Thanks @rohiitian and Congrats to you too 🎉 I feel this one needs to be held post listing to maximize the gains. Worst case - listing might be a bit subdued owing to sheer size of the issue.
@PLAZA You have wrote that "I sold today ASP at 258 and exited " I don't understand what you like to say ? Kindly explain please. Sorry for inconvenience 🙏
211.17. JSK✨| Link| Bookmark|
February 19, 2024 8:36:02 AM
IPO Guru (1600+ Posts, 900+ Likes)
@Pbdrajkot He meant for selling APS (Australian Solar) SME lot.
Abhi tak website not working, thoda Paisa dalke website to thik karle
208. Sandapaul| Link| Bookmark|
February 16, 2024 6:59:55 PM
Top Contributor (200+ Posts, 100+ Likes)
All those applying 1-10 lots and not getting any allotment, Guys we all should write to SEBI to follow mainboard system in sme as well otherwise ultra rich people have highjacked allotments, they are getting every IPO.... Same issue was there in mainboard 2 year back and sebi rectified it. Now retailers ( 1lakh to 10lakh worth people) are active and applying SME allotments and apply 2-10 lots and never got allotment, lets write in mass to SEBI to get this process corrected..... Lets mail to them in masses so that they can knew whats going on...
Abusive language
208.1. Mr. Agrawal| Link| Bookmark|
February 16, 2024 7:05:39 PM
Top Contributor (500+ Posts, 100+ Likes)
Esa kuch ni hai.. sab kismat ka khel hai.. I am trying my best ..applied multiple applications of 17 lots , 20 lots, 25 lots in all ipos since January got Zero allotment ... Logo ko retail application mai bhi har bar aa jara hai.. it's all luck .. but sometimes I feel some of my accounts are marked to not get allotments.
Same Here, applying in sme ipo's from last 3 years, get only single allotment which was about to open in discount. They never allot a single ipo which is gonna open at premium. Premium ipo's are always advance booked for rich and ultra rich people only.
207. Safe Bet| Link| Bookmark|
February 16, 2024 7:23:53 PM
Top Contributor (500+ Posts, 100+ Likes)
With 3000 odd lots with HNI+Retail, there may be abundant supply on listing. But let us hope the high QIB subscription translates into good demand. All the best for listing.
207.1. Simply Vicky| Link| Bookmark|
February 17, 2024 9:38:02 AM
Top Contributor (400+ Posts, 100+ Likes)
It seems that it would give good chance to those people who exit in pre-open...otherwise you profit may reduce due to abundant supply. People who hold it may repent later.
The allotment by registrar is looking fair, I know some of not alloted but It's job and transparency seems better than bigshare and Kfintech after reading comments on this forum.
199. Vnrao| Link| Bookmark|
February 16, 2024 4:54:41 PM
Top Contributor (400+ Posts, 100+ Likes)
No Allotment for for two HNI Applications of one for 31,000 shares and the other for 30,000 shares. SME still disappointing even after 36 non-allotments in a row.
I'm very bullish on this biz. Not sure ki listing time me hi hoga, ya it will take a few UCs post listing, but in my view fair value for this biz is atleast 2x of current Mcap. Shree OSFM is up 7% today, and is trading at 30 PE on FY'24 full-year basis. WTI is growing even faster, and has better margins across the board. 30 PE implies ~290 rs share price for WTI.
Dear @antarixSir, my bad, you are absolutely right. In SME their are only 2 types of application, first it's RETAIL (1 lot) and second it's HNI (2 or more lots) application.
Happy Investing and wish you all the best for future IPOs.