Refractory Shapes Limited IPO Message Board (Page 1)

1 Lot allotment, sold, 1st ever big n huge profit in IPO - 274 % appreciation. :) Guys sell sell sell sell.... Monday it may lock in LC, a huge traded volume today with 10.8 Lakhs as opposed to a few thousand in the last few sessions. MY VIEWS AND OPINION. I am safe.

Anyone still holding ? Thoughts on how long the UCs can continue ?

​@Nitin oswal Good to know that u booked profit by making stop loss trigger . It is always better to book profit to make further journey. No one knows when ipo like spectrum talent / aatmraj / Italian etc come back .

​@PLAZA Spectrum talent cellpoint AATMAJ ka naam bhi mat lo abhi bhi dard ho raha he

Can anyone help me know the below information?

When any SME IPO gets listed, LC and UC are 5%. When it gets reset to 10%, 20% etc. Is there any specific rule for the reset for SMEs? Please let me know.

Bought in preopen by many finfluencers.

A dark horse 🐎 with good national and international clients.

Looks like this will run for a few days. Not much float left.

Pnb amount not unblocked what to do ?

PNB AMOUNT NOT UNBLOCKED WHAT TO DO IF SOMEONE COULD HELP

Refractory Shapes Limited.NSE SME IPO.                        
Symbol:-REFRACTORY
Group:-ST
ISIN:-INE0TNX01015
Issue Price:-31/-
Market Lot:-4000 Shares
Face Value:-10/-
Listing At:-NSE SME

​@M Gupta ​Dear pl suggest what should be strategy of selling allotted lot of refactory tomorrow throgh your expertise and gutt feelings .In what range it is fairly valued and at what level one should exit .

Disclaimer generally I don't hold shares .

Fundamentally the stock seems overvalued, but the free float is low and it can go to any level as long as it is being supported .

I am still holding my IPO lot, but I fully expect that it can have many consecutive LC days once it gets out of UC.

With such stocks, my exit strategy is based on instinct and risk tolerance rather than any fundamental analysis.

Just watch the volume of Buys. It is as simple as it is. The moment it comes down, be ready to sell. From 60 L to 30 L, it has reduced today. Maybe, on Wed, it will be less than 10 L, or maybe sellers only. Hence, you have to be watching when the tide will turn. For example, I sold Energy yesterday at UC when the volume of Buy was just about a lakh. It started disintegrating so fast that had I been 2-3 seconds late, I couldn't have sold at UC. Today, it has hit LC. So timing is very critical.

No Revoke at HDFC bank. :(

Allotted 1/1 retail application, First time Lucky in sme ipo, Applying from last 3 years. When the listing will start on 14/5/2024 or can i sell it pre-listing or before market opens ??

Amount yet not revoked in Central Bank.

1 lot alloted in hni

What is the plan for tomorrow? Sell or hold ?

I am holding for short term

Only 9 crore worth of shares with retail and hni..small size , operator can take it to any height..

0/2

I got 0 allotment.

Congratulations to all who have got allotment. It will list with good returns.

0/7 here as well

No luck from 30/30/30

​@rohiitian What's the fair value of this company basis your calculations?

​@rohiitian Thanks dear for giving direction. Yes also what is its fair value as per your unparalleled depth knowledge. Pl...

Got 1 lot ...1/7 retail..got lucky this time.. Thanks GOD

Yes..it will list in positive.. don't worry..LM is good..

congrats

Allotted 1 lot for 2 HNI App

Great.. Congratulation.. Sir 🥀🥀

LOL