302. lokes| Link| Bookmark|
December 1, 2022 8:31:38 PM
IPO Guru (4300+ Posts, 5100+ Likes)
In my view, expected listing range here is around 44-45, as per subscriptions, financials, gmp etc...it can be bought if getting around 41-42 or below levels and profit can be booked around 47-48 or above levels....I will hold my allotted lot for some weeks or months to see further movement with stoploss around 39 levels...i may sell if getting above 50 in short term.....
302.1. Takamichi| Link| Bookmark|
December 2, 2022 8:31:02 AM
IPO Mentor (800+ Posts, 700+ Likes)
With financials i doubt it's valuation at more than 35 ..... But now a day companies with good subscription and moderate financials r going much better than companies with good financials..... And such high subscription with average financials and moderate gmp is interesting to see
302.3. lokes| Link| Bookmark|
December 2, 2022 8:56:30 AM
IPO Guru (4300+ Posts, 5100+ Likes)
@takamichi: yes financials were average only here, not so great but as you mentioned in second line, due to that only i had little more conviction here seeing great subscriptions and moderate gmp but it didn't listed well.... Main reason looks like sector is not so promising here and company is regional player mainly so growth may not be great going forward... Sme's always give surprises....
302.4. lokes| Link| Bookmark|
December 2, 2022 9:23:59 AM
IPO Guru (4300+ Posts, 5100+ Likes)
got lucky that my stoploss (38.5) didn't hit here after listing....and finally it locked in strong UC now. So even if listing was average, but since listing is below buying range so atleast whoever bought in preopen and whoever holding from ipo are benefited.....good luck to everyone.... hope it won't go vital chemical way in short term.....that is struggling due to bigger issue size mainly, even after having good financials...
Looks like riyansh is paid by large player to post fake comments on company fundamentals to trap retail investors..price action is supreme. no operator corrects a stock 30% to shake off lose hands. retailers may keep on waiting for strong results and get trapped in a stock..better to take timely action than to regret in long term
297. Arca| Link| Bookmark|
December 2, 2022 8:55:52 AM
IPO Guru (1000+ Posts, 500+ Likes)
@ Ramachandra. Sir, I have questions to ask and hope u will help with answers. 1. Which bank asba you applied? 2. Demat account with which broker? 3. Any strategy to get allotment? In most of the IPO i didn't get allotment even separate 7 retail application. Thanks in advance.
@IPO.HOPEFUL . Sir, I have questions to ask and hope u will help with answers. 1. Which bank asba you applied? 2. Demat account with which broker? 3. Any strategy to get allotment? In most of the IPO i didn't get allotment even separate 7 retail application. Thanks in advance.
@Zub and @Praty My worst experience in Axis Bank today. I have my account in this Bank when it was UTI Bank. Funds unblocked in my two accounts at about 14.40. But unfortunately ASBA was not working after that time. At about 16.55 it was also not working. Other facilities were working. Now the faith is lost. I was so happy with this Bank, but the worst experience of today allowed me to think of other Bank also. Funds lying unused today. "It is all for the best" I think now. Taken as positive.
Really bad service by Axis. Couldnt apply properly in any of the 3 issues that closed today. They should be held accountable for such pathetic service.