Hello Experts, This is my first SME IPO. I check the balance sheet of this company and debt free company with the high growth potential. So I applied for 1 lot, allotted the same. Yesterday in pre-market this stock price almost reaches 1x then into LC. Anything I missed to check? Also suggest me some selection criteria for picking SME's carefully. Also please mention hold/sell of my lot. Thanks in advance.
Even I couldn't sell it. Got busy with some office work in morning and could not place pre-open order. And then it moved to LC. I usually sell on listing. Don't know how many days it will be in LC now. :(
126.4. antarix| Link| Bookmark|
February 1, 2022 1:56:39 PM
IPO Guru (1200+ Posts, 800+ Likes)
It is not that I could not sell, just did not want to sell for some time. For a couple of days, it may be in LC. Say till 60, and then will bounce back.
123.2. Mas| Link| Bookmark|
February 1, 2022 10:38:04 AM
(200+ Posts)
Not exactly 9.45 , you have to place order at 9.42 or before to get executed. I placed at 9.40 , that time it was showing 85 & I placed at 81, but next movement it was 75 so I modified & placed at 71. And got executed at 9.44 for 75.
@MehulStk, yes I am holding all, will hold tight for few quarters. for those who want to exit, I would suggest to wait for few days for sellers finished and absorbed strong hands for up move. my personal opinion.
Thanks
117.2. MehulStk| Link| Bookmark|
February 1, 2022 10:41:47 AM
Top Contributor (400+ Posts, 100+ Likes)
Thank you for reply and encouragement sir :) I will also hold my 2 lots tightly. feels like because of budget day people are preferring to book profit.
Sorry to bother sir but I would like to know your view on Timescan I remember you applied FF in this. I am still holding 2 lots.
@MehulStk, Timescan, I hold 2 lots also. I am not sure about company prospectus. But this stock look like, it will move up after one or 2 LC. personally I will hold due to very low float. (I have so many SME IPO's doing great, and I dont mind holding this as well) Please look for experts like @lokes & others opinion and take a decision.
Thanks
117.4. MehulStk| Link| Bookmark|
February 1, 2022 11:51:04 AM
Top Contributor (400+ Posts, 100+ Likes)
Thank you so much for your input sir. Yourself @lokes @Noorul and other respected experts are true gem of this platform.
116. Bhav| Link| Bookmark|
February 1, 2022 11:31:47 AM
Top Contributor (400+ Posts, 100+ Likes)
expert need your help,
for placing sell order should i put quantity as 1 or 2000