1135. ManishDwiv| Link| Bookmark|
May 9, 2023 8:49:04 AM
Top Contributor (500+ Posts, 200+ Likes)
Macquarie on Mankind Pharma Initiate O-P, TP Rs 1400 (listing today) Chronic focus to drive meaningful growth & margin expansion Has a net cash of Rs2.8bn as of Dec’22 Risks: Failure to gain market share in chronic, regulatory changes in IPM, further stake sale by PE investors
1135.1. sahab| Link| Bookmark|
May 9, 2023 8:56:57 AM
IPO Guru (1000+ Posts, 500+ Likes)
Make sure to put sell orders @ 1299 for blockbuster listing.
1127. Smile✍️| Link| Bookmark|
May 9, 2023 6:43:32 AM
IPO Guru (1600+ Posts, 900+ Likes)
As almost all applied got allotment wishing best luck to them for good allotment. Was not happy with valuations, so not applied here will try to catch in dip if available at 950. Otherwise Market bahut bada hai.
Mankind... succeeded to garner huge attention for listing day... all eys on it.. may be because many investors tried to take max chunk from full retail apps. based on readings... most of the hni, full retail apps are already sold in grey, hence their selling will be matched with buy orders from operators... Now listing depends a lot on how the others who do not have access and still keeping their full retail apps / hni apps open. 1) If possible, please refrain keeping sell orders at lower price, punch it at least with some reasonable price above 1200rs (avg. GMP 120rs + 1080 + 20 to 30rs extra margin) - this helps a lot to derive fair listing price, if any lower prices will trigger huge further selling pressure in panic and spoil the party. 2) also if possible, please don't keep all 100% shares at one go, go with tranches selling, if it is shooting up, so that you can benefit from higher average sell price. Looking at spectacular anchor investors / QIBs interest, and huge grey activity, hoping a very positive listing and handsome reward to everyone. Wish you all the best!!!
1124. ManishDwiv| Link| Bookmark|
May 9, 2023 5:18:37 AM
Top Contributor (500+ Posts, 200+ Likes)
120-122
1123. lokes| Link| Bookmark|
May 8, 2023 10:48:35 PM
IPO Guru (4400+ Posts, 5100+ Likes)
too much optimism here from some days, lets see if it can come true... holding 2 full retail applications....will sell 1 in preopen at whatever listing price and will hold another and will decide as per further movements....
Dear Lokes! What price one can expect after 1 year !? Holding for 1 year can give more returns?
1123.3. sahab| Link| Bookmark|
May 9, 2023 6:44:52 AM
IPO Guru (1000+ Posts, 500+ Likes)
@lokes sir Hame bhi join kerwa de noorul sir ka groupAap ka aasan hoga
1123.4. lokes| Link| Bookmark|
May 9, 2023 11:04:32 AM
IPO Guru (4400+ Posts, 5100+ Likes)
So the optimism was real as expected by most of the people....congrats everyone for good profit here after long time in mainboard ipos.... i have sold my 1 full retail (182 shares) in preopen at 1300, still holding another 182 shares with stoploss at 1298 for targets around 1480-1500 in short term....
@sahab @sunny : i am not part of that watsapp group, i keep busy in my job so posting less still i remain active and keep posting whenever possible but not giving much time now in analyzing ipos and market...
@BNA : it can come around 1800 in 1 year as per current valuations and growth rate....but better to book profit or partial profit once in short term around 1450-1500 if coming soon and buy again at dips for long term...
sold 60 % at avg 1350 today. holding rest for tomorrow. @ lokes, your call of 1450-1500 is near. do you think, it can pass that tomorrow itself ?
1123.9. lokes| Link| Bookmark|
May 9, 2023 10:43:49 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@common man : yes tomorrow itself 1470-1500 can come...it can move easily 3-5 % ....i will start booking profit in my other full retail application then....and will wait for dips later to re-enter...
Lokes ji now looking todays price movement should be hold or exit ??
1123.11. lokes| Link| Bookmark|
May 10, 2023 10:36:36 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@ SHEKHAWAT T : today it went in reverse direction, as initially market was also not supportive and main reason is it already had good run up yesterday after excellent listing....so looks like 1400-1450 is initial resistance level now, today buyers were much lesser than sellers in both exchange....i have booked half of my remaining shares today at 1388 , rest also will sell soon.... you can have some stoploss around today's low level and exit if its going down below that and keep holding if its showing some strength tomorrow.... for new buying, its better to wait for some weeks or month till it comes around 1250-1300 levels