Company declare its march quarter result on 18 july 2024.but stock is falling incessantly after 2 circuit since listing.what should be strategy.exit before result or hold?? expert opinion plz.
@Chhote Lal ji,Tx for your input but its not viable to wait till 15 days mandate expiration date when it is a SHNI or BHNI blocked amt @APU just visit branch you won't get reply in mail this is not private bank, noone will pick up phone or number would be out of service as expected.
@Ascension I agree, we cannot always wait for the mandate to expire. Have to apply other IPOs also and as you rightly mentioned being a public sector branch, one has to visit at least once to get the work done..👍👍
@Vimal Garodia@APU@Chhote Lal@Ascension Please be guided that sbi has already made available necessary sop to branches for unblocked amount through inb asba/upi asba/branch asba/syndicate asba to resolve customer complaints within time period. Bank has taken this step to resolve the complaints obtained from various channels regarding unblocked amount. Kindly contact your branch for resolution. It is wrongful to disseminate wrong information about sbi without contacting them. Please be advised accordingly.
@Ascension You may be aware that bHNI can not be applied through UPI. I agree, one can not just wait for mandate expiry. @Vimal Garodia But also recommended ASBA in my response above. I personally have no experience of SBI bank but have never ever faced any unblocking issue with other banks once applied using UPI mode. Generally prefer using ASBA most of the times and here too never faced any funds release issues at all.
@Simply Vicky Issuing guidelines or SOPs is fine, but following the same is another aspect. Appears, lot more needs to be done at ground level by this bank as majority of issues being highlighted by so many members in this forum pertains to ... "Jaante hain inn sab ka bank kaun hai "!
@Chhote Lal ji, yes Im well aware, one can't apply HNI from UPI (1- 1.5 saal me forum ne kaafi chheje jaanne ko mili hai) I should have said only SHNI.(and for a small guy like me it's a big thing if such amout gets blocked for a fortnight) Thanks
@Simply Vicky Vicky ji, kahi aap SBI ke employee to nahi ? SBI se mail ka reply nahi aata,forget call reply I tried getting number from online,proved pointless, aur inka ground level experience me bhugat chuka hoon ,sir 15saal se account hai aur net banking me kabhi dikkat nahi hui is liye bana hua hoon.
@Vimal Garodia@APU@Ascension@Chhote Lal For your kind info, i am working at mnc and is having account(wealth sbi) with sbi. I got this information for complaint resolution procedure from my RM recently. It was my duty to pass it here as CG members. I never felt any such issue with sbi while applying ipo from inb asba/upi asba. I contact my RM if needs be. In case i presented wrong facts to you, you may confirm it from any sbi branch. I just wanted to help you all for asba unblocked amount complaint resolution.
@APU Use UCO Bank accounts for ASBA. I using this account for many years and didnt face such problem. I am also not having a lot of funds so useing same funds in rotation for back to back IPO.
@Jitendra pareek@nikhilsanklecha if you want to play safe then book partial profit tommorrow if you are short term invester. or you can keep looking at the buy and sell orders all the time and act accordingly..
GOVERNMENT FOCUS ON BUDGET IN 3 SECTOR, INFRA, POWER, RAILWAY SO INFRA IN CEMENT,METELS, CONSTRUCTION, ENGINEERING ALL STOCK FOCUS,TIGHT HOLD TILL BUDGET...VRAJ VERY CHEAP PE STOCK HOLD TIGHT...
178. Ipoaspire| Link| Bookmark|
July 3, 2024 8:47:30 PM
Top Contributor (400+ Posts, 100+ Likes)
Very good company,good price to enter.will gobe good returns in short term .it deserves atleast 10 UC atleast continuously.will add more for every dip.
Dear Ipoaspire, Current price vraj is 260/.Can enter current level, please🙏 suggest.
178.4. Ipoaspire| Link| Bookmark|
July 7, 2024 6:56:33 PM
Top Contributor (400+ Posts, 100+ Likes)
Dear Dharmendra sir ,company PE is very low ,amd it has bright future.If u dont worry about fluctuations, u can enter and stay happily . definitely this will perform good in coming days
Off topic- MVK Agro today on 20 percent upper cicuit...should we hold or make an exit...i entered at Rs. 50 whereas the IPO price was exorbitantly high at Rs. 120. Anyone tracking this share?
From my personal opinion, current upmove seems to be an operator game only to trap retailers (As nothing significant happened regarding this stock) ... Aim might be to first get the price raised using muscle power (capital) and then exit when sufficient upmove has occured.
views are personal not an advice to buy/sell/hold/exit.
@GAUTAM GOYAL I also entered@42 with multiple lots. I will advise that you may exit from it if you need money for upcoming ipos. Overall company is available at good price with working in promising sector which is also flourishing with favourable decisions from current regime. Company is also expanded with new capacity which may improve its financial in near term. In view of the above, i will suggest to hold it upto your risk appetite.
@Honey Harwani I bought 1000 shares in pre-open with strong conviction for rise in stock price for short term.
173. abc xyz| Link| Bookmark|
July 3, 2024 1:00:11 PM
IPO Guru (1300+ Posts, 1300+ Likes)
Greetings of the Day. Congratulations to the all shareholders of Vraj iron. I applied it but not lucky enough to get the allotment in Vraj. Although no regret for it.
I bought Vraj in Pre opening session @240 and now it's in upper ckt. I hope that tomorrow also the uc will be there.
172. Ascension| Link| Bookmark|
July 3, 2024 10:40:37 AM
IPO Mentor (600+ Posts, 200+ Likes)
Off topic : SBI still not released fund, how to complain and what steps can be taken
172.1. Chhote Lal| Link| Bookmark|
July 3, 2024 11:13:04 AM
IPO Mentor (5700+ Posts, 4000+ Likes)
@Ascension Ab sab jaante hain inka bank kaun hai 😜 SBI, what else ! Well, on a serious note,
Funds will get released sooner or later, but consider this humble suggesion to switch over to other bank/s to save you from frequent hassles people deal with this bank.
172.2. Ascension| Link| Bookmark|
July 3, 2024 11:25:45 AM
IPO Mentor (600+ Posts, 200+ Likes)
@Chhote Lal ji , but who's responsible ? branch I guess, Thanks for the reply thinking of moving to ICICI