Most IPO's listed in September and October like Vital, phantom digital effects, silicone rental and INA etc are heavily down today due to news of Covid I think, some retailers and institution are pulling up their money for any COVID related bad news to the market.
This stock has already down 15 percent even after not so high listing of Rs 164. Looks like this stock will take few months just to cross the listing price. This is one of very few stocks in sme with stock in recent times to have such a low run in the market
Initially i was holding 1 lot but after seeing Mravi sir holding 50 lots, my total holding is 5 lots Rs 157 average..:D. Company is good no doubt but here in zerodha, the no of sellers for this stock is always double than no of buyers. Any idea when this selling pressure will ease?
One of country's largest and leading phosphorus derivatives manufacturer.PLC/SCADA operated complex, assuring quality and safe operation.Hold for lon term to obtain good reasonable returns.
Sir, bought 1 lot today in preopen on gut feeling. Holding for long. Let's see. Approx Half of total lots traded today. T2T means they will get delivered 100%.
@MRavi... Congratulations for great buy... I bought 2 lots of Vital today, 1 in pre-open @ 164, and second @ 156 I also hope this will gain strength when initial selling pressure is absorbed... Best Wishes...
All the best for those bought today or allotted. It’s pure QIB selling as per bulk deal. The company has real potential and in good sector. It was having all elements to list and go beyond 200, QIB selling spoiled as many commented here. Hope it gives great returns to those invested here.
Thanks
241.8. K.Atar| Link| Bookmark|
November 14, 2022 9:11:54 PM
IPO Guru (1000+ Posts, 700+ Likes)
@Ravi Sir, With due respect, my point of view is that due to QIBs only non allottees like me could buy otherwise it would have been off limits for economical purchaser like me.
No ill feelings but it spoilt the party of allottees.
Your assessment is right about the company and many of us have bought with that conviction.
Of 2 allotted lots of Vital Chemtech, I sold 1 lot on listing day @ Rs.165- as I needed that money. Other 1 lot, I'm going to hold for 3-4 Qtrs. Also, sold 2 lots on Insolation Energy as the half-yearly results were discouraging.
Dear all, I have added another 30 lots. Almost weeks hands (QIB's :P) exit. Hopefully strong hands captured enough lots. The results were very good and expecting even better results using ipo money in the future. Another positive is that this company can move to main board much earlier than other recent SME's, in my opinion. This is really a long term investment for those interested.
All the best for the vital investors for great returns in the near future.
@SHEKHAWAT T, Today circuit change to 20%. chances are there to get 160-165 during fluctuation. however, I feel that Friday's strong demand will take it to170+. Very good stock for long term purpose as the last results were excellent and hoping for even better results due to recent capacity expansion. All the best.
Dekho kab tak relief dete hain yeh operator. Full manipulation from last 3 days. Kal ka direction decisive hoga. They will try to manipulate preopen huyer (@164) to sell their holding @155-160. So hold tight and face the volitiliy.
237. ipo share| Link| Bookmark|
November 15, 2022 10:16:14 AM
IPO Guru (1600+ Posts, 800+ Likes)
@lokes @MRavi Sir, are you still holding Insolation Energy?
You should ask lokes his stop loss ....he in quite good in setting up stop losses....there might be one or two mistakes he may give example of but overall he sets stop losses at quite good support value.....
237.2. ipo share| Link| Bookmark|
November 15, 2022 1:35:32 PM
IPO Guru (1600+ Posts, 800+ Likes)
@lokes Sir, please suggest stoploss fir Insolation Energy. Thanks 🙏
@Takamichi Sir, thanks for your kind suggestion 🙏
237.3. lokes| Link| Bookmark|
November 17, 2022 12:06:40 AM
IPO Guru (4400+ Posts, 5100+ Likes)
@iposhare: i have sold it around 1-2 weeks back at 133 since it already gained good enough in short term and i wanted to book profit once and needed money too....results are good here but since share already moved a lot from issue price of 38 so its went down and it may consolidate here....in medium to long term, it should perform better since they will come with some new manufacturing unit also... good amount of volumes are being traded here so mostly it should not go much down....instead of keep stoploss i think you can keep for more time if you don't need money else you can have stoploss around 105 levels....
237.4. ipo share| Link| Bookmark|
November 18, 2022 12:42:42 AM
IPO Guru (1600+ Posts, 800+ Likes)
@lokes Sir, thank you very much for your lkind guidance 🙏
236.4. lokes| Link| Bookmark|
November 14, 2022 3:37:22 PM
IPO Guru (4400+ Posts, 5100+ Likes)
silicon rental already moved a lot before results so its going down even after good results....it may consolidate and later should perform again... same case with insolation energy.... Regarding kn agri, it was already struggling at these levels from many months and today also went down a lot after results were not good....
@Noorul... Similar to Vital, 1 did not get any allotment in Vedant and later bought few lots post listing. Holding all still I was also waiting for results. While a few highly rated ones have given average-poor results, Vedant looks reassuring. Best wishes for Vedant too....
@ Pankilkumar - Please take decision on your risk appetite . If allotted from IPO , you can hold it with strict stop loss .
233. lokes| Link| Bookmark|
November 13, 2022 10:30:03 PM
IPO Guru (4400+ Posts, 5100+ Likes)
this company looks good w.r.t financials, latest growth, expansion plans, management etc and may keep doing good in coming time......here issue size is big enough so atleast manipulation etc won't be easy by operators.... expected listing range can be around 190 to 200, its good buy below 180-185 around and if listing above 215-220 around then profit may be booked in preopen or after listing for short term....but anyways its looks good for holding for medium to long term....
233.1. lokes| Link| Bookmark|
November 14, 2022 9:56:23 AM
IPO Guru (4400+ Posts, 5100+ Likes)
Bad listing than expectations.... from recent ipos in last 1-2 month with good subscriptions , this one is only listed too below...main factor might be too big issue size and qib had good portion so they might be selling...and new buying is not enough... Lets see how it performs in short term...in long term it should do good in my view
@manu It is very cheap stop doing it. In every page posting whether you are right. He posts his suggestions based on his experience nothing is foolproof,just consider his effort to post in every page which many new people find it useful. If you don't Stop it i don't have any other choice than reporting you as spam.
@Lokes stock is going down since its listing, pls suggest what to do...? Can we expect upward movement in short term or it will take rime ? Pls suggest..
233.6. lokes| Link| Bookmark|
November 16, 2022 11:50:09 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@ NITEENIPO: i have just checked results now little bit. Results (first 6 months FY23) are better in comparison to last year half yearly results but not good in comparison to 25th nov to 31st march 2022 (means 4 months 5 days approx)....company was changed to public limited company then.... going forward company may post better results after utilizing ipo money....they already did capacity expansion in recent times.... @milap: can't say about short term but in medium to long term, it should perform well in my opinion, may be need to wait for next results to see growth.... if someone can't wait for longer then they can sell in little or no loss, if it comes again around 155-160 levels in short term.... As i mentioned in above first comment, here selling might be coming due to huge size and good enough portion with QIB so they might be booking profits
233.7. Kapz| Link| Bookmark|
November 17, 2022 10:59:03 AM
IPO Mentor (800+ Posts, 400+ Likes)
Quite a strange story of this IPO.. opens well below it’s GMP, doesn’t go up further, gives decent results, yet keeps going down every day.
Decent result by sabar..... Overall revenue from operations have decreased but has maintained good EPS.... In comparison to march half yearly yeraly comparable profit but jump from last September result....hope it brings some fire in the sabar shares.....as it listed at such high with respect to last year result, so from last year this year result seem to be going to better side.....
@jonshow result is not upto the mark ..... But recent slump in price is more due to panic swelling by some in anticipation of more slump in price ..... I am planning to buy 1-2 lots more once there is some good upward movement.... Hard to think of any good reason for this slump .....