Lokes ...I am also lucky to get 1/3. Is there any strategy in mind for listing? For me, I do not think this is a long term hold, unless otherwise advised. For info, I further added on to Nykaa today also @ 2070 taking the holding to 125. Please advise...
548.2. Krishnaji| Link| Bookmark|
November 23, 2021 10:36:42 PM
Top Contributor (400+ Posts, 200+ Likes)
Krishnaji ... Thank you, even if the message is for Lokes. If it is for me, do you have a call on Nykaa .... If so, would love to hear that ...
548.4. lokes| Link| Bookmark|
November 23, 2021 11:06:46 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@Krishnaji : thanks :) @andi: No mood for holding it, i will sell in preopen or on listing day and will book profit. GLS, from same sector, already struggling well below issue price. No matter how this tarsons will perform in future, i will sell this on listing day. btw you are brave that adding so many of nykaa, wish you good luck, i am just holding from ipo allotment :)
Lokes ... Somehow I feel a great confidence in Nykaa. In the past, I had only applied twice in NII category .... both under subscribed ones ....3 applications each in HDFC Life and Sona BLW ...they worked wonders ....still holding. Somehow getting a similar vibe about Nykaa.
Lokes ... QIB almost 116x. Would you still be selling on pre open / listing day ?
548.7. lokes| Link| Bookmark|
November 24, 2021 12:10:24 AM
IPO Guru (4400+ Posts, 5100+ Likes)
@andi: i was also confident in nykaa, but its about funds also, means i don''t buy usually so much in one stock other than for buybacks purpose. Don''t have so much funds to put in so many stocks and keep holding for longer.
And ya whatever is QIB/HNI, i wont hold both tarsons and gocolours, will sell on listing or probably in some days max. Normally most shares go down after listing or after some days and here i don''t want to take risk even for longer duration. Even GLS and krsnaa etc also had good subscriptions in QIB/HNI (agree lesser than these but still good) and both are struggling, at least i wont take any risk here, anyone can decide as per their opinion and risk capacity.
548.8. sdz| Link| Bookmark|
November 24, 2021 8:55:14 AM
IPO Guru (1200+ Posts, 500+ Likes)
Got 1 lot from 129 lot HNI application. Hope listing above 800 😀
Got 2/5. What should be the strategy on listing? Thank you.
548.17. lokes| Link| Bookmark|
November 25, 2021 6:22:04 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@Amateur Investor : I have explained in this thread in above two messages my strategy for tarsons allotted shares. Anyone can decide as per their opinion/risk i will do as said above.
I am thinking to buy ITC and/or HDFC life for long term for some lumpsum amount at current level. What are your views on these scripts.
Everyone''s views will be appreciated. Thanks
544.1. lokes| Link| Bookmark|
November 25, 2021 4:06:41 PM
IPO Guru (4400+ Posts, 5100+ Likes)
From my opinion, Big NO for ITC for long term, i am tracking it for more than 5 years. Its a very less movement share and no appreciation in long term, even its a wealth destroyer in long term like coal india and many other PSU''s. Hdfc life is good to accumulate at current levels.
Bhai log Tarsons is a good quality company in a good sector.LT track record is very strong,while valuations were a bit on the higher side we''ve seen how Tattva Chintan,MTAR,etc. have done.I think this one can see good buying interest post listing as well.
Baaki dekhte hain,bhaav bhagwan che.If listing is tepid and stock doesn''t take off after few hours,might unload.
@pawle chalak lomdi ne paisa lagaya he ese kese discount hone de..!! " AHEM BRHAMA SAMIiii.... " Ashwathama he apun.... aapka luck kitna bhi kharab ho humare sath sudhar jayega..
For this IPO, since gocolors was also coming and latent money was blocked, Bajaj Finance quoted me an outrageous 13.5% interest for 7 days... So for 1 crore, interest would have been 26k and number of shares allotted would have been 84 and hence cost would have been above 300... I directly said no after hearing the interest rate...
Interest rate is never constant at 6% or 7% or 8% or 10%.. It varies according to market conditions and how greedy NBFCs are... Bajaj Finance is one of the greediest NBFC and wherever they smell they can earn more, they will never leave a chance
@ipo_stonks did they change the rate again? I have the calculation mail that they send and in that, the interest is charged at 52000 for 2 Crore or 26000 for 1 Crore?
even chittorgarh ne uper HNI costing aur GMP ka rakha he.. aur sath me comment history me HNI thread karke logo ne kiya he so people can go there and check.
529.15. lokes| Link| Bookmark|
November 24, 2021 6:50:47 PM
IPO Guru (4400+ Posts, 5100+ Likes)
interest cost simply depends on at how much interest rate, loan is taken for funding, these days everyone giving starting from 8.5% so it can be anything from 200 to 230 per share. Anyways i am not in ipo funding. I apply with my own funds only. We all can just hope that lets market be stable till listing. It can list around/above 900 rs.
5000 per lot is too high expectation and 5000 total for 3 lots is too low... 😁😁
529.18. lokes| Link| Bookmark|
November 24, 2021 11:14:20 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@iamnimitshah : ya from july, interest rates has increased due to ipo rush and some good listings and it depends on particular ipo too, previously it used to around 7.5%-8% when eagleeye used to keep posting, now a days 8.5% was minimum, that too in some less popular ipos. Anyways you will be having more knowledge in this since you already keep taking ipo funding, btw do you try contacting/knowing rates from multiple NBFC''s or from 1-2 only ?
And i feel 5K per lot profit is not high expectation in tarsons, listing can be around/above 900 rs, remaining lets see market conditions also tomorrow and on friday.
529.19. JIgar A| Link| Bookmark|
November 25, 2021 8:49:02 AM
Top Contributor (400+ Posts, 300+ Likes)
@iamnimitshah Per lot.
529.20. krupa| Link| Bookmark|
November 25, 2021 9:38:43 AM
(800+ Posts, 500+ Likes)