121. lokes| Link| Bookmark|
March 12, 2023 6:01:56 PM
IPO Guru (4300+ Posts, 5100+ Likes)
In my view, listing here can be around 56-57 looking at company valuation and business type and future growth potential....markets will be mostly negative tomorrow as expected, so that may restrict very good listing....whoever allotted multiple lots may book partial profit if listing is good to reduce any further risk and rest keep holding for long term with stoploss around 49...new buying can be done if getting around 52-53...it won't list like srivasi in my opinion even if markets are not supportive
@KING VINOD-- It looks like you are most loved and earn lot of respect!! I am new members.. Thanks to you and your hard work!!!!
RHP in Right Issue 4 Promoters got the shares at 60rs... as per @noorul... did not get time as travelling... SO does this mean ..company is generous to offer shares at 51 rupees... less than 9 rupees....
Kinldy ENGLIGHTEN me... got 2 lot...boss and seening market SVB fiasco dont want to loose single pannyy
All the best for tomorrows listing and hoping for great listing. I am more confident now after, In-depth analysis of the company by @Noorul, Apply review by DD sir and King Vinod forecast on listing, the most respected and trusted member who has never misguided and always has an intention to help. The only thing which is now left is thoughts by MRavi who is as respected as King Vinod. Mravi if you are reading this kindly let us all know your thoughts on ITCON and its listing.
Few Positive : Lucrative valuation. 15 years old company. Significant growth in both Top and Bottom line. Small size ( 680 lots Free Float) Good Track Record of LM.
Negative: Competitive business (No Entry Barrier)
Overall a good candidate to Hold and even add on listing. Alloted few lots here. Had exchange of words with management.. They are confident for future growth and some acquisition too. Good Luck π€
@Noorul as you mentioned regarding the discussion with the management and the points you have drawn is quite encouraging. I am allotted and have sizeable lots, some other sources also confirmed that in 3 years time this company may give very good growth. So I may hold it for long term. I heard that some brokers specially from Gujarat are spreading negativity about LM and MM to benefit their short sell in the grey market. So all members please be aware of all such comments. Disclaimer: My views may be biased as I am an allottee, please take your own call after your own research and risk appetite.
@ Aditya .. I also heard such kind of activities here.. not sure what Impact they gonna make. But I want to draw the attention towards a big positive point that Amity Venture Capital has invested here.. It's a Global strategic Investor Firm and they invest in those startups where they foreseen multifold growth. They will keep invested here post IPO too.
Above points are only for knowledge purpose.. one should do there due diligence before investing.
@whistle Blower - market maker has allocated only 43 lot .. ( 43*2000).. so. Hope not much impact.. moreover itβs 1lac ipo and leaving this for longer term should not be an issue and moreover total size of this ipo is aap 7CR .. not a big one .. I am thinking to hold both lot..
Only sad part is IT is not in best space until nasdeq stablized .. I sold all except accumulating latent at 305zz
This is only concern.. if this investor is good .. then possibly will hold .. .. or selll one and hold another.. lot.. boycott negativity.. if all retailer stay.. united .. no one harm us .. unity is strength .. this is my view .. please devise your view a this is your money..
I just wanted to hear from @noorul .. what exactly did he speak with mgmt ? Any transcript willl be appreciated
@ Nilesh.. yes you are right.. Amity Venture took exit and they got back 40 times of their investment... And it's nature of investment.. one exit and one entered... and saw the RHP in Right Issue 4 Promoters got the shares at 60rs.
@ Ratna .. Everything can't be disclosed and shared here.. but I got to knw from my strong sources that Nikunj won't sell this time on listing day. So need not to worry about it.
@Whistle : Every company have few plus and minus points specially in SME segment.. I tried to display whatever plus and minus point I found here.. intansion is not to show the rosy picture to investors because I have invested here. I m very well aware of all the consciquenses if any thing goes wrong. So I believe one should do his own research and analysis before jumping in.. and take risk according to there risk appetite and one should not boil all his eggs in single bucket. IMO Overall I found it a Good bet to play on. It's just my views only no recommendation or promotion.
@Noorul iska toh band baaj gaya hai pura. looks like no one is interested in buying this share. what does the management think about this situation??? as you have previously contacted them , pls can u ask them this question?!!!
Trading members of the Exchange are hereby informed that the equity shares of ITCONS E-Solutions Limited shall be listed and admitted to dealings on the Exchange in due course.
Name of the Co. ITCONS E-Solutions Limited Scrip Code 543805 Symbol ITCONS ISIN No.INE0O6A01019
The date of listing and the details of the securities shall be informed through a separate notice.
For and on behalf of BSE Limited
Rupal Khandelwal Assistant General Manager Date: Thursday, March 9, 2023