One way traffic uptil now, even the 20% filter could not help the stock uptil now. Hoping for a speedy recovery..
48. Modi Adani| Link| Bookmark|
November 21, 2023 8:47:31 PM
Top Contributor (600+ Posts, 200+ Likes)
Retail subscription was 25.51x time, IPO price : 108, today's price : 62 (duration 15 days) This is why i say, "Dont apply blindly to check you get allotment in SME or not."
Wishing speedy recovery to their wealth who got alloted in this.
47. Simply Vicky| Link| Bookmark|
November 17, 2023 12:08:09 PM
Top Contributor (700+ Posts, 100+ Likes)
@Logij Kumar@G profit Some movement is seen across this counter....will there be any upward movement from current price??? Plz guide...i am new in the market.
One third of invested money has lost, co. Has looted investors hard earned money....
44. G profit| Link| Bookmark|
November 13, 2023 8:31:43 AM
IPO Mentor (1200+ Posts, 300+ Likes)
This company is another classic example for not to apply on basis of only GMP. LM track record was very poor. Combination of fundamentals and good LM only wins , otherwise for exceptions.
43. NeoLongus| Link| Bookmark|
November 7, 2023 12:10:30 AM
IPO Mentor (800+ Posts, 400+ Likes)
Why do folks even apply in such companies...one look at it and it gives all the wrong signals without even digging deep.
One needs to exercise extreme restraint and selectivity in applying in SME.
Thinking that after a line of bad ipo’s, it will give 1 good Ipo like Netherlands beating South Africa.. GMP was good, Promoters I was told/ read that were good and good potential for the company. But alas, the LM track record did not change and we are stuck again..
I understand that one can get carried away at time but always look at financial profile. BS & P&L can be managed but cash flow always reveals the true picture.
Keep minting!
42. AMIT IND| Link| Bookmark|
November 6, 2023 9:50:52 AM
Top Contributor (600+ Posts, 100+ Likes)
I think everybody is busy in cello and transteel and have forgot this one
41. AMIT IND| Link| Bookmark|
November 6, 2023 9:49:22 AM
Top Contributor (600+ Posts, 100+ Likes)
@Sanchit Jain Pretty average listing from notorious LM-MM combine, especially when other listings today were top notch. Holding one out of two allotted lots.
@ultrasnow a friendly advice brother. Look at the track record of the LM of this issue. The risk is reward is just not favorable for holding. Anyways shares are yours as well as the final decision is yours. All the best !!!
The way gmp is crashing, I am glad you are still optimistic of positive listing... Gmp has crashed from 40% to 6%...that's a massive fall! Looks risky and suspicious for sure!
I applied 2 lots in HNI catogary They debited for 1 lot from my bank account. Kya HNI catogary me 2 lot ki jagah 1 lot bhi dete hain? Experts plzz reply...
Brother, The issue is subscribed 18 times, so if a person has applied 2 lots, they will allot 1 lot in the ratio of 1:9 meaning 1 person applying 2 lots will get 1 lot out of 9 people of all applying 2 lots.