Cargosol Logistics Limited IPO Message Board (Page 1)

Should I sell it today or hold a few more days... Iam unable to decide which to hold long term and which to book profits amongst insolation and cargosol.

Please guide.

So i sold cargosol at 49 in pre open. I have a feeling come tomorrow, when all the 1st day buyers will be able to sell their stocks, the price may fall... May re-enter if the price falls below 40.

Made a return of more that 80K(75%). 1st big profit of my investing journey...

I want to specially give a shout out to Lokes and MRavi sir and thank them for all the guidance.

thanks @Investing for a better tomorrow.....and congrats for first good profit...good luck for future....
its a good company for long term and i don't think it will come to 40 price again.....

Experts kindly guide ...can we hold and add more at this level around 40-41

pre open price 40

Dear
@Lokes Sir @Mravi Sir @other Expert
What should be listing price ? Is it good to hold for long term?

in my opinion, its good for holding for long term....company has posted very good growth in top/bottom line growth and also issue is very reasonably priced as per latest year financials....company is operating in multiple sectors and in all modes of transport and having warehousing services too....
it may list around 41 to 43....and profit can be booked around above 46-47 levels for short term.....it can be bought around 37-39 or below levels, if available anytime after listing for long term holding....

Only thing for now is so many ipos listing together and markets are also not going good so it will be interesting to see if most of the sme's can list as per their expected prices or not.....Be careful in new buying at too high prices in any of smes as we may get later also at lower prices if market fall continues.....

i have placed buy order at 40.5 after listing and missed to buy :(
even in preopen i placed buy order at 42 and that was also just missed....
it has listed as per expectations and doing well, i was confident for this for long term as mentioned above....

Sbt 35000

Listing preponed for Cargosol Losgistics
Now listing on Monday i.e. on 10th October.

@Investing for a better tomorrow,
It may list good around 30%-40 % premium (next to Maritime, Concord, Insolation and Steelman). Normally a good stock to buy in pre-open if it would have to list alone. I will be holding my allotments for now.

Due to so many listing altogether with weak market sentiment, its possible that most the SME's (except few) will be available lesser price after listing. Hence, need to be caution in pre-open buys on Monday, as per my guess.

Thanks

Thanks MRavi sir, really appreciate the reply

i need help from experts. Director muneration for last year is 5cr. is that not too much for small size company. I want to hold cargosol logistic for long term but director remuneration raising eyebrows. Plz experts give your valuable advise. Thanx in advance

its peer Ritco logistic have 587Cr revenue and 16cr profit in last year but director remuneration was only 60Lakh. Then How can cargosol's directors take 5cr.

Dear all,
RBL - amount deducted or released.

Got 2/100, 0/30 (One pending from ICICI - 10 Lots) - surprised with 2 lots, but will take it in both hands.

Good luck to everyone.

Thanks

Allotted
1/43
0/41
Congrats to all allottees. Better luck next time for non-allottees.

@Mentors and gurus,

Any advice for the listing strategy?

CARGOSOL 12-16 GMP

Holding well in latest rates
12-16

2/5. I got cargotrans and cargosol today. But in my BHIM SBI upi the payment status is failed due to "you have exceeded daily transaction limit set by your back" error. Anyone faced such error? I used to apply through ABSA before first time got an allotment in sme after long time. Is there a way to resolve this? Kindly someone help whom I should contact to resolve this.

Bro how to apply through upi mode? . I am also applying through asba but have not got allocation from last 15 ipos. I feel upi has better allotment chance. Is it true?

@Jonsnow: First thing, whatever the mode you are applying, the allotment chances will be same. There is no preference at all based on broker or mode of applying.

1 lot allotted in 7 Retail applications.

1/3 cargosol
0/3 insolation
0/3 Concord
0/3 Cargotrans..
Finally luck opened..

insolation 1/1 - retail (appl no 2400024070023210)
Cargosol 1/1 - retail (appl no - 2400024014007052)
Concord 0/1 - retail
Cargotrans 0/1 - retail

2 out 4 ... didnt expect luck would favour this much.....

someone pls guide me about above two allotments as to sell for listing gains or hold for short/medium/long term(s)

also planning for 1 bNHI and 3 retail applications in Electronic mart India IPO....

Kismat ho toh aisi, warna na ho....hum toh bas block unblock khel rahe

Congrats sir...kya luck hai apka

Anyone got allotement in third party asba or upi applied account?.. Plz help in this issue

Yes for me Allotted from SBI Third Party.

WHat is SBI 3rd party cutoff time for SME and Mainboard IPO?

Shahukarbahi, avenue sir, nooral sir, monstor zero sir, mravi sir..
I got 1 lot but i have not and Knowledge about this company.. So plz share ur view..

The successful applicants are very lucky as this issue was oversubscribed by 55.43 times and NII - 84.61 times. The issue was very small and it's for only 27.00 lac equity shares only. The issue price 28/00 which is also very favourable and reasonable. The valuation of the company is also very attractive. The company deals in Logistic sector which is also in good demand due to very supportive policy laid by t he GOI recently. The company's turnover is also above 200 Crores which is also very encouraging particularly fo r SME. Net profit is also very very good. Lastly there were only 675/ lots for the allotments and if anyone who got this allotment is really really super 🍀 Lucky. Isn't it?

This stock having good capabilities and can be +75 over short/ medium terms . I will tightly hold this 🌑Dark Horse🐎 for fantastic results.

@Maria....Good analysis...it can double ....your money

Now Bad luck, but trying continue will open the luck

0/2 Insolation
0/2 Concord
0/2 Cargosol

0/1 Insolation
0/1 Concord
0/4 Cargotrans
0/4 Cargosol
0/3 Cyber..
Bad luck continues...only hope is STEELMAN(4 app) & FROG(2 app)

Got 1 of 4 Retail Applications...

Another One Gone
No Allotment

Check Allotment It's Out

How much application sir?

4 Retail
1Hni