Shoot uppp hoga T GROUP LISTING high demand and limited equity
212. G profit| Link| Bookmark|
June 10, 2024 6:54:45 AM
IPO Mentor (1200+ Posts, 300+ Likes)
Decent track record of revenue, good industry, reasonable price valuation compared to peers, present favourable market conditions. I guess for a 50% premium on listing. All depends on big players. But market is always king.
@B positive In T2T you can only sell the shares you have in your demat.. You can buy the shares but cannot sell those on the same day (intraday).. I think the stock remains in T2T for 10 days..
You need to ask yourself as to why you applied in this counter. If for listing gains, should not think twice provided it meets your targets. One lot is not going to yield fantastic returns/losses, so if you have conviction and are able to get at better price - may even consider adding some more. Anything is possible in newly listed company - may track one or two quarter results if planning to hold. Good Luck 🍀
@Dharmendra Sharma I am buying quality PSU and some defence and specially some infra stock top picks IRB infra, Pnc infra, in defence Premier explosive and BDL and some other but it's not my recommendation to buy or sell please take advice of your financial advisor, I am a risk takers in market. My pick of the year is IRB infra which can give 3x return in this year.
I Have applied in JSW infra ipo (BHNI). But no allotment received Now this transaction is shows in AIS of Income tax portal in SFT Transaction under the head purchase of shares
Now what can I do for this Transaction Any one face this similar issue and pls tell what can I do.??
This shouldn't be a big issue except the mismatch of records. Sometimes, income tax department do send emails to seek further information on such data. At that time, you can clarify that you was never alloted these shares. Or you may consult any CA. It should be a small issue for him.
202.3. Anshujii| Link| Bookmark|
June 8, 2024 2:16:23 AM
Top Contributor (700+ Posts, 100+ Likes)
Same in my AIS.. applied in senco and jsw in BHNi but not allotted. However showing in AIS and full 10 lakh worth shares..
The price looks good tbh, it's almost at 50% of its listing day price. Not bad price to enter, but the problem is many people have already made gains (the intended people, I meant). So, I am not sure, if this will show any movement in short term. If your view is long term, then you can enter.
On down trend, I agree, I dont see this going lot further down from here, and should move upwards (but slowly).
Disclaimer: I am not invested in this company and not planning to even in near future.
@exness Not tracking this stock. Applied for 53 lots but did not get allotment though the ratio was just 1:2. Having fed up with non-allotment, I simply ignored this stock.
197.1. Chhote Lal| Link| Bookmark|
June 7, 2024 11:29:43 AM
IPO Mentor (6100+ Posts, 4500+ Likes)
GMP can swing to either side by the time it gets listed. In my view, a double digit (%) premium may be expected during listing. Let's keep a keen watch.
@InsiderIPO It is very difficult to predict listing of a stock. There are various factors that affect a listing, one of them is GMP.. A positive or negative market opening might also affect the listing... If you do not want to take risk then exit in pre open..
Thanks for the views, I am looking at the long term perspective here. Given company is small & enjoys certain degree of monopoly, was planning to hold for longer term.
Listing wise if lists too high changes are it will come down in short term, so can plan to exit & enter for same value to hold more shares.
@InsiderIPO One should take call on own conviction. If listing gains are on higher side than expected, no harm doing some partial exit. Watch price action on listing and then take decision. All the Best 🍀
@SHINE Current GMP is Rs 30 or about 22%, if same remains maintained, one can expect a decent positive listing. A lot depends on market mood and sentiments on listing day.
What are the chances that Nitin Gadkari doesn't retain the Minister for Road Transport & Highways? I am cautious and booking the infra stocks, my take if for any reason he doesn't retain this dept, stock can show corrections. I personally had very large position(My highest) in IRB, already booked 75% today.
Seems difficult, If Gadkari doesn't retain Road Transport it will be seen as Modi is sidelining all good leaders. The mandate that BJP has got shows a cautious approach needed & gadkari with good image across partylines should retain his ministry. Plus do not see JDU or TDP eyeing for his ministry so seems safe.
@Agrawal S Such speculations keep floating. In broader spectrum, no big change in policies are expected even if reshuffle of portfolios gets carried out. One may take call based on own conviction. In my view remaining invested will be prudent.
@Chhote Lal Ji, Completely understand your point. My decision was not based on speculation, just went bit defensive here. Already it moved 5% after I booked 75%. But I didn't want to give any outside chance of some unrealistic changes.