This question is for all experts and senior members...is their any GMP of this Share and will this not behave like JFL life science. First sme allotment and that too in loss. Kindly guide on jFL also.
Hold jfl..... It's has reached it plateau now....selling it now won't have u in any way.....if u can find a better investment with better return in short term then that's a different case....but i don't see it going down from here much May be by 1 or 2 rs at mx..... Also tomorrow is 11th day and the t+2 mandate end....there would be good movement tomorrow..... Moreover very few r seeling at this low price..... Due to 1,2 sell in between at low price is keeping the price very low ..... There is no operator support after the listing .... There r good bulk deals too who haven't sold the stock so it can be said that the bulk deal was not just for initial gain and r here for some time and they see something in the company.....
Also as u have kept the stock even at this level so not much to think now.....u have shown the trust and it's time to just wait for some time more, it will give u r the returns
76.2. lokes| Link| Bookmark|
September 21, 2022 6:55:12 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@kapil: JFL will give returns for sure but how long it may take is the main thing....it may take some week or 1 month or some months like so many other smes which have performed later after some months suddenly any day, for some days they start running....so patience is needed here.... Varanium should list positive in my view....difficult to say about how much percentage and sustainability after that...
74. Trueinfo| Link| Bookmark|
September 20, 2022 7:17:52 AM
IPO Guru (1900+ Posts, 1700+ Likes)
Some people offering too strong negative comments raises eyebrows!!! Don't find any strong argument though. Is their anything to read between the lines?
74.1. Trueinfo| Link| Bookmark|
September 20, 2022 9:01:29 AM
IPO Guru (1900+ Posts, 1700+ Likes)
In my view, there can be broadly three reasons for such strong repeated negative comments. 1. Genuinely concerned about any loss to fellow forum members. 2. On a mission to sabotage it's success. 3. Having already deployed their available funds, are now left with no funds to invest here. 'Out of reach, Angoor Khatte' . Draw your own conclusion.
74.2. Arca| Link| Bookmark|
September 20, 2022 9:16:19 AM
(1000+ Posts, 500+ Likes)
Irrespective of the negative comments and no GMP i will apply 4-5 retails here.
@Arca All the best, I will also apply few lots here
Thanks
74.4. Arca| Link| Bookmark|
September 20, 2022 10:14:36 AM
(1000+ Posts, 500+ Likes)
@mravi sir thank you. I hope it turns out to be like ep bio or shantidoot
74.5. Amit Jaipur| Link| Bookmark|
September 20, 2022 10:36:20 AM
IPO Guru (1400+ Posts, 1400+ Likes)
I am also thinking of applying 5 retail.Thanx.
74.6. Trueinfo| Link| Bookmark|
September 20, 2022 10:49:10 AM
IPO Guru (1900+ Posts, 1700+ Likes)
I also intend to apply to target 2-3 lots here. Applied conservatively in Annapurna.
74.7. Bhav| Link| Bookmark|
September 20, 2022 11:18:36 AM
Top Contributor (400+ Posts, 100+ Likes)
@true info
You are right, compny looks good ans also sector is good,
Problem is large issue size ans low demand, In SME fundamental has minimal value in listing gain and most of people including me apply in sme for listing gain only. Thats why sentiment is negative
Even if we assume the business is genuine, Cloud business sector is down 40-50% in US market. People (new/old) have every right to post (-/+) here as long as CG team permits. This is real test for that business. If an IPO goes down with few negative comments, then it's not worth investing. If any of 3 IPOs get subscribed 15X in HNI till 2 pm, I will be first to subscribe that. Otherwise all are avoid for me.
@AnandS, I agree with your views. Overall IT sector is not doing well. Infosys, Wipro, TCS... all these big names are 40-50% down from their peaks. It's the IT sector that gets affected the most in the negative market sentiments.
Though I am inclined to apply for 1-2 lots, the current subscription levels are not encouraging. Will wait for some more time before deciding.
I don't understand why members are dependent only at subscription figures at 2.30 p.m. or so. Many expert, knowledgeable and wealthy members are there in this forum. Why decision to subscribe/avoid is not taken on the first day of the IPO. Means something missing. Many IPOs in main stream not/hardly subscribed are on the top and vice-versa. Some members giving avoid are also applying. Is it necessary to apply each and every IPO just like 'Sky is the limit.' Jo achchha lage karo.
@Shanm I haven't applied in any of the three SMEs and not going to apply. I never apply in such a big lot in any of the IPOs. Not such a crorepati to decide 'lots to be applied' to get my desired lot. Have a nice day.
@Shanm Other thing I believe in luck. No doubt luck favors the brave. In our forum you might have read posts that allotment 0/25,2/4,1/1 and so on. I have only 3 accounts and limited funds. I am a long term investor and holding shares for 10 to 20 years. Not to hold everything for long term only. It depends.
@pkraj got your point. today around 2.45pm the subscription for Maks was 6X. though I have funds, I applied only 7X to get 1 lot. but what happened, in last 10 to 12 minutes, due to more applications the subscription went to 36X.
me too believe in luck & a long-term investor. good to know about you. btw, u r from where?
@Shanm Thanks for your lovely post. 7x and 36x and if luck favors you will get an allotment. Here luck is required. I am born and raised in Delhi. Stayed In Delhi for 46 years. Now Settled in Gujarat from last 24 years. I stayed in all four cardinal of our country during last 24 years. Have a nice time.
@pkraj thanks, yes of course I have luck. Hope will get 1 lot. thanks for sharing abt you. good that you enjoyed the climates in all 4 cardinals & finally settled in fast growing state. am from TN. currently in UAE for last many years.
73. Trueinfo| Link| Bookmark|
September 21, 2022 8:22:54 AM
IPO Guru (1900+ Posts, 1700+ Likes)
GMP increased to 8. Welcome upward trend. Should go up further.
Varanium has average 5 time subscription means 36 X 5 = 180 Cr. Collected, while Marks has 26 time subscription means 26 X 4 = 104 Cr. collected. Allover Varanium has high demanded.......
71. KAPPO| Link| Bookmark|
September 20, 2022 10:32:07 PM
IPO Guru (1200+ Posts, 800+ Likes)
If any independent directors there please respond Is it worth to take director membership in independent director's data bank & write independent director exam?
@ Ravi sir, @Lokesh @ Avenue @ snipperraj, @bhav, @ noorul What is your strategy? going with all 3 SMEs or 2 or 1 or Nothing. I have enough funds. need your suggestion pls..