Innoventive Industries Ltd IPO Message Board (Page 2)

jumped from 91 to 102 Rs in last few minutes. Best of Luck to people still holding, then can exit monday on opening at higher prices.

Trading at 88 Rs.
Gone Case now.
Worst Luck to me and all of allotees.

chandu chavan & co. has made all investors fool...
purpose of aggreegating 220 crore was
expansion (whose ??)
repayment of loan (which loans)
general corporate purpose (genaral or personal)
Also made investors full by giving scheme of Rs. 1000 form brokerage on for 2 lacs application applied on first day...

Divya-hope yu have closed yr position at 100-102 point.

where r all experts.. who were saying gmp.. this has proven worst ipo since i m in this markte.. Full allottment and 30% loss (still holding and hoping to recover)!!

innoventive bounced back to 102.

Madhur Kotharay - Thought provoking. Good one.

Chandu Chavan...you have made the investors CHANDU..shame on you, if you really care then issue bonus shares to the retailers..

SEBI, the Regulator.....will you pls wake up!

I am surprised that most "investors" praise their own genius when an IPO lists at manipulated premia, such as in Fineotex. And blame SEBI, govt and everyone else when some good IPOs list below issue price, such as Innoventive and Muthoot (which may have listed up but is trading consistently down).

Let's face it, folks. Most of you, just like I am, are greedy. We are betting on 'Greater Fool' concept, where we expect some bigger idiot will buy our overpriced IPO subscription from us. Sorry, there are not that many fools out there currently.

If you want reward, be prepared to face the risk. Don't be like those Goldman Sachs crooks in the USA, who want the billion dollar rewards but want the USA government and the taxpapers to partake the risk.

After noticing all the calculations going awry, I still feel fully responsible for my loss (invested only in Muthoot). And I am determined to understand the IPO market better so that eventually, I will make more money in it than I lose.

My calculations show that statistically, over all IPOs you make 2-3% returns on the capital invested (not just on allotment) and if you can weed out some black sheep, you can make 5%. I don't know how to do the latter predictably.

Remember, IPOs have a cycle of 20 days from investment to money coming back from the broker, if you sell on the listing day. In a year, you have 18 such cycles possible. If you can keep making 2% in every roll statistically, you will come out a winner.

So stop griping. Many of you are still talking of funny things like "I will exit Innoventive at 107", etc. What rationale for that? Why do you expect some moron will buy Innoventive at Rs 107, if he did not want at Rs 117 or Rs 97. Now you may see Rs 107 but that was not because of your genius.

What I have learnt painfully over the years is that when your original hypothesis goes wrong, don't adjust it to soothe your nerves. Absorb the loss and move out. Market is brutal to such people.

In stock market, bulls make money, bears make money, pigs get slaughtered. Don't be pig-headed. If I were you, I would exit Innoventive at whatever price it is prevailing, if your view was selling on listing gains. If your view was it is a great company at great price (probably the only long-term reason to invest in an IPO), stay invested and even buy more.

Unbelievably high number of people convert their trading punts into long-term holds when their calls goes wrong. That is called Risk Aversion, not Long-Term Investing. Grow up!

Suggest to exit this ASAP (currently 94) & dont go by gut feeling..it may hurt!

I sensed that it may list in discount after operator involvement in servalakshmi. Normally operators operate in 2 out of 5 IPOs where sentiments are low. They target lowly priced issues preferably which are priced below 50 Rs where price movements are high. That's the reason that i did not apply in innoventive. I applied in 3 lots of servalakshmi instead as i decided to take risk and exited @32 rs and made 1600 Rs. It is very difficult to make money in IPOs nowadays. I made 400 Rs only after allotment in lottery in MUTHOOT FINANCE. Instead of applying in these IPOs, i paid 4 lacs to my housing loan on Apr 12, by doing so, i am saving around Rs 4500 per month. Now i have around 50-60k which i apply in safe ipos.

Sreedhar PLEASE GUIDE ME FOR OPENING A NEW TRADING A/C...IN WHICH I WILL ABLE TO TAKE SHORT POSITION OF zCATAGORY STOCK AND NEW LISTING STOCK...MY BROKER IIFL AND INDIABULL DONT ALLOW IT

WHEN IT TOUCH 3DIGIT TRY 2 EXIT....IT WILL SETTLED AT 2DIGIT(80-90)

Really so disappointing for all of the Allotees.
We should teach a lesson to all the coming IPO's by not subscribing.
They are literally fooling us now a days seeing all the past listings.
The time has come so show this Fraud Companies.
Please share your views.

Here after dont buy any IPO ,if we want to buy we can buy in listing day
by current market price................they are making foolish..........

IS SEBI IS BLIND OR MAKING PUBLIC FOOL BY GIVING PERMISSION TO THIS TYPE OF IPOS . THIS IS A BIG SCAM THE BIG MAN R MAKING LOTS OF MONEY .
IF THIS TYPE OF ISSUES WILL COME THE IPOS MKT WILL GET SHUT DOWN PERMANTLY IN RS-20000 APLICATION LOSES 25% OF HIS CAPITAL

THE INCREASE OF LIMIT OF RETAIL LIMIT FROM 100000 TO 200000 DOES NOT WORK FOR INVESTOR IN BAD ISSUES PUBLIC LOSSES HEAVYLY & IN GOOD ISSUES THEY DID NOT GET MUCH ALLOTMENT.
SO THE MOTIVE IS TO LOOT THE PUBLIC. SEBI KO MOOTA PAISA MILTA HAI TO PERMIT A ISSUE IN THE MKT SO BE CAREFULY & DO NOT APPLY NONE OF THE IPOS OR FPO

Dear Sridhar,

Thanks for your advice.. I will try to get out at 105-107 if at all it comes at that price.

Regards,
Divya

Divya goyal,
Try to exit around 105-107 if it comes.Inspite of my repeated warnings you had applied.You believed Smart investment greymarket premium more than me.


See my previous post.Innoventive will go the same way as given in my earlier messages.
Sreedhar Apr 30, 2011 7:57:38 PM IST | I Like It. Like | Report Abuse

Sreedhar's - IPO Recommendations, IPO Comments, Public Profile
Innoventive Industries Ltd IPO
Dear rishir,
Hope Innoventive Industries will list at premium & give you gain.I sincerely wish it should list in premium even though many people may curse me if it lists in premium as I have made them stop their application.

Sreedhar Apr 30, 2011 12:37:32 PM IST | I Like It. Like | Report Abuse

Sreedhar's - IPO Recommendations, IPO Comments, Public Profile
Power Finance Corporation Ltd FPO
SK Dash,
Lot of my friends from chittorgarh who were regular boarders have applied for Innoventive Industries.They all have withdrawn from the IPO now after my suggestion.The main threat is Innoventive industries is a quality company which has come out at higher valuations.100 percent of such companies have failed miserably example being PFS,Ramky,claris,hatwaycable,Jaypee & so on & it should meet the same fate.I told them only one thing when there is 99 percent odds of listing discount why should we risk our money.They will not blame me even if lists in premium .
Looks like you have applied & hope to continue in Innoventive, best of luck to you.

I have already given my reasoning for Servalakshmi.Such companies rarely list in discount.Fineotex,sudar,shilpi,acropetal,ravi,tirupathi inks,bedmutha,gyscoal alloys etc whatever company you take have listed
in premium.

It doesnt seems to go anywhere... :-)
Quite rangebound..

Dear Sridhar

I too just following the path of what Divya said... wanna hold the 350shares for some time and pl tell us at what price it can sell off (atleast min the loss)

Apply your instinct and advise

Thanks

Rgds
Hari