Hi @newgen consultancy and other senior members. I bought valiant at 171. There is UC since last 3 days. Should I hold (in case these are genuine buyers) or sell (if this is some kind of pump and dump).
That's a million dollar question, anybody's guess. Your asking this question indicates you don't intend to hold for long. In that case, if I were you, I would start booking partial profits on every UC. That way, you are in it as well as out of it. Make hay while the sun shines.
Thank you @ValueSeeker for responding. You are right, I do not intend to hold all of it for long. I hold 1000 shares, and I want to take out my principal amount.
375.3. raviagjpr| Link| Bookmark|
October 17, 2023 10:50:28 PM
Top Contributor (300+ Posts, 100+ Likes)
Does anybody have any idea after how many sessions of listing will Valiant's circuit filter change to 10 or 20%? Will it or does it change even if it is hitting 5% UC daily? Earlier it used to be 10 sessions or 10 days, if I remember correctly.
@newgen consultancy Thanks a lot sir. Ur guidence help me a lot in applying for this ipo and selling is well. Keep the good work. One query is on greenpanel. Should I hold or sell? I m investor
GMR infra PCBL Associated Alcohols Sula vineyards Dreamfolks EID Parry Avantel Devyani international VBL VST Tillers Raymond Marathon Realty JG Chemicals ( If IPO comes ) Goodyear Tyre
Hope you are satisfied All of these are extreme quality stocks and poised to give 20 % + returns in next 2-3 months
Congrats @Tejas Pandya bhai. I too sold 1221 at 170.25 to recover cost plus, leaving 250 shares at 0 cost.
Today I figured out that Kotak Sec does not allow to put orders even at 9:58am, that is even after the rate had settled and normal market was about to begin. This can be very risky especially in SME IPOs.
364.6. PeterEngland| Link| Bookmark|
October 6, 2023 12:00:17 PM
Top Contributor (300+ Posts, 100+ Likes)
@Tejas Pandya@ValueSeeker bhailog, is it advisable to take exit today? Allotted 1 retails lot and sold 50% at UC and still holding remaining 50% for Monday's UC 😛
@PeterEngland ji Please don't be offended with my line of argument.
You sold 50% meaning let's say 55 shares at UC today, and you plan to sell balance 50 at Monday's UC (at 178.75 if today's circuit sustains). So, you are basically taking a risk that today's circuit sustains and getting Rs 425 more than what you would get by selling today at 170.25. If you this risk is worth it then hold, otherwise sell today.
TEJAS BHAI , HOW MANY APPLICATIONS YOU HAD APPLIED HERE AND HOW MANY LOTS IN EACH OF THEM - IF YOU CAN SUGGEST / ADVICE I HAVE APPLIED ONLY 15000 ( 5 aPPLICAITONS)
364.13. PeterEngland| Link| Bookmark|
October 9, 2023 10:28:36 AM
Top Contributor (300+ Posts, 100+ Likes)
Update: Had decided to hold 50% quantity on Friday and have sold the same in pre-open today for 170.50 (25 paisa more than Friday's UC) so thanks everyone for your valuable advice, rare case where all suggestions are correct. @VVIIPP sir advised accurately about risk of holding till Monday might not worth it. @Tejas Pandya bhai advised to hold as there might be some gains on Monday which also proved correct. And @Avinash loyal sir are right too as I don't think I made any gains after DP charges for two CDSL transactions 👌😃.
I tested my mother account for the very same purpose in Sai Silks ( Kalamandir ) IPO where Retail was not even Subscribed 1 time in retail and got allotment without any problem @Sharjeel sir.
@newgen consultancy@PLAZA@Tejas Pandya Sir, I bought some shares in pre open at 162.15 but not able to sell today itself on Upstox as it comes under T group. Do i need to wait till tomorrow to sell ?
@PLAZA I think it is not allowed in Zerodha even after 1:30 PM. It will go under buy today sell tomorrow category, which Zerodha doesn't allow but if any other broker allows this for the T group stocks, please enlighten us.
360.5. PLAZA| Link| Bookmark|
October 7, 2023 10:00:41 PM
IPO Guru (2400+ Posts, 1300+ Likes)
@ervrsn Yes once the settlement completed and shares received and credited In your demat then only u can sale and hope this process will complete before 2 pm
@Tejas Pandya@PLAZA Sir, I purchased shares on friday, but still today on monday, shares are not showing up in Holdings, broker saying wait for 1 more day .
Hi i had applied for SHNI cat in valiant IPO thru SBI netbanking, amount was also blocked successfully from my account but when i tried to check in LINKIN TIME it shows no record found. May be this is on part of SBI that my bid is not placed . How can i claim compensation from SBI? as i had done everything correct . I found out on net the formula of compensation. Comp=(List price-issue price) x No of shares that would have been allotted if bid was successful x probability of allotment of shares determined on the basis of allotment. can somebody help out ?
@newgen consultancy Sir here total share offered is 10890000 now if we remove anchor portion 10890000-3266970= 7623030 Now almost 33 lakh shares traded till now and intraday cannot be done so if suppose till EOD 50-55 lakh shares are traded then it is a positive or negative or it does not have any effect on stock price
@Jetha Lal Sir please throw some light based on your experience
358.6. MuStrFc| Link| Bookmark|
October 6, 2023 1:24:24 PM
IPO Guru (3000+ Posts, 2400+ Likes)
@A prem If out of 7623030. around 50-55 lakh shares are traded at EOD, its significance is less because in that shares did not change portfolio. What matters at EOD is the delivery percentage compared to total free float available for trading. If that is on the higher side, then we can expect in theory that HNI, DII are willing to hold and waiting for price appreciation. Because of T2T both traded shares percentage and delivery percentage can be expected to be on the lower side. Rest, our respected @Jetha Lal sir can guide more and correct me if my contention here is lacking some clarity.
357. RPSM| Link| Bookmark|
October 6, 2023 8:15:23 AM
Top Contributor (200+ Posts, 100+ Likes)
Seems, it will list @ 178-180 5% Circuit Opens @ whatever the price and Locked in UC for sure