29. ipobull| Link| Bookmark|
July 20, 2022 12:32:54 AM
IPO Guru (1000+ Posts, 1000+ Likes)
I had recommended people to shun RIL @ 2400-2500 levels and purchase PC Jewellers instead @ 24-25 levels, though its not an apple to apple comparison, but to make quick buck which anyone should like. Now, see where PCJ has gone. Its unstoppable, even though the compnay is in losses. Do not know, till when it will run. @Jetha Lal, Any information on this magic move.
@manu u r right( not for any particular person).....but when the market/company is going up, I see all the people taking credit .... And when it's loss nobody wanna say that I recommended my mistake..... though it should be clear in everybody mind it's their money and their risk and their return..... But if u can't take the blame, don't take the credit..... And yup u can share ur views and opinion and even give recommendation..... *Not for anyone specific
29.2. Jetha Lal| Link| Bookmark|
July 20, 2022 7:43:21 PM
IPO Guru (1000+ Posts, 2100+ Likes)
@Ipobull Ji No update regarding PCJ. It looks operator play but not sure. Companies with no fundamental or have bad corporate governance are not under my radar. Congratulations for minting quick cash:)
@Takamichi Forget every thing. It's universal truth that people always take credit for their good deed and forget other part. I have seen experts in channels recommending shares in good days. But in bad days nobody is seen on the channels. Even we might have taken credit in good decisions and kept silence in bad ones. So, bear it. See the intenson, but people always see the result.
29.4. Trueinfo| Link| Bookmark|
July 21, 2022 5:37:45 AM
IPO Guru (1900+ Posts, 1700+ Likes)
@IPObull, you are really a gifted person, and caught the sharemarket bull by it's horns. Great. May God bless you.
29.5. ipobull| Link| Bookmark|
July 21, 2022 9:44:24 AM
IPO Guru (1000+ Posts, 1000+ Likes)
@Trueinfo & Jetha Lal ji Thanks for your good words. But since PCJ is a loss-making company and the present move seems to be a operator play, common sense says one should not enter at these lofty levels as circuit downs too may start anytime.
28. abc xyz| Link| Bookmark|
July 21, 2022 8:29:08 AM
IPO Guru (1300+ Posts, 1200+ Likes)
The shareholders of Nupur recycler may be very happy as this company have rewarded it's shareholder very nicely. Still this company is doing well and gave the bonus shares too. I wanted to confirm the market lot for trading it.
@ jethalal ji ye agni green ipo ke lie appka kya analysis hai. If possible please share with us
24.1. Jetha Lal| Link| Bookmark|
July 19, 2022 11:16:14 PM
IPO Guru (1000+ Posts, 2100+ Likes)
@Wishal Ji Usually I don't apply in SME IPOs because there is nothing much to analyse fundamentally about sector, company, financial and promoters. The information in RHP aren't sufficient for me. I feel they are more speculative and speculation is not my forte.
Thank you π
24.2. Wishal| Link| Bookmark|
July 20, 2022 11:50:58 AM
IPO Mentor (500+ Posts, 300+ Likes)
Okay.. sir thank youπ
23. pRACE| Link| Bookmark|
July 20, 2022 10:37:37 AM
Top Contributor (200+ Posts, 100+ Likes)
Aether made new high today.. Thanks to Jethalal for his analysis on this stock. Seeing today's move, it will easily cross one thousand. I couldn't get allotment in clean science now i am happy that i applied in Aether when market was going through turbulence.
22.1. Jetha Lal| Link| Bookmark|
July 19, 2022 2:53:40 PM
IPO Guru (1000+ Posts, 2100+ Likes)
Delighted to see super upmove in Aether. Happy that whoever participated in this IPO made money.
Holding both Clean and Aether. Aether is now expensive valuation wise and Clean is interesting to accumulate below 1500. Clean is always my first preference in Speciality chemical sector.
One stock which looks interesting is MTAR Technologies. It is into precision engineering components having experience of 40+ years. It has very rich experience in its field and no direct competition in india. It caters to Clean energy, Nuclear, Space & Defence. βClean Energy: Bloom Energy (biggest client of company having 9+ years relation), ANDRitz hydro. βNuclear: NPCIL, DAE, BARC etc (All are Indian government organisation) βDefence : HAL ,BDL, DRDO, Rafael (Israel), Elbit system etc β Space : ISRO, LPSE etc
The stock was under pressure due to broader market correction in mid & small cap stocks and it was trading at premium valuation. Pre IPO venture capital investor Fabmohur & Solidus (Mathew Cyriac fund) have taken complete exit (~10% stake) and recently Promoter too offloaded ~2.5% stake so there were a lot of supply pressure in this stock. DIIs has increased stake to 27% in this company. Mukul Aggarwal has also maintained 1.14% stake.
The business fundamental still remain intact and it is growing really well. It is expanding in Hydrogen boxes and electrolyzers(Indian government has very aggressive plans and support for green hydrogen). The management has give 50-55% growth guidance for FY23 and the way company accomplished FY22 target and orders it is receiving, this target will be accomplished.
Disclaimer: I hold this stock since IPO and willing to add more below 1200. I don't see it going below 1000 in worst case. Pretty bullish on this company and sector. No buy/sell recommendation. It was just for study purpose.
@IProfitO.. Jetha Lal ka naam leke, add a bit @ ~1200 -1245 π€£ππ€£ππ
20.3. IProfitO| Link| Bookmark|
July 19, 2022 7:21:25 PM
Top Contributor (200+ Posts, 100+ Likes)
@ Avenue .Sahi bole.Sir ji naam leke ek baar last try kar lete hai .
20.4. Jetha Lal| Link| Bookmark|
July 19, 2022 11:36:33 PM
IPO Guru (1000+ Posts, 2100+ Likes)
@IProfitO ji With fundamental of stock we need to see valuation too. It's very important at which price you buy the stock. One may be in profit and another may be in loss in the same stock depending upon at which price they both bought.
It was at high valuation at those prices and then bloodbath happened in mid & small cap and growth stocks.
Massive stock supply pressure came at 1700-1800 because PE fund(Fabmohur) which invested Pre-Ipo sold ~10% stake(Complete exit)of the company. Last month Promoters offloaded ~2.75% stake at Rs 1250. MD has assured that there won't be further supply by Promoters and PE fund has exited so there won't be bulk supply of stock. MFs and Insurance companies are showing good interest in the company and they have mostly absorbed these supply.
Fundamental of the business remain intact and it is growing really well. The valuation is moderate and decent now considering growth momentum of this company. One should study this company because business and products are interesting and futuristic. May accumulate gradually around 1200 for medium to long term horizon.
This Company was incorporated in 1995. Their Share Capital as on October 2004 was a mere 0.288 cr. 99% of the pre issue equity of 14.29 cr. comprises of Bonus Shares. The Issue is at par against post issue NAV of 16.24. But the numbers for the 10 months ended 31/01/22 are very low and highly disappointing.
Blockbuster return in 5 months time to those who are still holding Maruti Interior Shares. Current Price is Rs. 106.95 (20% Upper Circuit). This is called magic of Holding.
Yep π i sold my last lot a month before at no profit no loss. Had i held all 3 lots i would have had 2 lakhs unrealised profitπ today. I held the stock for almost 3-4 months because of this recession fear i exited.
I wasn't allotted any lot even after having applied for 41 and 14 lots applications. Later I bought it nearly @60 Still holding that lot. :)
Can someone tell what happened here that price moved 20% up in 2 hours ???
17.3. Arca| Link| Bookmark|
July 15, 2022 9:57:11 AM
(1000+ Posts, 500+ Likes)
Who are all holding safa?? Is there anyone who bought @16or 17 still holding?
17.4. lokes| Link| Bookmark|
July 16, 2022 9:01:46 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@arca: i bought safa when it came down below 10 and now holding 4 lots of it at avg. price of 9.15 @avenue: congrats for good gains in maruti and coolcaps....i sold both with good profits recently...
@lokes I have one lot of safa which i bought at 12. But many bought at 16&17 are there so i guess it won't cross 16 in short time.i wishπi had all 3 lots of maruti .when i bought i felt it could go upto 200 that's y i held upto 3-4 months but after results there was no move & recession fear were high.Now suddenly prices are gone upπ. Sold one lot of djml at 10k loss & holding 1
17.6. K.Atar| Link| Bookmark|
July 17, 2022 11:03:36 AM
IPO Guru (1000+ Posts, 700+ Likes)
I too had maruti interior and sold it before it went down same I did with Le Merite. Though it seems now it was too early to sell it especially Mi. It's sensible to hold good SMEs till few quarter to take a call of hold or sell. No one knows which one could turn out to be a multibagger stock.
@Happy-go-lucky Blockbuster return as you are saying now. When a ball is played it is easy to comment. In Maruti Interior, there is a comment: it will go below issue price. After 5 months holding a share and getting double it is good, but also give the example of holding which is very less than issue price. Sometimes people are lucky holding only one share and appreciates so high. I am holding one share from 2008 at 38.00 and now it is at 2700. Holding another at 400.00 and now is at only 20.00. Take the example os LTI. This the beauty of share market where nobody is king and all are king. Man proposes God disposes.
15.1. K.Atar| Link| Bookmark|
July 15, 2022 3:41:37 PM
IPO Guru (1000+ Posts, 700+ Likes)
Small issue size, anything can happen, but seeing the trend, listing gain and few circuits can be expected, however in SME fundamentals pe jyada jor nahi dena hota. I learnt this so far.
15.2. Trueinfo| Link| Bookmark|
July 15, 2022 3:51:35 PM
IPO Guru (1900+ Posts, 1700+ Likes)
@ K. Atar, only positive I can see is sector. Otherwise seeing the financials, it was probably 'Avoid'
15.3. K.Atar| Link| Bookmark|
July 15, 2022 4:04:45 PM
IPO Guru (1000+ Posts, 700+ Likes)
Only in rare SMEs the financials are good, otherwise almost all have so so financials. That's why we have avoided a lot of SMEs and they ended up giving gains to investors. π
14. Abhii VPG| Link| Bookmark|
July 15, 2022 11:10:14 AM
IPO Mentor (1000+ Posts, 300+ Likes)
Why Dilip sirβs review is not there?
14.1. Trueinfo| Link| Bookmark|
July 15, 2022 3:22:13 PM
IPO Guru (1900+ Posts, 1700+ Likes)
I think SEBI had given three month time to Bank etc. for modifying application acceptance process which includes blocking of funds for application being accepted and some UPI mandate next day acceptance issues... We may have mainboard IPO only after changes are incorporated.. Don't forget SHNI/BHNI category wise subscription was still not available...
Why all the recent IPO's are coming up with the larger quantities per lot? I guess from the month of June, I haven't seen any IPO with a smaller amount of less than 20K per lot.
From last 50 days only SME IPO on board and no mainboard IPO in market. Last mainboard IPO was Aether, which was closed on 26th May. Mainboard IPO application is always less than 15K for minimum application and SME IPO always have bigger lot and application amount always more than 1L for minimum application.
11.2. Trueinfo| Link| Bookmark|
July 14, 2022 10:19:34 AM
IPO Guru (1900+ Posts, 1700+ Likes)
Mainboard IPO single lot price range 10K-15K. SME IPO single lot price range 1L-1.5L.