@Monisha Ji congratulations... I got 1 debit message in 10 BHNI application..need to check other 9 applications when allotment will be out on website..
thank you all chittorgarh family members ,your wishes mean a lot for me @Tejas Pandya jay vagheshwari maa
396.8. KGSKIPO| Link| Bookmark|
October 11, 2023 11:29:12 PM
Top Contributor (400+ Posts, 100+ Likes)
@Monisha Congrats, We are applying for 1 retail lot and ending with nil allotment. In you care, you applied for 1.2 crores worth of shares and got l lot. Is it profitable? Will the returns at least 10% long term?
@KGSKIPO I have already discussed this point in detail in IPO page of JSW steel ,you can check there by my name, you will find there more than 75 comments and counter comments on my observation, hope you will be able to sharpen your knowledge by these comments and counter comments
@Tejas Pandya ji my strategy with regard to IPOs is different, I usually do this - 1. If IPO share price opened more than 10% of Tentative Price( Issue Price+ GMP) I usually sell share immediately till 10.30 (subject to of Course UC) 2. In other case I usually sell share after 2 O'clock. This strategy worked fine with me till date.
@Monisha Ji agreed ..but when i try watching paint dry it becomes more wet and grass doesn't grow at all in my case so I try to pluck the grass..😂😂 As I said working on my holding skills..
@Tejas Pandya ji, Very Nice Joke Indeed. I have attended a lot of business seminar and my thought is ....We shouldn't spend much time on our investments. That will just tempt us to pull up our plants and see how the roots are doing, and that's very bad for the roots. It's also very bad for our sleep.
@Tejas Pandya ji, I asked because this IPO is of 71 Cr. only ,so UC may change LC anytime, and this already trading at 15% more of its tentative price
@Monisha I Got it..ride the wave till it continues..btw it should be other way around..I will ask for your advice on listing day as your strategy is fetching more returns than mine..
I accept and I should be humble to accept that I am still a student of Share market in front of all of you learned members, but I generally stick to my strategy of allotted share.... if open price is more than 10% of TP sell immediately , otherwise sell after 2 o'clock on listing day ( Subject to UC)
I was reading financials of this company yesterday, this company may be long term bet, but considering valuation @ 102 /- Rs Per share, I am not comfortable in near term, So I sold, Although I may be wrong.
@Tejas Pandya ji ,I purchased 4K shares of IDEAFORGE at the price range of 780-787 in various Demat of family members, I want to hold it for next 5-7 years, what is your take?
@Jay Vagheshwari Maa Ji , I have sold @ 102.25 , Not comfortable with valuation in near term, although my decision may go wrong, still I am happy. I always remember one quote of PETER LYNCH " You can not drink whole water (whole profit) of the sea (of a stock)."