Pace E-Commerce Ventures Limited IPO Message Board (Page 1)

I am also tracking this one, As I bought one @56, I guess its out of t2t segment so traders just playing with not much actually delivery happening, it will only bounce back when any good news or result will come.

@mehul ya u must have bought after the circuit broke on 50 percent decline..... It went above 65 next day and again dumping started..... I also wanna buy it but they have played this circuit breaking and then mass dumping two times so getting skeptical what actually they wanna do here

This is totally operator driven.....a big buy order near listing price and then one or two sell ordee to keep driving price up and letting one retailers enter at a time..... U may enter at a price and this can even be double or triple but there is no fundamental here..... Eventually it's tottaly luck and operator work......
I would avoid this to someone who is a retailer and have no hedging.....if u have made good amount in past and can take risk then sure u can buy at any price but even a small loss effects u then better to avoid these types of scripts....
Note: it can reach any level as high as 500 and as low as 40-50 depending on what operator decides..... So think carefully and then decide....

@Taka well explained.

My take ....it will go down way...just because of it's big size..operator would need more capital to back-up the value.

Hi, Boxowi, no one knows what would be the right price to enter into Pace E-commerce, and even in the broader aspect no one can tell you when to enter into any of the stock listed prior to this IPO. Further, I would suggest you to search a bit about Pace E-commerce. Check the balance sheet, their order book, for whom they are manufacturing for (they have mentioned in their DRHP, that they are manufacturing for big brands), and find out many more such things and then decide for yourself.

And no offence to TAKAMICHI & MARK BAB, as they are putting everything on operator, which I consider as a "NO INFO". And MARK BAB you are just repeating what TAKAMICHI told us. So let me tell you something, operator don't need money or capital to move the stock up in this particular case. As we all have seen approx 66 lacs shares were offered and 50% is for retail, (i.e. 33 lac approx) and retail portion was subscribed only 50% (i.e. 17.5 lacs approx) and if you have seen last day trading volume (i.e. 16.5 lac approx). Now assume you and TAKAMICHI is right, so by now retail trader has gone and now operator is holding most of the equity. So, what he needs to do is to sell 1-2 lot daily at the upper price band to himself and price will be sky rocket in some months. So where did you see operator need money to increase the price???

So my suggestion to Takamichi and Mark Bab this is such a nice platform share something meaningful and contribute to the trading/investing society.

Dear Option Delta Trader, Your perspective is wrong. Both of their above response is correct.

Official went short at 115 to 120 and plan to cover at 10-15 rupees gap around 90-100

arrogant management

Hi, RPS Mani,
No offence but could you please elaborate who is going to buy it at Rs.115-120 whereas it was rejected by all kind of investors at IPO price. Do you think so called "operator" can win over smart money (QIB, FII or DII)? And in my opinion, I don't think retailers are there to get trapped.

Sorry, nazar lag gai, lagta hai. Down today with LC. But still in gain about 10% .

Even 3rd party application will also work ! ! !

In this IPO -
1. If you accept mandate for UPI after 5 pm, even that will work.
2. If you apply for 3rd, 4th, 5th party application, that will also work.
3. If you are proven 'panauti' (unlucky person), even than you will get allotment.

😃

Apply by asba and UPI both and you will be allotted then too. 😁

Even if you apply both in HNI and Retail, no cancelation will happen....you will get allotment in both....if you have doubt...you can check here..

Zerodha is allowing this.

Download angel one app or you can do browser trading online directly.

Whats is the exact error which you are getting while placing order?

@svh - Angel does not allow to Buy or Sell for SME scripts. They need to place an inhouse order.

@antarix - Thank you, have u experienced this ? And have u faced any other difficulties ?

@Elon Rusk - The error says RMS blocked for MT.

@AKJIPOKING Even i am seeing same error. What is inhouse order? Let me know if you get any solution

@ AKJ & Elon , This error means you have to open your limit for sme. Today morning I was also facing blocked account. I called my broker to open the limit in sme. If your limit is opened today , tomorrow you can sell without reactivating your account. Such kind of problem exists in sme. Also it depends upon broker to broker. Sometimes limit is opened in one of the exchange and in another exchange we need to call our broker to open it.

@svh - I spoke to multiple people at Angelone there is only one option to call and place inhouse order. Which I have done and the order status will be communicated through contract note at evening.

@Chittorgarh Admin Team - Request if you can answer, which brokers allows to buy and sell SME scripts online just line mainline IPO.

@AKJIPOKING,

Go with Zerodha without thinking twice.

@GJ - Thank you. Have you personally experienced this ? I heard abt below points for Zerodha. Plz confirm.

1. You can apply in SME IPO.
2. Allotment ration is less comparatively.

Plz confirm.

@AKJIPOKING,
While Zerodha is the best, we suggest you try ProStocks.com for a convenient trading experience in SME shares.

@Admin - I understand, regarding advertisement of ProStock. But can you confirm about Zerodha for below 3 points.

1. Buy and Sell SME shares online just like main board IPO
2. You can apply in SME IPO.
3. Allotment ratio is less comparatively.

Plz confirm.

For Zerodha:
Points 1 and 2 are correct.
Point 3 is irrelevant as it's a lottery in oversubscribed IPOs.

Thank you Admin. Through Zerodha will I be able to apply through UPI 3rd party ?

@ AKJIPOKING: I have not faced any difficulty in Zerodha in selling SME shares or any other difficulty. I have not bought any SME shares so far.

Regarding allotment, I apply through bank's ASBA only. But I am sure that applying through Zerodha or any other broker does not give any advantage/disadvantage in allotment process.

By rule, 3rd party UPI or ASBA are not permitted. In an exception case, some people may get allotment but at a broader level, it should be avoided.

Dear Admin,
What you mean by 3rd Party UPI. My demat account is linked to Canara bank and same bank account is linked in my Gpay. If I subscribe for an IPO by this UPI, will it be considered as 3rd Party Upi or how?

@Jey: No, this will not be considered as 3rd party.