Seems like opening around 35k premium. One should hold it considering very high Roe and Roce. Only problem right now is too many IPOs. Many Investors shifting money to new IPOs and booked profit on listing day itself. In all recently listed companies Only very strong company like Meson is performing well rest Kahan, pramara, jiwanram all are struggling due to fund shortage.
Good volumes happening in Ahmedabad & Rajkot between 33 to 37. I had checked in the morning today. Ahmedabad based Organization & Strong Lead Managers BeeLine capital, has all the necessary ingredient for a good listing. HOS that kody is a dark horse among three IPO which closed on the same day. Should show some sparkle on listing. Best wishes to all allottees.. cheers
How you collect these data? Do you think GMP will sustain in this volatile market? Another point to note is that 3-4 ipo's will list on same day so demand may fall.
If one has access to grey market, these are easily available. In sme as issue size is small lot of it is can managed...hence the lead managers are given lot of weightage in sme. Rest there are lot of good ipo mentors, experts and Gurus on this forum who can guide you better.
@Sathvik Congratulations on your first allotment. Sme listing are difficult to predict as compared to main line ipo..the chances of negative listing would be less then 10%...the way it's shaping up it should show a 15 to 20% jump. Since it's your first allotment i would like the experience to be pleasant for you hence no harm in booking profits in the preopening session itself. All the best.
0/9 all retail application, lagta h 2023 m kismat hi kharab h
59. MVP| Link| Bookmark|
September 23, 2023 2:43:33 PM
IPO Guru (1300+ Posts, 1000+ Likes)
Got 1 in 15 lot HNI application.
58. Not Smart| Link| Bookmark|
September 23, 2023 2:23:57 PM
Top Contributor (300+ Posts, 100+ Likes)
Dilip Davda while advising to avoid the issue made one final positive Comment "This is the 18th mandate from Beeline Capital in the last two fiscals (including the ongoing one). Out of the last 10 listings, 1 opened at par and the rest with premiums ranging from 0.39% to 85.71% on the day of listing. " And for me this is the first occasion going against his advice and got one allotment , eagerly waiting for the listing day.
In SME ipo there is no Small HNI Or Big HNI Category. 1 lot application will be considered as retail and more than that it will be considered as HNI application.
Got SME IPO allotment for the first time! 1. Is there any possibility for this ipo to list at discount? 2. What could be the date of listing? 3. Can I sell my allotted application before the date of listing? if yes, then please provide me with details.
Thanks & Regards
47.1. Sandapaul| Link| Bookmark|
September 23, 2023 7:39:02 AM
Top Contributor (200+ Posts, 100+ Likes)
SME IPO ka time gaya ab, most will list flat or at discount now, as so many are coming leading to lower interest and lower buying after listing
Abusive language
47.2. Not Smart| Link| Bookmark|
September 24, 2023 6:48:31 AM
Top Contributor (300+ Posts, 100+ Likes)
Don’t worry , listing will be with a premium and listing date also may be pre-phoned to 26th probably