Sold 50℅ of my shares for Rs 792 per share today. Kaynes was my 1st share alloted to me. (Retaining the other 50℅) Though there was panic earlier last week to sell at a lower rate, I kept patience, since the fundamentals were good and were pointing to a higher trend in the future. Most importantly the feeling is great! I would like to Thank this forum for enlightening on various issues, since being a newbie, I am on a learning curve.
@Ipolobo.....hold for medium to long term.... company fundamental & financial condition is very good....it is my personal opinion but you can achieve 850 to 900 in short term.... expert opinion is welcome in this forum...
My transaction of asba failed but amount still blocked in sbi asba..anyone suggest how to unblock in sbi. I contacted in branch but they are helpless..
1014. ipobull| Link| Bookmark|
November 24, 2022 11:24:09 PM
IPO Guru (1000+ Posts, 1000+ Likes)
Dear Admin, Can you please block messages related to blocking and unblocking of funds. This is a website which should be focussed on Subscription figures, IPO fundamentals, financials, valuations, promoters, GMP, Listing Gain or Loss, future expectations from the stock and may be some occasional reference to past IPO stocks. Thats all. Nothing else. Else, if it is flooded with UPI debit/ credit problems, demat accounts, etc., people will lose important inormation and shall eventually leave this website. Some good people like Jetha Lal have alraedy left this site. Please do something about it.
@Ipobull those are people expressing thier joy and sadness. We cannot stop anyone from their feeling in a public forum. And I believe for this site to prosper every msg is important (for Chittorgarh we're customers). People may come and go but Chittorgarh should go on.
1014.2. ipobull| Link| Bookmark|
November 25, 2022 10:37:09 AM
IPO Guru (1000+ Posts, 1000+ Likes)
@Not Alloted, But they need to take up the issue with their broker/ banker. This is not the forum where help will arrive.
@Ipobull .I agree with your partially, some just waste time even have asked for rumours and things, but even after listing in this Kaynes IPO some (including mine) fund not unblocked , such msgs should be allowed, in comparinson to 2nd day weepers abt unblocking
@Ipobull, these message of fund blocked issue may be annoying to who not faced such issue. However once someone face issue then they will certainly try to take advantage of the experienced members. Not every ipo participant has all the information, applying ipo is so simple nowadays. See how many people including me facing fund blocked issue in Kaynes when multiple ipo are in pipeline.
Yes simple message like fund unblocked once IPO result is already out is not desirable thing.
1014.5. ipobull| Link| Bookmark|
November 27, 2022 12:35:17 AM
IPO Guru (1000+ Posts, 1000+ Likes)
I would advise everyone to think of using Icicidirect, because you never face problems with it. In my 20 years, I have never faced any fund blocking/ unblocking problem.
There is already "Allotment " tab/page for every IPO. Allotment related comments can be opened on that page and an alert to restrict such messages (in colour) to that page can be shown near "reload messages" link on the main IPO comments page for notice.
1013. ipobull| Link| Bookmark|
November 22, 2022 3:03:57 PM
IPO Guru (1000+ Posts, 1000+ Likes)
While I was busy at pre-open yesterday to buy Archean, I also coolly purchased early in the day over 10,000 shares of Easy Trip (post its stock split & bonus), one of my favorite stocks @ 52. Now today within 1 day, it is at 68. What more do we need ? But no, I need more profit. So, buying it further by keeping strict Stop Loss.
Dear ipobull, Today I think ask you to can buy easytrip at these level and advice by you. If you suggested yesterday I am also buy . Can buy at these level please suggest. Thanks
1013.3. Ou Ai| Link| Bookmark|
November 22, 2022 7:02:55 PM
Top Contributor (300+ Posts, 300+ Likes)
Easy Trip Planners is another stock that came with IPO just few months ago and received lukewarm response. Post IPO it issued first bonus 1:1 and now another bonus 3:1 with stock split. Purchased it at 385 to 390 just before ex rights/split, a week before. Post split/bonus works out less than 50! Yesterday & today it hit upper circuit of 20%. Tomorrow circuit may be reduced to 10. Anyway travel portals have asset light business with huge business potential as more &more people undertake travel. It has potential to touch three figures in quick time. Happy Investing!
1013.4. ipobull| Link| Bookmark|
November 22, 2022 8:28:03 PM
IPO Guru (1000+ Posts, 1000+ Likes)
@DS, It is a safe bet due to its good financial performance and a good mover. But it should face some resistance @ 75-80 levels. But certainly, its a nice buy anywhere around the 65 levels. Go for it. Tomorrow, I will offload a part of my holding to buy @ lower levels. But, I will always remain a investor in this company until red flag is raised.
1013.5. ipobull| Link| Bookmark|
November 22, 2022 8:34:20 PM
IPO Guru (1000+ Posts, 1000+ Likes)
The nice thing about Easy Trip is that it rewards investors beautifully like almost no other company. It has issued couple of bonus issues and one stock split. This increases liquidity and interest in the stock immensely. And its the No. 2 Travel Operator in India.
1013.6. ipobull| Link| Bookmark|
November 24, 2022 9:54:54 AM
IPO Guru (1000+ Posts, 1000+ Likes)
As expected, pretty nice party is on in Easy Trip. You basically dream of such fast races in stocks. And when the dream comes true, you feel like this world is so nice.
They are under Sebi radar along with Nyka. I expect it will slide back to 55 levels. Can buy if got at that level or will be risky?
1013.8. ipobull| Link| Bookmark|
November 27, 2022 12:31:41 AM
IPO Guru (1000+ Posts, 1000+ Likes)
But current SEBI rules allow what they have done. Actually, SEBI is mulling to lower the time period for credit of bonus shares. Nothing much alarming. Easy Trip is financially performing and has not done anything against rules.
Strategy for the single lot I was allotted? Didn't sell in preopen. Selling pressure now. Possible to hit 800?
1012.5. NRI Investor| Link| Bookmark|
November 22, 2022 10:20:43 AM
Top Contributor (300+ Posts, 300+ Likes)
Great call. Now 700. already in loss of 4 lakhs+ within 20 minutes
1012.6. ipobull| Link| Bookmark|
November 22, 2022 10:23:13 AM
IPO Guru (1000+ Posts, 1000+ Likes)
@MRavi, Don't you look at valuations. Pre-Open price was jus too high. I expect it come down to 670 levels. Why do you not wait for stabilization of stock price before purchasing in bulk.
@MRavi sir, Wish you great profit here in short/long term! I am little startled by your contiguous pre-open bulk purchase despite we all seeing price coming down after listing is the recent trend. I believe QIB in Q also bought at much lower.
Dear all, Thanks for your comments and advises, well noted.
I am not a genius in timing of investments, and learning on daily basis. I believed in few of the recent main board buys though almost all of them dropped from listing price. I did buy Kaynes knowing it may drop but not expected of this fall. I bought with the conviction of the value justified (in my opinion) and invested for long term. No regrets.
Dear @MRavichandran Sir, Please can you give your views regarding expected growth potential and other valuation aspect for this company. Can we expect 40-50% CAGR growth in company's revenue and profit, looking into huge 2200Cr Orders and prospect of indian electronics industry to grow by 40% CAGR?
@Sanjay j dholetar, @AAvi, In spite of Varanium Cloud achieved the target of 500 in quick span, I believe, it will go to much higher levels. (few positives: the lots will be reduced from December, 5 of their clients includes Microsoft and Ooredoo from Qatar, results every quarterly..etc). If they deliver just similar results of Sep, it will take it over 1000 on the expectations of moving to main board. (my opinion could be biased due to my vested interest)
@ValueInvestorPA, 'Kaynes' has more business sectors than its peers like Syrma, Dixon etc. I have strong feeling that this company may deliver much better growth in the coming quarters and definitely a PF stock for long term investors)
@ValueInvestorPA That 40% cagr in electronics industry needs to be verified with the Industry report.I will also verify this in near future.Remember one thing consultants are paid for preparation of RHP.(Please read page 55 of RHP) N.B. I am also holding 1 retail lot of kaynes due to its diversity among business verticals and expected cagr in electronics industry(even 20% cagr in industry growth is very good).Though I am bit bothered about its ipo valuation in near future because it got listed when market was near ATH.I am not encouraging or discouraging anyone to buy/sell kaynes.
@Vulturee - Finally today unblocked! I use SBI+BHIM and it was the only case fund remained blocked for so long. Anyway it go unblocked on time. Now will try only ASBA only.
Above @MRavi's buy price? What price he got the shares, we must pay heed to his actions, he has got the trick sidha Nadi of stocks. He plays big and earns big.
1009. ipobull| Link| Bookmark|
November 23, 2022 11:02:08 AM
IPO Guru (1000+ Posts, 1000+ Likes)
Out of my busy office schedule, I have visited this forum to say that both the new IPO stocks Archean and Kaynes have made nice base building and there will be good upside. They have in fact made perfect base formation. There shall not be any major sell off. That means there will not be any major downside in these stocks. You can purchase without fear.
The reason for fall of syrma sgs is completion of lock in period for anchor investors,so huge selling.Its perfect time to accumulate at this range and can expect target price of 310 rs within a week and 350rs for longer time
1009.6. ipobull| Link| Bookmark|
November 25, 2022 8:43:52 PM
IPO Guru (1000+ Posts, 1000+ Likes)
@Dinesh, I'm not tracking this stock, but was never interested for long term in Syrma
@Ipobull... Wow such accurate info. Saw late otherwise could have entered in both. Archean I exited due to DCX factor. Both your suggestion are on fire!
1009.9. ipobull| Link| Bookmark|
November 25, 2022 11:37:57 PM
IPO Guru (1000+ Posts, 1000+ Likes)
@Not A Trader, Few beautiful low value stocks always in my radar which you all can consider are - Ujjivan Small Finance Bank, Easy My Trip and PC Jewellers.
Selling in pre open also has its Pros and cons...ask someone who sold adani wilmar in pre open...isliye pre open me bech kar bhi kai log regret karte hain.. that's why i never sold any IPO shares in pre open.. holding 4 lots of Kaynes..will sell two lots at 750.. will hold remaining two lots for long term..
@kryptipo...750-760 will come easily if nifty remains green for two trading session... otherwise it will take some more days...i don't see any major selling right now..its in good consolidation zone..i will also sell one lot at 750 level..i was allotted 6 lots.sold two lots at 760 on listing day.. remaining two lots will hold for long. Would have hold all for 800 target but i need fund for upcoming ipos. Regarding dharmaj and uniparts...Dharmaj is looking good right now..small issue, priced reasonably, good gmp and agrochemical sector..Will be subscribed hugely and allotment will be tough in all categories..uniparts is offer for sale and price is not clear yet so can't comment yet..demand will come only if priced reasonably. @shukla ji..i can feel your pain..Adani naam hi aisa hai..
Fir those who are applying through upi. Some recent observations i have those who apply from UPI...gpay is not updating sometimes that your amount is revoked...so for just this note down balance before applying for IPO and if you forgot your balance Just check with bank whether their is still any blocked amount or not
@SPAR My case is same as you, also i don't have any idea of allotment in that account as no debit message received. Today seeing at holding came to know that :D :D
Update on this. My amount is unblocked way back. Some recent observations i have those who apply from UPI...gpay is not updating sometimes that your amount is revoked...so for just this note down balance before applying for IPO and if you forgot your balance Just check with bank whether their is still any blocked amount or not.
1004. Silent lion| Link| Bookmark|
November 23, 2022 9:07:38 PM
Top Contributor (300+ Posts, 100+ Likes)
Pre open me upper khulne k bad hevy selling k karan bhut share toot gye h in past.. But dusre din 5,% up hua h esa koi ipo yad nhi aaraha selling k bad... Kuch bada hoga is me..
It has formed a base and buying activity was seen. Closed 4% up today, so looking good.
Still holding my 1 retail lot. People who bought under 700 will be rewarded if they have patience to hold at least for a quarter. Will try to pickup some ~700 during intraday swings in the future...
@IPOGUY IPOGainers For a good company why not possible. Didn't data patterns performed well in past and its time for boom in defence,Aerospace industries. Kaynes clients are not just limited to defence and aerospace but also IT, railway, medical, nuclear,automotive,IOT industries.
8 manufacturing facilities + expansion+ new facility setup Doing both oem and odm demand of IOT solutions cable harnessing Testing facility service provider +Investments flowing because of positive market sentiment
As per my calculations, it will touch 800+ within fortnight. Fundamentals are strong. Face Value is also Rs 10. Moreover, strong order book also support the performance. Short term players will sell their holding shortly. Good candidate for long term.
Dharmendra Ji, I sold data pattern and moved to dcx Venus pipe sold at 750 . Currently holding Syrma Harsha Dcx Bikaji Kaynes. Waiting for same return as Data pattern and venus pipe then move to next better IPO
For me too, but don't touch anything, should get sorted by backend team or automatically in a day or two.
999.2. Liger| Link| Bookmark|
November 23, 2022 10:11:10 AM
Top Contributor (300+ Posts, 500+ Likes)
yes. it should get sorted out automatically. for safe side, generate complaint ticket so that zerodha gets to know about the issue.
999.3. Liger| Link| Bookmark|
November 23, 2022 10:36:17 AM
Top Contributor (300+ Posts, 500+ Likes)
Dear User,
The buy average for the shares of KAYNES received from the IPO, is yet to be updated on our systems. You may see a discrepancy for these shares on Kite and Console. The correct buy average and P&L will be updated in a couple of days time. Kindly refrain from adding any external trades on Console for this security.
If you wish to sell your holding in the stock, you can do so by ascertaining the P&L from the allotment price of Rs. 587.
998. The Nest| Link| Bookmark|
November 23, 2022 9:28:52 AM
Top Contributor (300+ Posts, 200+ Likes)
Kaynes Technology India: Portfolio management company ValueQuest Investment, and foreign investors TNTBC, Norges Bank, and Goldman Sachs have bought Rs 221 crore worth shares in Kaynes Technology India. Valuequest Investment Advisors bought 9.84 lakh shares at an average price of Rs 764.28 a piece, TNTBC as the trustee of Nomura India Stock Mother Fund purchased 6 lakh shares at an average price of Rs 723.1 per share, Norges Bank on account of the Government Pension Fund Global bought 9.24 lakh shares at an average price of Rs 751.16 per share, and Goldman Sachs Funds - Goldman Sachs India Equity Portfolio purchased 4.66 lakh shares at an average price of Rs 705.28 per share.