@Jonsnow , welcome to the world of SME's. 90%+ of the recently listed companies will be 0 next 5 years. Remaining 10% may give multibagger returns. Now - time will tell which category PLADA belongs to.
@Jonsnow , due to big difference between day low and day high in the last few trading days, the stock came under NSE surveillance action and circuit filter was reduced to 10% from 20%. https://www.nseindia.com/reports/price-band-changes
Person/Company which was allotted largest quantity (45000) as per BOA, exited to pre-open. Normally companies whose shares are cornered with a single entity/less no. of individuals perform well than a company whose shares are distributed among large number of individuals. Monday opening may be again at LC as not all the retail allottees were able to square off their position. Let's see if buying emerges post the Monday LC.
@sahab Seems seeking pressure is pretty high on lc. But all the orders are single lot orders presumably people with just one lot. Kind of augurs well that people with big quantity are not selling. Good luck 👍
65.2. sahab| Link| Bookmark|
October 13, 2023 1:27:20 PM
IPO Guru (1100+ Posts, 600+ Likes)
thanks sir i think you r right
65.3. PLAZA| Link| Bookmark|
October 13, 2023 9:04:17 PM
IPO Guru (2400+ Posts, 1300+ Likes)
@GrayIsTheNewBlack True analysis of single lot but while going through BOA it is revealed that hardly any one got huge quantity except 5 to 6 totalling of 1 to 2 lac shares . Might be they are selling in single lot by putting all lots on advance in single lot . As no one can perfectly analys operators strategy....
@PLAZA Sir, you are right. Had a look at BOA and not many are allotted big quantity. Largest quantity allotted was 45000 shares, which was already sold in pre-open as per NSE bulk deal data.
65.5. PLAZA| Link| Bookmark|
October 13, 2023 10:03:48 PM
IPO Guru (2400+ Posts, 1300+ Likes)
I have seen in some sme issue that sold quantity in data of deal by a single person is more then maximum allotted to a single as per BOA . How one can manage this either by offline transfer or some auction route... Can someone explain...
@PLAZA , I don't think transfer of shares is allowed before listing. Also, not all registrars publish complete BOA. Many times I have seen that my bid quantity didn't even show up in the BOA.
65.7. PLAZA| Link| Bookmark|
October 13, 2023 10:43:49 PM
IPO Guru (2400+ Posts, 1300+ Likes)
True it is on random basis but IMO after 9.45 shares can be transferred offline and one can place order in preoening session or later on . In sme deals also can be manged from one hand to other hand with vested interest
65.8. PLAZA| Link| Bookmark|
October 19, 2023 9:04:55 PM
IPO Guru (2400+ Posts, 1300+ Likes)
Anybody facing problem selling in hdfc securities in pre open?? It's new invest right application was also not working and showing error that security not found..old version was also not working..this thing is just for SME..
61.1. GJ 😀| Link| Bookmark|
October 13, 2023 11:20:24 AM
IPO Mentor (1600+ Posts, 400+ Likes)
As per my knowledge and experience, Pre-Open in HDFC Sec only works from their Website, and not from Mobile App Atleast not with HDFC Sec app, never tried with InvestRight
@GJ 😀 I have sold main board ipo and SME ipo through their old and new apps..and recently sold Arabian in pre open but with some difficulty..but today it was not letting me put limit order in pre open..there is some difficulty when you try to sell SME ipo but working smoothly for main board..
To be listed at 60. Not bad at all in view of GMP. Better thsn GMP. Retailer was more than NII. 25% listing gain is definitely good one. Further movement to watch after 10.00 hrs. Good luck to all allotees.
56. PLAZA| Link| Bookmark|
October 13, 2023 10:48:44 AM
IPO Guru (2400+ Posts, 1300+ Likes)
Don't get too excited looking at the indicative price. Yesterday Sharp chuck was showing 200+ opening at 9.35 am and listed at 66 at 9.45 am. So all the allottees please stay grounded.
@AMIT IND , ab to kya hi suggestion denge sir. Listing to apne haath me nahi hai. What we can do is not celebrate too early looking at the indicative price, celebrate only after 9.45 am if the listing is indeed a bumper one.
53.3. sahab| Link| Bookmark|
October 13, 2023 10:46:45 AM
IPO Guru (1100+ Posts, 600+ Likes)
very good estimation well said sir
53.4. Abhii VPG| Link| Bookmark|
October 13, 2023 10:46:51 AM
IPO Mentor (1000+ Posts, 300+ Likes)