Sona BLW Precision Forgings Limited IPO (Sona Comstar IPO) Detail

still blocked in SBI ASBA , May be clear by 11 pm

Hi All
Request people not to sell a single share of sona blw from your demat account, keep accumulating on monthly basis. Mark my words
''''HOLD 1 LOT OF SHARES UNTIL 2036 U CAN BUY AN APARTMENT IN MUMBAI SOUTH BY SELLING THESE 1 LOT SHARES''''

What should be target to sell

This is the Dark Horse IPO. Good company, also has FI Investors(promotors) and now good anchor Investors. Invest for good gains.Invest after doing your own analysis. Enjoy.

Told you in advance.Going exactly like Lodha (Macrotech). Enjoy.

Has closed at 421 today and Macrotec (Lodha Developers) at 772 . Going on similar trajectory.

Why suddenly sona comms is shooting up.
Today at a all time high
Any news??

Hi All
Request people not to sell a single share from your demat account, keep accumulating on monthly basis. Mark my words
''HOLD 1 LOT OF SHARES UNTIL 2036 U CAN BUY AN APARTMENT IN MUMBAI SOUTH BY SELLING THESE 1 LOT SHARES''

Old habbits die hard🤨 Forgotten how my burgers had gone cold with heavy loss. Now I hit Sona @370, lanhi khota na ho jaye next weak. Motive today was to do intra day but ended in delivery😇 God knows why when share hit my account stop moving up that day!

My advice is to stay invested for long term and not think on some short term gains. My 2 lots from ipo are still with me and I will add further lots if it corrects. Think multifold returns and not immediate 10-20% gains

Hope you got the exit today. I had accumulated few @335 yday and sold today. My lots from ipo are still with me though.

मेरा सभी महानुभावो से अनुरोध है कि नकारात्मक टिप्पणी एक दूसरे के कमेंट पर ना करे क्योंकि ऐसा करने से एक एक करके बहुत सारे कीमती हीरे यहां से लगभग जा चुके है जिनमे Septa और Eagleye प्रमुख है Eagleye अगर यहां है भी तो सिर्फ नाममात्र के लिए
और मेरा सभी IPO GURU से अनुरोध है कि कृपया नकारात्मक लोगो पर ध्यान न दे और आपना अच्छा काम लोगो को पैसे बनाने में करते रहे क्योंकि ऐसे नकारात्मक सोच के लोग हर जगह मिलते है जो समाज और यहां इस फोरम को दूषित करने का काम कर रहे हैं

मेरा chittorgarh. com admin से भी विनम्र अनुरोध है कृपया करके ऐसे नकारात्मक लोगो की id ब्लॉक करे या फिर उनके घटिया पोस्ट को delete करे जिससे कि इस फोरम की गुणवत्ता बनी रहे वर्ना जैसे ही लोगो को कोई दूसरा फोरम जिस दिन मिल जाएगा सब experts लोग यहां से चले जायेंगे

ONLY 4.77 Percentage is with public/individual share holders, hold for long term

Looks like operator play. Retailers who got allotment better book profit atleast partial.

How did you know its operator play ? How did we know that ?

Sona to the stars!!!!

EAGLE EYE predicted RS.5 AS Grey market premium??????

Upper circuit touching soon!! Buy Buy Buy

Not buy buy now it''s bye bye

Shorting started, we may see LC today

Sirf ghabrana nahi hai.

guys, this was a super se bhi upper listing.

I must confess, I made a large HNI application on the day1 of listing and was wondering, if would get an exit at cost, what happen at 1030 this morning, is a different story all together! I am happy, didn''t sell any shares today.

Upon seeing 328-330, I though I will wait until 340, but the way volume cough up, i started expecting there might be a ckt trap!!!

Ckt at 361 got hit, then placed the stop loss order trigger order for 350, which didn''t hit, so still intact with all shares.

Now the question is has a perfect shorters trap being laid!!! how about a second ckt tomorrow???

@ NSE - 4.18Cr shares are traded and 1.87Cr, approx 45% are marked for delivery, important point is when the ckt hasnt opened during the day from around 1130 onwards, there is a very good likelyhood of short traps and tomorrow there might be a gapup opening, there is no free float so where will the stock come from???

lets discuss.

If it is a shorters trap, than not good for investors as it is rather speculation. But it is a large issue and normally speculation happens in small size issues. Buzzing Electric vehicle themes might be the reason behind its move.

@Mukesh, I am not sure about another upper circuit and more chances of going up today as well.

Few reasons:
1. Demand is far more than supply (Especially from QIB)
2. Fresh retailers and HNIs entering stock as they have missed applying IPOs and now buying from open market.
3. ESG company and sound fundamentals.

OMG, what this phenomenon called!!! Who bought all those shares? Is it a game😱🧐🧐🧐🤷

I have given analysis for Gland pharma as well. Invested 1.2 lakhs in IPO when there was pessimism (chinese promoter) go ->t a profit of 1.2 lakhs (still holding).

You can follow me if you want to make good profit in fundamental good companies. I won''t put analysis if I am not satisfied with the company.

I have posted a message on June 17th and posting again for the benefit of this forum.

@Arun, then is low QIB mean good price? You are telling about a company Chalet which is completely into a different sector and has not posted free cash flow. You are comparing Apples with oranges. High QIB with less HNI means good allotment and decent listing (might/not be spectacular). I can quote many examples of the same where HNI was not subscribed fully but had good QIB demand like HDFC Life, Gland Pharma.

Sona company has 75% QIB, 15% HNI, 10% Retail with overall IPO size of 5500 cr. In this Anchor investor placed almost 2500 cr. Rest 3000 cr, QIB portion is 2250 cr. It has been subscribed 3.5 times in QIB. So investment made by QIBs is close to 8000 cr plus Anchor investor which comes to 10500 cr. HNI is 450 cr and that go subscribed 0.4 times that comes to 180 cr. Retail portion is just 300 cr out of total 5500 cr and got fully subscribed. So QIB allotment will be close to 83%, HNI 7% and Retail 10%. If any selling pressure from retail and HNI which is 480 cr will be more than easily absorbed by QIB. So demand will be more than supply and as a result the stock might perform better than expectations. QIB wont''''t be selling. In fact will be adding more as many QIB who did not get allotment will purchase from open market. Remember that Anchor investor lock-in period is for 1 month which means they can''''t sell within 1 month of listing.

Note: I have explained in detail to give more clarity and is just based on demand and supply and quality of subscription.
I have clearly described Fundamental analysis and future growth prospects of the company in my earlier posts in this forum.
Anchor list is rock solid and reputed institutions have subscribed to it as this company will be leading Auto component manufacturer for EV in near future and strong earning growth and operational metrics.

Dear Lokesh:

i posted one message about the possibility to 2nd ckt tomorrow 25 Jun? any views?
All due to very low floating stock, 1.8Cr delivery on 4.2 Cr chare trade? so if all retail and HNIs have sold then there is no floating stock,

as you state about the is less than 12-15% of the total float ~ 600 Cr on 5500 and the delivery are more than that, some drama is possible tomorrow for short deliveries today!!!!

Good info, but timing is wrong, can you post some analysis for IPL too

Thanks

I remember one song from Karishma kapoor''s movie

Sona kitna sona hai
Sone jaise tera man
Sun zara sun kya kehti hai
Deewane dil ki dhadkan
Sona kitna sona hai
Sone jaise tera man
Sun zara sun kya kehti hai
Deewane dil ki dhadkan
Tu mera tu mera tu mera
Tu mera tu mera hero no.1
Tu mera tu mera tu mera
Tu mera tu mera hero no.1

😂😂😂🙏🙏

😂

Will circuit revise from tomorrow or same of 20% ??

Is there Chances for upper circuit for tomorrow ?

20% circuit for two days the only circuit revision.

So, two days including listing day ?
Or
Listing day + another two days

red siren is played first time among all gmp players for sona blw
so be carefull on listing day

confirmed with delhi, mumbai, rajkot, ahmedabad all r now seller below 0

He has been hospitalized after seeing the listing.

@Rajeev, let''s admit him to KIMS.