Yes, hope that it will be a positive learning LM and price are the pain points. Financial looks good .
44. lokes| Link| Bookmark|
April 7, 2022 4:02:25 PM
IPO Guru (4400+ Posts, 5100+ Likes)
Applied 3 lots in HNI. Hoping to get minimum and maximum 1 lot here. Also hoping at least one from eighty jewellers and jeena sikho will perform good to compensate loss in other one if any :) lets see. I may consider applying 1 retail application also if HNI crosses 3X by 4pm closing.
Applied with 2 retail applications in Jeena Sekho. Now no IPO (Good, Bad or Ugly) is left to apply. This IPO will definitely teach us something... if not Jeena
44.4. lokes| Link| Bookmark|
April 7, 2022 5:15:12 PM
IPO Guru (4400+ Posts, 5100+ Likes)
subscriptions are not bad in my opinion for this much big size ipo so i am applying one retail application also from zerodha upi. @MRavi sir: all the best to you.... @avenue: i was missing your that quote here, something like "iss great forum ko jyada follow karne se we end up on applying" , i hope that applicable here also ;) :)
@Lokes.. I cautiously did not write it to avoid repetition, but I really mean those words.
After spending hours in this forum, I have applied in many IPOs in which I would not have applied otherwise, even after taking few drinks :) :)
44.6. lokes| Link| Bookmark|
April 13, 2022 1:57:09 PM
IPO Guru (4400+ Posts, 5100+ Likes)
today eighty jewelers gave some profit and hopefully this will also give profit as per gmp updates....i will post my listing day strategy for this ipo on weekend..... @king vinod @Jai mata di @chalak lomdi : thanks for gmp updates...
Please do share your inputs on Jeena Sekho, I applied for 2 lots in retail and as expected received 2 lots. With good gains in Hari Om and expectation of few UC in Eight Jew, tension for this is less. Because of operators it may behave just like Eighty but by the time of JSLL listing, price movement of Eighty will be clear.
BTW when is the listing of JSLL??
44.8. lokes| Link| Bookmark|
April 13, 2022 6:26:49 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@avenue: yes mostly all recent mainboard and sme ipos in last 2-3 weeks gave gains (less or more) except very few like evoq and swaraj. i have posted my initial observation on this JSLL ipo here in below post and looks like as per current gmp, risk was worth to take here. https://www.chittorgarh.com/ipo/ipo_discussions.asp?a=1237&c=503095&ap=0
It will list on 19th april Tuesday since 14th and 15th are off for markets..... i will post my listing day views on sunday/monday. Whoever applied in retail has allotted here so mostly everyone got and in enough quantity.
Dear Chittorgarh team and Admin, Thanks for updating the GMP for SME's 👌👌👌, much appreciated🎉🎉🎉. This will give some guidance for the people during listing day (to avoid selling at par or below).
One more request as @lokes said, it would be even better, if possible to post SME GMP (if available only) during the IPO open.
Keep up the great work and all the best to your team to achieve many feats in modernizing the site with interactive tools.
Good morning @MR RAVI @MR LOKES. @IPOANALYSIS. SHOULD I APPLY FOR JEENA SIKHO. IF IT IS NOT RISKY. AND U ARE SURE IT MAY GIVE SOME LISTING GAINS. YOU ALL R VERY EXPERIENCED AND HELPFUL. THANKS
38.1. lokes| Link| Bookmark|
April 7, 2022 3:18:43 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@Kanwarjit: this is not that type of ipo where we can be sure of listing gains.... so here it has to be applied only considering some risk....since lot amount is bigger here so even 5% profit/loss amount will be 7.5K and 10% will be 15K so considering all these only, risk can be taken. And here if it goes down initially after listing then its not even easy to say how long it will take to come to issue price etc. All will depend on results and profits if those can be sustained/improve. Anyways i am applying here taking some risk.
37.1. lokes| Link| Bookmark|
April 7, 2022 3:09:29 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@dinesh: i was in little double mind but i will mostly apply here taking some risk to get 1 lot allotment. if HNI subscription crosses even 2.5X by 2.50pm, then i will apply for 4 lots in HNI to get 1 lot allotted else i will apply 3 lots in HNI. I was even thinking to apply 1 lot in retail in sunrise considering current year revenue/profits and PE ratio etc but later i skipped that seeing poor demand and due to 121 rs issue price and good enough issue size which may not go well for listing with less demand. Only little risk here also is price range and issue size are much higher for sme and even 1 lot amount is big enough, so not sure on listing how it will go. This LM is handling first time such big issue and doesn't have much sme's exp. Madhavbaug has performed well but there both issue size and price were much lesser. considering current financial year performances of both, then jeena sikho is having much lesser/better PE ratio than madhavbaug. So finally i will be applying here for sure taking some risk, others can also decide as per their thinking and risk capacity.
Sir, Thank you very much for your kind consideration to help me. All the best. Have you submitted any bids? Your magnanimous views will be highly appreciated.
36.3. Jsca| Link| Bookmark|
April 7, 2022 1:24:02 PM
Top Contributor (500+ Posts, 100+ Likes)
I wish to submit bids for around 300 shares. After seeing the bids upto 3:25, I will place the bid. Thank you. What about your views? Do you mind to share?
36.5. Jsca| Link| Bookmark|
April 7, 2022 1:58:36 PM
Top Contributor (500+ Posts, 100+ Likes)
Sir, price moved from 2.90 rs to 517 rs in a year, and today it is in LC,I think it is difficult to sell from tomorrow.
Sir, Thank you very much for your kind information n views. I don’t wish to place any bid in this regard. I am really indebted to you for your kind help.
They could have come as T group IPO in main board itself which would have been advantageous to both the company and the investors don't know why they opted for SME.Even for 2 times subscription 110 crs has to b blocked which in normal SME IPOs would have been very good subscription.The main cons of this as sme issue is size and valuation both could have been offset by coming to main board .🤔
@MRAVI. WHAT IS YOUR OPINION ABOUT JEENA SIKHO SME IPO. IN THIS I AM CONFUSED APLY OR NO. I HEAR THE NAME HIIMS IN PUNJAB FROM SOME FRIENDS BUT UNABLE TO DESIDE ABOUT APLY DUE TO BIG SIZE AND HIGH PRICE ALTHOUGH PE COMES TO RS 17 AT FY 22. TOTALLY CONFUSED. PLEASE SUGGEST. THANKS .
LEAD MANAGER FAST TRACK HOW CAN JUDGE WITH ISSUE PRICE COMPANY NAME Hippo Cabs issue price Rs 105-00 BSE CODE 543222 - INE0DG401010 TS GROUP, Opening Date Aug 18, 2020 IPO Closing Date Aug 20, 2020 CONTINUE LOWER CIRCUIT NOW PRICE WITH RS 30-00 Trekkingtoes.com Ltd (HIPPOCABS | 543222 | INE0DG401010) 30.70 -1.60 (-4.95%) Suspended due to Penal reasons. ASKING Fast Track Finsec Pvt Ltd IPO Lead Manager. please save your money BECAUSE TILL DATE COMPANY NAME HIPPOCAB Trekkingtoes.com Ltd(HIPPOCABS | 543222 | INE0DG401010) Suspended due to Penal reasons
30. AMIT IND| Link| Bookmark|
April 6, 2022 10:49:30 AM
Top Contributor (600+ Posts, 100+ Likes)
One thing should be kept in mind before applying that size of this issue is too big for this platform. One who is expecting listing gain should also keep in mind that even highly subscribed issues also end up in lower circuits many time & no one is there to rescue. Sme platform is very brutal for such case and here size is also a matter. This is my opinion . Best luck for subscribers
post IPO valuation of the company will be 220 Cr. implying and valuation multiple of 22 times for FY 21 earnings. lead managers should have advised promoters to right size the issue
I have my demat AC with upstox and I was applying in sme ipo through hdfc net banking and instead of using RKSV SECURITIES as my dp name I wrote upstox .. was that the reason the ipo my application got rejected.. and also please someone suggest me i opend all my family demat AC in upstox is it good for sme ipo or should I consider changing it .. please help me out