Jana Small Finance Bank Limited IPO Message Board (Page 2)

Shares are not yet credited to my account.
Is this happen to anyone.

Andhra Pradesh Andi . Where are you from sir

​@Jana 
I am from MP.
I have there in undivided AP, now Telangana for 3 years.

It's alomst the end of the FY and I anyways needed to carry out some loss harvesting shinanigans to reduce the STCG liability. So I sold the lot in one account and bought in another where I hadn't been allotted, thereby saving 15% of the present day loss in this scrip.

​@Nothing New  I am sure people with positive minde set like you will survive the market in long run . If one opp is lost fine another one 👍👍.
Good luck dear

​@Rakcyt  Thanks! brother

Bought few @375

Can it ride towards UC today?

Samjho ho hi gya 😀

​@newgen consultancy @Noorul @Tejas Pandya Can I hold jana or book loss please guide

This will cross Rs.400/ mark before the end of this Month

The problem with Retailer is that they think market will move according to them, but market is brutal. So one must also be brutal with their approaches. If you are a short term trader or swing trader strict SL is a must. Saving capital should be priority at the cost of little or no profit.
Some people becoming Long term investor in JANA because it didnt perform well on listing , there are far superior stocks available for long term in comparison to JANA ,
But the psychology is what makes the difference in long term, not blind investing

Far superior stocks too flunk. Case in point? HDFC Bank. One can't decide on the basis of the trading on day 1. Day 1 has different forces affecting the price action, some in an uncontrolled manner. HNIs who throng to exit and operators who stirr up panic. So capitulation ought to happen. Saving capital is good but not so good if one chooses to ignore the fundamentals. It's not that bad. It certainly has far better ROE and ROCE than the likes of AU and Equitas and still trading at less than half their P/ABV. Why would one sell? Or why would one apply in the first place if they have to sell @ 12 % discount to the acquisition price? That makes no sense. None at all.

Thinking of holding it, I trust this bank

​@Unlucky investor Liked this attitude. Self conviction is what matters most to be successful in the market. Good Luck 👍

​@Chhote Lal Thank you. There is always higher risk in financial companies. There is no SFB in my portfolio. Maybe it's destined to be. Would have been happier if listed in green, It's already down about 11%, so obviously I'm sad. But my first allotment after a long time so holding it. As its just one retail lot and well within my risk tolerance. But everyone's position will be different, take decisions accordingly.

No one in the markets is clairvoyant. I pity those who're mocking the investors who are currently in a loss.. It's not even funny. Anyways, at the moment it's available @ 1.33x ABV. 462 Cr of the IPO proceeeds would be deployed for lending which would increase the loanbook and decrease the need to raise capital via debt. Those who can hold for some time would certainly be rewarded.

Finance bank won't give good returns in past as well. Expecting are ipo with small price....

Negative listing on cards. Pre open price indicates 4% discount. Let's hope situation changes post listing. Good Luck to all the allottees 👍

Discount increased to about 10%
Do you think it is attractive now or should one wait for some more downside to consider entering this counter?

Booked loss at pre-open here as well.
So far 2 allotments (Epack & Jana) this year and both listed at discount.
My simple strategy in discount listing IPOs are exit at preopen (except a few special cases).

Same here @SOAM . Loss in both IPOs in 2024, 1 lot only. Yet to make profit. 2023 was very good. Hope things will improve.

Kamzor dil wale, 9:40 tak screen na dekhe. #JanhitMeJari

​@MVP Agle 1 month Tak na dekhe 😂😂
Sabka Jana ho gaya

जना का तो जनाजा निकल गया..

Kfintech thank you kuch na krne ke liye 🤣🤣 ( for not giving allotment in this)

Eat 5 star do nothing

​@MaheshJain Jana ne sabhi alloted ko Jana kar diya
Eating 5 star do nothing
Wait and watch jana

Holding RASHI and JSF bank both till result/GMP or worst case till IPO price.

​@JSK✨ In with you on this one sir, holding Rashi and Capital SFB (which so far has performed better than Jana)

Luckily quick and good recovery guys!

Thanks kfintech for No allotment in jana 0/5....

Incase selling intensifies with maturing day, jana small finance bank is a lower circuit candidate today. Lets hope for recovery during the day which is invisible as of now.

I think we should hold it. At least 10% returns are desirable

HODL

what shold we do...hold or sale...plz suggest

396 on NSE