FRIENDS.. I have never seen so many bumper listings (app. 250%) in my 5 years of experience in stock market. Many congratulations to those who have got allotment of this, please you guys can also share your experience. Have you ever seen such a listing, if yes, then definitely tell the name of the Company.
321. sdz| Link| Bookmark|
November 15, 2021 11:56:02 AM
IPO Guru (1200+ Posts, 500+ Likes)
Sigachi profit Rs39,667 per lot if allotted 😲👌 Super lucky guys. And Every UC will add about 3k profit from tomorrow 👏👏
Today looking at the bird in hand (Nykaa) and wishing I had run after the other bird (Sigachi) 🤣
321.3. lokes| Link| Bookmark|
November 15, 2021 12:32:12 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@sdz @ M.K : you guys didnt applied/alloted sigachi ? i distributed funds in both nykaa and sigachi and got alloted in both. @M.K: nykaa is having little bit results effect, still its above thursday closing price, dont worry, next quarter results will be good due to marriage season and it should cross 2500 in some weeks and 3K around after next quarter result, if no big market correction.
@sdz, will you think that Sigachi also will cross 1000 like paras in few days?
321.7. sdz| Link| Bookmark|
November 15, 2021 1:56:56 PM
IPO Guru (1200+ Posts, 500+ Likes)
@MK...Same here went FF with Nykaa as i had funds for 370 lots or so and ee Sigachi to do 3x than what actually it did. But I''m feeling bad for not putting even 5lk in PB than ignoring Sigachi as i dint expect it''ll do meagre 8:1 in HNI. May be if had funds for 600-700lots like earlier i would''ve saved some for PB & Sigachi.
@Noorul... You allocation diversification always worked well dude 👌(except in putting low in Zomato)
@Lokes...All the best
@mvsr...Sigachi may do 3-4 UCs but not sure when it''ll stop. I would start selling in parts from tomorrow
321.8. sdz| Link| Bookmark|
November 15, 2021 2:09:56 PM
IPO Guru (1200+ Posts, 500+ Likes)
@mvsr... Forgot to mention at the end...if i had got allotment 😜
321.9. lokes| Link| Bookmark|
November 15, 2021 2:11:23 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@sdz: i tried in all three sigachi/PB and nykaa to get minimum 1 lot and allotted everywhere. In PB, where many skipped, i allotted there more than 4 lots in HNI. In SJS, only 1 lot in retail which i sold at 540, almost no loss no profit. I skipped sapphire in HNI, lets see how that goes after listing. And you mentioned to mvsr that you will start selling in sigachi in parts from tomorrow so did you buy in preopen today ?
@lokes I applied HNI in Nykaa with full force and Sigachi retail as the Ghost of the Paras application was still in my mind and in Nykaa I could see confirmed allotment. I feel Sigachi has listed ahead of what it needs to and profit booking should be done sooner than later.
And tye regret for missing Sigachi is... That if I had know it would be such a stellar listing and low HNI, I would have skipped Nykaa... Applied Sigachi... And flipped Sigachi on UC and bought Nykaa 🤣 Hindsight is always amazing 😂
@noorul if I had know Sigachi would have a low HNI subscription, would have kept enough for 200 lots for Sigachi.
@sdz Policybazaar I applied retail.... No regret on missing out. Funds toh itne hi hai na... Kidhar kidhar apply karenge... Sigachi was in the wishlist.... Feeling a tinge of regret for that.
321.11. lokes| Link| Bookmark|
November 15, 2021 2:37:06 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@M.K: ya agree, after things are done, its easy to say we should have done this/that :) but sigachi was expecting even 200-300 only max due to funds blocked in nykaa so with 200 lots also u could have got if subscription was around 250X too.
Anyways @sdz @M.K : one more thing as i explained in latent HNI thread, that now you can remember to apply with 14 lots in cases like sigachi (where if you are applying in retail only and skipping HNI) so instead of retail, as we knew it will be too much in retail, apply in minimum HNI lot always to have much better chances of allotment with minimum funding.
Perfect Share for Operators. Operator who bought the shares today will not sell at just 15-20% of profit. So series of UC is Expected. Lucky those you bough the share at Rs 570 at opening. Enjoy the UC Ride :)
314. Krishnaji| Link| Bookmark|
November 15, 2021 11:21:58 AM
Top Contributor (400+ Posts, 200+ Likes)
Couldn''t bear it any more, Got sold all 1 lot shares at 603/- bse(cnc)in experiment. Sometimes heart takes over mind and you have to be satisfied😊 Thanks
One question.. i have is: why did the HNI subscription is just 172x for sigachi and its whoomping 890x for latent analytics? is it becos the amount is blocked in other IPO ?
311.1. lokes| Link| Bookmark|
November 15, 2021 11:07:26 AM
IPO Guru (4400+ Posts, 5100+ Likes)
ya because during sigachi time, all money was blocked in nykaa ipo
Lokes, can you please suggest strategy for Sigachi going forward? still holding one lot.
310.2. lokes| Link| Bookmark|
November 15, 2021 11:00:02 AM
IPO Guru (4400+ Posts, 5100+ Likes)
@earn: keep stop loss today above your buy price and keep stop loss daily same way above last day closing, and keep holding for 2 days atleast in UC. Whoever bought today cant sell by wednesday so till then it can be UC atleast
Which brokerage did you use? and what time did you apply for this IPO? Did you apply through net banking or ASBA?
310.5. lucky boy| Link| Bookmark|
November 16, 2021 10:42:28 AM
IPO Mentor (1300+ Posts, 400+ Likes)
muze bhi maza aa gaya,,, 40,000 RS profit
logo ko 1 high subscription ipo lagne main 2-2 saal lagte, or kisi kisi ko abhi tak mila bhi nahi hain, 10000*4 karenge toah 40,000 aisa lag raha hain 10000 ke 4 ipo mile ho...
309. lucky boy| Link| Bookmark|
November 15, 2021 10:29:06 AM
IPO Mentor (1300+ Posts, 400+ Likes)
my share not going to sold?? why? trying to sell 90 quentity but its failed... plzzzzzz help me,,,,,,,
Sir why I wasn''t able to buy it in pre open? Order was rejected as, scrip is not allowed to trade in pre open. Please tell me
306.3. lokes| Link| Bookmark|
November 15, 2021 10:22:39 AM
IPO Guru (4400+ Posts, 5100+ Likes)
@psr: keep stop loss today above your buy price and keep daily same way above last day closing, and keep holding for 2 days atleast in UC.
306.4. PSR| Link| Bookmark|
November 15, 2021 11:37:50 AM
IPO Guru (1300+ Posts, 700+ Likes)
Mr. lokes
Thank you for your advise. it is a matter of 10 shares, Not much to either gain or to lose.
306.5. PSR| Link| Bookmark|
November 15, 2021 11:43:02 AM
IPO Guru (1300+ Posts, 700+ Likes)
Mr. Rathor
Problem could be broker specific. I too faced problem with BSE, wherein my order was rejected. Further, it could be that, you must have not selected the "delivery" option while placing the order, and the order could have been routed in "day trading" category. Some of the Brokers are not even allowing Purchase Delivery orders, on the day of listing, in the pre-opening period.
I think is broker matter, may be discount broker not allowing coz I bought at upper circuit price after pre open season was over. And I always kept delivery order as I know only delivery order are allowed in T grp shares.
Below link was showing 440.10 as equilibrium price? I placed order at that price and icicidirect canceled the order
304.3. lokes| Link| Bookmark|
November 15, 2021 10:14:21 AM
IPO Guru (4400+ Posts, 5100+ Likes)
@suneel: this is after 9.45 when price was discovered in moneycontrol and zerodha...no idea about icici direct... and as I explained last time you needed to place order at upper range before 9.44am to buy at listing price, 441 was very less price, try to find where to see upper range in icici direct or without any worry put some high price randomly like 800-1000 here then it will tell you what is upper range then change to that, order will be executed at listing price only no matter how high price u keep for buy.
304.4. lokes| Link| Bookmark|
November 15, 2021 10:16:02 AM
IPO Guru (4400+ Posts, 5100+ Likes)
Yesterday I told to keep stop loss around listing price if buying at preopen to ride the UC , now it is hitting UC and may continue for some sessions.
Thanks @Lokes. I initially kept bid at 440.10 and changed to 505, as I wasn''t aware how much will be final price. Eventually order is canceled, purely my lack of knowledge.
As you said other tip, I will try to keep higher amount and ICICIdirect will give max.upper price possible. Will try 100 shares in LVA. The way Sigachi listed, I''m sure LVA goes to 20% circuit, assuming secondary market is bullish and doesn''t crash in near term
304.6. lokes| Link| Bookmark|
November 15, 2021 2:00:35 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@suneel: ya for buying in preopen, simply put even 1000 rs price in latent just for example then your broker may tell you cant put above this range etc. then use that upper range, and place your order surely by 9.43am, and dont worry, even if you put 2000 rs price to buy in preopen, your order will be executed at listing price only, same is the case in selling, even if u put sell order at 100rs still your allotted lot will be sold at listing price only.
No idea about 20% circuit etc in latent but as i said in sigachi also keep riding for upper side profits but keeping stop loss for sure above buy price to prevent losses.
In Zerodha, when you click on Market depth, there is one field called "Open Price". There you can see the latest bid price. I saw for Sigchi at 9:40 am that Open Price was 571, so I put sell order for 540.
Why I put for 540? Because if next 5 minute (9:40 to 9:45), the bidding goes down, I am okay to sell for 540. If it dont go down, anyways I will sell at 570.
So at 9:45 am, I saw my order got executed at 570 :-)
@lokes. Bro I understood your pre open market buy concept. I applied nykaa 2 lots in retail category and 2 lots sigachi in retail category but didn''t get allotment in any. If I apply in hni how many lots have to apply, to get allotment in any script. Thanks in advance.
304.10. lokes| Link| Bookmark|
November 15, 2021 11:07:05 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@velstock: please go through this link to understand hni allotment etc: https://www.chittorgarh.com/article/hni-ipo-application-guide-nii-allotment-benefits/532/
And in retail application, apply only 1 lot. Applying 2 lot wont increase your chance. 1 lot or 2 lot or 13 lot each will be having same chances in retail.
304.11. All Time High| Link| Bookmark|
November 16, 2021 10:30:18 AM
Top Contributor (200+ Posts, 100+ Likes)
@lokes Now it has hit UC @ 5%. ... Will my BUY order get executed at UC price or is it just a ''''wait in vain'''' game?
304.12. lokes| Link| Bookmark|
November 16, 2021 12:11:13 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@all time high: since it started with UC on listing day so it will continue that for 2-3 days minimum. And your order execution simply depends on when you are putting buy order and how many are traded volumes and how many buy orders are there before you. So to try buying in UC, we need to calculate UC price first ourself then we need to put order in preopen at that price at 9am exactly or even AMO orders (as soon as starts) as some brokers allows. you can read on this on internet or with your broker.
304.13. All Time High| Link| Bookmark|
November 16, 2021 1:06:48 PM
Top Contributor (200+ Posts, 100+ Likes)
@lokes Thank you! Let me try tonight @ 11:00 pm (Sharekhan - AMO)
@lokes Sir in case of latent,can we assume that open price shown at 9.43 a.m. in zerodha will be the listing price and placing limit buy order in that particular time with that open price will result a successful pre market buy order?
304.15. lokes| Link| Bookmark|
November 17, 2021 2:19:46 AM
IPO Guru (4400+ Posts, 5100+ Likes)
@ronnie: no...exact listing price will be shown at 9.45 only when all sell/buy orders will be executed. Before that any price can change anytime by any variation. So as I suggested many times keep buy price order as high as possible during preopen, your order will be executed at listing price only. I also have zerodha and I will also try to buy in preopen small quantity and will paste on latent page on listing day what price order we can put to buy.
304.16. lokes| Link| Bookmark|
November 17, 2021 2:22:33 AM
IPO Guru (4400+ Posts, 5100+ Likes)
@all time high: buying sigachi tomorrow may be risky, as it will be third upper circuit already. Remaining we don''t know when that will end, you can decide.
Dear lokes Jee, Sigachi In Lower Circuit, Please Suggest Buying Level As You Feel Good. Fundamentals Of The Company Is Good, PLease Advice Sir Jee Thanks
304.18. lokes| Link| Bookmark|
November 17, 2021 12:07:06 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@dharmendra: i feel it has run up too much, means listing was way much above issue price. i feel for fresh entry, around 450-500 price should be ok after LC opens. Else it may be risky for short term.
304.19. All Time High| Link| Bookmark|
November 17, 2021 2:10:03 PM
Top Contributor (200+ Posts, 100+ Likes)
@lokes Yes... I too thought of the same. (Why to chase a missed train?) I didn''t place BUY order yesterday (AMO).... As expected, it''s now turned to LC. Waiting for the train to arrive back to my boarding point!
Nearly 7 lakh shares volume - bought/sold today across NSE & BSE at around 600 share price. Good volumes bought today...wasn''t expecting this much buying on a lower circuit day...been told that at 600 its about 45-50x forward PE for this stock.
The whole buying is not at lower circuit. First people continued to buy higher and higher then at some price point ....some big player sold large chunk which took the price to lower circuit. Seeing LC......more and more people panicked and put started putting sell order at LC.
After LC I have seen 5L + order always in LC which has never come down today..........so most of the buying was not at LC.
@IPO Mitr - Thanks for that info. I saw it at market opening, maybe at about 9:16 or so and it was already at LC. Didn''t see the volumes or pre-opening etc. But this behavior is interesting to study for sure. Going by your info, 5 lakh shares trading hands at LC in an IPO which offered about 35 lakh shares to Retail + HNI, what would you make of it? Thanks.
Interesting thoughts on fund collection for the listing morrow - that does indicate lower volumes for morrow.
I was just doing some analysis and if one is to sell morrow which is T+2, from what was bought on Monday, and if its LC then there will be marginal loss/breakeven from IPO listing price before brokerage etc. 2 days of UC and 2 days of LC, if morrow is also LC. So basically, all the buying that happened on Monday will be in vain. But, I guess, if its LC then will fundamentally become more attractive.
Sigachi opened in LC with volume of 4000. Now after 10 mins volume is 27000. So small buying happening at LC but pending sell order increased from 3.5L to 9L (on NSE).
So.......small-small buying cannnot reverse the current trend of LCs......
304.26. lokes| Link| Bookmark|
November 24, 2021 12:57:02 PM
IPO Guru (4400+ Posts, 5100+ Likes)
today lower circuit opened in sigachi around 500 and it moved to upper circuit now. Market is also supportive now and mostly all recent shares are running.