Uniparts India Limited IPO Message Board (Page 2)

Wish you will make good money in this...
By the way.. which Demat accounts you are operating being a NRI? NRE PIS / NRO PIS or NRO non PIS?
Who is broker? and PIS charges and brokerage charges?
Can you suggest? Thanks

I m using 16 Demat accounts of my family members, relatives n friends for IPOs. I m using my old Indian individual account which i opened in 2006. So far, Not getting any problem. I have demat accounts in ZERODHA, Upstox, and Angelone for Minor.

80% retail investors and NII has exited from this stocks today. Now battle will be begun by QIB tomorrow.

@Silver line, how can you calculate that 80% are exited?? Deliverable shares qty is 31,24,756. So I think 44% approx. Exited.

@Amit Chheda
A share listed at discount and closed further down. If it was a good company it would have listed at premium. According to you if reaches 500, means further down, I think it will not be a good sign. You want to add if it goes below 500. Your decision. I have no right to say anything about this. But I think why this only ? Means nothing good is available than this one in market.
Suno sab ki karo apne man ki hi.

@ PKRAJ.

Every IPO is not only for Listing gain, nor every company is adani.

Best example was Rainbow medicare, as most of them paniced and exited.

we have to evaluate and this can be done only by observing couple of quarterly result and its price co-relation to result after it's quarterly performance.

Valuation wise its cheap at this cost, even some brokerage firms can not believe that this one listed at discount, there are many ipos with good fundamentals and good valuation listed in discount but gave good returns after some time, and still giving good returns

StockTerminator - Valuation wise it was truly cheap but still faltered. This is clearly suggestive of something that not many of us knew of. May be the revenues, profit, margin were unreal, manipulated. May be there is somthing which is soon going to happen.

The unexpected listing and subsequent behaviour of this share have put many in a precarious situation. I think listing below the price and ending with 6.75 % lower and near the lowest point of the day (with a pivot drop of 3%) is tremendous negative. In such circumstances whatever may be the perspective good or bad , early recovery is mostly a far cry.
May be it , a new game plan of the operator. Be it , it must have to surge within some days.On the contrary, if it recedes slowly without any reasonable time to time bounce , it means further pain is impending. In such circumstances ' stop loss' does not prove to be an effective tool. Better to exit at any convenient point , if the conviction level is low.
Otherwise , what @ Amit Chheda (I have great confidence in his sense) has told is reasonable. As I see , in an odd circumstance 500 (505.5 to 501.5) may be the last hope of reversal for it.
One should decide as per one's risk taking ability. Today's delivery is 47 % of retail & Nii . Nowadays, it is not indicative of anything in particular.

Disclaimer : I have three retail lots. I could not trade today as I was otherwise engaged. Once 6.75% gone , I shall wait until that level as mentioned above and may also take fresh buy at any convenient point without stop loss except in the range of 500.
Thank you all hoping for the best.

Well said I made the same observation today and mentioned it in this forum in the morning.

It was just unbelievable that around 920 when the IEP was 500 ...there were 72k shares up for sale at LC rates. Something is fishy when your allotted shares at 577 n willing to sell it at 500... I can understand orders increasing when the IEP was 575 but straight away having so many orders at 500 is something that needs to be looked upon. Another interesting observation is that the orders went to 78K from 72k for the LC in IEP rate by 945. ( not much change from the orders at 920 then), which is indicative of something wrong.

Remember All Grey Deals Settle in Pre Open....
They Try Their Best to get their bhav...

Pre open session of Uniparts was really strange .Even till 9.40 equilibrium comes down several times.This hapens rarely.
All the day was on operaters don't know but many brokers still allow short selling in preopen

One way to avoid such manipulations on listing and also in the interest of common investors is that sebi allows trading in upcoming ipo on subject to basis from the day company announced issue ptice/dates of opening of ipo. Shares if alloted will automatically be debited from the demat account just prior to the listing date. It will be somewhat like Rights Entitlement which is traded on exchange.