48. abc xyz| Link| Bookmark|
June 9, 2023 1:57:38 PM
IPO Guru (1100+ Posts, 1100+ Likes)
Congratulations to the Exhicon family members. Today sold 1 lot @202 What a short term rally by this one 64 to 202 in just less than 45 days. This ipo was just managed to subscribed marginally and the allotment was too liberal & most of the applicants got it.
@abc xyz @ GEM PICKER ,KING VINOD,ARJUN RAJKOT... sir ur analysis is very good... kindly keep updating ur ideas , views,& input.. definitely it's helpful for all cg family....thank u very much for ur support
48.4. SSingh| Link| Bookmark|
June 11, 2023 4:31:58 PM
IPO Guru (1400+ Posts, 800+ Likes)
@abcxyz I had got 7 lots. 2 sold at ₹81.66 1 sold at ₹95.5 2 sold at ₹139.2 Now the 2 lots are left and they are ‘free lots’. I think company will do really well in long term hence no harm holding. Holding 15-20 lots in 2 more SMEs. One has started giving good returns (more than 50%) and one is bound to give good returns, currently accumulating it as it’s under consolidation. SME investment is helpful in wealth creation and is fun if done wisely. Actual SME game starts after listing. Getting allotment makes life easy, just 10%!
48.5. IPOGainers| Link| Bookmark|
June 12, 2023 1:04:57 AM
Top Contributor (500+ Posts, 100+ Likes)
@SSingh Which SME IPO is good for accumulation? Please suggest.
48.6. SSingh| Link| Bookmark|
June 12, 2023 5:19:04 AM
IPO Guru (1400+ Posts, 800+ Likes)
I don’t recommend directly. But you will get the idea very easily once you start tracking top performing SME IPO.
AI works when you train the models.. Isn’t it? Your mind will work better than AI (as it not artificial, it’s real), if you train it by spending time in analysis. Please don’t expect spoon feeding here.
CG forum is more about decrypting knowledge of senior people rather than expecting buy/sell calls from them. 😊
@Jamsait dear sir thank you very much for your kind words will share our picking on cg regularly.
48.11. SSingh| Link| Bookmark|
June 12, 2023 5:38:01 PM
IPO Guru (1400+ Posts, 800+ Likes)
@Shredder Inv I exited Chaman long ago. Not tracking Nirman. Chaman is not participating in the bull run as a lot of retailers are holding it. Not sure about fundamental changes happening in it. So can't comment much.
Company was exporting mobile handsets for last 2 years which has boosted its top and bottomline . Valuation is a bit stretched bcos of this exports business which has been stopped now . better to avoid or sell on listing , not suitable for long term investing
40.1. Palka| Link| Bookmark|
June 9, 2023 4:10:25 PM
Top Contributor (800+ Posts, 200+ Likes)
IF I APPLY 5 LOT UNDER HNI AND NII PORTION SUBSCRIBED BY 50 TIMES. IT MEANS MY CHANCES OF ALLOTMENT ARE 10%... PLEASE CORRECT ME IF I AM WRONG... THANKS
40.2. MVP| Link| Bookmark|
June 9, 2023 4:22:18 PM
IPO Guru (1300+ Posts, 1000+ Likes)
@palka no, it doesn't work like that. Also depends on how many other people apply 5 lots, and in general how people apply other number of lots. Please read BOA any past SME IPO
There are separate lotteries for different lots. In case number of applications are very high for a particular lot, chances of allotment becomes much better(it happens for applications just above 10 Laks or applications just above 2 Lakhs). In case number of applications are low for a particular lot, chances of allotment become much lower. Chances of allotment in different lots are not proportionate. It's quite complicated. please correct me if I am wrong.
40.4. Palka| Link| Bookmark|
June 9, 2023 4:50:55 PM
Top Contributor (800+ Posts, 200+ Likes)
HOW MANY MINIMUM NO. OF APPLICANTS IN ONE PARTICULAR LOT REQUIRED TO MAKE ELIGIBLE?
40.5. Palka| Link| Bookmark|
June 9, 2023 4:52:44 PM
Top Contributor (800+ Posts, 200+ Likes)
I HAVE APPLIED 72 LOTS IN JUST CONCLIDED IPO OF IKIO ... IS IT GOOD OR JUST EQUAL CHANCES OF ALLOTMENT AGAINT 68 LOTS?
I think, there is no rule for minimum number of applications. But in case, number of applications are very low for a particular lot in comparison to other lots, chances of allotment becomes negligible.
Pls enlighten me how the allotment be done in this spectrum sme ipo In case i apply 1 lot and issue is over subsribed by say 10 times then lottery. What if i apply 10 lots and issue is 10 times oversubscribed ? Will i get 1 confirm lot . Thanks
39.1. Trueinfo| Link| Bookmark|
June 9, 2023 5:28:02 AM
IPO Guru (1800+ Posts, 1700+ Likes)
10 lot application will go as NII. If subscription there is 10× , you will get 1 lot.
@RajB.MH , Zerodha is the best for OFS (as it allows bids till 3.30 pm). Upstox also good but bid cut off time is 2 pm I think. 5paisa - Really bad for buybacks/OFS and in general. So, conclusion is go with Zerodha.
@PRASOON I applied through Zerodha. Same day got information about allotment. Next day got shares in account and the very next day (after got shares in portfolio) I sold the shares.
35. Palka| Link| Bookmark|
June 8, 2023 4:40:21 PM
Top Contributor (800+ Posts, 200+ Likes)
CHANCES OF ALLOTMENT? MAY BE HIGH DUE TO BIG ISSUE .... ONE SHOULD APPLY RETAIL OR HNI... HAVING FUNDS AROUND 5 LAKH ... ONE DEMAT ONLY