Allotted 110 shares for 200 lots application Nil for 43, 30 1 lot applications
256.6. lokes| Link| Bookmark|
November 11, 2021 11:04:15 AM
IPO Guru (4400+ Posts, 5100+ Likes)
@avenue: thanks for sharing the info about those 43/30 lots. btw remember one thing whenever you are going with lesser lots (less than 50% of approx subscription) then apply in round off lots like 30 or 40 or 50 or 20 etc instead of number like 43.
@coldburger: i feel 300-350 lot should fetch 1 lot in latent, either straightforward or in lucky draw where chances should be more than 80% , (since tarsen and sapphire also there so 300 lots should be ok) and things will be more clear after sapphire subscription today, if sapphire goes with less than 10X in HNI then latent may go upto 400X also.
Got 1 allotted in lottery out of 134 lots applied. Thanks to all the Gurus, Mentors and other members of the forum for their guidance and suggestions which are helping me to learn many things. What would be the strategy to follow after listing? Whether to hold for some time or sell on listing
Did you get refund of remaining lots amount. Did the amount got unblock .
256.11. lokes| Link| Bookmark|
November 11, 2021 7:26:41 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@manoj: my amount got unblocked around 2-3pm today in idfc first bank. @ashuezy: to whom you referring? I allotted only 1 lot :) @cyberdude: leave the reason, not easy to explain reason for these HNI things or sometime later may be I will inform.
@lokes, @mvsmr, @avenue, 339 shares allotted of 65160 shares applied. π I will keep this for long term for sure. any other suggetions ?
Thanks
256.13. lokes| Link| Bookmark|
November 11, 2021 10:29:42 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@MRavi: Congrats sir. And regarding holding for long term, considering this company, after listing at more than double, it wont be cheaper as per valuations and i am not sure about future share price movement and company growth in this field so i have no idea about long term in sigachi. But in latent view company, i am sure of long term holding, that will definitely reward better in holding long term, that sector/field will be demanding going forward.
I got one lot in retail quota, and wanted to keep it for long term (minimum 3 - 5 years);
Reasons:
1. currently it is at very attractive valuation and even on doubling on listing day leaves this at reasonable price.
2. Company operating in prominent sector (pharma)
3. Peculiar type business (has more vertices, API, Pharma Excipients and food excipients) which is rare to see.
3. After few days of IPO, very less float will be available in market due to extreme small size issue, hence chances are high to see increasing trend / at least retaining the price to its potential.
4. So far, my listing day / around listing day selling practice from last 7-8 years is proven to be very bad idea. Hence, wanted to keep really long for all good IPOs hence forth. (Not all IPOs we can follow this, 95% are apply and sell type, only 3-5% are like this, and I believe Nykaa, Sigachi, Latent also fall under such long term type, we must regularly follow financial results though)
These are my personal opinions on Sigachi, any other opinions or corrections kindly advice.
@Nikhil Jethwani, I apply only one lot in every IPO. And I got TATVA (200X subscription), MTAR (150X subscription), SIGACHI (100X subscription) in same year.
It is a lottery, even with 1 lot you have same chance as someone with 10 or 20 lots.
256.18. CSK| Link| Bookmark|
November 12, 2021 7:37:23 PM
Top Contributor (300+ Posts, 500+ Likes)
Lokes and Avenue thanks for sharing the details. I applied for 50 lot and got 1. Whoever applied 50 or more got a minimum lot right? One folk is told he applied 200 lots and got 110 shares? My understanding above 50 lot is not a lottery process??
@CSK. 50 lot fetched you 1 lot may be because in sigachi , almost all are self funded hnis , and most likely majority of them wouldnt have put more than 100x lots appication. Hence more chance of getting in lottery for lesser lots.
I am sure even in latent also , all who have more than 500x lot will get 1 lot because there would be less percentage of HNIs ( funded/self funded) who would have applied more than 800 lots . Hence people will decent lot size would also get lot
255. ipobull| Link| Bookmark|
November 12, 2021 8:39:05 PM
IPO Guru (1000+ Posts, 1000+ Likes)
@Admin, Please share the GMP from your reliable sources. No matter if it varies from actual.
arjun rajkot / sonal patel / lomdi / mamu aur bhi log he regular aur sahi dete he.... 2 din se movment bahot he is liye 15 min me gmp bahot badalta he...
sigachi premium 205 buyer
255.2. ipobull| Link| Bookmark|
November 12, 2021 11:08:02 PM
IPO Guru (1000+ Posts, 1000+ Likes)
@Chalak lombi, Ya, I''m quite bullish on this stock. Thanks for the information. I would purchase it from secondary market like I purchased Nykaa in bulk @ 2030. @Arjun, Gyani baba kya kehte hain
Didt got allotment...but the mandate is still there in phonepe....applied from zerodha . How much time it will take to revoke the mandate ? Please help
Hello gurus, experts and fellow investors. Whatβs your strategy on the listing day? Allotees, are you looking to sell (partially or fully)? Non allotees, are you looking to buy?
Expecting it to list 250 -300 rs premium ( based on 200 gmp) It is good fundamental, profit making small company. Stock float is less . HNI subscription and retail subscription is good.
If available at listing price of 163+(200-250)= ~363-420, its very good to buy for 15%-20% upside to target sell price of 500~600 within a week time frame. Since T2T group, once listed it can have few upper circuits.