and margins… quite exceptional margins in comparison to its peers

It is a good opportunity to buy some shares. It will most probably gove above 750 in near term

Before, somewhere, I mentioned this co......Aaj ki tarikh me sab se jyada pasand Archean Chem.hai....
In fact ...ye sab issues ke zamele me na padkar....sirf isi ko pakad ke so Jaye..... Eventually return will be same.
I'm invested.

Biggest manufacturer of Sulphate of Potash in the world and only Indian manufacturer.....this is a rare merit.

Sometimes we remember some shares past levals and griff.
This is that kind of share.

Agree @KPCT , thanks for sharing your views. 👍

@kapz
sir good company
holding from ipo
available at reasonable valuation
good business
monopoly business with strong orderbook..

i read one rumour in public forum is
its plant in kuchchh ,GUJARAT damaged or affected in BIPARJOY CYCLONE (i m not 100% sure about this news right or wrong)

otherwise it is perfect fency stock

(note-this my personal views,not any kind of suggestions)

@Hope is life bro, thanks for sharing the additional context, makes sense as to why it might have affected the price in last 10 days or so. Although, in my view, it shouldn’t be of significant magnitude nor of much concern as any eventuality would be well covered through insurances.
I too am holding all my allotment from IPO and will surely maintain it

@Kapz 
ok welcome sir
its my pleasure

whenever u want to know about this share
u can tag me
i will try my best to give u answer
hope u understand 👍

Great, thanks @hope is life bro. Will definitely keep it in mind. 🙏👍

Dear kapz,
Any news regarding skp bearing, any breakout, please🙏 share.
Thanks

Actually Archean has not gone down much after the cyclone. It had slumped a bit much earlier. Its products are not very commonly produced. I think the drop in bromine prices is what has brought it down a bit. But the company had clarified that most sale was at earlier fixed prices. I think the upcomming quarterly results would bring more clarity.

As regards to the cyclone I am sure production would have been affected as it was bang in the track of the cyclone. but nothing serious it seems. following was the last clarification by them to the exchanges on June 19th 2023...

"This is in continuation of the letter dated June 13th, 2023, regarding the temporary suspension of operations at the Company's manufacturing Unit at Hajipir, Gujarat due to cyclone.
The company will partially commence its operation from 19th June 2023 and balance will be
operationalized in phased manner in coming weeks "

so we wait for further statements from the company in coming days.

I too am holding my IPO allotments. It is portfolio stock. Not many small investors in it now I guess.

After reading all comments on archean chemical, I wil hold my ipo allotted one lot

@Safe Bet thanks for bringing in the context of prices. I’ve noticed the prices have actually not dropped that significantly to warrant share price dropping as much as it did. In fact, after last quarter results, which were great, expected it to rise much higher. At best it has moved in a range. Rightly said, will have to wait for this quarter results to get clarity.

@PUTIN good decision.

@Dharmendra Sharma sir, SKP has moved up gradually and slowly, since we last discussed. I suppose it’ll continue to rise this way and the big breakout will come if they publish good quarter results or half year results in October.

Same as retail timings

4 pm for HNI..

Which UPI application you are using?

Apply from Bank using ASBA method. Tension free application.

Only people who were able to arrange some extra funds may apply.

QIB are still remaining
65× is possible