Price coming down? I think problem was the 100% OFS by one of the promoter group person. If company has future why one promoter exit fully? Also all ipo money gave to that person! Not even one rupee left for business...
This is the only negative for this stock at this time. However still promoters hold more than 70%. Promoter cost of acquisition may be very low. They have full rights to encash at some point.
223.2. SJogi| Link| Bookmark|
March 16, 2023 11:06:35 PM
IPO Guru (1100+ Posts, 900+ Likes)
Current market sentiment is bearish that's why.
222. SJogi| Link| Bookmark|
March 9, 2023 11:57:17 AM
IPO Guru (1100+ Posts, 900+ Likes)
Exited from this stock today in preopening.
221. SJogi| Link| Bookmark|
March 8, 2023 9:25:47 AM
IPO Guru (1100+ Posts, 900+ Likes)
All the current shares of hems are finding it very difficult to bounce back. Hems ka waqt acha nahi chalra hai 😅.
221.1. SJogi| Link| Bookmark|
March 14, 2023 11:22:24 AM
IPO Guru (1100+ Posts, 900+ Likes)
Chaman metallics limited awards order for manufacturing and supply of 1×32 MW steam turbo Generator and its auxiliaries under expansion project.
217. SJogi| Link| Bookmark|
March 6, 2023 7:49:25 PM
IPO Guru (1100+ Posts, 900+ Likes)
2 lakh share bought by multipliers share and advisor. LC opened But the concern is that multiplier shares advisor is very short term trader. Whats your view on this guys?is it good or bad? I bought 1 lot at LC today.
I have invested for long term on listing day as company p/e was not so much high at 180, it was around 27-28. My p/E valuation expectation for every sector is going high after watching P/E of Adani shares where p/e can be as high as 400 so not my fault
LC will not open!! Reason is that one of the promoter group member sold entire stake in IPO and exited. (100% OFS only) Not a single rupee is left to the company in IPO. Why would LC Open?!! SEBI should have red marked this and called it as OFS only not IPO!
212.2. IPO VALSAD| Link| Bookmark|
March 3, 2023 6:33:41 PM
Top Contributor (300+ Posts, 100+ Likes)
Don't worry... LC will open soon... Enjoy weekends...
212.4. SJogi| Link| Bookmark|
March 5, 2023 4:04:12 PM
IPO Guru (1100+ Posts, 900+ Likes)
Yes i think one can buy at 125 levels if they really believe in the company and know about there business. I'll stay away as they are only in third party business and business like this have so much competition and eventually there margin decrease. Hope everyone gets a profitable exit from this company.
210. SJogi| Link| Bookmark|
March 3, 2023 10:35:39 AM
IPO Guru (1100+ Posts, 900+ Likes)
What i think is.. This is not HEM's fault. If you were allotted with the share you should have sold it on the listing only. 80% percent returns is not easy to get but you didn't sell that means you were expecting more which is your fault. Macfos already listed at very high price. LC was confirmed. And people who bought on listing day ignored the valuation as valuation of company was very high at rs180+. You should have waited for the price to come near 135 and then bought it.also it was full ofs that means company is not thinking for long term. HEM is not responsible for taking the price of the share upwards. If you genuinely feel that company is good then you should go for long term. This is my thought please dont take it otherwise. All the best to you guys.
Something fishy in alottment heer. Looking at BOA, there seem to be consideration for odd lots. Ie no alottment consideration for 10, 15, 20, 25 lots etc. Whereas these would be the normal sizes for someone looking to apply. Am I missing something ?
207.1. IPO VALSAD| Link| Bookmark|
March 1, 2023 9:01:12 PM
Top Contributor (300+ Posts, 100+ Likes)
01/03/2023 543787 ROBU SRISURYANARAYANARAJUVEGESNA B 102,000 184.00
207.2. IPO VALSAD| Link| Bookmark|
March 7, 2023 11:37:17 AM
Top Contributor (300+ Posts, 100+ Likes)
06/03/2023 543787 ROBU MULTIPLIER SHARE & STOCK ADVISORS PRIVATE LIMITED B 200,400 151.05 06/03/2023 543787 ROBU SRISURYANARAYANARAJUVEGESNA S 102,000 151.05