Not applying this one, no buyers in grey market; its unfortunate this is already over subscribed, as people getting this stock will lose money for sure.
Current market situation is not friendly for strong stocks, think what will happen to stocks like this.
Again I m telling you, check companies growth, financial, futures contracts, sector, and most important ipo price. Then only apply. SEBI kaha se bich me aa gaya. The public only who comes and apply. Be warned. Apply at your own risk. Don't blame anyone.
Every third day, she can be seen babblig at some or the other public gathering. If she can't control her mouth, she should be releaved of her services. Where exatly is the froth? She must specify with the names. Because all stocks blulchips, midcaps, small caps are bleeding. Don't just tell the half baked stories. It's not the same as some harmless kitchen gossip.
Damodaran was SEBI chirf for long. but noting like this could happen. He knew what to speak and when.
67.1. PSR| Link| Bookmark|
March 14, 2024 9:16:38 AM
IPO Guru (1200+ Posts, 700+ Likes)
There are no checks and balances against the decisions of SEBI.
There must be some mechanism to check the rationality of their decisions before put to implementation.
They must be barred from public utterance and they should be confined to put their decisions in Black and White, and then to explain the same in detailed manner, thereafter.
67.2. Nothing New| Link| Bookmark|
March 14, 2024 9:21:07 AM
Top Contributor (600+ Posts, 100+ Likes)
67.3. CB☺| Link| Bookmark|
March 14, 2024 9:34:56 AM
IPO Mentor (1300+ Posts, 400+ Likes)
Sambhal ke Bhai log. Scooty nahi racing car hai yanha! Aae bhaai jara Bach ke chalo, insurance le ke chalo. Next master stroke by Vishwaguru should be insurance to investors😔
66. Old.Fox| Link| Bookmark|
March 14, 2024 8:14:56 AM
IPO Mentor (700+ Posts, 300+ Likes)
I am applying in ipo since 1990. I have earned also and make loss also in ipo. See this is market. Any positive news will chear and make up the market any time. And any bad sentiment make down or correct the market any time and we have to bear the loss. So according to me SEBI DECISION is correct to check fraud and manipulation of pricing going on in IPO MARKET. This will surely come positive outlook in near term. Wait for it. The only making money in this market according to me is buy on dips and sell on rally. Keep money in your hand for correction. All the best.
It will be helpful at SEBI part to curb financial influencers on YOUTUBE who are making money at the cost of retail investors through revenue from YouTube. They may also be working on behalf of company promoters. Another one is to curb financing as well as participation through third party applications or borrowing application of other parties non related with actual beneficiaries.
If you don't have any knowledge about stocks & market and don't know anything, then you have to bear loss. SEBI Decision is correctly clear to check fraud and manipulation going on in IPO market. Such premium, such high subscription, we are the people without knowing anything and just looking subscription applying for ipo. The one day has to come truth. Jagte raho as your money is your saving.
64.1. G profit| Link| Bookmark|
March 13, 2024 9:36:32 PM
IPO Mentor (1000+ Posts, 200+ Likes)
Agree with you sir. Many people blame sebi for this correction, but they are not aware that is is the duty of sebi to monitor capital markets. But according to me, it would have been better if sebi probe would have started by Jan 24, when we could see many penny and junk shares going to dizzy heights.
Paytm ipo price is overvalued, everyone knows. Those who have applied are fool and bear the loss. Such people should not come in market.
64.4. G profit| Link| Bookmark|
March 13, 2024 10:25:08 PM
IPO Mentor (1000+ Posts, 200+ Likes)
@StockTerminator Kindly note that sebi does not have control over issue price. Company directors and lead managers finalise the rates. It is the choice of the public to invest or omit. It's an open market
@IPO Electrifying People applied in paytm ipo under temptation with flag bearer image of mr.sharma, paytm promoter. They were assured that they would not lose their capital. But paytm promoter looted all of them with cleverness & shrewdness. He even did not spare foreign investors like Berkshire Hathaway😆😂
64.6. Nothing New| Link| Bookmark|
March 14, 2024 8:35:49 AM
Top Contributor (600+ Posts, 100+ Likes)
@G profit Also note that SEBI is not supposed to make irrational, unproven, hasty public statements. That's not their policy. And why couldn't SEBI warn the investors and flag the issues like Paytm as overpriced? If it's really an open market. why is SEBI interfering now when market is discovering the stock prices on it's own? What control does SEBI have on listed stocks? Buying or selling 'em is again the choice of the public, investors. No?
64.7. CB☺| Link| Bookmark|
March 14, 2024 9:41:24 AM
IPO Mentor (1300+ Posts, 400+ Likes)
Yes duty. But duty is daily not in March to cause mayhem. Modi should take her resignation, irresponsible person eager for limelight. Hope my and many I Investor aligning with my though come true
Remember one thing investors never make loss unless and until they bought peny stocks and overvalued stocks. I m here from last 30 years, I have never made loss as I always buy front line stocks. Kept delivery for long term. Market behaviour we know. So don't blame Modi, we should know which stocks we are investing.
64.9. k l patel| Link| Bookmark|
March 14, 2024 10:38:03 AM
Top Contributor (500+ Posts, 200+ Likes)
SEBI ko pehle investigate karna tha, choro ko pakadna tha aur uske baad public me announce karna tha.. ye madam to pehle hi choro ko chillake bol rahi hai ki tum chup jao ham anewale hai 🤦♀️
64.10. CB☺| Link| Bookmark|
March 14, 2024 10:40:55 AM
IPO Mentor (1300+ Posts, 400+ Likes)
@IPO Electrifying sir, I can understand and agree with what you are expressing. Even if I have one tenth years of experience in market than you, I am not worried much for future. It is the way SEBI chief is behaving I am not comfortable. They have continuous job of controlling and what they are doing counts for manipulation. SEBI chief post is not to attain publicity it is very very sensitive job.
64.11. StarGarage| Link| Bookmark|
March 14, 2024 11:02:43 AM
IPO Mentor (500+ Posts, 200+ Likes)
Manipulation info is there for long long but SEBI did not do anything. Just gave a statement and kept quite. They dont do any monitoring. Once in bluemoon someone will be caught. Thats it. They should have strict rules for companies which are coming up for IPOs.
This lady, SEBI chairman , unbecoming of position she is holding , unnecessarily created panic by singling out mid and small cap stocks.
Her jurk institution was sucking when Adani matter was probed in supreme court. She shieldid Adani , in the smokescreen of technicality, and led to Adani and Sahib escape. In fact I wish to hear from her , if small cap , micro caps were only the villons , how blue chip companies like DHFL and IL&FS were allowed to sink without a trace.
@Mani sharma Discuss your portfolio with senior members like Newgen Cons. , ASAP and religiously follow their suggestion . If you are holding fundamental stocks , nothing to worry , but God forbid if you have only small and micro caps , you need to selvage whatever you can.
63.3. sree vas| Link| Bookmark|
March 13, 2024 4:50:13 PM
Top Contributor (500+ Posts, 100+ Likes)
May be she has not taken over that position in the adani epoisoide
Remove this lady from the position...hashtag of trend #removethislady...
63.5. DuckkyDuck| Link| Bookmark|
March 13, 2024 5:20:33 PM
Top Contributor (200+ Posts, 200+ Likes)
SEBI has never done a single thing for benefit of retailers. They always say they are trying to save retailer but in the end, they kill the retailer even more. If there was froth/euphoria, each retailer would have still able to exit based on there understanding of the markets. But now every retailer is stuck with loss. And big guys got exit.
63.6. A. Rajput| Link| Bookmark|
March 13, 2024 8:17:05 PM
Top Contributor (200+ Posts, 100+ Likes)
Sebi,eb,ed,cbi sab institution ke naam pe kalank he. Bolane ko independent agency he but l*wade ka independent. Sorry for vulgar language but it's eternal truth
Seriously. In this entire hell that has broken loose, BABY is coming across as a sensationalist headline-hungry journalist, certainly not a regulator.
A regulator ought to carry out the investigation first, and then come out with names and punishment. Instead, she chooses to comment on valuations. What business does she have to comment on valuations?! Who is she to DECIDE valuations? Is this how a developing economy functions?
Could not agree less with @SANJEEV SOOD and @ValueSeeker . Only those who have actually put in their money in markets and made money from them have a right to comment upon valuations. Just because a person gets the post of "Chairperson" of the highest regulatory authority by way of bureaucratic favored hustle and bustle, should think as many times as could before releasing a public statement that has huge stakes involved. No other global market regulator wants the stocks markets to crash before elections, but as this is INDIA : sab chalta hai !!
@ValueSeeker ; @MuStrFc After going through several articals and videos on this matter , the villon of this story is not only the SEBI chairperson but also, Electoral Bonds , as several quid pro co stories and use of central agencies by current political dispenstion to coerce enterprenures to give donations through ele bonds are floating around. Adani shares route is vouching for such a quid pro co.
Why to consider SEBI Chief responsible for this meltdown? It is just a trigger. There is much froth/ bubble in the market. If not intervened in time, it will expand more and more. Ant it will burst with more calamities. And the worst sufferers will be retail investors. So correction may seem painful, but much needed for long term healthy market.
Agree there was bubble in many small/SME stocks but so many good stocks were also there with reasonable valuations along with good growth prospects.
SEBI chairperson gave a blanket statement that midcaps, small and SME stocks are trading at frothy valuations without understanding the consequences of it.
Instead she could have cited which all companies are trading at frothy valuations and manipulation of IPOs have been done during listing and post listing after investigation is completed, now as she has painted every company with the same brush this broad market blood bath has happened.
So many good companies have corrected without any fault of theirs and retailers/HNIs are bearing the brunt of it. Definitely stocks should have fallen based on expensive valuations but if not for her statement the fall would have been orderly and retailers could have got a decent exit with minimal loss/reduced profit. Now everyone's portfolio who invested in midcaps, small caps and SME stocks would have turned into a loss especially those who invested in last 2 to 3 months.
Note: Only one good thing that has happened in this carnage is who have waited patiently to buy some good stocks, market is providing them a opportunity instead of buying for FOMO.
@newgen consultancy Your views on Shree Karni Fabcom, tomorrow's listing and SMEs in general ?... if any.
58. Nothing New| Link| Bookmark|
March 13, 2024 10:13:44 PM
Top Contributor (600+ Posts, 100+ Likes)
She goes out to make needless public statements that reel of irresponsibility. One might want to call such a person an attention seeker. One must understand their duties and adhere to the tasks assigned. Now that she has talked about valuations and asked women fund managers to empty their mid cap buckets, she must also publish a price band for every share in te market and stop allowing investors from breaching that on either side.
58.1. Nothing New| Link| Bookmark|
March 13, 2024 10:29:13 PM
Top Contributor (600+ Posts, 100+ Likes)
At this rate, she might contemplate disallowing individual investors from directly trading, investing in the markets and allow only fund managers to participate in the markets. Or perhaps allow only women fund managers to add that empowerment touch to the affair.