Innovators Facade Systems Limited IPO Message Board (Page 1)

Did you get allotment?

No. I purchased today at 72 and sold at Rs.75.60

It's in T2T, intraday not allowed as per my knowledge

In an attempt to curb speculative trading, the National Stock Exchange (NSE) & the Bombay Stock Exchange (BSE), in consultation with SEBI, move stocks to the "trade-to-trade", "T2T" or "T" segment.

The move is a part of the preventive surveillance measure taken by the exchanges to ensure market safety and to safeguard the interest of investors.

In this segment, no speculative / intra-day trading is allowed and delivery of shares and payment of the consideration amount are mandatory. Each trade has to result in a delivery, even if you have bought and sold the shares during the same settlement cycle.

In the 'T2T' segment :-

> If you buy shares, you have to pay the money and take delivery.
> If you sell shares, you have to give the delivery of shares and you will get the money.
> No netting off is allowed, which means, if you buy today and and also sell today, the sell position will go in to auction, as you will not be able to give delivery, and you will have to pay a very heavy penalty.

One important criteria, is that, as on the review date, the security should be in 5% price filter band for at least 22 trading days. If a scrip does not meet this criteria, it cannot be moved to the "T" segment.

It must be therefore understood by traders, that the volume in this scrip is therefore all delivery volume, which is in fact a good measure of 'true interest' activity, to some extent. A high delivery volume could mean that a large number of investors are willing to buy and hold the scrip.

The "T2T' segment is not the worst segment for a scrip to be in. In fact you are protected with regards to price movement and complete speculation.The 'Z' group is the worst, and the one to be avoided. This was introduced by BSE in July 1999 and includes companies which have failed to comply with the listing requirements or have failed to resolve investor complaints or have not made the required arrangements with the depositories for demat of their securities.

Hi Rajkumar,
who is the broker of the trade? Ideally he shouldn't have let you do intraday on T2T.
You might get email from BSE asking for reasons why you performed intraday on restricted script. Please get some guidance from any experts/CA before responding.
I don't think you will get the money equivalent to the shares you sold intraday anytime sooner - until this issue is sorted out (assuming that the Data Warehousing and Business Intelligence System (DWBIS) fraud detection system identifies your trade).

@Rajkumar ji

Arrange delivery of shares sold today without allotted. Otherwise u have to face auction. Big penalty also possible and difference of t+2 also .

Get alert if really done intraday.

Thank You for all cautioned me for T to T. Without knowledge i bought and sold intraday. My broker said that whenever T to T counter places order it gives alert but Innovators counter does not give any alert so we performed intra day. Lets wait till monday whether the transaction settled or not.

Today my broker motilal clarifies with Delhi people and confirms it is trade to trade. I know what is trade to trade. But this counter i dont know whether it is trade to trade or not. Without knowing trade to trade this counter i performed. Cheque given for purchased shares. I cant arrange shares. So it will auction on monday after 1 pm.

i buy a lot yesterday can i sold my lot today

short sell to nhi jayega innovators

Good suggestions...

Agreed.
I lost out in allotment. Got couple last week. Hopefully get 2 more at good price next week. Company has a good track record and is sitting on 250 crore order book (if promoters are to be believed). They have a good moat and operate in a good belt in Pune-Mumbai. With the current outlook of market, its understandable opening. For me this is a investment. Long term 1 or 2 years, this will be multibagger. Fact Kedia is anchor investor suggest gives that extra comfort to me

Some of QIB offloaded on listing day was reason of poor listing and onward selling.
Now strong hands will probably come and stop further fall. I hope turn around from monday will be possible after panic sell by Retail, QIB and some HNI.
Take your own call. It is just my thought.
Any wxpert opinion welcome:.....

फ़साद की जड़ ???
Ha ha ha hhh ha ha

bilkul ye IPO gale ki fasad ki jad bn gya h 72 pe Open hokar

As expected, available below issue price!

This also going Akshar way. Already having huge loss in akshar.

2 more LCs coming... It should start normal trading around 62-64... Let's see..

SecTheta: Buying opportunity???

Yes my friend. It's a BUY..
Disclaimer: I bought today as well. ;)

Thanks SecTheta. I have added one lot today. Lets hope for the best.

Cheers! You can consider buying One Point as well. It should also start running anytime soon!!

Yes. Onepoint results announced are good. But no movement!!!. Also, all big players are out? I don't see any bulk deals from big MF/DI.

It's hard to predict the SME price movement but good stocks will always reward in short/medium and long term!

What are your thoughts about infobeans. Onepoint v/s infobeans?

@invetigator ji apn sale kr diye kya