189. lokes| Link| Bookmark|
February 15, 2022 5:21:55 PM
IPO Guru (4400+ Posts, 5100+ Likes)
In my opinion, it can list around 85-90 as per subscriptions and current market conditions....if listing is around or above 95-100, then i think better to sell and book profit or be vigilant, if its going towards LC after listing, to press sell button soon. if listing around or below 70-75, then better to hold it , it may hit UC then....and if listing in between above prices, then as per risk capacity, it can be decided to hold/sell. Company is good in terms of fundamentals and valuations are also not expensive as per current financials and future growth should also be there. But since some of recent sme's like precision/safa didn't performed well after listing so be vigilant if listing is at higher prices. Many other smes also going down from last 1-2 weeks like ab cotspin/ vivo/ timescan/ nupur etc. so be careful and watchful. I am not allotted here any lot.
Hi lokesh, its my first experience in SME. Am I able to sell this on listing day? I have read somewhere SMEs can be sold only on next day after listing. Since SMEs are traded on the basis of lots, if there is no seller for 2000 shares, I will get stuck? If I plan to hold the shares for long term, I have to hold entire 2000qty and not partial?
189.3. lokes| Link| Bookmark|
February 15, 2022 8:28:40 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@true ipo : yes you can sell on listing day, that's why trading happens. Yes smes will be traded (buy/sell) in lots only, means 2000 shares here....don't worry there will be enough buyers and sellers tomorrow in preopen and after listing until it hits circuit.....
189.4. lokes| Link| Bookmark|
February 16, 2022 10:10:21 AM
IPO Guru (4400+ Posts, 5100+ Likes)
listing below 70 and it hit upper circuit as informed above....looks am lucky to buy 1 lot in preopen....lets hope it will continue till 80-85 around as per initial expected listing targets for this....
189.5. K.Atar| Link| Bookmark|
February 16, 2022 11:05:16 AM
IPO Guru (1000+ Posts, 700+ Likes)
Lokes Sir, I also bought this. Considering your estimates that never go wrong. It will perform well I suppose.
189.6. lokes| Link| Bookmark|
February 16, 2022 11:14:04 AM
IPO Guru (4400+ Posts, 5100+ Likes)
@K.Atar: anyone can go wrong in market, no one can be perfect or expert or right always :) my precision is not behaving as expected :( Anyways this one should do well , lets hope.
189.7. K.Atar| Link| Bookmark|
February 16, 2022 11:30:59 AM
IPO Guru (1000+ Posts, 700+ Likes)
Sir, Since it opened weak (as per subscription), And I have read here a lot about your estimates and I have faith in it that a lot more appreciation in share prices is left to be seen. Will be miracle if it could go Nupur way..
Regarding Precision, aapka estimate normal market conditions k liye tha but market took a complete turnaround and it is not performing well as of now but it will perform well very very soon.
@Lokes, Maruti did well as predicted, good you bought it. It will have atleast 2 UC.
on the other note, my gut feeling that 'precision' will do very good in near future. I just added 10,000 shares (44,000 in total). I will keep it for one year. I will add more below 46.
have you all bought for long term or just riding up to upper circuit play? because i have also bought one lot at listing day so just wanted to know strategy of yours.
Dear @Noorul, @MRavi, @Lokes, @SnipperRaj & @other experts, thank You all for your valuable guidance. I have allotted one lot in Maruti. Kya aap bata sakte hai kab tak upper circuit lagne ke chance hai aur kitne pe sale kar dena chahiye.
@gurukrupa, people who bought on listing, many will sell it tomw and can see more volume trade tomw. But my personal take is this company is much much better than other recently listed sme i.e. precision, ab cot, timescan. I think uc will go beyond 100 unless market conditions prompt people to press sell.
189.16. lokes| Link| Bookmark|
March 3, 2022 12:38:57 AM
IPO Guru (4400+ Posts, 5100+ Likes)
@Maulik Patel Lali : i am still holding it, will hold for some months or till around 85-90. Will see and decide later, as per other conditions like market or results if comes.
188. K.Atar| Link| Bookmark|
February 17, 2022 5:11:10 PM
IPO Guru (1000+ Posts, 700+ Likes)
Saw this news (below) from this sector in morning, Senior members' views requested on this please :) ---------------------------------------------------------------- Crompton Greaves Consumer Electricals and Havells India have made offers to buy out kitchen appliance-maker Butterfly Gandhimathi.
MONEYCONTROL NEWS MUMBAI / FEBRUARY 17, 2022 / 10:33 AM IST
A CNBC-TV18 report said that marquee private equity investors had also expressed interest in buying a stake in the company.
Butterfly Gandhimati, which has seen improvement in its financials over the past few quarters, has been on the market to raise close to Rs 500 crore recently to fund its capital expenditure plans.
Shares of Butterfly Gandhimathi have risen 113 percent in the past 12 months driven by strong financials and a rise in demand for kitchen appliances because of work from home triggered by the COVID-19 pandemic.
According to the CNBC-TV18 report, Butterfly Gandhimati is currently evaluating all options and is likely to take a final decision in 15-30 days.
At 10:13 am, shares of Butterfly Gandhimati were up 0.4 percent at Rs 1,310 on the National Stock Exchange (NSE).
@K.Atar. Butterfly today close Upper circuit.@1291/- Thanks
188.3. K.Atar| Link| Bookmark|
February 18, 2022 5:36:55 PM
IPO Guru (1000+ Posts, 700+ Likes)
@DHARMENDRA SHARMA, The news presented only for sector look, this wasn't a suggestion/buy call. Generally, it should be avoided if you are not following a company for quite some time or unaware of its pattern. You seem like a nice guy so the advise. Thanks.
Market bounced back completely based on russia pullback. Hopefully tomorrow market conditions stay good too, then we can see very good listing. If timescan/safa/precision can list at good premium, this can and should also list more than that. Also, this seems to be stock that can give good returns if hold also for 2-4 months, or longer as modular kitchen factory manufacturing industry growing fastly and this has really good clients like Walmart, godrej, Hafele, Kaff. Would like to hear experts and others opinion on the stock listing and hold or sell, future stock move post listing...
@Snipperraj Yes, you are right. market recovered because of Maruti listing.. :) Hope it will be listed around 100.
Can you pls advise a few good SME scripts which can be accumulated now for long term? appreciate your advice.
186.2. Safe Bet| Link| Bookmark|
February 15, 2022 5:38:30 PM
Top Contributor (500+ Posts, 100+ Likes)
The client list & the export angle is the appealing part. Lots of plans but will depend on how they progress in practice. The tough part is one needs to be REALLY brave to hold a SME long term.
Hey Shanm, you should seek expert opinion on it. I am no expert and new to SMEs just like you. I am yet to have any solid opinion on any SMEs stocks and I am not tracking much. Generally, as we know SMEs are very very risky so are rewards. Infact, i took risk by buying precision metaliks below ipo price and betting on it if it can grow higher because of circuit change to 20% and coming out from T2T category soon and now it seems to me, it is almost accumulated by operators and can have some joy ride upwards. on risky side, it may or can fall more. So finger crossed on it...
What i can say about Sme's in general is few SMEs can do really really well if the business is unique and people form a opinion that these SMEs revenues and business will grow for sure. EKI did super well because of unique business and association with Shell. denvest pro/NRL/vivo did well because of unique business and tremendous growth prospects. maruti doesn't have unique business, but it is going towards a establishing itself to be brand and have good clients and can possibly grow lot more. So I feel, it should do good and is good candidate for holding for good returns above listing gains. Again, expert opinions are seeked on this.
Dear snipperRaj , You know very well Business model of the company which will be Grow in future. And make profit to the shareholder. We require your advice on the Good company which according to you feel Good. We always seek your advice🙏
@dharmendra ji, I am no expert and very new to SMEs. Still if you ask me about out of recently listed SMEs, ab cotspin, precision metaliks can do good.
In mainboard, BSE/CAMS/CDSL/bajaj finance are very good stocks and will grow in business. zomato, clean science are available at quite some discounted prices and will grow in business. laxmi chemical/organics, tata power, kpit , trident- good potential and business growth in future.
@snipperRaj Thanks for your detailed response. as per me you too an expert. I am reading your comments regularly. I also want to buy precision but now the price went above IPO price. Will buy if it comes below 50. I believe NRL looks good. The quarterly result also ok type. Planning to keep for longterm. lets see the growth :):) Is it advisable to buy Vivo at a curretn price of 208? pls provide your view.
if you buy a share on day T Day, you can expect to receive the shares in your demat account only by the end of T+2 day. The shares are available for a transaction on T+3day. So by today evening, it should come . tomorrow you will be able to sell.
Hello guys, Wanted to know how and where u guys applied for maruti interior? I was unable to find the same in zerodha. Even if it was through your bank..how to sell the stock In such situations?
183.2. K.Atar| Link| Bookmark|
February 17, 2022 12:47:04 PM
IPO Guru (1000+ Posts, 700+ Likes)
Sahil Ji, - For all investments in any ipo sme or mainboard greater than 2 lakh amount you need to apply through bank ASBA. - For SME ipo some brokers allow NSE ipo like in zerodha, only NSE sme ipos are shown to apply via upi (for Retail investor) . For BSE sme ipos, they cant apply from zerodha, they can apply via any bank asba (any amount) - (This information is courtesy to other Zerodha users). - In case you allotted in bidding, you will be able to sell it like any other mainboard ipo but in full lot.
Any other info you required you may ask, someone will surely help - if exposed to that in experience.
Thanks ✌️
182. K.Atar| Link| Bookmark|
February 16, 2022 10:12:10 PM
IPO Guru (1000+ Posts, 700+ Likes)
Symbol NRL Company Name Nupur Recyclers Limited Series SM Face Value 10 Purpose BONUS 1:10 Ex-Date 22-Feb-2022 Record Date 23-Feb-2022
Today I bought 1 lot at pre open price of 68.5 after Lokes Sir advice. Thank You sir and please let us know your view for short & long term duration. It will help for small investor.
Good move @lokes @Arca @K.Atar Around 40% of total shares are already sold today. So from tomorrow onwards, we can see the continued upper circuit. Best of luck guys
179. lokes| Link| Bookmark|
February 16, 2022 9:46:28 AM
IPO Guru (4400+ Posts, 5100+ Likes)
Bought one lot in preopen at 68.5 taking some risk....lets see
Dear lokes jee, Your suggestions for maruti interior is very Good, I also make decision to buy after message read But my capital is stuck in precision, can not take brave decision for Buying maruti one lot. Congratulations for Maruti as well as vedanta fashion. Thanks
178.1. Arca| Link| Bookmark|
February 16, 2022 10:09:33 AM
(1000+ Posts, 500+ Likes)
Sold 1 lot of nupur @209 , it doesn't seem like going up and results were not as i expected , will buy again at 149 if i get a chance.
178.2. K.Atar| Link| Bookmark|
February 16, 2022 11:03:58 AM
IPO Guru (1000+ Posts, 700+ Likes)
Congrats Arca,,, I also bought it @71.90, couldn't execute it in pre-open due to some error. But later resolved and order executed. first time this kind of risk is been taken due to the business growth prospects, I am very positive on this front. hopefully it will live upto my expectations. ✌️
178.3. lokes| Link| Bookmark|
February 16, 2022 11:11:03 AM
IPO Guru (4400+ Posts, 5100+ Likes)
Sbt went upto 40k that's y i entered without any hesitation.
178.5. Arca| Link| Bookmark|
February 21, 2022 9:12:24 AM
(1000+ Posts, 500+ Likes)
Added 2 lots😬 more @75.25 today. I did some calculations this weekend , we undervalued the stock way low . I am Expecting it to go till 254Rs let's see what happens to it. Thanks to k atar and noorul for bringing this stock to my notice.
@Arca ....What happened to your weekend analysis?..... Should till be hold ?
178.10. Arca| Link| Bookmark|
February 23, 2022 11:58:23 AM
(1000+ Posts, 500+ Likes)
I am holding ,it is upto u to hold or not ,i bought it because I felt it well go like nupur and at that time of nupur I didn't have realised profit to take risk now that i have 3.88 lakhs realised profit i can take risk. I don't mind holding 3 lots. If war comes anything can happen don't blame me ,if it comes it will go down and rise up only after 4-5 month.
Arca Nupur was cheap based on the PE multiple .. I missed it :( .. for Maruti I believe the True story will play out in 3 years not in a couple of days.
176.1. lokes| Link| Bookmark|
February 16, 2022 10:35:28 AM
IPO Guru (4400+ Posts, 5100+ Likes)
As i informed in other message, its definitely a hold at this price....upper circuit is strong now and it can move till 80-85 at least minimum in some days....keep holding for around 3-4 days then you can decide to sell.... its even a good buy i think at this price of 71.9 also as per issue price of 55 and its subscriptions and company financials.....
The pending buying bids at the the upped circuit are worth more than 15% of the market cap. This gives confidence that the stock will perform well over next few days at least.