Sarveshwar Foods Ltd IPO Message Board (Page 11)

266. Reet | Link | Bookmark | March 16, 2018 6:07:13 AM

@ waheguru .. I didn''t cancelled 4 applications becoz I kept believing all reviews posted over here .. but didn''t expect this poorest listing .. it was the worst listing and taken away my 1.5 month salary all together , if I ll book loss .. but hv no option .. learnt lesson always go with the subscription number

266.1. Addy A | Link | Bookmark | March 16, 2018 9:13:47 AM

@ Reet bro....
You have already canceled 4 applications out of 8. So ur losses are reduced. But still remaining 4 applications r creating huge losses...
I also agreed with you, we must have to see subscription figures along with company fundamentals to reduce risk.
Hoping Sarveshwar stock will bounce back soon and u will get your investment.
All the best....

265. ~~fatehabad~~ | Link | Bookmark | March 16, 2018 9:04:36 AM

still block 2 app amount sbi banking

264. WAHEGURU | Link | Bookmark | March 16, 2018 5:04:12 AM

Reet, I sold 2 applications at RS 80 and 1 application at RS 70.50 and booked loss of RS 41000 including commission. If a company can not list its share above issue price and it goes near 20 percent down within 9 minute of listing. What can expect anybody. Why you not cancelled all applications only 4 out of 8. I am avoiding SME.

263. COMMONMAN | Link | Bookmark | March 16, 2018 12:33:36 AM

Top Contributor (300+ Posts, 200+ Likes)

Tomm Will Be Also Bad Day... LM Are 3 & Promoter are Baap Of All.

They will Corner Shares At Half Prise.
Retailers Will be Forced To Get Out At Loss. Till That Time They will Not Take Prise Up.

This is Sme Platform , Where This Thing Is Common. Its Not for Normal Retailer who Cant Absorb shock.

My Experrience Has Been Same In Univastu When I was new To Sme.

263.1. Reet | Link | Bookmark | March 16, 2018 3:37:51 AM

So what do u suggest common man to exit or wait for stock to move up .. plz advice

263.2. Reet | Link | Bookmark | March 16, 2018 4:07:58 AM

Kya yaar .. all hard earned money is going in this bad sme .. feel like exiting nd never enter in sme ipo ..

262. Umang and his ultrasonic uproar | Link | Bookmark | March 15, 2018 2:42:17 PM

IPO Guru (1300+ Posts, 800+ Likes)

I am really surprised the way L. M.''s has handled this SME. They haven''t made any attempt to sustain price at issue price.
I have seen in hindcon & angel fibres, L.M. put bulk buy order just above issue price to ensure that it won''t go below issue price.
In this case they knew that selling pressure is going to be there, then also they didn''t do anything.
I saw one bulk deal in first few minutes of listing, actually can''t confirm now, we will have to see bulk deals on nse emerge at the end of the day.

Load more comments (3 replies)

262.1. Reet | Link | Bookmark | March 15, 2018 3:21:03 PM

I agree .. no bulk deal no promotors intervention to sustain issue price . Since fundamentals are too good promotors shd intervene ... nd really LM is handling this issue to the poorest level

262.2. Kuva. | Link | Bookmark | March 15, 2018 5:28:45 PM

Umang ji ..
Where exactly we have to see for bulk deal in NSE emerge??

262.3. Mastmoula | Link | Bookmark | March 15, 2018 11:19:50 PM

It is always good for LM to let the price crack in this scenario. If they had tried to sustain issue price, they would have ended in buying 50% of issue size from money of promoters. In that cas e, promoters felt created that, they have promise me to raise Rs. 50 crore from diluting 26% and now They actually got 25 crore and 50% of shares, which They might not have thought in their qudrat dream.They (LM) sold the issue at 85/- . Cornered 15 lakh shares at VWAP of 75. Net gain of Rs. 1.50 crore in one day. Tomorrow also they will corner at least 8 lakh share around 65. Net gain of Rs. 1.60 crore (8 lakh x 20, i.e.85-65)
Issue size was Rs. 55 crore. Issue related expenses was Rs. 6.5 crore out of which at least Rs 6 crore would have been pocketed by LM and Sunidhi kind of bogus broking house cum institutional investor. Gain from arbitrage 3.10 crore in 2 days. The real looser are short term investor in the scrip.

The whole SME IPO is a game being played by duniya LM, dubious, promoters and dubious value investors. Before issue. PAT is X and after issue PAT is X/2. 90% of SME post lower PAT after IPO and erode the wealth of so called informed and sophisticated value investors.

262.4. addy A | Link | Bookmark | March 15, 2018 11:44:16 PM

@ Mastmaula....Whatever u have written seems to be sound and may be true...
If it is so then what SEBI is doing??

262.5. Umang and his ultrasonic uproar | Link | Bookmark | March 16, 2018 12:13:21 AM

IPO Guru (1300+ Posts, 800+ Likes)

@hexadecimal,
Your observation is really mind-boggling. Really shocking to know such a dirty tactics they(L. M) play to rob retail investor''s money behind the scene.

To comment on your last point about PAT. Even if I don''t take PAT of current year(half year) figure into account which may be inflated as most of L. M does this(recent example : macpower & tarachand), then on F. Y 2017 PAT of 12.81 crore, does this SME deserve such a listing??? But yes it was dismal listing we can''t do anything about it.

It is futile to invest in SME, if investors are being betrayed by L. M behind the scene.

261. Ficpl | Link | Bookmark | March 15, 2018 9:14:15 PM

Top Contributor (200+ Posts, 500+ Likes)

SUNIDHI SECURITIES & FINANCE LIMITED sold 302400 shares @ 82.6 as per the NSE bulk deal .

This time retailers are not weak hands but I feel only paid corporates who are invited because of lower subscription is the reason.

Load more comments (4 replies)

261.5. Ficpl | Link | Bookmark | March 15, 2018 11:52:40 PM

Top Contributor (200+ Posts, 500+ Likes)

I observed the same price discovery happened in Univastu limited IPO where the fundamentals are good but in listing it won''t paid out but letter it touches new high. So patient investor only make money here.

261.6. Reet | Link | Bookmark | March 16, 2018 12:11:41 AM

Hi ficpl , sinewave , ipo analyst , s patel how many lots u all hv and r u holding stock or wd sell tomorrow

260. Sinewave | Link | Bookmark | March 15, 2018 11:09:24 PM

IPO Mentor (600+ Posts, 300+ Likes)

Four LM are involved in this SME issue and didn''t made any efforts to sustain the issue price. The shocker in a good issue is really a matter of concern. Really I myself feels that all the earning of more than one year from IPO has gone in a single SME. Many IPO applied but got no allotment. Here in this issue applied two and allotted both. What a Bad-luck.

260.1. Sinewave | Link | Bookmark | March 15, 2018 11:10:36 PM

IPO Mentor (600+ Posts, 300+ Likes)

It proved that sentiments are more powerful than fundamental.

260.2. Sinewave | Link | Bookmark | March 15, 2018 11:26:27 PM

IPO Mentor (600+ Posts, 300+ Likes)

Abhi tak bhi samajh nahi aa raha he ki ..... ..
Itna bura bhi to nahi tha bhai..

259. friend | Link | Bookmark | March 15, 2018 11:15:15 PM

The listing of this IPO shows that there are too many new retail investors who have started applying sme ipos without checking the fundamentals of the company which they are applying... inspite of having alloted shares of a fundamentally very good company investors lost even upto 20% of their money on listing day... which amounts to around 27000 rs per alloted application.. I want to say that before applying any public issue one must be sure about the fundamentals of a company and must keep faith on his decision... I have been alloted 5/7 applications and I am sure that I'' ll sell these shares with some profit as this is fundamentally very good company...

258. Mayanklko | Link | Bookmark | March 15, 2018 9:33:05 PM

@Umang: Sir I had applied for serveswar food ipo. But didn''t get any lot. Today it listed on NSE but my lien amount was atill yet to be released. What to do in such case. Do anyone has same issue with their ASBA bank?

258.1. Gainer | Link | Bookmark | March 15, 2018 11:14:23 PM

Yes same problem.

257. NEMI CHAND AJMERA | Link | Bookmark | March 15, 2018 10:35:16 PM

Today out of 65 lacs issue size,10 lacs share delivered sold.It requires research regarding low participation of NII otherwise all shares of rice are flying.Nearly four month ago DP WIRE IPO had come with low participation of retailers and it had poor listing with seller pack for some time.It had been trade +_ issue price @75 for nearly two months. After that it rose to 100 levels.I had applied for it and got 6 lots.So it is need to research about sarveshwar food if all thing finds OK we need to wait for two months.

256. Kenil Shah | Link | Bookmark | March 15, 2018 9:30:14 PM

Guys, is this the right time to enter in this stock or to wait for 1-2 days more? I am new to this SME market and want to invest. Pl suggest...

255. Umang and his ultrasonic uproar | Link | Bookmark | March 15, 2018 9:16:08 PM

IPO Guru (1300+ Posts, 800+ Likes)

https://simplehai.axisdirect.in/research/reports/fundamental

Today Axis securities recommends buy on KRBL.

254. Tanuja | Link | Bookmark | March 15, 2018 9:11:18 PM

Plz sent open. Low. High nd closimg deta. Money control pe opeb ni ho rh h syd mera. Gud luck rha jo. Onlinr bid md nsdl ko cdsl ni kiya jo.app bid to hui pr accept ni huii. Bt all aloottment person. Be psitive company bjut powerful.h. 100/very soon. See on screenn. Best of luck to all

253. Reet | Link | Bookmark | March 15, 2018 7:07:34 PM

@ umang @ patel ji @ v for Vedanta @ waheguru and others my only worry is if I m holding stocks tightly for a week or so , nd no buyers are there to buy it .. I hv heard sme stocks are like that , u don''t get any buyer only after some time .. can this be the case in worst scenario.. at least we retail investors shd get rid in loss rather than loosing entire principal amt .. I m holding my stocks 4 lots .. still I hv this doubt . Plz advise .. since u all are masters

253.1. jg | Link | Bookmark | March 15, 2018 7:19:29 PM

what matters is whether u r in for short term or long term......if short term then best strategy would be to book loss and move on ...profit loss is part of game else long term(atleast 2 years) remains intact ...baki keynote is very consistent in having issues hovering below issue price for very long time so make ur call wisely

253.2. v for vendetta | Link | Bookmark | March 15, 2018 8:47:30 PM

IPO Mentor (500+ Posts, 500+ Likes)

@Reet,
Its wrong to say that there would not be volume after 1 week. You can check many SME''s listed in last one year can see trading happening there even though with a very thin volume. What has happened today is very unexpected and very baffling. I had expected a flat or plus minus 5% kind of listing but nothing sort of this. If you have no shortage of funds then you can hold for some time, I think once weak hands get out of it, it can start pulling up. Look BSE SME CRP risk management IPO for example, something can happen like that here it seems.
Our decision to recommend a subscribe was based on the principles of value investing and this company has all parameters to be considered as a good investment. I have no idea why it went for a free fall, something we are unable to understand.

252. Umang and his ultrasonic uproar | Link | Bookmark | March 15, 2018 8:37:34 PM

IPO Guru (1300+ Posts, 800+ Likes)

PRAFULLA SUBHASHCHANDRA BHAT bought :219200
DHANDA CHANAKYA ARVIND bought 200000 shares.
Both entities are associated with CKP PRODUCTS & CKP LEISURE LTD. Both are listed nse sme .Ckp products saw wild swing in today''s trade.
SUNIDHI SECURITIES & FINANCE LIMITED sold 302400 shares at 82.60

251. ~~IPOANALYSIS~~ | Link | Bookmark | March 15, 2018 7:24:30 PM

AGREE IT OR NOT BUT THIS HAS BEEN AMONG THE WORST SME IPO FIRST DAY

EVEN LESS SUBSCRIBED ISSUES HAVE DONE WELL WITHOUT NAME,

ASIT C MEHTA IS THE PERSON WHO IS WRONG HERE. BEING HIS FIRST ISSUE, HE SEEMS TO HAVE NOT EVEN MADE ANY PRICE AS ON DUTY FOR MARKET MAKER.

HOPE ASIT C MEHTA HAD A DOWNFALL NOW AND HE WILL NOW NEVER SHOW HIS FACE AGAIN TO COME UP WITH NEW IPO

Load more comments (1 replies)

251.2. Umang and his ultrasonic uproar | Link | Bookmark | March 15, 2018 8:00:16 PM

IPO Guru (1300+ Posts, 800+ Likes)

Yes you r write IPOANALYSIS. I haven''t seen such a dismal listing of even 3rd class companies like banka bioloo, Bhatia comm, kenvi jewels, lorenzini, gujarat hy spin,ashoka metcom and many others (list is long).
But here is a company who is consistently making profits from last 5 years above 5 crores & 2017 PAT is 12.81 crore, this half year profit is 7.93 crore (6 months), really deserve such listing. I haven''t seen such decent PAT in any recently listed companies excluding JASH.

Is it really sentiment that has taken it''s toll or something else??
I am really baffled to understand this. May be veteran PRABHAKARAN SIR may explain this.

251.3. v for vendetta | Link | Bookmark | March 15, 2018 8:17:49 PM

IPO Mentor (500+ Posts, 500+ Likes)

@Umang, again and again same question is coming to my mind.
I am tracking SME IPO''s since last 1 year and didn''t see such a pathetic performance even for the 3rd class companies which were barely subscribed. I am failing to understand whats going on. I must accept that It has indeed shaken my confidence.

250. Reet | Link | Bookmark | March 15, 2018 7:13:02 PM

Let''s save nd help each other to get out of this since lot size is big ..

249. Patel maulinbhai janubhai | Link | Bookmark | March 15, 2018 6:29:12 PM

Top Contributor (300+ Posts, 100+ Likes)

Umangj don''t worry.i fully supporting you.l have 8 lots out of 9.i think form allotment is major issue. Weakhand investors wash out hands.i appreciate still your confident in this co. this pain continuous 3-4 days.this the first SME handle with four L.M.but no body try to stop discount.pl. update for any news regarding company, blockdeal,& volume. don''t listing about criticism.

248. Umang and his ultrasonic uproar | Link | Bookmark | March 15, 2018 6:11:06 PM

IPO Guru (1300+ Posts, 800+ Likes)

Shares marked for delivery 71.43%.

247. ipo/sme | Link | Bookmark | March 15, 2018 6:00:11 PM

same situation i had face in crp risk management sme(as big sme as saeveshwar) as it traded below issue price for a week n now its trading around issue price.so keep calm n hold tightly