Monte Carlo Fashions Limited IPO Message Board (Page 3)

Sold @575
May u rott in hell MC!

Hello All,
With reference to my earlier post no 256 on 18 dec 2014
I had made in all 18 applications for around 414 shares of which I was alloted only 5 applications totalling 115 shares. Short of 299 shares due to ovrsubscription. So I simply purchased another 150 shares on opening at 540 at 10.02 am today( as I was getting them at 100 discount , which otherwise I was ready to pay 645 if all applications were alloted.)This brought my total cost of 265 shares at 585.55. I sold the entire 265 shares at around 10.20 at 621
finally made a small profit. So One thing to learn if you are applying in multiple lots wanting shares and if not alloted. then buy at least 50% of shares which were not alloted if it is avalable at a steep discout of around 15-20 %.
A classic example to follow.
P.S- Keep a top loss of 5 % below your new purchase price if it prevails for more than 60 minutes of opening

Lesson one learnt from this issue, dont go by the grey market premium, it takes very little time for the operators to manipulate the premium and this is what happens.

All the brokerages have mentioned ''Subscribe'' except Mr Dilip Davda. Excellent research work and judgement - Mr Dilip Davda.

how do u feel after listing investors. may they give jacket per lot as bonus as winter is running

One of the promoters sold 28lakh shares at 578 in market currently. It may lead to more correction

YES..........ALL THOSE WHO THINK THEY ARE LUCKY ENOUGH TO GET THE ALLOTMENT............SOON TURNED UNLUCKY.....AS INVESTORS NEVER LISTENS GOOD OLD SAYING .......DO NOT BE GREEDY............ISSUE WAS HIGHLY OVERPRIZED......EVEN AT THIS RATE 580/- OR SO IT IS STILL OVERPRIZED BY RS. 100/- OR SO......HAD IT LISTED TWO DAYS BACK......WHEN THE NIFTY WAS BELOW 8000......YOU WOULD GET PRICE EXACTLY 470 OR 480 OR SO..........

ANYWAY ENJOY THE RIDE OF GREEDY PROMOTERS......... AND PLEASE APPLY FOR ALL HIGH PRIZED EQUITY ISSUES..........

More than 50 lakh shares have already been traded as against issue size of 54 lakh shares. It there appears that some of the Promoters could be SELLERS.

Today,one hard financial lesson learnt!!
Follow Mr.Dilip Davdaji for IPO..He says "Avoid" so "Avoid"...He says "Subscribe" so "Subscribe"..
He''s one of the most experienced,unbiased & fair advisor amongst us.

Experience matters dude. He clearly wrote about promoters. Don''t be surprised if shares start upwards movements as they might collude with brokers.

I think rating policy is must required to each & every IPO(s) in future.

I exit my 23@619. Holding 10@547 bought in morning.
No loss suffered. Another lesson learnt, don''t go by 13 times Q1B subscription :-)

@pinkyjain
Will it touch 620 today or should i hold it for few more days?

I would like to reduce the losses as low as possible..
Dumb ass Monte Carlo!

Everything depends on last 30min to 1 hr, which way it will go.
Nobody can predict except monte carlo operator for your question.

Correct said see all retail investors will make loss we are not going to see par price of monte but dont sell at 577 rather get rid of this at say 610-615 which may come next week for today no hope..

AXIS CAPITAL / ENAM SECURITIES LEAD BY NIMESH SHAH AND VALLABH BHANSHALU ARE A LOOTERA A GAMBLER
YOU SEE HIS ALL IPO IN LAST 3 YEARS

TARA JEWELS
MT EDUCARE
MONTE CARLO

AXIS CAPITAL IS ADVISING ITS SUB BROKERS TO SUBSCRIBE AND HAS PRE ISSUE DEALS ALREADY DONE BACK DOOR AT A DISCOUNTED PRICE

AXIS CAPITAL / ENAM SECUTITIES IS A THIEF NEVER RELY

Jitne bhi bade log hai yaha pe...hum jaise chote investor(jo na toh premium bol rahe the na discount) ko batao ki kya karna hai..rakhana hai ya bechana hai?

Exit at 620 no future

With such a high PE IPO and saturated markets for it''s product there was very little left for explosive growth either in company revenue and price appreciation. Yes, the IPO was not undervalued. The money doesn''t go into expansion of business. Promoters had never been investor friendly and Institutional Investors understood it very well.

I have 1 lot of 23 shares allotted. Not sold yet.
Instead i bought 10 shares at opening at 547.
Now average price 615@33.
Picture Abhi Baki Hain Dost....

For nw the co geetin ipo in coming months will have to rethink twice after poor mc response

How it is sustaining at these level of 590

The wrost IPO i hv ever seen.....:(

enjoy naveen its below 540/-....

I advised my friends to avoid Monte Carlo and Shemaroo. Seems common sense prevailed.

At what should retail investor sell?

Will it fall more?