Result of Steelman poor.insolation below expectation vital stable and silicon average , varaniume suspicious.It is time to be cautious and booking profit.
I also need advice on Insolation Energy... Experts please guide
228.3. Arca| Link| Bookmark|
November 15, 2022 8:28:42 AM
(1000+ Posts, 500+ Likes)
Don't expect all newly listed companies to give excellent results just after listing. Wait for next half yearly results that is when they start utilising ipo money, some even take a year.
225.2. Takamichi| Link| Bookmark|
November 14, 2022 9:58:04 AM
IPO Mentor (800+ Posts, 700+ Likes)
Yes.... Wait for after 10 am .... If it goes up many will come out otherwise crowd would be less to accept 😅😅
225.3. lokes| Link| Bookmark|
November 14, 2022 9:58:06 AM
IPO Guru (4400+ Posts, 5100+ Likes)
I also bought 1 lot...but looking like it may go down little more in short term...lets see
225.4. Arca| Link| Bookmark|
November 14, 2022 10:01:59 AM
(1000+ Posts, 500+ Likes)
Nope both vital and archaean are at same valuation and why would anyone select ipo which lists @65% premium when he could get @25-30 premium
225.5. Takamichi| Link| Bookmark|
November 14, 2022 10:08:34 AM
IPO Mentor (800+ Posts, 700+ Likes)
@arca because it's sme ..... Big loss and big gains and limited lots ..... Only few smes are there who gets valued at their numbers, and it's one of them..... So a good buy for medium term....
225.7. Arca| Link| Bookmark|
November 14, 2022 10:17:18 AM
(1000+ Posts, 500+ Likes)
@takamichi Yeah i know small sme can do great because of limited quantity but this one had many lots so i felt it would it list 200 and go down but it listed @65% which made many buy and exit.it can go up for sure if operators buy the most, wish you all the best.
Thank you for sharing the result :) I agree YOY result looks good
Can you please share target price for this stock ( 3/6 months) ? Is it good to hold for medium to long time ( bought 2 lots today at avg price of 160 )
Agreed with @ NaveenK. I would expect the company to do very well in 1-2 years time frame.
Thanks
222. UdanKhatola🛸| Link| Bookmark|
November 14, 2022 10:32:29 AM
Top Contributor (200+ Posts, 200+ Likes)
Experts please tell what to do with vital now , I'm new to SME ipo... Please help 🙏
222.1. Takamichi| Link| Bookmark|
November 14, 2022 10:42:39 AM
IPO Mentor (800+ Posts, 700+ Likes)
Wait....its a good stock..... Show patience.... There cab be one or two LC but eventually it would show better performance.....
222.2. UdanKhatola🛸| Link| Bookmark|
November 14, 2022 12:05:06 PM
Top Contributor (200+ Posts, 200+ Likes)
Hopefully it's true 🤞
221. MehulStk| Link| Bookmark|
November 14, 2022 10:27:06 AM
Top Contributor (400+ Posts, 100+ Likes)
QIB has a spoiled party here.
221.1. Takamichi| Link| Bookmark|
November 14, 2022 11:38:55 AM
IPO Mentor (800+ Posts, 700+ Likes)
Well due to QIBs, those who didn't get allotment are getting the stock at good price.... Those having patience and are not so lucky in allotments would be happy with QIBs exiting at any lower than expected prices ..... Note:my personal view.
221.2. MehulStk| Link| Bookmark|
November 14, 2022 12:02:26 PM
Top Contributor (400+ Posts, 100+ Likes)
@Takamichi That's true, As its listed below then gmp there is scope it will regain that level, But QIB spoiled the listing for those how got the rare allotment specially Retails, Even DAPS listed batter than this. Hope the allottees keep holding it as its PF stock.
I got allotted 1 lot and will be planning to buy 1 more once the price settles and circuits open. Due to huge issue size compared to other SMEs and QIB portions this has come down. Based on earlier learnings from KN Agri, SKP Bearings where after the price got settled and weak investors exit, it made a upward journey. My suggestion is to atleast hold for 3 - 6 months if you are a short term investor.
Vital Chemtech Listing on 14th on NSE SME platform Category: Trade to trade (No netting off) ISIN: INE0L4K01016 NSE PreOpen link: https://www.nseindia.com/market-data/new-stock-exchange-listings-today Total Outstanding shares: 2,39,51,000 No of Promotor Shareholders: 7 No of Pub;ic Shareholders: 2277 holding 6399600 shares Out of which 15 FPIs/Foreign Institutions holding ~15,60,000 Lakh shares DIs holding ~10,00,000 shares Rest held by Individuals/NRIs?Domestic firms... Locked in shares : 1,93,69,500 (80.87%) Tradable unlocked shares (FF): 45,81,600 (~19%) only
All the best to the allottees...... Company looks good to hold for some time. Not selling tomorrow...
@LOKES SIR what should be the strategy for tomorrows listing of VITAL ? Please advice us and let us know what you think, eagerly waiting for your reply.
Depending on financials, gmp and subscription, good buy till 180..... Can be taken risk till 2x, beyond that would look at the buy and sell numbers( which has not been very trustworthy in recent times) .... Would put my buy order at 190 in pre-open , if it gets beyond that then won't jump into it in pre-open and would wait after 10 am to see the actual demand ....
@aavi u can post results of any stock on any page ...it's ok....people r more active on current ipo pages.....so u have done good thing to provide the info.... With phantom i hope it offsets my loss in lemerite whose result has been quite bad.....
Phantom result like varanium...this 22's half year number are very high compare to Last year full year data. So both the company should give very good return with next 6 months.
Varanium Cloud (Amount in Lakhs) ------------------------- HYE30SEP22 FY22 % Change Total Revenue 12355 3535 349.50 Net Profit 2637 840 313.93 EPS (Rs.) 41.47 15.9 260.82
Phantom Digital (Amount in Lakhs) ------------------------------------------ HYE30SEP22 FY22 % Change Total Revenue 2646 2236 118.34 Net Profit 803 490 163.88 EPS 41.68 5.45 764.77
*Please note these comparison for both companies between H1FY22 vs Last Fiscal full year data.