It is expected to bounce back. Have you sold? The volume was quite high as compared to yesterday.
229.2. SJogi| Link| Bookmark|
March 9, 2023 8:28:47 PM
IPO Guru (1100+ Posts, 900+ Likes)
will suggest you to sell it now or hold it for long term, as ipo size was big and many have bought at upper circuit , and now as share was in LC for 2 sessions , everyone is scared and will try to sell in panic. will buy it when it comes down below ipo price.
229.3. Ipoaspire| Link| Bookmark|
March 10, 2023 8:05:26 AM
Top Contributor (400+ Posts, 100+ Likes)
No need to sell..hardly another 1 lc is expected,i don't think so it will move further down..the company is very good.hold for 6 months.it will give fabulous returns.no listed peers.fundamentals are stronger.dpnt worry about short term fluctuations.
Still holding one lot since listing...should I hold or time to exit now?
227.2. Ipoaspire| Link| Bookmark|
March 8, 2023 8:43:55 PM
Top Contributor (400+ Posts, 100+ Likes)
Bought 2 lots today....company is very good.. fundamentals are much stronger than recently listed sme . fluctuations will be temporary...the company has no listed peers... expecting it to cross 400 levels after next results...let's see
227.3. SJogi| Link| Bookmark|
March 8, 2023 11:20:58 PM
IPO Guru (1100+ Posts, 900+ Likes)
will buy if it comes near 220 level.
226. Ipoaspire| Link| Bookmark|
March 3, 2023 7:48:35 AM
Top Contributor (400+ Posts, 100+ Likes)
another uc may be expected but i feel QIB will start selling from Monday . retailers be careful .i m not against its fundamentals but as seen in many sme QIB are not long term holders ,they book even a profit of 10 to 20 %and move to other especially in these days when market is not stable.rest is ur decision
226.1. Ipoaspire| Link| Bookmark|
March 3, 2023 10:00:37 AM
Top Contributor (400+ Posts, 100+ Likes)
Definitely this is a good company and its fundamentals are much stronger than recent sme including all e tech ,earth etc and doesn't have any listed peers who is a huge advantage for it...but only concern is QIB.
Retail- can buy/sell at day . No lock in. QIB- Only hose QIB which are NOT qualified as Anchor can sell on listing day. Anchor - CANNOT sell due to 1 month lock-in.
So best approach is to wait...at least 1 month for price discovery if someone wants to enter SME IPO. Better would be wait for 6 month..as Anchor may exit another 50% after 6 months. as well.
But where there is fixed price band, there is NO ANCHOR no QIB... only retail/HNI..both can buy /sell any time..
PLEASE EXPERT CONFIRMATION Needed.
224. Kapz| Link| Bookmark|
March 2, 2023 9:36:48 AM
IPO Mentor (800+ Posts, 400+ Likes)
Bulk deals from yesterday- AMARCHAND GOUTAMCHAND BAID Bulk Purchase 01 Mar 2023 225 60,000 BSE ANILKUMAR Bulk Purchase 01 Mar 2023 233.06 61,200 BSE RAJASTHAN GLOBAL SECURITIES PRIVATE LIMITED Bulk Sell 01 Mar 2023 232.81 208,200 BSE
01 Mar 2023 RAJASTHAN GLOBAL SECURITIES PRIVATE LIMITED S 208200 232.81 01 Mar 2023 AMARCHAND GOUTAMCHAND BAID P 60000 225.00 01 Mar 2023 ANILKUMAR P 61200 233.06
@Arvind please read my model results(early comments).Clearly mentioned it's multibaggar
221.3. SONMAYA| Link| Bookmark|
March 2, 2023 10:01:51 AM
IPO Guru (1300+ Posts, 500+ Likes)
I think you will HOLD TIGHTLY... IT WILL DEFINITELY GOING TO PAY OFF. FEAR OF QUIB SELLING PRESSURE NOW ALMOST GONE.THOSE WHO R HOLDING CAN NOW HOLD THIS GEM
221.4. arvindarvind| Link| Bookmark|
March 2, 2023 10:10:59 AM
Top Contributor (1000+ Posts, 200+ Likes)
Holding tightly One multibager having 5 fold returns will compensate 20 bad stock in portfolio
Holding tightly 1 lot. No plans to sell before 380-400
220. lokes| Link| Bookmark|
March 1, 2023 1:41:02 PM
IPO Guru (4400+ Posts, 5100+ Likes)
Holding my allotted 1 lot here....hopefully circuit may continue for 1-2 more days, a lot depends on QIB as they have huge portion with them, most of the retailers have sold already....
I feel history is repeating how ambo,pritika went down and gargi ,drona went up. Like that Earth and chaman went down this time probably seal may hit ucs if qib bought all shares. Have to check today's bulk deal. If it hits back to back ucs, then Earth and chaman may fall till ipo price and again comeback to listing price
Recently all ipo pages are closed for messages after 30/ 45days of listing or next month closing don't know exactly.
220.4. lokes| Link| Bookmark|
March 1, 2023 2:45:56 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@imhilli: i was holding 1 lot in chaman which was allotted in ipo with patience till now, but today i sold it at 47 rs after seeing it going down continuously, didn't wanted to repeat vital chemical thing...
@arca: i sold my vital at 106 , sold jfl at 44....still holding dronacharya 1 lot bought during listing....sold ambo after listing at 39.5
@Imhill After perticular time (since listing ) messaging are not allowed for each & every ipo Admin close the discussion chat I have also opened chaman chat today for posting below update but it was already closed
Air cooled condenser banane ka order diya he Ahmedabad ki ek company ko jiske usa se plant efficiency badhegi pr vo aane me time lagega
Matlab kul milkar ye long term investor kr liye he update
Ye patal ki gehrahiyo tak jaana kab band krega pata nahi😅
At the time of listing itself i felt vital will go down because same industry mainboard company ACI was available at low valuation whereas this one listed @ 50-60% premium. Now vital seems like good entry but will wait till March results of all companies, if it is very bad then recession is definitely coming. Stock market would go down atleast 10%. All good Sme would be available at throw away prices at that time. Prefer debt free companies now if it all you prefer to invest , all interest rate increases and loss of revenue makes earnings negative. Even now some debt ridden companies are at very cheap price. Ambo and pritika were the worst loss for me in short time.
Vital group has many businesses. They made chemtech (phosphorus business, commodity chemical) public. Other businesses like speciality chemicals and neutraceticals are still private. Had they made whole business public, it had outshined. I made entry in preopen but luckily made exit with nominal gain after averaging. Promotors don't care much, they have other businesses to run.
It is really painful 🥲 to see IPOs going up when you don't buy (sealmatic)or after selling (Gayatri).
Good luck to all holding. Fundamentally good stock but be careful don't add more than 1 lot if you are a new comer or haven't earned profit in sme yet.
This is one of the Good IPO I have seen in the recent past. Just created unwanted pressure in the pre-opening to create panic selling. This Company financials are good & as per my understanding this company is a preferred partner for the critical products manufactured by it. Why people have sold in the morning such a low price. I have applied in this share & couldn't get the allotment. Therefore I purchased in pre-opening session at Rs.225/-. Even I was ready to buy upto Rs.250/- Planning to hold for at least for Three months for good gains. I think this may go like Varanium Cloud IPO way. Varanium IPO price Rs.122/-, it opened at a less premium of Rs.131/- but touched intraday of Rs.124.45, infact subscription was also very less. But later stock went till 1602. Another one example "Cool Caps" IPO price Rs.38/-, it opened below IPO price at Rs.35.90 and even it closed on listing day below the IPO price, but it later went upto Rs.548/-. We should not expect all the SME IPOs should open with good premium. Please don't apply same formula for all the SME IPOs and don't spread unnecessary negative rumors. Mr.Dilip Devda will not give his recommendation as "Apply" unless if it is a good IPO. This is just my analysis. You may take your own call for purchasing the shares.
Dont think, the settlement takes place after the market on T+1.
216.2. Earthking| Link| Bookmark|
March 2, 2023 9:24:27 AM
IPO Guru (1300+ Posts, 500+ Likes)
i tried selling today the shares bought yesterday in preopen ...it got executed... thought it will throw error so confidently placed sell order... T+1 works ...
216.3. Sprint| Link| Bookmark|
March 2, 2023 9:34:03 AM
(200+ Posts, 100+ Likes)
which broker it is? Generally Zerodha cleary saying eventhough T+1, we shall wait until depositing the shares in the demat account.
214. Earthking| Link| Bookmark|
March 1, 2023 12:08:47 PM
IPO Guru (1300+ Posts, 500+ Likes)
Sealmatic listing today reminds me of Adani Wilmar listing... In wilmar pre open huge panic is created and i sold all my alloted shares at just 2% profit ,then it had three continous upper circuits(20%) ... though i am not saying sealmatic will have three upper circuits but the panic created in pre open made many good investors who got allotted(we all know how diff to get allotment in good SME ipo) to exit once it opened in +ve territory with meagre or no profit...
Pathetic listing. There was GMP running till last night, fundamentals are strong.. but again big issue size prove to be a villan. I took exit.. SME sentiments are already on worse side.
212.1. Kapz| Link| Bookmark|
March 1, 2023 10:22:13 AM
IPO Mentor (800+ Posts, 400+ Likes)
@Noorul, given the exploratory price continuously stayed at or above IPO price, I suppose flat listing was perhaps a blessing in disguise. As you said, fundamentals are strong, so perhaps should have held a bit longer to your conviction. I think it may see an upward trajectory just because it has now allowed “investors” to accumulate much more than IPO allotment would have given.
212.2. PLAZA| Link| Bookmark|
March 1, 2023 10:37:47 AM
IPO Guru (2400+ Posts, 1300+ Likes)
AISA CHAMN MEIN BHI HUA THA . RESULT IS SHOWING PRICE OF CHAMAN
212.3. Kapz| Link| Bookmark|
March 1, 2023 11:17:45 AM
IPO Mentor (800+ Posts, 400+ Likes)
@plaza, Chaman opened at 68, against IPO price of 38 i.e. 79% premium..where as Sealmatic opened flat… so it’s not the same.
212.4. PLAZA| Link| Bookmark|
March 1, 2023 12:06:30 PM
IPO Guru (2400+ Posts, 1300+ Likes)
@Kapz Absolute correct everyone had chance to quit in chaman but my reply for the whole where fundamentals are good LM is good but with no interest of public ,
211.1. ipo share| Link| Bookmark|
March 1, 2023 11:41:13 AM
IPO Guru (1600+ Posts, 800+ Likes)
@IPOJoker Blessing in disguise for you. This is what is called as luck 😀👍 I sold in preopen at IPO price itself. Have to bear brokerage from own pocket.