Pritika Engineering Components Limited IPO Message Board (Page 1)

Dont worry brother, If any LC is going to open, then it will oPen for this.

It has lesser selling Qty at LC as compare to baheti and Ambo even when both hits more LC.
Baheti - 3rd LC
Ambo - 4th LC.

Dinesh Bhai, you are an old player. Aap yeh sab likhte rahoge to issue price se neeche aa hi jayega. (Or you are trying to manipulate it).
However, there is chance of LC on 13 Dec, tomorrow and then again after that one more LC. Then only it will go up. Don't make people panic to sell. Right now market is at extreme, for faint hearted, withdraw all money and wait on sideline till budget or US interest pivot. Auto sector is always cyclical in nature, look Unipart is also down. If can't wait for long exit tomorrow in both script and never look back. ( N.B.- I have exposure in both script and will hold for long till results).

@taj Good and balance view
+1

LC of others like AMBO and Baheti are open today....but LC of this company continues...it says all...

Let us sere tomorrow

Baheti Opened After 3 LC
Ambo Opened After 4 LC.

Pritika is at 3 LC.

it will open after 5 LC...

Tomorrow it's LC will open.

Yup agreed with Noorul.

Many bulk buy deal happened on listing day btw 41 to 42.
they will move up.

Baheti on UC today...
Pritika will be in same line ...it will hit UC...Currently it is just panic mode of retailors...Yes there are multiple bulk deal at higher price...so wait and watch....
Do not make panic if someone want to hold it...this is fundamental good company. It will give good return...

Let's see tomorrow...I don't have any hope on this counter now...happy to be wrong in my prediction since I am also holding 1 lot here...

@dinesh: keep putting amo orders at LC price to sell, you will get success soon...and anyways u took it as a lesson so be more careful for new buying in preopen if you can't stand with some downside....if all shares keep going up after listing then anyone can keep buying in preopen....

It is up today....I hope this is just start

Game started in this today...yesterday it was UC and today it is LC....operator in action. you will see some movement in this in next 10 days.

@JaiShriKrishna up movement or down movement, sir?

What's on 13th, sir?

we can't sell the shares purchased yesterday till 13th...

Hold tightly and sit relax.

Agreed, but there are not many LC expected.

Those who bought are in loss, very few will book loss.
Those who alloted are mostly sold 23.16L yesterday + 1.48L today already.
Total = 24.64L out of 32.48L (around 76%).

only 7.84L qty in hand with allottes

On 13th , all these calculations have no meening.
Learn lesson, will not buy any SME at pre open in life time....

Even i didn't want to buy it but seeing the buying volume, went for it but no regreats as it could have gone any way....let's hope the LM does something ( chances r very less looking at its past listing)....
can't always make one sides profit.....there would be losses .....
I somehow believe it can show movement like skp....not exactly but like....

@lokes,..we are waiting for your input here...
I feel not much charm left now...Will go sideways now..

@Dinesh Singh and @Takamichi,
All these SMEs are risky and operated by market makers. Buying and investing in such shares after or in pre-open is always risky. If have big financial appetite, even then I always say take only calculated risk. Volumes can change at any time. Sometimes UC and after sometime there is LC. See the condition of investors in que for buying at UC. Who have a very good balance of profit then can take risk. They made good profit by taking risk, but calculated risk. In SME no one can book partial profit or loss. That's very serious problem. Why risk in every SME? But done is done.
I wish both of you a good profit.

Is not it 12th.

@dinesh singh: somewhat i agree to what gaurav has mentioned for pritika.....but as you and others mentioned, ya from sometime mostly are going down after any kind of strong/weak listing or in some days like vital/ambo/pritika/baheti/daps.....

from 1 month around, we are seeing most existing sme's are also not performing good and new one listed also....previously i didn't used to buy in preopen, around 2 months back, i bought cargotrans and insolation (buy order missed for cargosol slightly) and both i sold and booked good profits in them...
But after that, new recent buying like vital is struggling and this pritika also need to see how it goes [both these companies are having good financials and future growth also should be there] so i will keep holding these for some longer time with some hope/trust that these will start giving good upmove sometime or after next results like many previous other sme's....

So mainly in future we need to be more careful in new buying and better to sell allotments also when getting good profits initially (its tough to predict and decide that which one will become double triple like many earlier ones or which one will keep going down or keep languishing)

Sir, Totally confused. What is the next strategy? Should I hold for mid to long term or sell?

Agree :D :D

I also bought 1 lot here in preopen...

Bought 1 more@40.10

Bought 1 lot @40.1

Brought one after 10 at 40.5....
Hope this give something to cheer for.....all my recent investments r in red only😅😅

Dear Arca ji & Lokes ji.. plz help clear a doubt

If I have 10 demat ac’s & I have funds for 20 lots of any particular SME ipo (taking ex of Arham) which is 450x subscribed (in both retail & hni)
What will be the best option to go for?
1) 10 Hni applications with 2 lots each
2) 10 retail applications i.e 1 lot each

i too bought in ore open

I also take the lead and bought 1 in pre open.

Abhi vpg

You are question has two answers.
If it is a fixed price sme like arham
Go with 10 retail
If it is a book built issue like all-e or drone go with the least subscribed ( no one can exactly predict before hand so wait till 3:30 or 4 and apply though upi)

Thanks a lot Arca ji for the input 🙏🏻
But, can you plz elaborate a lil more
What difference does it make if it is a fixed price issue or a book built?

You can find it in our chittorgarh site itself whether book built or fixed issue -> issue type.

😬I am not good at explaining the concept, better read it in Google.

@Abhii VPG: As you mentioned if subscription is same in both retail and HNI category suppose 400X , then always 2 lot HNI application has better (double) chances than 1 lot retail application....there is no difference/impact of fixed price ipo or book built ipo type here on chances of allotment....
its simple 1/400 chance in retail and 2/400 (means 1/200) chances in hni....

Thanks a lot @Lokes ji for the info 🙏🏻