One of my friends is running a startup. This is also a AI enabled drone solution company. They are keen to explore the SME IPO possibility. Where can they find out more information. Any guidance or advice will be highly appreciated.
286.1. Kapz| Link| Bookmark|
January 2, 2023 11:03:48 AM
IPO Mentor (600+ Posts, 200+ Likes)
@Rajesh, Chittorgarh team will be able to help. Here’s the link- https://alpha.chittorgarh.com/leads_sme_ipo_lm.asp
Please guide us what will be good levels for profit booking in drona? Your guidance is very fruitful to us always.
282.1. lokes| Link| Bookmark|
December 28, 2022 7:40:25 PM
IPO Guru (4300+ Posts, 5100+ Likes)
@anupAG: initially if you want to book profit then 145-150 levels may be good where it may see some break on current ongoing UC's.....or if you can hold for long term then better hold for around 6 months to 1 year for targets of around 250-300 (if they really can show some growth in revenue/profits as per expectations in coming quarters)
Founder of Droneacharya, Prateek, messaged me y'day, post IPO response.I only said "Son, this is just the first 10 mtrs of an ultra long marathon. Baton is now in your hands. You can't pass it on ever. Run!" All VCs, All Bankers regard an IPO as End of Race. I don't. Shankar Sharma
280.1. Scrip| Link| Bookmark|
December 28, 2022 12:24:25 AM
Top Contributor (400+ Posts, 200+ Likes)
What's ur expected target?
280.2. lokes| Link| Bookmark|
December 28, 2022 7:36:02 PM
IPO Guru (4300+ Posts, 5100+ Likes)
@noorul: yesterday volume was 70K only means 35 people were able to buy out of so many pending orders, around 16-17lakhs.....so how did you managed to buy yesterday? via amo order one day before or placing order at 9.00 am exact yesterday ?
@lokes.. I put at sharp 9.00 am and luckily got 1. Although it was a very rare case.. won't repeat easily again. Circuit looks very strong. Will hold it for few months or may b year.
Just for information People who applied for 36,39, 43, 52, 55, 58, 65, 73, 77, 78, 85, 86, 87, 102, 104, 107, 110 lots and many others did not even get a chance to be in the lottery..... How unfortunate. Wonder if mainboard method should be applied here as well...
Droneacharya will be earning an eps of rs 8. Per share if we expand same kind of return as per last year. Last year company was working for only 4.5 months. This IPO funds will be utilized for drone manufacturing. Key areas of company are 1. Training drone pilots in India and as well as everywhere where in world. For this company has already received license for training drone pilots 2. Manufacturing drones. 3. Company has good tie up with defense. 4. Also working for IMF for forestry and agriculture. Besides all these I personally has invested in this company seeking atleast more than FD returns in next 3 years. Other marquee investors have also invested. Drone sector is a sunrise sector and government of india is promoting Indian manufacturing. My investment may go wrong as this is a future looking outlook. Currently market cap of company at 107.1 price is approx 250 crores. I am always looking for these type of new small companies which can grow and create wealth for investors. If investors have name of the same type of companies in india then please share the name. I will look into it and invest if extra funds available.
Sir Try this company . Aerosight technologies private limited . Soon they will be launching IPO. They are doing very good in manufacturing made in India Drones . Very hardworking startup. They are best in class for Drone technologies. company website www.aerosight.in Very good ROI for Investors looking to invest in drone company based out of India.
No bulk deal ( sell or buy ) Still 27L shares traded ...how is this possible ? I remember in short time all sell orders absorbed and there was strong uc ( who bought those ? )
@takamichi What's your view on JFL Life @30 is it good bet to buy for long term? Also suggest some good SME for long term.
271.4. Romy HNI| Link| Bookmark|
December 23, 2022 10:51:01 AM
IPO Mentor (500+ Posts, 400+ Likes)
One cant decide on pre- market buyer seller bids...they are most of the times misleading......
271.5. lokes| Link| Bookmark|
December 23, 2022 1:03:57 PM
IPO Guru (4300+ Posts, 5100+ Likes)
@alwayslucky: risk reward ratio is very good in jfl now from these rates, it may take some months until next results, but around these 31-32 levels, its a good buy for medium to long term but still better to have some stoploss around 28-29...
@lokesh sir, Thanks for suggestion to buy JFL. What's ur view on Ambo agritech holding some lots @32 kindly suggest exit level and SL if possible.
271.7. lokes| Link| Bookmark|
January 2, 2023 3:29:58 PM
IPO Guru (4300+ Posts, 5100+ Likes)
@alwayslucky: you may book profit in 1 lot around 40-42 levels to avoid any risk....and hold other for some months for 48-54 target....keep some stoploss around 35...i sold my allotted lot at 39.5 after some days of listing.... its west bengal based food company so not sure about good growth here since mainly its a regional player....
UC.... More than 23 lakh out of 45 Lakh available already traded.... With T+1 settlement, will this circuit sustain? It's a long term make or break stock story. Will hold for 1 year or more.... 250 cr MCap already.... Shift to mainboard may be earlier than thought.