Seeing it list in green is delightful 😉 Though it wasn't tough to predict by calculating factors of this IPO. It will either sustain this price or go bit more higher but it shouldn't go down.
Fundamentals are still substandard but in short term fundamental take backseat and different other factors work as well like demand & supply and sector in focus.
Good day for listing. At least open in positive. Congratulations to all. Market still shaking. In red at the moment. Hope for the best. Banks lookin positive.
188. Anshujii| Link| Bookmark|
September 22, 2023 10:46:00 AM
Top Contributor (700+ Posts, 100+ Likes)
Listing at 134.50..better than zaggle...sold half
187. Basuvr| Link| Bookmark|
September 22, 2023 10:45:20 AM
IPO Guru (2000+ Posts, 1100+ Likes)
134.5
186. The Nest| Link| Bookmark|
September 22, 2023 10:41:54 AM
Top Contributor (300+ Posts, 200+ Likes)
Congratulations to who dare to Apply....
185. A.K. Goyal| Link| Bookmark|
September 22, 2023 10:39:18 AM
Top Contributor (300 Posts, 100+ Likes)
Was available all day @7-8 rs premium Will b interesting to see screen tommorow 🤔
180. Black Swan| Link| Bookmark|
September 21, 2023 10:49:29 PM
Top Contributor (400+ Posts, 400+ Likes)
Issmein haathi ghus gaya ki magarmach yeh humein pata nahi par fundamentally this stock deserves a 15 to 20% pop if not on listing then in few weeks.
I was confident and applied all my applications on 2nd day itself with FF. Had already given a subscribe rating
Devil is often in the details. Last year Samhi paid some 200cr as a non recurring payment towards NCD. This was a one time hit so the actual loss will be much lower after the debt reduction in the current financial year.
In recent years the Fund managers and the self proclaimed babas coming on TV sets have become hostage to the GMP activity. But more often then not the best returns are made when you shut yourself away from all the noises and do .your own research. There are many examples like HDFC Life, Gland Pharma, Mankind, Medanta where issue in Retail and HNI was barely subscribed but gave handsome returns.
Baba Ranchordass would say Paise ke piche mat bhago knowledge/excellence ke piche bagho. Long term it would reward you handsomely.
One more thing need to be considered that the debt has been taken in very high rate of interest and when the debt will be reduced then high cost of interest is also reduced substantially which in turn will impact profitability
180.3. Ankur Goel| Link| Bookmark|
September 21, 2023 11:29:11 PM
IPO Guru (1300+ Posts, 600+ Likes)
By doing this, you will also become a contributor to ensure that it will list less premium. Why you wanted to do this. If you wanted to sell pre open, at least sell at 10 am or by doing GTT after knowing the price
Or at least see the price movement and put the sell option 9. 43 with a low value but not at LC amy time
IPO limit price should be put at lower circuit price. It reduces the listing price. Keep limit price @ Rs. 132 which is 5% above issue price. & if you are very conservative you can use issue price as limit price.
Revision- IPO limit price should "not" be put at lower circuit price. It reduces the listing price. Keep limit price @ Rs. 132 which is 5% above issue price. & if you are very conservative you can use issue price as limit price.
175.5. Nifty Singh| Link| Bookmark|
September 21, 2023 9:06:18 PM
Top Contributor (200+ Posts, 100+ Likes)
173. @Gunnerz I would suggest put your bid at upper circuit. Once price is determined revise your order and sell at market at sharp 10.