Saraswati Saree Depot Limited IPO Message Board (Page 2)

Bro circuit is 5% and open price now in nse is 200 and bse 220. So how it can come 160?

Oh, sorry. Did not realise it is sub 250 cr IPO.

Also, if it lists @175 then below IPO price is possible...right ?

Nice. I expected listing below 180/-

Since it is sub 250 cr, it would be in T2T and no intra trade aloowed ... right? Like SME.

Yes @Esparando And listed 194 200 T2T

Right.

On the morning of listing date, u made such a strong comment neither confirming the IPO category nor waiting for the listing price 😶

Whats the call so...5% up or 5% down ?

Looking at the traded volume and pending sell orders, it gives a hint that may drift down and hitting LC cant be ruled out.

But you never know, one big hand coming to buy in such low float can flip yhe game.

But my 2 cents on it sliding down from here.

Totally proven wrong in this counter :-)

There is buying every where irrespective of the industry:-)

Sold full at UC. Enjoy 5% uc

Anchor cannot sell, assumimg QIB will not sell for such 20-30% gain, left are retail who have about 50 lakh shares ...and as this is in T2T, trade volume of already 40 lakh shares looks to be a very great start.

Comgrats to the allotees...I am not alloted, but had I been allotted I would not be selling looking at the trade numbers. Looks like still some steam left in yhe counter.

​@Esparando Bhai this is the beauty💎 of the stock market and that is why it is called MARKET IS SUPREME ALWAYS. Your logics are good👍 but sometimes market behaves its own like in this listing. Disc. sold 1 retail lot @203. Good 25% listing pop.

​@CJ ROCKS Very true. Market is the Boss.

​@Dineshmr Bhai, what is the point in predicting listing price if I have to wait for listing price :-)

I believe you are aware listing price is the discovered price which happens around 9:44 am. So to predict, you need to predict before that and not after 9:44 am :-)

On the IPO category, you are right, since I am not allotted this was not much on my tracker so did not realise it is sub 250 cr IPO.

​@Esparando Predicting is good bhai. But since u r a top contributor, ur opinions are of high significance. I got allotted and this morning my plan was just to watch as i was of knowledge that it is a T2T stock, i was expecting 20% premium and i saw open price at around 9:40 am in bse was 220 and since it is in 5% circuit, i was relieved to book some profits tomorrow no matter whatever is the case today. But ur comment gave me a panic attack making me doubt my knowledge about the counter and i had to recheck the information. So once u made a wrong comment i suggested that u could have waited for the listing price before making the second comment. That is what i suggested. Because when u r a top contributor everyone tends to consider ur comments :-)

Turned out to be a good decision 😊✌️

May I please know the listing name?

​@Kams  SSDL

Thanks  @Rajiv RR But not sure why i can't find SSDL in zerodha

​@Kams Try adding in watchlist first

​@Chhote Lal Was searching in watchlist only.

After killing the app and relogin it worked

Bdw...thanks sirji

Exited @217.88, Good 7k+ (12.3%) profit in just 1 day :)

wah ye kase ho gaya
ye to T section me tha aaj kase sell ho gaya
sahi hai

​@sahab Did BTST,, xday bought @194 & today sold @217.88

I am very new to market but like to study IPO functioning...My view is total 1cr shares are available other than promotors.. 50 lakh with QIB which are under lock in period...out of rest 50 lakh 15 lakhs with NII and 35 lakhs with retail.. Looks like retail will come to sell in first one hour.. so volume of pre-open + half hour is more than 35 lakhs and share in plus then it will hit more 2-3 UC based on volume.. Fundamental of share is just ok ok so holding till 1st hour is risky as if it lock in LC then negative sentiment will play huge role.. If it open at 20%+ with preopen volume below 10 lakh i sell after 5mins.. if volume in first 5 mins is 20 lakh them will hold and take risk for checking volume action.... Its tricky but will follow this .

Qib dont have lock in only anchor has total 1cr shares available. Selling pressure would be there.

Haan ji, ho sakta hai.

​@Chhote Lal ,

If we apply for 13lots in SH quota, will it be Proportionate basis or how it works.

​@Jey Nayak In all probability, SH segment too will get oversubscribed and hence allotment will be through lottery.

​@Chhote Lal , so there is no use of applying with max lots in retsil or HNI?

​@Jey Nayak Can't say that. Let the IPO be floated first, we will get to know finer details. Plus subscription levels are to be gauged once it opens to take any decision at that time.

​@Chhote Lal Ya fir bagal wale padosi ke kach mein 😜

​@sakarbazar don  Current premium is about 40 Rs and if listing is at nearby levels, it will be at about Rs 200 and with 5% cicuit limits, price can go to maximun about 210 thereby premium will be only about 50 Rs. What's the rationale behind premium of 90 Rs 🤔

Muje pata tha premium 40 hai magar maine likha hai 90 se uper jayega aaj ka din wait

​@sakarbazar don Aaj toh guaranteed nahin ja sakta, kyun ki UC 5% ka hai, 209.95 se upar ja hi nahin sakta, jiska matlab premium (209.95 -160) sirf 49.95 Rs ka hai. 90 ka premium laane ke liye 250 ka bhaav chahiye, jo aaj to kya, agle teen- char din bhi nahin aa sakta 😜

Bhai muje pata hai magar aap dekhlena down ane se pahele to 90 tak leke jayenge sabra karo khula hai premium se niche magar jab tak circuit hai tab tak sabra karo 260 jayega aise hi jayega

​@Chhote Lal ji mujhe lagta hai @sakarbazar don kehna chahte hai ki jabh tak 90/- per share ka profit (i.e. 250/- per sahre ka price) nahi hoga tabh tak UC marte rahega.. 😅