Maine RESGEN or ITCONS dono me apply kiya tha but RESGEN me hi Allotment mila ITCONS me nahi mila , thank god RESGEN me rs.49 me just after listing sell kar k nikal gya, so save CAPITAL with nominally gain, aab ye bada bada loss dekh lag raha hai accha kiya nikal gaya.
Bought and sold by bigg players in small amounts to keep it low and creat controlled panic. No heavy selling orders at LC, still volume is high. They will move it up as and when required.
At UC, and then several offers at UC. In my opinion, with all the patience shown thus far, people are letting go too soon to book loss. With all the big orders in 5 days, this is an ideal candidate to hold a bit longer.
Just 2 QIBs Vincent and Bahubali have bought 21 lacs shares in last 5 days, this apart from any allotments they might have gotten. Like @Sanchit said, most retailers would have offloaded, giving such QIBs good discounts to accumulate.
Saint capital initially alloted with 9.7L shares ....as i dont see any bulk sell order from them i feel they are still hoding it ( maven sold 7.7L and Rajastan global sold 9.7L and both exited completely )
101.9. SJogi| Link| Bookmark|
March 18, 2023 9:01:34 PM
IPO Guru (1100+ Posts, 900+ Likes)
Yeh rajasthan global ko toh duniya bharki ghai rehti hai turant bechke nikal jate hai.
jinko nikalana hai unke liye do din window open rahegi
99. KPCT| Link| Bookmark|
March 17, 2023 3:24:07 PM
Top Contributor (600+ Posts, 200+ Likes)
Snatched Out .....
99.1. KPCT| Link| Bookmark|
March 17, 2023 3:26:53 PM
Top Contributor (600+ Posts, 200+ Likes)
Shivani Quantum is ready to blast......Torque effect
99.2. KPCT| Link| Bookmark|
March 17, 2023 3:45:54 PM
Top Contributor (600+ Posts, 200+ Likes)
Shigan
98. SJogi| Link| Bookmark|
March 17, 2023 1:13:43 AM
IPO Guru (1100+ Posts, 900+ Likes)
Preface by dilip sir in this ipo review:it is really surprising that the company which has no performance track record for the last three fiscals is permitted to go ahead with its IPO for BSE SME listing. As per the risk factor, the company has put a disclaimer of its operations in the renewable energy segment that involves a substantial degree of risk following changes in rapidly changing technology and Government Policies. Due to stringent norms, it took nearly 2 years to achieve the quality of its products and started commercial operations only in FY22. The issue is aggressively priced based on its current workings.
Is it rare or it happens many time??
98.1. SJogi| Link| Bookmark|
March 17, 2023 10:23:31 AM
IPO Guru (1100+ Posts, 900+ Likes)
I was not allotted anything & didnt pursue during listing as was skeptical & worried , this company may end up like inox green energy,
94.1. Kapz| Link| Bookmark|
March 14, 2023 10:17:30 AM
IPO Mentor (800+ Posts, 400+ Likes)
@Smart man, skepticism is valid but I think the comparison is slightly misplaced. Inox was a loss making company with not much tailwinds. Not the same case with ResGen.
13 Mar 2023 VINCENT COMMERCIAL COMPANY LIMITED P 828000 47.17 13 Mar 2023 RAJASTHAN GLOBAL SECURITIES PRIVATE LIMITED S 603000 46.67 13 Mar 2023 SHERWOOD SECURITIES PVT LTD P 129000 48.82
As per trendlyne, Vincent generally holds for mid to long term investments. They did the same for Aspira Pathlabs. Acquired in bulk in Jan’21, sold a part of their holdings in Apr’21 after price crossed 2.5 times their purchase price. Still holding a significant portion in their portfolio.
Vincent bought more today…net 180,000 added Rajasthan sold more
VINCENT COMMERCIAL COMPANY LIMITED Bulk Purchase 14 Mar 2023 45.36 216,000 BSE VINCENT COMMERCIAL COMPANY LIMITED Bulk Sell 14 Mar 2023 44.97 36,000 BSE RAJASTHAN GLOBAL SECURITIES PRIVATE LIMITED Bulk Sell 14 Mar 2023 45.13 369,000