You should book partial profit.. today's high was 1070 and already given 80 percent premium rest you can hold for 1100 target and some shares for long term. This month is crucial for upward movement..
810.1. sahab| Link| Bookmark|
April 3, 2023 7:41:19 PM
IPO Guru (1100+ Posts, 600+ Likes)
Due to fake buyer at 70. More seller come instantaneous. After it remove buy order difference created huge cause negative listing otherwise list positive
809. PLAZA| Link| Bookmark|
April 3, 2023 7:04:55 PM
IPO Guru (2400+ Posts, 1300+ Likes)
WHAT A STRTEGY BY REGISTRAR MAS SERVICES AND OPERATOR / PROMOTER OUT OF 66 CRORE 90 % for retail and HNI rest for QIB means by paying out of pocket 10% to QIB gathered 66 crore from IPO. SEBI SHOULD BAN SUCH SMALL IPO IMMEDIATELY IN MAIN LINE TO SAFEGUARD SMAALL/ INNOCENT INVESTORS . IMO THIS COMPANY WILL DEFINATELY DIAPPEAR AFTER 2-3 years when share reached in single digit ,,
808. PLAZA| Link| Bookmark|
April 3, 2023 6:45:46 PM
IPO Guru (2400+ Posts, 1300+ Likes)
BOA clearly shows that MAXIMUM shares are allotted to SHNI/BHNI who don't have courage / Patience to keep shares for 24 hours though I am also in the same category fortunately not allotted any share but the QIB who allotted @35 are not showing interest in buying rather then selling , CAN ANY ONE HIGHLIGHT THE POINT IN HIS MANNER SO THAT WE CAN ANALYSE OTHERS VIEWS AS WELL 1. CAN QIB MANUPULATED BUT SUBSCRIPTION FIGURES SHOWS NO NEED FOR THIS. 2. GREY MARKET RESTRICTED TO 3to 5 % Hence not reliable as everyone cannot reach to grey operators . 3. this situation comes when in grey selling by operators is more then buying , 4. or any other reason
806.5. Trueinfo| Link| Bookmark|
April 3, 2023 3:36:43 PM
IPO Guru (1900+ Posts, 1700+ Likes)
@Mr.Investor, can you please reveal the lesson learnt for others benefit. What you want to do differently in future. It had good subscription and all were happy who got allotment.
@Trueinfo sir. What i learnt was not to trust gmp blindly and don't apply ff if you're not sure. I was not so sure on the company but seeing the gmp i applied ff. And even got 2 bhni allotments. I do realise that 5% loss is very normal.
Sorry for the confusion. But in morning when there was no trading in this counter till 1 pm, Money control was showing this as delisted company. I also got the heart attack 😭 because of MC.
804. svh| Link| Bookmark|
April 3, 2023 3:55:58 PM
IPO Guru (2600+ Posts, 3700+ Likes)
Saffron meant Red. UdayShivKumar InfraRed.
Saffron not able to manage mere 66 Cr. issue. Even MAS hardly manage allotment for 66 cr. issue with delay of 24 hrs.
🙏👍
803. SOAM| Link| Bookmark|
April 3, 2023 3:52:17 PM
Top Contributor (900+ Posts, 100+ Likes)
After such a poor listing, I consider myself a bit lucky to get 0/6 allotment in retail. I was reluctant to apply in BHNI as this IPO has a very large portion in retail, HNI and ultra small portion in QIB. Also, market was trading its below 200 EMA at that point. Still went for retail due to hype in GMP and low PE in comparison to its peer group. Thankfully made small profits in the past 2 main board IPOs in retail only. will skip BHNI untill market is in uptrend. This is a great learning for future IPOs. Market is supreme.
@svh bhai, Allotment aaya tha kya USK me ? If yes, rakhe ho ya bech diya ? Terrible start to the year to say the least :(
802.5. svh| Link| Bookmark|
April 3, 2023 3:43:49 PM
IPO Guru (2600+ Posts, 3700+ Likes)
@ GrayIsTheNewBlack , Yes , Allotted. Still holding. 'll wait till 1 week to cross 35. Technically after 10 buying seen at BSE & selling stagnant at NSE. Issue size : 2 CR. BSE Volume : 1200000 . NSE Volume : 2400000 till 2:40 . Disastrous listing to welcome new year :(
Yes, Same I'm also holding for now looking at the BSE buying. But, I feel it is very risky to hold. If 30 is broken on the downside, it will go down the drain very quickly.
It depends on your risk appetite and how much shares you have in your demat,, currently NSE is on UC and no buyers on BSE,, so better put a stoploss order for tomorrow,, if it hits UC on NSE, then decide accordingly and your loss will be minimum,, in case of LC on NSE,, sell try to sell it on BSE tomorrow