289. sbipo| Link| Bookmark|
August 23, 2022 10:42:48 AM
Top Contributor (400+ Posts, 100+ Likes)
@Avenue, I also know that ICICIDIRECT is worst and mailing is futile and time waste but didn't get how and why register would come into the picture, though today we can transact,but people are stuck for not being able to sell at yesterday upper freeze as today it's in lower circuit
I am still holding primarily because of not being allowed to trade on ICICIDirect and secondly feel may move up after absorbing sell of 305 lots. I will see tomorrow...
288.3. Imhilli| Link| Bookmark|
August 22, 2022 8:31:58 PM
IPO Guru (1200+ Posts, 700+ Likes)
@Avenue I have sent an email to customer care of ICICIDIRECT and threatened to close the if there is no permanent solution. This is virtually not allowing to trade on listing day. Even we can put up case against them and ask for bearing the loss.😡
I you really want to follow this, I suggest don't waste too much time in mail exchanges with icici. They are hopeless. After a few mail exchanges, register complaint at nse or sebi with all proofs of their mistake. Also the problem is that at present we are at profit / par. 49.9-50. and hopefully problem will be solved tomorrow. So where is the loss...
288.5. Rakcyt| Link| Bookmark|
September 6, 2022 7:04:46 PM
IPO Guru (1300+ Posts, 1300+ Likes)
Hi Experts I also faced this issue as orders to sell Olatech got rejected through out the day ....hardly any help from icici. Pls suggest what action do you suggest
287. PLAZA| Link| Bookmark|
August 22, 2022 3:56:35 PM
IPO Guru (2400+ Posts, 1300+ Likes)
sorry at 50
287.1. sbipo| Link| Bookmark|
August 22, 2022 7:44:45 PM
Top Contributor (400+ Posts, 100+ Likes)
@PLAZA, u can look at Ameya/Dreamfolks IMO andas far as I understand business and valuation, Thanks
287.2. PLAZA| Link| Bookmark|
August 22, 2022 9:31:55 PM
IPO Guru (2400+ Posts, 1300+ Likes)
Thanks for reply and suggestion
286. Trueinfo| Link| Bookmark|
August 22, 2022 7:59:02 PM
IPO Guru (1900+ Posts, 1700+ Likes)
Listing good but below expectations.
286.1. Trueinfo| Link| Bookmark|
August 22, 2022 8:01:24 PM
IPO Guru (1900+ Posts, 1700+ Likes)
Should have closed at UC for good performance further.
281. Venkatram| Link| Bookmark|
August 22, 2022 2:05:31 PM
Top Contributor (300+ Posts, 100+ Likes)
I think this pattern in SME listing only shows a deep downward trend. Allotees exit when presented the opportunity if needed you can buy back once the trend reverses.
ICICIDirect haa been having price range issue in recent SME IPOs. If issue price is 28 and listed at 50, ICICIDirect may still continue to show price range as 26.6 - 29.4, and nobody will be able to place any order till it is corrected.
I will check this and also suggest all ICICIDirect user to verify so that you don't face problem when we actually want to trade on listing day.
Yes already decided, indusind or idfc + Zerodha Unfortunately few linked FDs in icici, but will follow soon.👍
276.3. sbipo| Link| Bookmark|
August 21, 2022 8:06:23 PM
Top Contributor (400+ Posts, 100+ Likes)
@Avenue, I know for sure that problem would be there,but didn't get how verification by all ICICIDirect user can solve the problem of not facing this issue when we actually want to trade on listing day.
I think if same problem persists tomorrow also it won't get rectified before Tuesday, Thanks
276.4. Imhilli| Link| Bookmark|
August 21, 2022 10:41:40 PM
IPO Guru (1200+ Posts, 700+ Likes)
This may not be a persistent issue with ICICIDIRECT. Rather it might be a bug. I faced similar issue while selling/buying some scripts also. Hopefully people will be able to buy/sell in ICICIDIRECT tomorrow.
Please dont sell any share below 60. Rather buy at 45 to 55 if available. So much high subscription of 330x hni matters. Small ipo with less lots and considerably low valuations are other reason. It won't do vivo like magic but 2x opening is fair possibility too. This ipo is different from sector ipo like abcotspin, swaraj because of smaller size and gujarat based with experienced management and stable business, employee base. My gut feeling say 75-78 listing. Disclaimer: may be biased opinion as i hold 1 lot only.
All the best. Swaraj also had some gmp/Sub prior to listing but listed at par. Operator manipulation, raised cotton and material price lead to its fall. Outlook for swaraj and this sector is negative though and would improve only after Q1'23. Maybe Veekayem perform well and come example of this time it's different. (N.B.:- did not apply/ not holding/no plan to buy this one). Had exposure in swaraj from IPO, exited at 62 at rising limb (it rose to 81 before falling ~45%). Swaraj is buy for long below 40, I think.
Veekayam claim to have good clients - dmart, bombay dyeing, park avenue, peter england, myntra, trends, pantaloon, blackberry. Only around 376 lots to trade in market, there should be some good fire in this script.
@snipperraj well with such great clients no need to ask anyone not to sell.... Nobody wanna have less profit..... And all the textiles smse of last year and this year are having low pe and considerably low valuation..... Most are having a hot at their valuations.... So if the company is so good trust it.... Just like those having trust in healthy life are still holding it even if it's at its sub ipo valuation.....
273.4. lokes| Link| Bookmark|
August 22, 2022 12:24:53 AM
IPO Guru (4400+ Posts, 5100+ Likes)
@Takamichi: most people are little baised as per their holding, no big deal in that :) Either its veekayem or either its healthy life :) In healthy life page, atleast i was not much convinced regarding its future price performance after listing but i saw most people were talking so bullish as per their holdings and looks like giving consolation to each other by being optimistic when it was not performing well....
273.5. Takamichi| Link| Bookmark|
August 22, 2022 12:57:03 AM
IPO Mentor (800+ Posts, 700+ Likes)
@lokes ya we all r biased....that's innate human nature.... I just remember a guy who purchased vivo in pre-open and was literally begging on the group about what to do....he must have lost good amount in that .... So even if I have any stakes in any thing or not I just don't want any one to be too optimistic in anything so they end up loosing big in FOMO.... I know it's happening everyday....someone is making big someone is loosing big..... Still a point here and there keeps some people in check..... Moreover even if I hold something or not I won't mind being vocal on it on either side.....
273.6. Takamichi| Link| Bookmark|
August 22, 2022 1:02:06 AM
IPO Mentor (800+ Posts, 700+ Likes)
@lokes I been reading ur reviews for a long time now.... They r mostly to the point..... If I have a different stand on something it's just related to that part..... Matbhed ho sakta hai and mannbhed nahi..... Respect is always there for few of you guys who have been here since i started using the group....