1:52:39 PM GOOD AFTERNOON @MRRAVI @@NOORUL @LOKES @AVENUE and all other RESPECTED MEMBERS kindly tell what to do with rainbow now I have 2 retail lots is it ok to hold for long term in my portfolio kindly also share your view its future target thanks
When a loss making company like Rategain makes a come back and gave decent profit to ipo holder.. than why this profit making would not bounce back from here... I believe most shivering hands took off now. It will come near to issue price with in a month.
In negative times no one talks about the brighter side. Last quarter profit was too good.. new hni rules spoiled the listing.. Stock market runs on sentiments and unfortunately today is a selling day tomorrow may b not.
Hi! Two disasters of new rules 1) to subscription breakup 2) 14 lot allotment, made the mess out of this relatively descent IPO. I am afraid all coming IPOs will behave in uncertain fashion so better be cautious now. I was allotted a truck load :) and fall was too steep, so sold 25% @ 446/-. But I am still confident that 75% will help in covering present loss, though will still be watchful tomorrow and may sell another 25% (max) if start to fall again, will hold remaining 50% for some/long time.
@Noorul.. I know you pocket will never be empty and It did not hit LC finally. I hope to see only upward movement from tomorrow. fingers crossed...
I am holding 4lots and expecting to exit with some profit in near future in not convinced to hold for long. Inflow from FII is crucial for the market to start upward journey. I hope these are the last few tough days in current red patch and after few days things should start getting better.
Market will not run up until China and Russia issues are solved. This Taper tantrum 2.0 will continue for a while. Anything can happen tomorrow, However many believe that rainbow is long race horse. It will give pain in short term with ups and down.
@kurpa. Actually its new trend set these days.. Ones a ipo list on negative side .. next moment people starts call it next paytm , cartrade etc. Without considering fundamentals and sector performance.
Comparing rainbow with cartrade is like comparing a mango to watermallon. I still holding mine allotted shares. Yesterday was a selling day fortunately today's not.
I have 3 retail applications, 13 lots each. Can you pl advise what should I do. Wait or sell tomorrow. Current loss at 1L. I’m a new investor so very clue less on what to do. Request guidance please.
It's very difficult to advise you but in my case I have allotted 9 retail lots. I am bullish on this stock and and will hold it for short to medium term.
498.2. CoolAsh| Link| Bookmark|
May 10, 2022 10:31:39 PM
Top Contributor (700+ Posts, 100+ Likes)
I suggest you have patience. Some things take time in the market. It can be tough especially when you are new or leveraged highly or have utilised most of your funds. So, watch out for the danger sings of leverage and fund utilisation
Seemed like a lot of circular trading in rainbow today. No matter how many trades completed, there were always about 22 lakh shares on offer for sale while number of buy orders were 10% of that.... I guess many of the QIB applications too these days may also be rigged through private deals. Promoters / Bankers to an issue can always arrange to bring in at least some of the QIBs and HNIs by compensating them offline in case of a discounted listing. This would ensure that there is no risk of the QIB portion getting under subscribed, ensuring that an IPO sails through.
There is too much focus on listing gain rather than the larger picture. Investors should do due diligence, be selective and at least hold for a few quarters Invest only extra money. Never invest money that one can't afford to lose
497.2. Prasen Ipo| Link| Bookmark|
May 11, 2022 1:24:38 AM
Top Contributor (300+ Posts, 100+ Likes)
@Ultrasnow I agree with your view. Invest only extra money. Never invest money that one can't afford to lose I take a lesson from Cartrade . Not invest in paytm . I invest in rainbow due to good fundamentals. Hold all 6 lot for medium to long term
@Dinesh Singh sir badi badi baato se kuch nahi hota Market mai ...tell me the basis..some retailers after seeing your post may be sell in panic... don't spread fear when you don't know anything...
@Gaurav, Don't feel bad on my comment Every one is smart here. I am not here to be followed by anyone. I just expressed my thoughts. I am learning daily from my mistakes and also suffered in Car Trade and this one also. Still holding 13 lots of this. Learn, earn and enjoy 😉.
In a lowly subscribed IPO ( 1.36 times ) in retail, 41% subscription gone missing. Finale demand for RRI is only .81 times overall , this too before technical rejections , it falls even further after technical rejection ( fall in no of applications).
491.1. Jetha Lal| Link| Bookmark|
May 10, 2022 7:07:49 PM
IPO Guru (1000+ Posts, 2100+ Likes)
It will be imprudent decision to go with prudent. I out from IPO game until solid fundamental with decent valuation from growing sector company come in IPO market again. Waiting for Ather industries. Shock in 🌈 and regret in campus of not exiting above 400.
Venus mai journey hi start nahi hogi (no allotment).
491.4. lokes| Link| Bookmark|
May 10, 2022 9:56:01 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@jetha: Regarding campus, i posted yesterday night in below post to exit between 380 to 400 at least partially if not Fully. https://www.chittorgarh.com/ipo/ipo_discussions.asp?a=1250&c=512221&ap=0 I booked partially (65% sold) as mentioned , remaining left. Being optimistic is fine, but we should keep booking profit and loss too, no matter how good company is and how much up and down it went. So in rainbow also i mentioned to have stoploss and to sell partially atleast when it was 485 around. I can't keep telling others to hold because I am allotted even if it's not performing. We can't keep on hoping it will do good when it's going down continously, since markets and shares won't move as per our saying/thinking. If some companies have recovered after initial fall, there are many which kept going down after listing or after attaining peak. We can buy again later if it's doing good (and may be at lower price too) or there will be many other opportunities but main thing is to protect capital by having some stoploss. And it also depends mainly on individuals risk profile and holding period horizon to be stuck. Lets hope tomorrow rainbow and campus do better for everyone's benifit.
490. arunARUN| Link| Bookmark|
May 10, 2022 6:19:33 PM
IPO Guru (2000+ Posts, 1700+ Likes)
Bought 100 on average of 460. Let us see. Hospital are long term play
👍👍👍 (Recent knowledge) Don't try to take it out with another biscuit if half of the biscuit sinks in tea The other one will drown too... The poet says not to average here. Translated with Google.
Rainbow IPO is an eye opener.. 2021 is gone... Its 2022 and market is heading towards new normal.. If Promoters & Merchant bankers don't leave something for bidders, they might find it hard to sail through. Anything and everything would not be respected by market anymore. Stock will trace its fair value on listing. Also some tough lessons for HNIs who are now getting 14 lots. Thorough study must be done before applying. One or two factors going in Favor of IPO will not ensure healthy listing. Pricing of an IPO is more imp than Fundamentals. Good fundamental company with High Valuation will make investors feel the heat and can happen vice versa. So, it never means that one should stop applying IPOs but should have 360 degree analysis b4 jumping in. Its no more easy money.