Dear experts, I bought ambo agritech at 46 and right after that it rolled down in multiple LCs and stumbling around 37-38 at present. Can I hold for 2-3 months to avoid loss ? Can this share hit 50 in mid term ?
4th LC on the trot. Will there be any respite tomorrow, 13th Dec.? Honestly, the financials look gud and even this is not an OFS issue and all the IPO proceeds are with the company itself. Where are all the QIB's and Market Makers?
As per my view this sector is performing good nowadays. Sarveshwar Foods SME ipo listed today at main board at both nse and bse with heavy buying. AMBO should also perform ones weak hands goes out. Disclosure: Holding 1 Lot
IPO which was subscribed more than 300 times, is touching lower circuit continuously for last 4 days, ....very strange.......whats next for the investors.....will it stop above 30????
Is the fancy for SME IPOs over now? Baheti and Pritika are too stuck in LCs.
318.4. cliqx| Link| Bookmark|
December 10, 2022 12:21:50 PM
Top Contributor (200+ Posts, 100+ Likes)
Can't say that hype is over for these IPOs.. but certainly the problem is too much hype.. when the promotors itself felt 45 rs is suitable to their share price as per company financials.. we investors making mad rush behind the stock that making multi fold listing on first day itself... In short it is tooooo dangerous for retail investors... One wrong decision of buying in preopen will wipe off not only the capital but also the faith in equity markets... In other words biggies can hold it to really long term.. and gain ultimately but it's not the case with many of the retailers... Retailers will usually get trapped like buy High and sell low..
317. Arca| Link| Bookmark|
December 8, 2022 12:23:12 PM
IPO Guru (1000+ Posts, 500+ Likes)
Tomorrow mostly it will.open with lc and later may break lc.
It touched uppar circuit immediately on opening and again for three days, it closes @ UC....then what happened with the Company with resulted in LC today and yesterday with huge volumes.... needs to be investigated.
Investigated.😅😅 SMEs mostly trade in T+2 segment for the starting 10 days....so for starting 3 days most shares change hand and there r not enough sellers for on 2nd and 3rd days as those buying on 1st day can't sell before 4th day ... But on 4th day those who bought on first day start booking profit and there r more seller now than buyer.... There is nothing to be in investigated here.... It happens in many smes ....
Where is the question of profit booking ....current price is lower than first day closing price.....I asked for investigation because I feel some punter is doing all these to abstract maximum profit
is it the only share who is below the listing price? Even some are involve too, then also investigation matter doesn't arrive, they are also looking for profit, and will buy and sale.
What is view on this as today again it is in lower circuit. Should I hold for some time to make it grow or try to book loss as I also purchased it after listing at 42.1
Strategy didn't work. Now we can't sell due to LC. Will we see LC next day or 2?
314.7. Takamichi| Link| Bookmark|
December 7, 2022 8:41:57 AM
IPO Mentor (800+ Posts, 700+ Likes)
There is no strategy in this.... It's just supply demand equation.... Many of those thinking of holding it must have sold it in pre-open..... Don't get too swayed by targets on public forum which cab be either about seeling or buying or holding.....use your own deductions and analysis.... Note:not directed to only this ipo ...
Very bad listing 300 times subscribed and couldn't even manage to open at 50% premium it's a loss to HNI investor as they raise funding at interest cost and apply .... This is the story of almost all sme IPOs these days
313.2. Takamichi| Link| Bookmark|
December 7, 2022 8:48:31 AM
IPO Mentor (800+ Posts, 700+ Likes)
It's mainboard time right now.....majority of sme IPOs r having difficult time..... Even after all the high market, my portfolio is still in red even after having good smes at good valuation..... Times will change, patience is the key
Luckily I got 2 lots of this issue and my risk management allows me to hold the lots for the next 14-15days. So, I will not sell my shares until 20% circuit open.
The only way to make sure the upper circute every day is make sure all the members in this forum who have got or bought shares will tightly hold and not to sell
Even if we together take this call (at least some 100 members), it will be upper circute
I will not sell mine, will hold as this company's financials are great and the growth in this sector is also really good..... Would suggest everyone to hold this future multibagger
Even Mainboard Bikaji Food Up 50% from listed price.
This is Pure SME, limited number of stocks - Already UC and Huge Lakhs of Buyers
I am expecting this stock will outperform and give multibagger returns due to the following: 1. Food Sector (Huge Trend right now) - Remember Bikaji Foods 2. Demands in IPO (350 times Subscribed) 3. Unexpected Listing Price (Due to 4 IPO's clash and Peoples don't have money at the time) hence listed very low 4. Company Background and Financials are Excellent 5. Most importantly, Ambo LM is Finshore - Last IPO from Finshore was Containe Technologies (Hope you know, what happened) Issue price - 15, Listed @ 20 (No UC,LC) and now its trading at Rs. 70 (5 times of Issue price)
Similarly I am expecting AMBO 5 times of Issue price very soon
"Record Not Found – This Application is not Bided/ Processed through BSE"
What does this mean?
307.1. SANJEEV SOOD| Link| Bookmark|
December 2, 2022 4:40:58 PM
Top Contributor (300+ Posts, 100+ Likes)
Recheck with your Dmat A/c No. / Application No. If same result , investigate further , by writing mail to the source you made your application through.
I made my application through Zerodha, Blocked funds using UPI. It is showing same result with application number as well as pan card.... How do i investigate this further? Please guide