I was allotted one lot each against two applications in Precision IPO, but shares were not transferred to my ICICI DMAT account till 10 am at listing due to some technical issue.
I want to know is there anybody who got allotment in Precision in ICICI DMAT and was able to sell on listing at 10am?
Similarly all who got allotment and could not sell, may respond too. I know four such applicants.
If no one could, it is a bigger error on ICICI part and they should respond.
189.1. Jsca| Link| Bookmark|
February 27, 2022 12:21:52 AM
Top Contributor (500+ Posts, 100+ Likes)
@Avenue Sir,we are total 4 persons who had faced same issues. If possible we collectively fight for same. If possible please share screenshot with permission from admin or if not possible please share your complaint number basis on which we proove our matter.
189.2. Jsca| Link| Bookmark|
February 27, 2022 12:43:22 AM
Top Contributor (500+ Posts, 100+ Likes)
@Avenue Sir,i think@ashishk had faced same issues.
My purpose was to find anybody who got allotment in Precision in ICICI DMAT and was able to sell on listing at 10am. So far none...
5-10 members will not matter, actually I think nobody in icici could sell on listing. It is a gross mistake by ICICI and they should be accountable. Like you I have also raised my complaint at NSE but not expecting anything. Let's wait for their reply, which I will update here.
189.5. Jsca| Link| Bookmark|
February 28, 2022 12:47:41 AM
Top Contributor (500+ Posts, 100+ Likes)
@Avenue,I have just received 34000 rs compensation from icici securities for twice sold my sell order of Adani Wilmar by lodging complaint to nse. I am quite sure that they have to compensate us because problem is from their technical problem but I don't have screenshot. By the way I told you"Sir" because of i started from applying in VIVO sme IPO and got 1/2 in retail and also sold at Pre open by reading your and other respected forum members suggestions. You all are my mentors and this is my respect towards you,if possible please allow me to write"Sir". We will update each other towards Precision Metalik matter. If possible please share screenshot or your complaint number if admin permits same, because it provides evidence and our case become strong as total number of complaintants are 5 having same error.
I got allotment...it was my first ever sme ipo application...but due to icici glitch I have not been able to sell since then...pls include me in the list of grievance holder
189.7. Jsca| Link| Bookmark|
March 1, 2022 9:52:29 PM
Top Contributor (500+ Posts, 100+ Likes)
@Learntrade, please raise complaint to icici securities and nse and share screenshot if you have. Also share your complaint number so I can include your complaint with us as i am in touch with nse officer.
@Jsca.. my one NSE complaint number is NSEDRO/0027729/21-22 / I , it is in initial stages, sharing just in case you need. I will keep updating here of the proceedings... Please don't share any of my personal identifiable information here on this public forum, if you get from complaint details. Thanks
189.9. Jsca| Link| Bookmark|
March 2, 2022 11:28:31 AM
Top Contributor (500+ Posts, 100+ Likes)
@Avenue,sure sir. I will also update here. Have you shared screenshot with NSE?
Can anyone guide the process to register the complaint ..as I don't have screenshot of share status on listing day in icici demat...but m sure they can track it from back end...I wished to sell in premarket open order but now stuck with loses due to volatility
189.12. Jsca| Link| Bookmark|
March 2, 2022 2:17:08 PM
Top Contributor (500+ Posts, 100+ Likes)
@Learntrade, file complaint at investorhelpline.nseindia.com even you don't have screenshot and share your complaint number here.
All the Best for Share Holders, May this Company perform well and all the Share Holders earn Huge Profit. I am not here to scare you, I am also a small retail investor like others, I am there in Market Since 2003, I am an IPO addict, Used to apply in almost all, Thanks
187.1. K.Atar| Link| Bookmark|
February 17, 2022 7:33:58 PM
IPO Guru (1000+ Posts, 700+ Likes)
Then,,, do a lot of research before applying in any ipo and if you are not comfortable with the company then don't apply even if whole world is applying in it. Trust your conviction and gut. Leave this matter to us, no one is scared of your posts rather you seems to be terrified. Go slow in your investments never rush that's I can say.
Issue resolved now regarding ICICI direct. @RAKA. You seem to have personal grudge about the company. Anyway You have every right to express your opinion but as per my thinking this share will perform excellent in coming days
@ ashishk Dear Sir, Thanks I am not holding any Share of It now, I didn't have account in ICICI Demat My Friend Have a/c and he was telling me that the Price is not refreshing
@Raka Gangapur, You informed precision metalicks Fraud company. Why you have not share your view at the time of Ipo. Further recently many sme Ipo came, and listed,provide the names of fraud company which listed .
Dear Sir, I was not aware about the company, Yesterday only I came to know about it when my friend told me about it, so I sold My allotment shares in Loss.
@RAKA, Your friend have given you wrong information. Please recover the loss from your friend or file police complain or leave the friend. Apply your mind and not others.
Person having Shares in their demat with ICICI Bank is not able to sell it and Even Price is not refreshing, Again I say That exit this company immediately
My Friend has visited the Premises and He told me about the company, Exit immediately and save your capital, Share Market is total Gamble, anything can happen, This company's share may run but is it better to keep away yourself from this company and invest in some good fundamental Bluechip company
Same for me as well. It is showing in Zerodha but error when I place sell order @10:10AM "The instrument is either suspended from trading, or the order was placed outside of trading hours."
In NSE site , it has mentioned that the stock has suspended . There was no preopening trade happened. Looks like later it got changed . ICICI and zerodha was not allowed to trade and even price details also not shown
It is good but pre ipo holding is 79 % After ipo promoter holding is about 58% What about the rest 20.3%holding Reason for lower hni subscription and such a downfall suggest else story Is there any Lock period for those remaining 20.30 share Holder Please guide us
As per my thinking ,Company fundamentals are good but subscription was not according to that and now after multiple LCs, share price is hovering between 52 to 56. @lokes sir , What may be the future strategy for shareholders Please share your views
172.1. lokes| Link| Bookmark|
February 13, 2022 5:12:33 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@ashishk: yes your thinking is correct in my opinion too... for future, i think results will come good and share can have good positive movement in future....since you have 2 lots, so you can think of selling 1 lot around 60 so that your risk reduces for other lots which you can hold for some months.... overall this metal sector having good growth and this company already posted good results in last one year and can continue that in future.... Jainam sme shares were hovering around ipo price 70 only for some weeks......then it moved to 100 around and now after some months its around 190 now
172.2. lokes| Link| Bookmark|
February 13, 2022 5:16:31 PM
IPO Guru (4400+ Posts, 5100+ Likes)
one more thing is its circuit will change from 5% to 20% on tuesday 15th feb...it will be interesting to see how it moves that day...
Glad to read your opinion. May i know from where do you check the upcoming filter changes for the shares?
Also, your view on DMR hydroengineering? Though it is in decent profit, but the share has not been moving recently. What should be the strategy for it? Though, clean energy is the future, so i feel that with more & more projects coming in the future, it might get some consulting projects & might do well?
Any thoughts?
Regards
172.4. lokes| Link| Bookmark|
February 13, 2022 7:08:58 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@Nishasondhiya: For sme ipos. normally circuit changes on 10th day from 5 to 20%, precision was listed on 1st feb tuesday so on 15th feb tuesday circuit will change. Particular info can be checked on respective nse/bse sites, i don't check normally. And normally after 10 days, they come out from T2T category also.
Regarding dmr, mine views are also similar as yours. i am also holding it. Company is more into hydropower and dams rather than energy field. i am waiting for next results to come to see any further movement, no idea when they will announce the results. From long time, its not moving in any direction as you said.
Thank you for your feedback. One last question, whats your thoughts on richa info, i read your comment there, but thought of asking your review one last time before deciding to accept the mandate for the same.
Regards
172.6. lokes| Link| Bookmark|
February 14, 2022 2:40:05 PM
IPO Guru (4400+ Posts, 5100+ Likes)
No more view other than that. Markets are falling a lot along with smallcaps and midcaps more falling....so better be cautious now...
172.7. Jsca| Link| Bookmark|
February 14, 2022 3:29:13 PM
Top Contributor (500+ Posts, 100+ Likes)
@Lokesh@Avenue ,is it possible to claim compensation from icici securities as because of not given timely credit to demat of icici securities account we were not able to put Pre open order?
Dear @lokes Sir I am sailing in the same boat as @abhishek My query is when will be results out Is it possible for a company to declare results without compulsion from nse as nse insist it on half yearly basis So many people holding it are in panic situation due to herd mentality even if company is in SEZ enjoying tax benefits for more than 6+ years so plz guide us Regards E
I am trying to purchase a Lot of 2000 Shares through Sharekhan. But getting an Error msg : In Group Scrip Buy not allowed. How to buy the lot of Precision Metalik, as I been to their facility long time ago and believe it can perform well in long term. But I am not able to buy, can someone tell me what is this "Error msg : In Group Scrip Buy not allowed" mean?
@lokes, I have added another 10,000 shares on top of my 34,000 today. I would suggest high risk takers to add at this price 46-47 and hold for one month. I feel this stock would give good returns in near future.
I am also agree with MRavi.. My gut feeling is that it will move Jainam way. I am holding 1 lot of IPO alloted shares.
170.5. MehulStk| Link| Bookmark|
February 16, 2022 12:57:00 PM
Top Contributor (400+ Posts, 100+ Likes)
Thank you so much for encouragement @MRAVI @Lokes Sir, I am holding 2 lots from IPO level. What you guys think about Timescan and Vivo ? they are going down everyday I have 1 lot each.
@MehulStk, I am holding both 'timescan' and 'vivo'. I would suggest to hold if you are a risk taker for few more days/weeks.
Thanks
170.7. MehulStk| Link| Bookmark|
February 16, 2022 2:44:20 PM
Top Contributor (400+ Posts, 100+ Likes)
Thank you @MRavi Sir, As we were talking about holding it and Timescan trading 20% up now hope it will regain its previous levels. It's Privilege to have experts like you and Lokes Sir, Who always ready to help other members open hearty. Thank you again.
I bought 2000 shares on the listing day (around Rs. 71). I am still holding at a huge loss. With EV focus and scrappage policy, I believe we can harp our hopes on this script. Perhaps, we should wait for the Q result. It might help us realize the direction the share will go in the shorter time.
@MehulStk, Thanks for your kind words. Timescan - 20% up again, Precision also joined the party finally 10% up today. Vivo in next few days 🤞
Thanks
170.10. MehulStk| Link| Bookmark|
February 17, 2022 11:39:49 AM
Top Contributor (400+ Posts, 100+ Likes)
@Mravi Yes, I was bit worried about Timescan and Precision as they ware showing continues downward moment but your valuable comments connived me to stand still and keep holding it. Thanks you for that Sir. Learning many things from mentor like you. Hope Vivo soon join the party :)
@Raka Gangapur, Kindly read, its my personal opinion only (seeing the CPY growth and the sector), I am not an expert. I was wrong in the past and I could be wrong here also. But its my opinion for some one asked me.
Could you kindly elaborate on 'Totally Fraud', so that people can get some good insight of the company and take decision, we would appreciate.
sir, This company Operates from 25*49 Sq area (like Flat), secondly This is not having any specific products, My Friend has visited the Premises an He told me that it is like Some Garage , No. of Employee he saw was 5-6 Only when he visited
@Raka Gangapur, Thanks for your feed back on your friend's visit to the company. your point is well noted. Its up to the individual to decide on his own risk taking abilities.
@Ranka, It seems there is some interest for this company for you. You want scares the investors and keep the profit to yuorself Please read the review of Dilip Sir, to know about company.
Issue resolved now regarding ICICI direct. @RAKA,You seem to have personal grudge about the company. Anyway You have every right to express your opinion but as per my thinking this share will perform excellent in coming days
@ Mr Dinesh Dear Sir, It Is not Possible for Mr Dilip Davade to Visit each company before giving review, They Used to give review based on DRHP and Companies book (Which is manipulated in Most of the cases) And Secondly you Mentioned that I want to take whole profit , Dear Sir I am Just a Small Investor Only and It is not possible for me to take the entire market share, I just share my Experience only, I have burnt my hands In Accord Synergy Earlier, In which Mr Davde also gave Handsome review
@RAKA, One basic question, if company is fraud, then why the share price is performing well today and also you came on same time? Also how your friend got the permission to visit the plant ? Based on your disparate 5 message today alone about the company, every one raise doubt about you and not about company.
@Dinesh Singh, I am sure, we all know the company can not produce such financial results for the past few years if the company operating in a flat of just 1225 sq ft area.
Lets leave his opinion, we know this company is doing good and some of us looking for a long term investment in this company after the next qtr results.
Congrats to all for holding.
Thanks
170.24. K.Atar| Link| Bookmark|
February 17, 2022 6:43:09 PM
IPO Guru (1000+ Posts, 700+ Likes)
@Raka, That's way of life,sometimes we win, sometimes we lose,better to identify your own limitations before jumping in. Never test the depth of water with both feet. Nevertheless if it's true what you told then we have every sympathy with you. And I wish you Good luck in all spheres of your life. May you recover by all good means if you lost something.