@neo, In normal market it could possible more than 90. (however, SME doesn't much follow any rules). 85 could be reasonable listing now. (If you are an investor, you may just hold this. this may go easily past 90 or even 100, once next results declared. (the textile names like Abcots and Swaraj did well after listing)
249.1. lokes| Link| Bookmark|
May 5, 2022 4:09:14 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@sahil: there is no info for results still in this....and no other news.... https://www.nseindia.com/get-quotes/equity?symbol=PRECISION yes in google its saying temporarily closed, no idea why....there is mail id mentioned in site where we can send mail and ask: investor@precision-metaliks.com from some months its moving around same 40 levels only......
Email id investor@precision-metaliks.com Also not receiving emails and showing as blocked your email @lokes Plz guide us
249.3. lokes| Link| Bookmark|
May 5, 2022 5:12:40 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@neo: i didn't tried on email etc so, i heard its plant also closed temporary....so no idea if there is some genuine issue with company now or some temporary concern....i am having 1 lot and i will be holding that.....you can book loss above 40 levels if you can't afford much risk or keep some stoploss.....nothing can be done now and there is no concrete news....
Didn't Applied Due to past Experience with Burgerking Crashing just Before The closing window of Mrs Bectors.. this going to list on 9 and The Lic closing on 9 Well was Alarmed
1. Le Merite - 1/4 2. Nanavati - Skipped 3. Fone4 - Skipped 4. Campus - 0/4 5. Rainbow - 1 applied 6 sonu infra - Skipped one sme allotment till now😀 First Time Applied 4 and get 1.
Financial/ Balance sheet of the company is very strong. Secondly it's business is in textile/ Cotton field which is currently booming and all the companies in the same field is doing good on bourse. Govt is also encouraging of these companies which may give good returns over short to medium term in this company.
244.1. Kal.Atar| Link| Bookmark|
May 5, 2022 7:34:49 PM
IPO Guru (1000+ Posts, 700+ Likes)
Mam,, Do you have idea about its expected listing price, i have been allotted 1 lot here, what should be my entry price in LMExpo if I want to add 1 lot more in pre-open or after. Kindly advise..
Dear SME Experts, I have a basic question Kindly reply. I know that in IPO's we can apply only on LOTS in SME board. My bad luck, I have never got allotted in IPO's. If we want to buy in secondary market, even there also are we required to buy in LOT's or we can buy in individual quantities. Kindly clarify my doubt.
@MRAVICHANDRAN SIR ,@LOKES SIR Your both suggestions are very useful to us. Thank you very much for your great help and valuable information in this board. Sir, I have badly stuck on VIVO on listing day(Rs.340) by purchasing it. Will it come my price in near future. Shall i wait/book loss and exit?
240.1. Venkatram| Link| Bookmark|
May 4, 2022 6:41:23 PM
Top Contributor (300+ Posts, 100+ Likes)
@Nani, Was on the same boat then I switched from this to Vivo to KN agri when the share prices were same. I believe KN Agri has more potential to provide profit. Vivo am not that sure. Rest your call.
240.2. lokes| Link| Bookmark|
May 5, 2022 5:06:23 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@nani: venkatram took right decision i think in this.... for vivo, as i informed that time, listing was already at too much high price so it was very risky to buy at such price. Now its tough to say when it will come to that price , how long it will take etc so in my opinion, whenever it comes near or crosses 200 then better sell this and shift to something else...or keep some stoploss for sure once it gives some upmove to save yourself for any further downmove, like happening now in NRL and krishna defence...
Sir i have 1lot of sawraj suiting please advice me sell or hold
238.1. lokes| Link| Bookmark|
May 4, 2022 5:22:19 PM
IPO Guru (4400+ Posts, 5100+ Likes)
In my view, keep holding with some stoploss around 72-73 and increase stoploss when share price moves...
238.2. lokes| Link| Bookmark|
May 5, 2022 4:33:49 PM
IPO Guru (4400+ Posts, 5100+ Likes)
i was having 2 lots of swaraj suitings.... one lot is sold today at 86 and still holding other lot....
237. Imhilli| Link| Bookmark|
May 5, 2022 11:58:45 AM
IPO Guru (1200+ Posts, 700+ Likes)
Anyone got just 1 lot in HNI category? Please check and respond. This will clear the doubt that whether HNI allotment is proportionate or lottery based in SME