Hi All. I’m new to IPO world and Le merite is the first SME IPO that I have got ( 1 lot). Wanted guidance on following 2 aspects :
On listing day can I sell half lot ( 800 shares in this case) or I need to seek complete 1 lot (1600 shares)
Secondly - what is the best approach for day 1 for SME IPO, shall I sell on day 1 ( even at margin of 10 rs per share ) or hold on for a week to have atleast 25 rs margin per share. Does SME Share price falls steeply , 1 week post listing.
My two applications' money in two different SBI accounts has yet not been unblocked. While Kotak was so prompt that it unblocked on 4 th itself. It seems being a govt bank, it might have loaned all these clients' money to dodanis and bombanis? lesson- never apply through SBI
Dear Admin, Please update the listing date of " Le Merite Exports IPO" as few websites are showing listing on 9th May, while few others are showing listing on 10th May. I am confused about listing date, so please let us know exact date...
@anantagg As I Saw You Have 8 Lac+ Shares While You Applied For 60 Lac Shares. So what If You Buy All Lots Whose Going to Sell on Listing Day. Instead Of Selling Go For Buy Remaining 56 Lac Shares. I bet You will not Regret This Decision. Company Is Fundamentally Strong and It will list in Main Board in 2 Years.
Looking the way market is falling(Nifty down 650 points in 3 days), it will list around 80 to 85 Rs. But it has potential to goto 100 rs once market stabilizes.
Please see Swaraj Suiting, it went down all the way to 44Rs and now it's at 80 Rs.
This stock is stronger than Swaraj and I will hold my 2 lots to sell at 100 Rs.
@CA Mohit, I am holding all allotted. Not much to worry for if you are looking to hold for 6 months and beyond. (you may wait for next results and decide)
@Ravi sir , Lokes , Noorul and All respected members
I have not alloted any lot (like me many others also not alloted ) What should be the ideal price ( range ) to buy in pre-open or after listing ? And how long we should hold it ( price range or month )?
@NaveenK you may consider buying maximum 80 at pre-open/listing (not sure if the market would have recovered before listing), for at least 6 months for a target of 90
This is just my guess only after seeing similar stocks performance. Kindly consider within your risk taking abilities.
841000 share ki kimat jante hain....6,30,75,000/-. Yadi 15x gaya hai to kam se kam 50 crore ki application lagai hogi. Impossible having such huge money will apply in these IPO. Unbelievable.
Hope for Good Listing Sir. Anant Sir any suggestion for Nupur recyclers ? Yesterday there was a big selling pressure at LC. Are the Q4 results really poor ?
100% white lie. Mr Anant Aggrawal.......if you show me allotment of 841,000 share, I will give you 1 crore from my side. Why you make fool innocent people here. There is minimum lot of 1600 shares, how come you can be allotted 841,000 shares. I never gonna believe you. Here many people respect you but first I never believed that you applied for 8300 lots...as HNI issue size was only 24 crore and now your allotment figure doesn't match with lot size. Just enjoy your dreams.
aur agar apne 8300 lot agaye the to apko 9,20,000 shares allot hone chahiye they na ki 8,41,000 shares. Mene be 1500 lot lagaye the....muje to 104 lot allot huae, is propotion se apko 575 lot = 9,20,000 shares milne chahiye the. For god sake stop making false comments here. Be sincere n mature.
259.19. BuLLz EyE| Link| Bookmark|
May 5, 2022 10:36:09 AM
IPO Mentor (800+ Posts, 1100+ Likes)
Beware There are many Fenku here one more thing, big investor does not mean wise investor
259.20. Trueinfo| Link| Bookmark|
May 5, 2022 11:18:20 AM
IPO Guru (1800+ Posts, 1700+ Likes)
@Anantagg claims are always genuine. He has capacity of employing to the tune of 100 cr. We have been watching HNI subscription jump when @ Anantagg puts in bids. Boarders, we are fortunate to have amongst us truly big HNI and his sharing of thoughts are of great help to us all. Yes, 841000 is not multiple of 1600 , which should be. As @Mravi, another esteemed HNI, has said, it may be 'Typo'. This is my opinion. Others may or may not agree. But no jhagda please.
259.23. anantagg| Link| Bookmark|
May 6, 2022 12:46:11 AM
Top Contributor (200+ Posts, 200+ Likes)
Suneel thank you.
MRavi thank you.
Katar thank you, I am not sure. It depends on the lisiting price. Will sell 25% on pre listing.
Iponahimilraha sorry but i cant read hindi.
NaveenK thank you.
Ravu thank you, I want retailer to not lose money. If the pre listing is below 80 then i will only sell 25% of my holding and if its above then i might think to sell more.
LallanP holding 4-5% company doesnt mean i am the new promoter.
Sharekhan i am looking to exit above 85.
Lokes thank you.
RSK thank you, it was a typo.
Sanjeev thank you.
Mravi thanks for understanding.
RP goyal please look at my previous message. You can check my allotment on your own.
Dinesh KR thank you, I believe you must have seen the results. They are good.
PKC look at my previous message. Also let me know how will you transfer 1cr. I will be waiting for your message and my money.
Bullz Eye I dont have to be fenku.
Trueinfo thanks for explaining everyone and believing in me.
Charlie thank you.
Sorry for replying late. Was busy with other work.
I am sorry for my comment but see what you mentioned that you applied for 8300 lot but you applied 7580 lots / 2 and therefore with that calculation, I found your comments/claim were wrong.
I am small HNI not big as you, so once I applied big application through AU BANK but it was rejected in KRISHANA DEFENCE IPO, they said that I can apply for nearly 5cr applicatioin only,wherease my application size was 16cr, so I was surprised that for 24cr in HNI quota, how could you apply nearly 90 cr application. I am going to fight with my bank, as I got only 9000 shares of Krishan Defence.
Anyway from now on you are my GURU. I apologize if something hurts you. I cant send you 1cr bcz you gave wrong data for application/allotment size, which doesnt match but from now only, I will trust your comments.
btw I want to learn something from you, if you are okay to teach me as I am new in SME IPO. I dont know how to find GMP or sell in prelisting etc. can you plz help me.
If anyone need more proof, than check BOA HNI category row number 78
thanks
259.28. lokes| Link| Bookmark|
May 6, 2022 12:59:29 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@PKC: you also applied in multiple applications? since there is no single application of 1500 lot and 104 lot allotment as per BOA. https://www.chittorgarh.com/ipo_basis_of_allotment/le-merite-exports-ipo/1244/ so either its 74+77 , or 71 number entry for you ?
259.29. anantagg| Link| Bookmark|
May 6, 2022 2:14:09 PM
Top Contributor (200+ Posts, 200+ Likes)
PKC 2 of my small application were rejected because broker has entered wrong bank details. Thats why i have got less allotment.
I can provide you all the data for 8300 lots if you are willing to give me 1cr.
To sell in pre listing just put a big after 9:30 at lower band also you can apply from dubai or Mauritius in QIB as a FIP but you have be a NRI and your money should be in your overseas account.
Lokes maybe PKC has applied from multiple accounts or he might be fooling everyone.
@Manup..........O! "CKB".........comment pad. 8300 lot 841000 shares........nahi hai na ? to kis chiz ke 1 cr dene hai ?............... wahi to tum C... ki samaj mai nahi ati aur faltu ke C.... rahte ho.
258. Bhav| Link| Bookmark|
May 6, 2022 4:37:26 PM
Top Contributor (400+ Posts, 100+ Likes)
@anantagg
As you are almost holing 10% shares of this issue, Please dont put sell order in pre open at lower price band, listing price ki band baj jati hai .......
258.1. Bhav| Link| Bookmark|
May 6, 2022 4:38:09 PM
Top Contributor (400+ Posts, 100+ Likes)
@PKC, In spite of your new here, I still believe you as per my message few days back (you are a big HNI and allotted the lots as you quoted).
But if you don't mind, may I want to ask to you. - when you didn't believe some one, you have used unwanted language to question his integrity (you could have been polite) - At the same time if some one questioned with facts on your message, you easily get offended instead of trying to provide the facts
Congrats @MRavi sir. All the best. Last time I booked 30K loss in 4 lots Cool caps. This time I will be holding till I make 30K profit in Le Me...let's see 😀
Dear avenue I also got 1 lot.. Hame noorul aur mravi ji ka 1-1 lot unke lot mese allotted huva hai.. Enjoy... Mane bat kar di thi bigshare register se... So enjoy dear
255.8. Imhilli| Link| Bookmark|
May 5, 2022 12:00:59 PM
IPO Guru (1200+ Posts, 700+ Likes)
@God is Great In which category did you apply? RII or HNI?
255.10. DEVBULL| Link| Bookmark|
May 5, 2022 7:24:05 PM
Top Contributor (500+ Posts, 200+ Likes)
1) Applied HNI/20 lots/2 applications ---> Allotted 2 lots each (Total 4 lots). 2) @God is Great. How many lots you have applied under HNI? Bigshare wala kia bola tha, aap ko.
@MRavi... I admit I felt unlucky after getting 1/24 especially after seeing 2/25 and 2 x 2/20. But got good in Campus...
@Devbull... Lucky you. :) Congratulations and best wishes...
255.12. DEVBULL| Link| Bookmark|
May 5, 2022 10:36:25 PM
Top Contributor (500+ Posts, 200+ Likes)
@Avenue. Thank you. But I think you are luckier than me having got allotment of 2/2BHNI for Campus. I didn’t get any allotment there for my 3 applications; one each in BHNI/SHNI/Retail.
I have seen BoA now. 3 people applied for 24 lots, two of them got 2 lots and one (me) got 1 😎
And I think in this case, no HNI shares were moved to retail...
255.14. lokes| Link| Bookmark|
May 6, 2022 1:50:05 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@avenue: you are being more lucky in mainboard ipos now. yes there is no movement of shares here, because that case is not applicable here since, as per BOA, retail subscription is 14.04X and HNI subscription is 14.46X and in valid applications also, demand in HNI is more than retail. And that rule, as you know, is applicable only when retail demand is more.
Wait For The Results If You are For Long Term. It has Huge Capacity But Capitalisation is 25%. If it Double Up The Capacity utilisation it Can Surly Be A Good Bet. If You Are For Short Term then Exit If You Are In Profit.