Axita Cotton Limited IPO Message Board (Page 1)

Amount debited in all account

kya h aaisa is stock m jo bulk deals k madhaym se koi buy kr rha h

UPPER CIRCUIT

some one before were saying not good to invest one can see uper circuit on the first day.

Bulk Deals Today

AXITA      KRATOS IMPEX LIMITED       B      36,000      61.93
10/01/2019      542285      AXITA      AMBICA COTSEEDS LIMITED      B      92,000      61.13
10/01/2019      542285      AXITA      A B & CO       B      160,000      61.89
10/01/2019      542285      AXITA      GAUTAM COMMODITIES      B      88,000      62.69
10/01/2019      542285      AXITA      SUGNESH H SHAH HUF      B      142,000      62.75
10/01/2019      542285      AXITA      BHARATKUMAR NIHALCHAND SHAH      B      58,000      61.2

Dear SME
In SME market no need to look fundamentals,Sectors and others etc. We have to look LM only.
There is two type of investors in the market one is myself.
That is listing gainers or losers. And other type of investors like you. That is long term investors.
Long term investors need to look fundamentals, sectors and balance sheet and others.
Today listings of Axita force me to apply KPI also.
So for i applied four forms. Three retail and one hni quota(4.8k share).
In main line ipo i look all the three parameters like balance sheet, sector, issue size etc. But in sme stock is entirely different.

now Hit again Upper Circuit
buy 1 lot @ 61.10

# Dear Sme
i am not Long term Investor, i hold for 2-5 days only and after i sold
i have earned profit in shubhlaxmi,e2e.innovators,oswal seeds and lexus Granito all stock are buy after listing but some stock have loss in Akshar Spintex ( allotment hold yet ) softtech eng,powerfull tech.SKIFL

Dear SME
Your point taken.
I clearly stated two type of investors in the market one is you and others is myself.
I am doing like this for the past 30 years.
I loves applying forms and get out on the listing day.
Hats off to you by holding Deccan. But Deccan type of companies comes once in blue moon.
Market is sideways and ipo market is inactive so that Deccan firm allotment for all.
Keep it up.
Thank you for your advise.
Cotton, steel, cement, infra, power all sector nowadays not fancy in the market. These sector is not advisable for long term.

Dear SME , Traderji and Small Investor
Just now i sold at 64.05 because buyers only 6k when i sold. 8k profit is enough for textile sector.

i put a buy order at 57 level

Dont buy at any rate. Because sme stocks after one or two days volumes are dried and nobody cares that stock except one or two companies.

Dear Traderji and SME
Now i am confused to sell last lot at circuit or wait tomorrow.

@ Rajkumar hold your 1 lot till tomorrow and watching buyer qty regularly today

I think Upper circuit remain only today because buyers are 76000+ at 64 and after 61 level and after bellow 60
its challenge for LM for hold Upper circuit today

good morning. sold @64.05.

Sold one lot at 61. Holding one lot waiting for, how it behaves after 10 am

Book a profit at 64.05

Yes amount debited. I applied two forms and got two forms.

amount debited just now.

Dear Small Investor and Changeparty
Yes i agree with both of you. But i took risk and applied two forms.
Now a days BSE listing will be good. No single listing below par for the past six months. I mean discovery price.
My inner heart says it will list at par or marginal gain.

Agree with you. First Lead Manager Beeline earlier issue listing is fine.Second it is gujrat base company so there is always satta bazar active in it.

amount debited just now.

Sector is bad. Short term borrowings 10 crore and long term borrowing 5.7 crore. LM is good last two listing above the issue price.
It is purely depends on the LM. No one can predict what will be the listing price.
One who applied Deccan and made profit may consider to apply after seeing the final day subscription of HNI. If Hni crosses 5 times may consider to apply.

Deccan heaLthcare performed as it's almost debt free company and also sector doing good. Axita cotton sector is bad and also debt is too high
Remember lagnam spintex. Lagnam also hugely subscribed. Subscription is not always. Criteria to apply

Remember Innovators Fasad Systems high Subscription but Fail in listing Gain now below of issue price near 55-56

If subscribe more than 5 times positive listing.

Dear Admin
Your are right, after Listing Retails will be crying.

Only one hope is LM's
last two ipo Performance

Axita and Akshar same Word, same Sector and same results be can see after listing
so clearly avoid this

Avoid Avoid Avoid

Huge debt. Bad sector. Expensive valuation. These 3 are enough reason to avoid this one. Remember the subscription are due to application already been sold so anyone who will apply will get stuck in this company.better look for secondary market sme with good sector like shreroswal seeds ushanti colour And many other which are available at around issue price

against hit UP Circuit in Deccan Healthcare

There is application bought by broker to create subscription as noone is Interested in. Applying so whatever few application you are seeing have been applied which have already been sold
If you by mistake applied then get ready for your Money to be halved in 2 months