KP Green Engineering Limited IPO Message Board (Page 2)

Dear members,
Anyone bought in the preopen?
Would like to know if there are any brave minds
to buy after low gmp drama and above expected listing.

22/03/2024      544150      KPGEL      ANKUSH KEDIA      B      841,000      207.40
22/03/2024      544150      KPGEL      BOFA SECURITIES EUROPE SA      B      350,000      209.66
22/03/2024      544150      KPGEL      LRSD SECURITIES PRIVATE LIMITED      S      276,000      200.00
22/03/2024      544150      KPGEL      RAJASTHAN GLOBAL SECURITIES PRIVATE LIMITED      S      277,000      200.00
22/03/2024      544150      KPGEL      VIJIT GLOBAL SECURITIES PRIVATE LIMITED      B      405,000      205.56

I am not a very regular contributor here but a regular visitor. I am writing this post to share my experience.

I was in little dilemma on the last day whether to go FF here or in Enfuse. Fundamentals were suggesting to go FF here but the real impetus came from the views of learned members, in particular @rohiitian 

Applied 16/16/1 lots applications and was allotted 1 lot after quite a long gap in SME.

As I have got my fingers burnt in past and stuck up n some scrips; exited in pre-open as the gain was in line with the latest GMP. Happy with what I got.

Thank you all and best wishes to those holding it tight.

​@Captain Curious  Congrats on the profit.
Credits to you too for taking calculated risk and ending up with handful of profit.
Keep applying good issues.
All the best

There is a remote possibility of opening @ 90 percent up ( being BSE share) i.e. 144 plus 129.60.

Something big is going to happen on listing.

Zabardast one sided buying by big brokers.

Lets see in pre opening. One should put his her trades after 9:35 after watching the screen.

​@Vimal Garodia Sir &
@RAVI KANT CA Sir
@SMEIPOONTHEWAY Sir
@Anuwak Sir

Thank you all of you for your encouraging words.

​@M Gupta Sir, please let us know your view for next week. How long it has the potential of moving in green.

Huge Demand

Look for constant UC!

Again, watch for constant UCs!

I hope it happens so. But this issue had good back up of analysts and consultants, I think retailers will be fooled initially with UC or opening around 200, they will be trapped first and then it will start falling down

​@Dhiraj Ramchandani Sir people usually forget that a scrip can not create wonder in very short term like becoming multibagger. But they will be impressed by recommendations of other persons who are allottees as well. In the whole show, operators will do their work with regular UC as they already accumulate good quantity for few days. They will then ditch the scrip and will movr on next scrip. Flippers are also playing their part. There will be known more flippers at End of the day bulk data. Since its a big issue, real investors will be trapped at higher prices and will sell at throwaway prices due to stuck in scrip. It is better to wait for cool down. Most of the shares touch their ipo price once in a time. This will also do in near term. We will enter then. We may say goodbye to kpgel till the time.

I hope that today's listing once and for all dispels the myth that "Big IPOs list poorly" & "LC is inevitable".

There have been numerous successes in last few weeks that everyone ignores, but this one is so big relatively, that ppl should now appreciate that even 180 Cr is peanuts in a market where daily liquidity is in the tens of lakhs of crores. Only thing that matters is demand & price, and this had both going for it.

​@GrayIsTheNewBlack Not getting comfort on DCG - products offered look very basic (mostly bare copper wires) so cannot be compared with the highly valued cable cos. Promoter also not giving any confidence in his interviews, unlikely to see good investors entering after listing; financials look good but chance of window dressing is high. Will skip.

Teerth is a better bet, due to massive order book (900 cr, on 100 cr annual revenue). Numbers are more believable here (water is higher margin), and they have won 3 big orders recently which means revenue for next 2 years is in place; also received huge advances against these orders. Asking price is steep at 14 PE - with K2 Infra, we saw it go up to 18 PE, but then hit 2 LCs after that. But there should be small gains to be had here. Promoter does not inspire confidence in interviews (maybe due to language barrier), so will exit asap if allotted

What's your take?

​@rohiitian - same, my inclination is also towards Teerth.
Last Indore based company allotted was Italian Edibles and you know what happened.
Apart from this order book and clientele looks good.
Low risk/ Low Reward bet like Vishwas.

Now - we have to decide if we are ready to take that chance.

​@lokes Any allotments/ preopen buying done in this? You think this is a good long term story?

Any possibility of LC in the next week or the first 10 days during st category ?

​ @M Gupta गुप्ता जी
आपने तो आज मोटा माल कूट दिया
अभिनन्दन , गजब किया आपने FF से ठोक दिया

पूरा बेच दिया या रखा है

आगे क्या करे ?

Fifty percent of my allotted shares were already sold in GMP average rate was around 40/- (started from 90 and sold till 25)

Remaining, all I am holding for short to medium term may be a month or so.

Thank you for your kind words.

Congratulations to all the successful allotees, all the new buyer who boight in pre open,

Enjoy the profit.

Regards

બે પાંચ લાખ ની મૂડી વાળા રિટેલર મિત્રો..ખોટા હવાતિયાં મારસો નઈ..આપડેજ રહી ગયા અને બીજા લઈ ગયા એવું વિચારી ને હૃદય ના ધબકારા વધારશો નઈ...નઈ મળે તો ચાલશે પણ લાખ ના ચાલીસ હજાર થશે તો નીંદર પણ નઈ આવે...સારા પ્રીમિયમ વાળા આઈપો ભરવાના..લાગે તો નસીબ અને ના લાગે તો પ્રયત્ન ચાલુ રાખવાનો...બીજા નું જોઈ ને કૂદકા નઈ મારવા ના...નહીતો લાગી જસો ધંધે..

​@Bhumika Meaning is Retailers considers weak hands.....as most are coming/applying for listing gain.......HNI for listing gain to medium trem....
QIB medium to long term........

So current volume is ~43lk+....which is equivalent to retail shares offered in IPO...

And counter is in UC with 25lk+ in demand...................so...........Short to Med term positive......................

189cr IPO in sme that too at 44 p/e.... 🤣🤣🤣🤣
LC on LC on cards

It will be just the opposite. Has very good demand in QIB and a very strong candidate for move to smallcap very soon. I think it is best to hold till it moves to mainboard

Allotment nahi hua tho ronekaa nahi beta... phir se try karne kaa :-)

NII (HNI) Shares Offered      1,876,000 (14.26%)
Retail Shares Offered      4,376,000 (33.25%)

Almost equal to retail offered shares changed hands...................
Look...........what ahead.....................

@IPOswami Can you please explain it in details?
what does it mean exactly?

Esteemed members kindly provide whether to hold for some days or exit because its a strong UC.

There are mixed opinions here but as per DD review, it is good to hold for long term.

Listed @ prem 56 🔥😂

I am not able to find this script in Zerodha. Can anyone facing same issue? What is the script name in BSE.

KPGEL

Itna sannata kyu hai bhaio.

Hows the Joshhhh 🔥🔥🔥🔥

Kahi ye Tufaan ke pahle
Ki Shari to nhi 🌪️🌪️😇😇

KP Green Engineering Ltd BSE SME IPO.
BSE Code:-544150                  
Symbol:-KPGEL
Group:-MT
ISIN:-INE0QVH01025
Issue Price:-144/-
Market Lot:-1000 Shares
Face Value:-5/-
Listing At:-BSE SME

30 buyer one way

​@Seth. Sir

Thank You for your kind words.

​@M Gupta 🙏😊