@ Dharmendra Sharma ji my watchlist of metal stock are.. Maithan Alloys, GPIL, Manaksia Ltd, Sandur Manganese, Sarda Energy, Shyam Metalics, Beekay Steel Ind, IMFA, Nava Ltd
43. SSingh| Link| Bookmark|
October 12, 2022 3:36:54 PM
IPO Guru (1400+ Posts, 800+ Likes)
1. Same LM as "Swastik Pipe", not at all RETAIL INVESTORS friendly. 2. This company seems to be an outsourcing company with some small tasks in the whole project otherwise financials would have been great. Baaki aapko lagana hai lagao (Now you can apply as per your wish!) THIS MIGHT SURPRISE NEGATIVELY ON LISTING..... BEWARE!!!!
43.1. Liger| Link| Bookmark|
October 12, 2022 3:57:08 PM
Top Contributor (300+ Posts, 500+ Likes)
LM performance: Swastik down 40% whereas Annapurna Swadisht up 80%
GMP: Swastik - Nil, Phantom - 65 (right now)
During Swastik lot of sme ipos running parallelly now Phantom is alone.
42. svh| Link| Bookmark|
October 12, 2022 3:31:18 PM
IPO Guru (2600+ Posts, 3700+ Likes)
95 is very exorbitantly priced. LM has just created havoc. Financials are not at all justified w.r.t 95 Even if it could have been priced at 50 then also it would be very costly.
IMO on last day GMP must be above 35% OR 35 Rs. OR must be 35000 S2. & HNIs > 35X of which minimum 10X at 2 PM on last day Otherwise its a clear avoid for this LM
39. Aman Ipo| Link| Bookmark|
October 12, 2022 11:37:22 AM
Top Contributor (400+ Posts, 200+ Likes)
I think we would have to be careful with this ipo. Today, Swastik has listed at 34% discount and this ipo has same lead manager. Senior members @Avenue @Lokes @Noorul @MRavi please share your views on this considering Swastik listing?
@Amit Surana, MM can't take this kind of dumping by investers in preopen. I have seen market maker dumping stock at certain level (Healthy agritech) after that stock never rose above that level and making new low everyday otherday. Market maker is there to provide liquidity to certain extent, they buy in discount and sell on premium. They are official operator.
38. Liger| Link| Bookmark|
October 12, 2022 1:29:43 PM
Top Contributor (300+ Posts, 500+ Likes)
The average cost of acquisition of shares by the promoters is Rs. 0.001 per share.
I wish 😅 i could get qib status with 50 lakhs and double my money in this IPO itself. Harsh reality is we would subscribe 300-400x to just make this a big hit for those people to exit🙁.
@JaisShriKrishna JSK, Mere bhai TMKC ka kya matlab hota hai aur JSK ka kya matlab hota hai. Muje yaha samjhao ki aap kya samje ? He said hamsa is fake person, so I replied Tum Mujse Kya Chahte ho, short mai TMKC. Lagta hai apka naam hi JSK hai par apke dimag me kachra bhara hua hai.