Bhatia color chem - New LM then 50% discount listing Cosmic CRF - New LM 20% discount listing Aatmaj - New LM 8% discount listing Lesson learnt - Never bet on a new LM. Maximum money is lost betting on a new LM. Old ones atleast give you an at par exit.
332. Mr. Agrawal| Link| Bookmark|
June 30, 2023 10:46:20 AM
Top Contributor (400+ Posts, 100+ Likes)
Bhai icici direct mai toh sell ho hi ni rha kuch bhi krlo order rejected likh aa rha
331. Pradip IPO| Link| Bookmark|
June 30, 2023 10:42:18 AM
Top Contributor (400+ Posts, 500+ Likes)
बंटाधार in SME's
330. Kapz| Link| Bookmark|
June 30, 2023 9:09:18 AM
IPO Mentor (600+ Posts, 200+ Likes)
Just one big order of 7lakh shares at 72 is setting the price. Rest all below 60. Watch out for any fake orders here to trap retailers into buying, and then disappearing.
@Wishal It must be those who have sold there allotted shares in grey. they need to exit at pre-open price and claim the difference from the buyer. actual sell price doesn't impact them. this shows that 23 lakhs shares have been sold in grey and cornered by someone, who is now not ready to support the price at lower levels, possibly to corner more shares later.
330.13. Kapz| Link| Bookmark|
June 30, 2023 10:21:56 AM
IPO Mentor (600+ Posts, 200+ Likes)
@Wishal it wasn’t one order with that high sell value, there were more than 100 orders totalling 2,30,000 shares. Even with just one lot allotment of 2000 shares, it would come to 2lakh shares. Over that would be of hnis who would have received more than 1 lot.
330.14. Wishal| Link| Bookmark|
June 30, 2023 10:22:34 AM
IPO Mentor (500+ Posts, 300+ Likes)
@ coman man sir Me bhi grey me bahut kaam kerta hu, Last bahut se ipo me notice kiya itna kam rate me pre open settle kerne ke itna kam rate koe broker instruction nahi deta.
@Wishal Bhai most of broker ye he the instruction deta h. The reason I personally think this is, Operator gets the exact idea of where to open and how many orders to put at which price. Although they have a huge amount of cash to manipulate at any price they want but just to be on the safe side and to give an exit to those who sold. @Kapz Sir thoughts?
330.16. Kapz| Link| Bookmark|
June 30, 2023 10:42:15 AM
IPO Mentor (600+ Posts, 200+ Likes)
@Abhishek Rajkot I have never dealt in grey so have no idea. But your description makes perfect sense as otherwise it would become an open ended grey transaction with brokers having no control over it. @Trueinfo also confirmed this to @Wishal in another thread. 🙏
329. Trueinfo| Link| Bookmark|
June 30, 2023 9:48:43 AM
IPO Guru (1800+ Posts, 1700+ Likes)
329.1. Trueinfo| Link| Bookmark|
June 30, 2023 10:05:56 AM
IPO Guru (1800+ Posts, 1700+ Likes)
Pathetic. LC on. All hopes dashed.
329.2. Wishal| Link| Bookmark|
June 30, 2023 10:13:45 AM
IPO Mentor (500+ Posts, 300+ Likes)
@Trueinfo sir Sme listing me pro open me ekdum kam rate me sale order ki huge quantity kon order kerta hoga? Buy order to fake hote wo to dikhta hi hai. Sale order me i think demat me maal nahi hota to sale order nahi rakh sakte.
329.3. Trueinfo| Link| Bookmark|
June 30, 2023 10:29:02 AM
IPO Guru (1800+ Posts, 1700+ Likes)
@Wishal, Though I haven't traded in grey ever, but friends tell me that those who sell in grey have to put sell orders at lowest price. So, that's why these orders.
329.4. PLAZA| Link| Bookmark|
June 30, 2023 10:35:31 AM
IPO Guru (1900+ Posts, 1200+ Likes)
@Trueinfo@Wishal If you go through BOA it is clearly visible that appx 6 to 7 lakh shares were allotted to 8 to 12 applicants and they are none other then entitity who sold application on interest and they are not concern with rate of shares . The only purpose of them to square up the deal with LM or promoter or operators and collect difference they don't marry with shares ...... samazdar ko ishara hi kafi hai,,,,
sometimes such type of deal list the shares on bumper side as we saw in past .......
Such weak listings to bring back sanity to SME Market. Because of low float , operators are in total control here. Who knows, this may also bounce back if they decide so.
lets wait till evening if we doesn't see RIKHAV SECURITIES name in bulk list(in auro impex listing they bought huge shares on listing to help the share to list at PAR)
then its clear that they only work for discount listing ,not for positive listing...
This was my my second time with SME allowed. Very bad experience till now. Lost money in both. This seems to be a fundamentally good scrip so I'll keep this mind sell later but as of now loss is bringing tears.