Can anyone throw some light on the Management of this company? Can''t find any doctors, radiologists etc on the Management Team. Also past experience of the MD has been in running a boutique. Other management team if from a finance background. Something doesn''t link well in all this!! Also promoter holding is low. All this is raising question mark about this company. Any comments?
Hi, Can some one suggest Krsnaa Diagnostics should be sold in loss as its falling. Or holding it for 3-5 months would be beneficial? Will this go beyond 1100.
321.1. sdz| Link| Bookmark|
August 16, 2021 7:28:37 PM
IPO Guru (1200+ Posts, 500+ Likes)
Yes, those 3 are hopeless and expectations were low from beginning so who all applied are at their risk.
Hope CarTrade won''t ditch us, I may get 55 shares. 1600-1700 listing as sentiment weak? Thought Allotment today and as there is no noise in the group checked dates again and got to know it''s tomorrow 😀
@ sdz.. above 3 scripts barely complete the subscription.. they received very poor response if compared to krsnaa n windlass.. n still people are talking about there gmps.. its really need a big heart to talk about gmps after applying these ipo.. its looks like retailers r trapped in this.. they all r over valued n big size ipos.. people really carried away with the bull market sentiments.. n promoters cash them beautifully.. now no way out type of situations.. its a side effects of bull market.. people see every ipo as a dark horse.. compare every ipo with sona comstar is a new trend.. whatever happened today its a wake up call ..no sure profit in ipos.. Gmp is hogwash... Everyone feels like Partik Gandhi .. people needs to understand every ipo is not worth our hard earned money...
I feel if atlest two of these will list in discount then entire IPO market will turn negative in sentiment. Windlass already burned some peoples hand. In that case, subscriptions will come down for future issues.
321.4. lokes| Link| Bookmark|
August 17, 2021 12:27:07 PM
IPO Guru (4400+ Posts, 5100+ Likes)
aptus was having good subscription from NII/QIB not in retail.... I have applied in aptus and in nuvoco also in retail :)
@noorul: like all ipos will not go sona comstar way same way all ipos dont go as per subscriptions also, as seen in windlass and many others.....i feel aptus will list in premium only, no idea about other two, chemcon i didnt applied... btw anything can happen in share market, lets see....
321.5. lokes| Link| Bookmark|
August 17, 2021 12:28:40 PM
IPO Guru (4400+ Posts, 5100+ Likes)
even this krsnaa is also struggling, not trading as per subscription figures... so both subscription and gmp can ditch anytime.....
321.6. sdz| Link| Bookmark|
August 17, 2021 1:30:20 PM
IPO Guru (1200+ Posts, 500+ Likes)
Now from the current IPO lot I''m holding 500Devyani@107, 100Krsna@973 after intraday profit, 57 CarTrade@1,618. Hope midcap sentiment improves. Applied in Aptus from 2 retail
320. Adp| Link| Bookmark|
August 17, 2021 1:01:01 PM
Top Contributor (500+ Posts, 100+ Likes)
This is really absurd, Ideally IPOs are best chance for retailers to find future stars as good companies are already discovered and hence very expensive. Instead retailers using the quota system (there is no exact system like this favors retailers in other parts of world) to quick bucks leaving the golden eggs. Of course not every company is a Gem, but sure most miss out the bumper party and happy with candies :)
317.3. AhireR| Link| Bookmark|
August 16, 2021 11:23:03 AM
IPO Mentor (800+ Posts, 1000+ Likes)
@courser Yes bahot kuch hai lekin ye page krsnaa ka hai isliye maine comment kiya ki ye long term me achha reward dega. @poweruser I am really sorry you felt this absurd. This is my view, I may be wrong.
@AhireR, Actually I second your opinion :). That reply was rebuttal to listing gains comment, may be I need to be more clear. I am a long term investor too, entered at 976 in this. Lalpath labs been in a big gainer in my portfolio, this business model is totally different in Krsnaa. I want to how they grow in next 2 years.
It is well known fact that right now majority of retail participants are applying in IPOs due to rising market.. Other side of the coin is that, there are lot of ina-mina-dika type small companies bringing their IPOs to make cash in rising market.
So, any such scripts can go above 100% up or 100% down within weeks. At such a volatile level how good be the long-term comment.?
For example:Endurance technology, HDFC AMC, IRCTC are the proven companies to bet on long term during their IPOs. Try to find out difference between these two categories.
5% upper and lower circuit bound on exxaro itself revealing it''s catagory.