@HITU QIB bhi sell kar sakte hai sirf anchor investors listing pe sell nahi kar sakte wo apne 50% share 30 din ke baad aur baki ka 50% share 90 din baad sell kar sakte hai
Dear Boarders, I got allotment of 1 Lot of SBFC and confused on what to do now. Please help with your recommendations to book profit at current levels or hold. If hold, what should be the medium-term / long term target to look for. Thanks in advance !!
902.1. Mr. Singh| Link| Bookmark|
August 16, 2023 6:56:43 PM
IPO Guru (1000+ Posts, 600+ Likes)
I am holding my allotted lot. Since its focus on MSME it may give further upside.
Look at todays volume it is more then size of issue.Total volume at nse+ Bse is 21 crore share.Size of issue was below 20 crore shares.
900. sauravk| Link| Bookmark|
August 16, 2023 5:44:03 PM
Top Contributor (200+ Posts, 400+ Likes)
Congrats to all who got SBFC allotment. Both who are holding and who sold today should be satisfied. Looking back at Yatharth, I feel if the Q1 result is decent tomorrow, it is also due for 25-30% upmove. Heard management commentary on TV and gut feeling says management is genuine and professional. Planning to buy some more.
Concord I won't even check listing tomorrow. It is long term hold.
898. RajBreaks| Link| Bookmark|
August 16, 2023 4:05:56 PM
Top Contributor (300+ Posts, 300+ Likes)
Watch Closing Closely Today... Any Closing Between (93-94) or Above Today Can Take It Between (104-105) Within One Hour After Opening Tomorrow.
**My Personal Opinion.
898.1. RajBreaks| Link| Bookmark|
August 16, 2023 4:15:51 PM
Top Contributor (300+ Posts, 300+ Likes)
Getting A Good IPO By Lottery System Now-a-Days Is Not A Joke. In fact Only Lucky Peoples Get Those. And If You Are Looking To Make Wealth From Share Market Then Keep Patience In Good Stocks For Mid Term At least.
"Some How Allotment In Retail Category In SBFC Wasn't Very Competitive. So, Who Got Allotment Can Look For Mid Term Holding."
Because Not Everyday You Will Be Lucky To Get Allotment For Good IPO.
I posted 2 times about listing at 82-83 I changed my opinion for 77-78 which did not matched the reality
Anyways currently trading around of 94 I would recommend to book 50% of holding and full profit Eg : If you were allotted one Retail application of 15k and we got 61% profit Now your total holding value Is 24150
Now book full profit of 9410 and 50% of your investment which is 7500
Hence all the remaining shares will be free and your risk is managed well
You don't lose anything even if share falls further
I want to understand this volume data.. How can traded share volume is greater than total shares issues on first day within 2-3 hours? No lock-in shares for any category? Pre-issue shares also traded from today?
Experts please explain in detail for learning purpose.
Traded Volume NSE and BSE combined 18 cr plus shares Indicative Delivery Volume up to now 10 cr approx against available quantum of 13.25 cr . Reached a high of 94.6 against UC Rate of 98.4.
Sold the allotted lot @ Rs.87/-. No regrets. What is due only will come to you. Happy with the reasonable profit. All the best to all of you. Thank you.