Why will he regret .infact he applied is a mistake to apply for 5 lakh plus and then wait for 7 days .he could have used this money somewhere else to get 5 pc gain from secondary market.
Camanish if u would have bought tcs which also approved buyback 10 days back you could have easily got 5 pc gain. Why you applied for the lottery then. Even if it list at 5 pc gain then too what is good abt it.you can easily use money wisely in secondary market
Rajkumar; what about akshar indicative fabrics and many others. They had high hni susbcription as well. Did u not apply in then .if u applied and not alloted then u r lucky but not everyone will be as lucky as you to get only sme which can give listing gains.have you seen even with high susbcription oswal is only 4 pc up. So story of listing gain is fine unless IPO start rising 15 to 20 pc on day 1. Dear with lottery system and getting money stuck for 4 pc gain is foolishness. Also market supported today as well. Once 2 or 3 issues you start getting no return and stuck on the issues you won't apply and the day is very near
Dear IPOANALYSIS After sarveshwar loss(Pls see sarveshwar page) i am restricting to apply sme stocks. Thats why i am applying one or two forms. Sarweshwar loss i make up in Bandan bank.
5 to 7 pc on 1st day is no surprise at all. Even five core with confirmed alloted was up 5 pc .same with dhruv. I would say sell this with any gains. It can't be portfolio stock
Nothing good abt the company. Static or declining sales and profits. High pe. long term prospects would not sound good. Only operator can assist due to small issue. One should stay away and not even look at such stocks. if LM does not support this is gone.
. U can look at secondary market and pick good ones. Primary market is gone. The earlier issue panthomath got price higher to trap and get these issue subscribed .Priti international is a clear avoid. My humble request don't take risk for listing gain as u have great chance of loosing money. Also check listing of waa solar today.ur undersubscription will make send a message to these lead manager and company
ok Rajkumar i think you are too positive with high subscription. i told yuo same about Sirca paints and see it now . even the gain in sirca was not more than 3 %.
my simple question to you. in past many issues if you applied in all high subscription issues and you been alloteed 1 lot each in every sme then also you will have loss 10%.
why would you want to take risk in primary market when last issues dont even have success probability of 10 %
I am doing IPO in last 30 years from there to now i believe high subscription issues. High subscription issues fail ratio may be 20 to 25% otherwise it may list at par or most of the time it gives listing gain. But in under subscription or very low subscription like one to two times it may or may not give listing gain. But in second category failing ratio is very higher. Sir, i am not doing secondary market, i am doing only IPO. Sir, Last one year i am doing sme ipo In last one year i got E2E only all other high subscription i didnt get any allotment. If main line ipo is busy then i will not consider sme ipo.
you are lucky that you got only e2e only but consider what wil happen if anyone is alloted 1 application each in highly subscribed issues.
Please check last 3 months issues post the SEBI t2t listing you will know the answer. even the high subscribed issues did not have the listing and most of them were avilable at discount on listing day itself.
I am not talking about old time. please check issues since the new T2T listing have happened.
i am not against apply in ipo as previously it was going great. not sure many have noticed but since t2t rule most of listing are now at discount on listing day. i had some multibagger in past sme and still hold them and will contunue to do so
Retailer who are here for quick money on listing day should stay away from primary market. you will be higly disappointed. there might be gain in 1-2 buy you will lose in next ones if you are here for short term gain
Only apply if you are confident on the business of SME stock and see growth in future.
Yes you are correct after T to T listing sme stock charm is over. There is no mainline ipo for the past two months thats why i am applying sme ipo. RITES is good company it may give listing gain. Likewise Fine also good company we can consider if qib subscribes 15 times or more.
My simple take if anyone understands why you should ignore apply in new IPO and instead pick good ones post listing
1) if suppose you start applying in highly subscribed issues and alloted even 1 appication in each. if you look history of last 3 months you have great chance you are in loss. even if you sell on listing day then too there are no gains.
2)easy availabilty and infact only 2-3 issues have given gains on listing. that make sucess ratio of not even 5 %
so as per probability yuo have risk of loosing more money my freind. the trend has changed. dont be too positive if you see high subscription.these small issue subscribed 5-6 times is nothing to be called as good subscription figures.
PRITI INTENATIONAL is priced above 20 p/e so quite simple i will avoid on expensive valuation. i dont want to look at subscription as we all know such issues can have high subscription
even lattey industries was subscribed well and is now down 10 %