Kaynes Technology India Ltd IPO Message Board (Page 2)

Qib's portion has lock-in period.

Bulk deals are only BUY and no SELL

Correction..
Only one SELL - much lesser in proportion as compared to BUY.

how ?? mene 8 account se becha pre open me.. even soda time 9.03 , 11, 24, 29, 30, 34, 39, 42 and all exicuted at 9.44.38 sec. to problem !!!

Same happened with me in groww. Got Tpin after 20 min. Than sold at 700.

@CB
Try to authorize at/after 8am itself in listing day, zerodha allows eDIS TPIN Authorization from 8am. you can avoid last minute rush by pre releasing.

@ CB, i also faced some issue while selling. it was not seeing in order history, not able to modify when it was going down.....

I too sold in zerodha .no problem at all.

I have to authorize sell order everyday as POA is not with Zerodha. It was my first BHNI and could book only 50% of available gain. 785 GTT hit and order failed and I kept trying . Price fell very sharp, I also did some delay after that to see it come to 750 but no. Even my GTT for Ajanta Pharma not hit at 1200 despite price went below 1190.

I am planning to give PoA to Zerodha all my accounts, as I am facing these TPIN headaches everytime... I feel the old zerodha acc. opened 5yr before with POA are breeze to use, however for all new digital accounts, multiple hurdles especially for gtt sell orders big issue...

I think, if we take adequate precautions like frequent password changes, complex pass code, 2fa for linked email, and by using cdsl easiest features to frozen / lock and unlock of shares etc... I dont see any huge risk in giving PoA to Zerodha..

Definetly there wont be any misuse from Zerodha like Karvy... what really matters is how well we protect our accounts from scamsters...

Any other opinions in this regard is welcomed..

Wow another miss for me... Fired MIRZA GTT @270 from two accounts and none got placed, and it is 311 now!! Certainly not a favorable day for me! @Monster Zero did you buy in bulk to send it to moon 😉😁😁

Out of the box question, but need help
I applied in this ipo and got allotment, but shares were not credited to my demat account.
My dmat account is with axis direct.
Is there any chage in dp is of axis direct as my dp is showing different I'd as that of old is which I used in the past
Pls guide me this
Whom do i ask/complain
Ur responses are highly appreciable

Closed above few paisa to my sell price, so heartburn is little less still lost big profit. Now onward I will prepare better, never had faced such TPIN/CDSL issue and it happened a few times today giving much time to spoil profit as well composure triggering fear. Anyway It was a profit so all well.

@Shine Seems you have multiple accounts. My be old account is inactive and you applied for that account! Check the details correctly and approach the broker. I don't have idea about Axis Direct. Members dealing with them shall help you with input.

Stop loss hit at 700, disaster show after listing.
Happy with profits, but I wonder where did all the QIB and preopen buyers vanished. There is no resistance, it's a falling knife.

Could be an operator game.

I think SEBI's new allotment rules is to be blamed. Seen this many times.
With new rules, many retailer turned SNHI and some BHNI and then get allotments of 14lots ie. 2lac which huge for them compared to earlier rule when they are alloted 1 lot or some proportionate amount which will be generally 3-4 lots. But surely not 14 lots.
At the time of listing they do not/ cannot/ do not want to hold such large allotment and tend to sell.
In my opinion this cause extra selling pressure.

@ DuckkyDuck, looks like this is genuine reason of falling,

Yesterday me too thinking same thing...

@DuckkyDuck I'd personally not put all the blame on them, they surely are one of the causes. Selling pressure has surely increased with short term retailers turned Small HNI looking for short way quick outs.

There was tremendous demand in QIB and even in preopen, so much so it should've absorbed selling pressure better than the many last few IPOs, for eg it did worse than Archean in resisting the selling pressure, despite market being positive. Can't help but think this script was operated. On to the next one anyways.

Proportionate basis rule was good instead of current rule.

@DuckyDuck - with all due respect, if those lots are allotted to HNIs instead of SHNI (so called retailers), will they be playing long term story? Nah, I don't think so. Every body wants to make a quick buck. I feel its just the trend of all recent IPOs where most of them donot want to go for long term.

@Milton agreed. I think the role of new sHNI is overstated by many in this forum. Everyone is here to make a quick buck. Some surely aren't, but they're a huge minority. Even if I assumed all bHNI are serious long term investors, they're still 5% of overall script.

I don't like antagonizing/blaming sHNI. Maybe if every script was falling like this after listing, after new rules. Then it'd have made sense. But it's not so.

Ducky Duck, Think of the other side. We used to apply in retail, earning peanuts. Rarely any IPO opened in double, earnings were 3-6K per lot. Now in SHni and Bhni we are earning 50k-100K per HNI lot. This is a great decision by SEBI. Previously Money bags got funding of 100 Cr from NBFCs to apply in HNI and used to corner all the shares. Now equal ground.

Bro ye stock market hai isme koi Fundamental kam nahi karta hai only Opreter Game.

@Duckkyduck.. u have raised a valid point. It's long time too see u here.. nice to see u back.. hope u r also enjoying the allotment..and minting money.. 😊

@DuckkyDuck @milton and others: New rule is good but main point new rule is that if they would be giving only 1 lot minimum instead of 14 lots in shni then so many people will be able to get allotment. Now with this rule, its anyways still big competition in good ipos as they usually go around 50-60X in shni, but with 1 lot minimum allotment then it will be more fair and more distributed to multiple people and then each one thinking is different, all will not be selling on listing and people can hold 1 lot easily even if its going down after listing, now since single person get 14 lots so definitely most of the people are not able to hold such big amount else it will keep reducing cash money also if people keep holding many ipo 14 lots, so selling increases....but with 1 lot, many can get allotments and easy to hold multiple ipos....

@lokes
100% correct…many spoilers of main board listing and performance. The one above is major reason (once the price come down and who bought at low, used to sell for few rupees more and the stock mostly don’t recover quickly) to my personal opinion.

Thanks

Don't buy it before 255

@SSingh, aapke moonh mei ghee shakkar

Why didn't you sell it @ 760 - 770 range.? that's why you should never look at big ppl's messages and tweets. also many ppl wrote they bought this much in pre-open, sabne socha, ab ye upar jayega ... boom boom

was expectig turnaround after fall but...

i.e why I always sold my half allotment in Pre-open whatever the calls.
Due to this- great savings in LIC/Car trade/Policy Bazar types listings.

very good strategy

Its ok, nobody can catch the top or bottom. Equity market is a regret machine.

Right boss... nontheless made good profit anyways

...and I was thinking that I am the only one in forum who exited for below 700. I too wasted few minutes once TPIN/Verification was done and price was at 700 that it will rebound but no, it was still sliding so jut hit market order exit 😑 @689.52 avg.