Sigachi Industries Limited IPO Message Board (Page 5)

What price you expecting to buy at pre listing or after listing as Latent likely to list near 650 and may zoom to 780 quickly seems

SIR I am a newbie.As per my limited knowledge,I think latent may list above (GMP+UPPER BID PRICE).But I am more interested in post listing buying of Sigachi because of three reasons
1)It is attached to pharma sector and also other sectors.
2)It is dearly priced compared to latent though business sector is different.
3)It has no listed peers till date whereas latent has one.

@ronnie.. latent is definately better than sigachi for long term but for short term of a week timeframe, sigachi is better because it is less stock float, T2T , price movement will be initially upwards with few possible UC, it will open at 400 arnd and have more scope of going till 600-700 in 10 days. While latent will open at 500 plus which may have less further uprise and may also reach 700.
if i have to choose between sigachi or latent at preopen listing day buy for short term view of week, i would prefer sigachi more.
For mid or long term, latent is anytime preferred more.

@snipperRaj Thank you sir for your valuable suggestion.I have studied the price movement of paras defence today.I saw that the real downfall started(after reaching all time high)1 week prior to 30 days lockin period for qib.For sigachi only,Should I wait till a 3rd week after listing or should I exit when RSI crosses 90 or more?

Bro
Do u apply direct or 3rd party application

All accounts are in ICICI direct.

I simply follow these rules.

1. Create Multiple accounts continuously every month
2. Apply IPO in between 12 to 3 PM.

You should also buy lottery

Nykaa 0/11
Sigachi 0/11

Luck 100%

BRO U RE GREAT

in just 2 days

then buy in fino payments bank also na

hr godha ek jaisa nhi hota speed differs bhaishab

The pleasure of allotmene in high subscribed issu is different no one want to miss it. Money dosent matter there are many ways to earn it but u cant buy pleasure.

if you have money of 1000 lots cash on ipo 3rd day. What is sure shot way of getting return of 1% of in 10 days. It is through ipo application. Earning 1.5 lakh in 10 days is good right. Nykka gave sure shot way of earning close to 1% in 10 days. After listing it is secondary market, you dont know what can happen to stock.

@ipobull: You will definitely understand this when you will have this 20-30 lakh in your bank, then come and tell us which share you are buying 100 lots after listing. Giving gyan for others money is very easy.
And after listing, I mean after shares price movement in secondary market, anyone can say that, we would have done this, would have done that, but now can you predict 100% guaranteed for any share movement after listing or in secondary market? If yes, then try to put once all your big money in single share in secondary market, then you will come to know.

Ek script me profit dusre me loss tisre me profit 4th me loss bas yahi karte rahena lifetime

@lokes,
U have explained correctly,its not so easy what ipobull thinks,when u have 20-30 lakhs in your bank account u can''t just gamble like casino as the bank balance brings greater responsibility to retain the asset as well as taking moderate calcuted risk,nobody can jist blindly bet on
what would be the nature of the movement of the listed security in daily as no technical chart would be formed. In hindsight,we can say had I done this that would have happened, had I bought Paras post listing I would have become crorepati bla bla bla,but reality is different.
BTW,can u suggest any strategy in Sigachi post listing,should we buy some quantity according to risk appetite depending on listing price pre-open or let go,I have not been alloted any,
Thanks

@all respondents,
1. I never put nor would advise anyone to put all eggs in one basket. If I would prefer to put my 30 lakhs in 5-6 stocks and not one stock. Like I bought Happiest Minds @ 300 and exited @ around 1500; put money in East Trip @ 190 and exited @ 700. I have put in Nykaa @ 2030 and would exit @ around 3800, put money in Gland @ 1800 and exited @ 3800; Laxmi Org @ 220 and exited @ 600 and the list goes on. So, you know about the company by its financials, subscription levels & popularity/ x- factor. Once the stock becomes tired or the financials become flat, exit it. This is my fundamental approach, you like it or not.
2. I do not put money in every tom, dick & harry. I did not apply for Fino, SJS, Paytm, Sapphire. Would not apply in Mobikwick either. Many of the experts like Arjun bhai, Monster, MKR, Ankitef also give you some indicative ideas.
3. I am interested in Sigachi & Latent; shall purchase them from secondary market. If Sigachi is available @ around 350-400, I will pounce upon it. Latent, I will tell you later.
4. If one thinks that pleasure is there with just one lot, I don''t agree. We can have pleasure in number of other ways.
5. Finally, its your hard earned money, Suno sabki karo apni.
Hope I have answered everyone.

@Lokes, Same question from me also regarding Sigachi.

Can we buy in Preopen at upper band? Also, it may goto 5% circuit

@ipobull - Bro I can only say that you are saying so coz you have got the sixth sense of secondary market based on the short term gains you have listed. Unfortunately not everyone is so lucky time the market. I believe most members doing ipo round also have secondary market portfolio. I request you to share your guidance on secondary market message board so we can benefit That page has deserted look, I more inclined for secondary market

@ipobull: Again you are giving all examples from past (that has happened already) so which are very easy to give but hard to believe since you informed all +ve that too mostly near upper range selling, and no loss deals ? And if you are making money like this always in market, congrats soon you may become next jhunjhunwala :) And mostly your examples are from last last one year bull run, cant say these will repeat for other shares in future in same way. Lot depends on market too. Anyways I am also holding tatva-chintan/clean-science/laxmi/zomato/nazara/nykaa from ipo issue price till now with more than 100% gains in each. And you please share/inform your buying/selling same day here also. We will also note and buy/sell along with you if convinced.

@suneel @sbipo : In sigachi, if anyone buying in preopen, then keep track of price movement soon after listing and have some stop loss set above LC price or near buying price, to save from LC if price going down, and then if its hitting UC, keep riding for 2-3 days before selling. Better to book profit in short term here, since it may take too long to give good returns from these listing day prices. I will not take risk and will sell my allotted 1 lot after listing in some days if its hitting UC or else same day on listing, keeping listing price as stop loss on listing day. I have little fear of LC also here since subscription was not so great but gmp is great and people may rush to book profit after bumper listing.
In nykaa i suggested it will move good in some days and it touched 2400 on friday and nykaa is good anyways for medium to long term too.

I will sale 10 share out of 90 every day

Thanks @Lokes for your suggestion.
Will buy 50 shares to reduce the risk and will follow strategies as you suggested regarding LC and UC.

Thanks again

@lokes,
Nice to know you have good shares in hand. But you may think of selling Clean Science as its financials have become flat, not generating much growth. Regarding future stocks, I will buy Sigachi tomorrow depending on the price if its around 350. Regarding others, Latent, Tarson and Adani Wilmar look very good. In Secondary market, Devyani International, Delta Corp, GR Infra, Sansera, Nykaa, etc. will give good returns. And Yes Bank is a dark horse. See its movement after another 2 quarters.

@Cold Burger,
I do not have sixth sense. But I see the financial performance and momentum in the stock. Sometimes I sell and buy with a higher stoploss @ just over resistance levels. This is my fundamental approach. But remember some good IPOs like Mrs. Bectors'' which are not popular names are forgotten.

@ipobull: thanks...keep sharing you buy/sell here also if possible when you execute. Anyways i am having devyani/sansera also with me and yes bank too. In above post i just mentioned those shares having more than 100% profit and having many other shares also in my portfolio in secondary market where many are in profits and some are in loss also. And for clean science i will wait for now, will sell around/above 2500. latent i will buy from preopening if not allotted and will decide to go short/long term as per share price movement after listing.