Krishca Strapping Solutions Limited IPO Message Board (Page 2)

Your estimate seems to be incorrect.

🙏 After longtime. Good luck.

Not significant volume today hence will keep going down as many stuck

Sir if you any idea. So pls tell me LC when will Be Open? 🙏 4th day is today. Still it is going downside.

Bought another 30 lots today...will add more if needed.

Thanks

Congratulations, @MRavichandran, now you own 3.92% (approx) of issues IPO shares. Your messages give boost to other people. I sold my IPO shares of silicon rental @132, when it went up and it's still going up since then. No regret however, still made profit. Krishca is good company, I wanted to buy it around 100 but couldn't get opportunity at listing. Now it was sub 100 today, so I bought today with limited fund. Will go long with it. Ready to ride the rollar coaster 🎢.

@Logij Kumar 
I will be buying more Krishca nearby as the growth plan is visible and taking market share quickly from few old timers with the new Quality production line. With automation, production cost looks efficient with peers. Steel price variation is protected and this business going to grow with the new UAE expansion plan. Hold on for one year to see the real value of this company.

Disclosure: invested heavily, opinion could be biased unintentionally 

Thanks

Hi Ravi,
I like the company business model.Hope you are chennai based,have you visited this company? I have following doubts.Can you clarify if possible.
- Who are all the company client's ?
- When i see the reviews in google or indeed,got uniform of 5 star rating.This ratings are given 3 month ago.No bad comments,
- Profit level, will they maintqain this ?

Dear all,
Added 11 lots more today.

@satheesh Kumar
please see my responses:
I did not visit the company. But did some research and follow-up through my friend's circle in Chennai.

- Who are all the company client's ?
Major customers are steel mills like JSW Steel, Tata Steel, JSPL, JSL.
In glass industry gold plus glass, saint gobain
In Saudi Obeikan glass and several steel tube companies in middle east

- When i see the reviews in google or indeed, got uniform of 5 star rating. This ratings are given 3 month ago. No bad comments,
No comments to offer.

- Profit level, will they maintain this ?

Yes... they will

Thanks

Pls suggests me. It will be going up or down side?? I bought 8 lots on listing price. But lower circuit is not open. So what will do next? Pls help mee.

Hope it will stabilize after hevy selling by QIBs..

@Sweetypandya, well!! you may had some strategy or expectation before buy a big chunk of 8 lots in one go in preopen. 19 lac is a lot of amount. Most people here don't have active portfolio as big as that.

Now only a good result declaration from company will save you. So sit tight.

@sweetypandhya
Just analysis from past ipo listing
It has not listed too high and listed below the GMP so there wont be many LC ....
U need to wait for a day or two and it would be back to greens....
If it had listed way above it's GMP then it would suffered a lot, but that's not the case here.....
Have patience .....
though buying 8 lots being new to sme and having less patience is never advisable.....

Don't think circuit would open up .. It might open lower for next 2 session is my gut .. Should have sold it in pre-open .. Hope the circuit opens up soon !!!

Sale tomorrow..you will get handsome profits.
Put sale order at pre open.

Thanks. I have put sale order @99

I dont think pre-open selling will give the right price for an ipo that was oversubscribed at 300++ times.

If i were you I would wait for the dust to settle but definetely wouldnt sell this blindly in pre-open

Arjun ka nishana 👌👌