360. Kapz| Link| Bookmark|
September 12, 2023 11:06:33 AM
IPO Mentor (800+ Posts, 400+ Likes)
Quite a significant erosion in several SMEs today…almost like a meltdown. Anyone else seeing the same? Any understanding on the reasons what could have triggered a very broad drop?
360.1. Takamichi| Link| Bookmark|
September 12, 2023 11:14:28 AM
IPO Mentor (800+ Posts, 700+ Likes)
Yes....can see my portfolio feeling the dose..... 4-5 din mein jo mila woh sab ud Gaya tha..... Might be some FII sell off or some QIB dumping......
360.2. Kapz| Link| Bookmark|
September 12, 2023 11:40:08 AM
IPO Mentor (800+ Posts, 400+ Likes)
@Takamichi yes perhaps, as many analysts have been suggesting small and mid caps are in overbought zone. You are lucky that only 4-5 days profit lost as for my portfolio, profits from last 1.5 months wiped out…Pretty broad and deep drop. In any case, will stay invested as have firm belief in most of my holdings.
Percentage wise stock is down but IMO there is not significant volume in selling. My sme portfolio is down too but very few lots were traded today. Most of the people are not ready to sell at lower rate. Hopefully this downfall will not last long
same here sir , did you sell any of them recently in a week in this downfall?
360.7. Kapz| Link| Bookmark|
September 13, 2023 9:45:13 AM
IPO Mentor (800+ Posts, 400+ Likes)
No sir, and not intending to sell either as I’m generally a long term investor. In my view, none of these are overvalued from last reported earnings, let alone forward looking ‘expected earnings’
@WealthyRam In my view, Chaman is fundamentally good to hold for next 2-3 years. Still available at attractive valuation, and I’ll be ignoring all up or down movements. Not following RBM infra.
360.10. Have Faith 🙏| Link| Bookmark|
September 13, 2023 1:05:37 PM
Top Contributor (500+ Posts, 100+ Likes)
@Have Faith 🙏 have full faith in Ratnaveer, it’s a horse that’ll gallop in the medium to long run. Last couple of LCs were purely due to market jitters and people booking profit because it opened under it’s GMP. In my opinion, accumulate if you can but please take decision as per your own assessment and risk taking ability.
360.12. Have Faith 🙏| Link| Bookmark|
September 13, 2023 5:06:38 PM
Top Contributor (500+ Posts, 100+ Likes)
@kapz it is not picking your name for tagging. I can’t sell ratanveer even if i wish to sell because my kyc is not updated in Zerodha till now ..so trading is disabled in my account..hopefully kyc will get updated from Zerodha end by tomorrow as i updated it on Monday…..let’s hope for few UC now so that it can reach between 140 to 150 range
Still my fund has blocked on Ratanaveer in IDFC bank Plz any one also face the same problem
At the time of application when your fund or mandate not approve in or at 5pm then your application will not considered Same SEBI also take very necessary action that if payment is hold after deadline line on the part of registrator then they pay 24% interest per day after dead line
358. Have Faith 🙏| Link| Bookmark|
September 11, 2023 10:58:52 PM
Top Contributor (500+ Posts, 100+ Likes)
Why listing below GMP. Is GMP was fake or hype. Simply not. GMP is decided by the no. of buyers and sellers. This was the -ve effect of T+3 listing. Today 2 mainboard & 1 SME IPOs are listed, and thus the buyers, yes definitely big players, were divided in all the 3. It hampered the listing below GMP. Every thing has some pro and cons. We have to co-op with all this.
357.1. Basuvr| Link| Bookmark|
September 11, 2023 9:58:51 PM
IPO Guru (2000+ Posts, 1100+ Likes)
Any side effect of pre-listing ? as funds were released early (almost 4 days including weekend)
My BNI still blocked and strange thing is that no application found on linkintime result page. Had gone to my branch also 2 days back, they told it will take time but still blocked. Fortunately I could see bid details on Yono Lite working this time and captured that and wrote to registrar. Hope they do the needful fast.
354. Ipoaspire| Link| Bookmark|
September 11, 2023 2:54:01 PM
Top Contributor (400+ Posts, 100+ Likes)
This is a good buy at this price.it can be best bought for short term Target of 175 .. company has good future prospects
I think jo mila vo profit hi hai kabhi kam kabhi jayada aap ye dekhiye ki kitno ko allotment bhi nahi mila......I think it's good luck because shares alloted to you 🙂