Ha Ha... it is always happening to me. Need some expert advice on when to sell
311. Liger| Link| Bookmark|
November 17, 2022 9:03:29 AM
Top Contributor (300+ Posts, 500+ Likes)
Why Retailers and GMP often fails to identify true potential of good companies like Sona Blw (Retail 1.5), Gland Pharma (Retail 0.24), Ruchi Soya FPO (Retail 0.9), Metro Brands (Retail 1.1), Aether Industries (Retail 1.14), Global Health (Retail 0.88) ??
311.1. Crow| Link| Bookmark|
November 17, 2022 9:45:00 AM
IPO Mentor (700+ Posts, 900+ Likes)
Glad to admit that I applied and was allotted in most of these. Couldn't apply in Gland Pharma as I was not in the country. Didn't apply in Metro as I don't understand footwear business.
To answer your question, a lot of my peers play the herd mentality game. They don't do any kind of research and just depend on brand name and GMP. A friend of mine recently skipped Bikaji because he thought GMP was low. I mean, I told him it's worth taking a shot at his age (29) because 20 years later he won't be able to take that risk. The key is to minimize risk not avoid it. That's equities.
Reminds me of a time recently when Hariom Pipe and Syrma gave bumper profits on listing day closing and everyone around me were salivating. Sometimes there's no point in suggesting these IPOs to your peers. They consume all sorts of noise online and base their financial decisions on them.
311.2. UjwalG| Link| Bookmark|
November 17, 2022 11:11:58 AM
IPO Guru (1000+ Posts, 500+ Likes)
I want to add a point that, i think when these companies were raising through ipo, these were not the only ones in that period examples: sona and shyam metal , both the ipo were open on same day, shyam metal had very high gmp and sona didn't. Hence low retail subs. sona surprised everyone on listing even uc was there i think. As crow said we should not rely on gmp always. Little bit of research on company gives much more cofidence than gmp. Same thing happened in medanta
Excellent point liger and completely agree with ujwal, medanta was big issue with 35% retail quota, people were after the much hyped bikaji due to higher GMP that time , a 500 cr issue with 10 % retail portion would have been subscribed by 4 times or more with this number or application received by medanta and yes risk is rewarded handsomely in Ruchi soya medanta and sona as well ...even the ones gone with bhni had shares worth 10 lakh easily and 33 % return in that is amazing . Sure shot allotment in bhni and such return . Risk he to isk he in real sense
Pls add five star business finance as well in the list ☺️
311.5. jajo| Link| Bookmark|
November 17, 2022 10:36:47 PM
Top Contributor (300+ Posts, 200+ Likes)
Out of the 8 main board IPOs of this month, I think companies with known brands like Bikaji, Medanta (Global) etc did better on listing. Similarly Rustomjee (Keystone) and possibly INOX are likely to do better on listing day.
@jaga either answer the query or keep mum , if u know that rainbow and global are peers than u should also know the pe of data patterns or even HAL , anyway don't ask me to compare this and that do it urself and guide the perosn who has asked
@jaga over valued shares has no sector they tend to correct 10 -15 % from the high very easily .. if market crashes it may come to 365-375 level which is good level to enter for long term .. thays my rationale for the price
@DIVYANG ITO Chill bro i was just curiously asked bcoz of current market trend and past performance of Rainbow expecting a higher range in rainbow thats also soon
Applied 3 lots each in Bikaji and Global. In Bikaji no allotment. In Global full 3 allotments. Very first day itselft applied 3 lots in Bikaji. But, First i thought to apply only one lot in Global. In last minute decided and applied 3 lots. Now in Bikaji less than 10% profit. But Global given me 25%, 30% and 35% profit in 3 lots. Market unpredictable.
308. SSingh| Link| Bookmark|
November 15, 2022 4:26:28 AM
IPO Guru (1400+ Posts, 800+ Likes)
Seems like ₹400+ listing and within 1-2 months should cross ₹500 as well… All the best to allottees. Don’t sell in rush!
308.1. SSingh| Link| Bookmark|
November 16, 2022 9:29:56 AM
IPO Guru (1400+ Posts, 800+ Likes)
Best prediction with 99% accuracy.. All the best who are holding and congrats who sold. This should be 1000+ within 1 year so hold if you can! Haven't sold a single share yet. Weak hands are already out.. Kal FIIs ki list dekhna.. sab jabardast tareeke see maal bhar rahe hain 401 pe! Check the market depth...
308.2. PeterEngland| Link| Bookmark|
November 16, 2022 9:46:45 AM
Top Contributor (200+ Posts, 100+ Likes)
Best Prediction ever Singh saab
308.3. SSingh| Link| Bookmark|
November 16, 2022 10:25:42 AM
IPO Guru (1400+ Posts, 800+ Likes)
I Have 616 share can I sale it used money for Keystone Realtors Limited or keep for long time ( not need money now , sale only for keystone IPO) please suggest
308.5. SSingh| Link| Bookmark|
November 16, 2022 10:58:21 AM
IPO Guru (1400+ Posts, 800+ Likes)
Retailers fail because they don’t hold profits. Please don’t sell. Keep a stop loss at ₹401 now! Aapne ghabrana nahii hai! 👍👍
308.9. SSingh| Link| Bookmark|
November 17, 2022 2:40:13 PM
IPO Guru (1400+ Posts, 800+ Likes)
Approx 60% of IPO shares have gone to strong hands. It might consolidate near 412-424 range but this is bound to cross 500 within a month! I'm holding approx 5000+ shares with a strict stop loss of 400. Sit Right, Hold Tight! (Motilal Tagline and they bought this gem themselves..) Cheers...
308.10. SSingh| Link| Bookmark|
November 17, 2022 3:02:59 PM
IPO Guru (1400+ Posts, 800+ Likes)
Ipo applied by UPI mandate comes under third party investment?because my application was rejected due to third party investment in medanta Ipo.Got mail today
If the UPI I'd is not linked to bank account of the applicant then yes, system is smart enough to catch you. As UPI bidding is automated. With asba net banking, it's manual uploading hence people get by with 3rd party applications.
Use SBI asba ..for 15 accounts. You need atleast 3 sbi accounts. 1 sbi account allows you to apply 6 applications 1 UPI application in name of account holder + 5 asba applications as 3rd party. Soon this feature will be eradicated, until then enjoy the benefits
MOTILAL OSWAL MUTUAL FUND A/C MOTILAL OSWAL LONG TERM EQUITY FUND Bought 36,30,000 shares @ 401 NOMURA INDIA INVESTMENT FUND MOTHER FUND A/C Bought 15,00,000 shares @ 414.57
People of chittorgarh and fellow new comers... It is my astute observation than if you see these names under bulk deal on a new listed IPO, then be assured than they play only 1 part i.e to hold and support share price at a particular point. They could be hired or they must be doing it for trading purposes, but yes these securities do play a large part in holding shares prices For atleast first 3 days after ipo listing.
Names as follows
GRAVITON RESEARCH CAPITAL LLP NK SECURITIES RESEARCH PRIVATE LIMITED TWO ROADS TRADING PRIVATE LIMITED MUSIGMA SECURITIES GOLDMINE STOCKS PRIVATE LIMITED NAMAN SECURITIES & FINANCE PVT LTD
After a few days the share price tends to fall and people are stuck. Just an observation, not an acquisition.
@Monster Zero i have 100 shares of mirza international at 278 i want to add 100 more is 260-265 on the charts what is the lowest price i can accumulate it for
302.2. pRACE| Link| Bookmark|
November 16, 2022 2:57:21 PM
Top Contributor (200+ Posts, 100+ Likes)
Hi cab you share some name of ipo's where you have observed such things so we can understand its behaviour on share price. just for our understanding and infomation.
Right bro , so what to do ... One of my friend has got 200 shares at 416 of global health medanta , i hold only 2 lots of it currently though ...what's ur strategy of 2.5 days in this
@harry Potter...put gtt order at your desired price and leave it As Per my experience it should not breach 256...
302.6. pRACE| Link| Bookmark|
November 16, 2022 3:38:57 PM
Top Contributor (200+ Posts, 100+ Likes)
yes checked the same on it. they have identical buy and sell qty at same rate, so looks like they do fake trading just to make us fool on total volume side...
302.7. jajo| Link| Bookmark|
November 16, 2022 10:49:08 PM
Top Contributor (300+ Posts, 200+ Likes)
@Monster Zero, Your observation is correct and it gives a good idea about the organised demand for price prop up thereby trapping investors. Thank you.
301. PLAZA| Link| Bookmark|
November 16, 2022 2:22:21 PM
IPO Guru (1700+ Posts, 1100+ Likes)
@Monster My application was rejected due to third party investment Ipo applied by UPI mandat comes under third party investment?.Got mail today from kfin
Before I placed my order...i compared it to rainbow children's hospital... Looks like rainbow is a better buy due to similar p/e and higher margin. I just placed order for a small swing