Markolines Traffic Controls Limited IPO Message Board (Page 1)

My Little Research on Business of this Company

What is Microcrystalline Cellulose?
https://www.youtube.com/watch?v=7c6X7fxcnFs
https://youtu.be/rCLp625HYdI

World Leader in MCC Production is JRS Company having a branch in Gujarat.
Not listed on Stock Market
https://www.jrspharma.com/pharma_en/india/
https://www.youtube.com/watch?v=Ad1MbAc92yU

Worlds Top Producers
https://www.businesswire.com/news/home/20170925006191/en/Top-5-Vendors-in-the-Global-Microcrystalline-Cellulose-Market---Technavio

Indias Top Producers
https://in.kompass.com/a/microcrystalline-cellulose-for-pharmaceuticals/2314042/

Please add in replies if anyone knows more about this subject.

what to do with this ipo ?
I am stuck.
I can wait for year.
But can it cross IPO price ?

Same situation, will hold for a year max... Hoping to book only when crosses 10% gain. Lets wait an watch until results.
It''s a good company overall, won''t run away. ;)

Again its showing its colors, sell orders in market depth are too high in comparison to buy orders....
so many new ipos are coming so i think people will be needing funds and will be selling this....so selling pressure will be more than buying in short term.

It looks like operators will not let it go up until its results are out and operators are caught on wrong foot

such a worst share it became.....from last 4 days continuous going down 2-3% each day and other bad thing is that its closing always at day low price....

Yes. It is better to find a way and exit from this now.

Unless you want to book a loss, not easy otherwise

Isne to pura rula diya. It seems better to exit from this.

this markolines is trading so strangely.....looks like in controlled way....

Again its under performing today, i am tired and loosing patience in this, thinking to sell around 80 if it comes back today or on monday and come out of this.

@lokes I share your sentiment and frustration

Does anyone know when quarterly results for Markolines will be out for Sep quarter? Is there a place where there is a calendar for quarterly results that can be shared

@sacebdkg, thanks. I wasn''''t aware of this. I am very new to SME IPOs. In fact, very new to IPO as well. :)

@sacebdkg,
Thanks for this info, I dont know about this. so we have to wait until dec for all these SME''s IPO performances. 🤔

Thanks

just now touched todays high 81 & it seems that now its going positive ways first time after issue listed.

@sacebdkg, thanks. I wasn''t aware of this. I am very new to SME IPOs. In fact, very new to IPO as well. :)

No big movement from the last 2 days. Don''t know whats happening some people are very desperate to sell everytime it goes above 75. Too much selling pressure and not enough buyers in return. Just one 20% up circuit is required and I will be out.

Definitely, the price movement is abnormal. Its moved from 63 to 78.25 today. Lets see if it can close above issue price (for the first time)

Looks like operators want retail investors to get out of this. Looks like they are succeeding

Something cooking here

Hope a nice meal for all of us!!!

Risk se ishq hai dillagi nahi!!!!

I had purchased at 63.80, should I sell now or hold, T+2 time limit has been completed.
What to do @lokes

@GSMR: you can keep holding for targets of 90-100 in 1-2 months with stoploss of 69

This counter having bunch of operators playing the game with poor retailrs . But in Prevest, Having bunch of big investors . That is the difference I have seen of the both counter .

you still holding both lots ?....you told you will sell 1 lot between 71 to 75?
i think better to sell one lot above 75 tomorrow as if this trend continue it may come near 76-77 tomorrow and selling pressure will be more as it nears to ipo price

@ Lokes : sold one lot @73.25 today . If upper circuit tmr I sell one more lot . Remaining one lot I will keep it for some days . Holding one lot in Prevest denpro .

Looking at the price movements, orders and volumes in the stock it seems traders are benefitting from the large free float of the stocks and trading on daily basis. You can see same names repeating in the bulk orders on bse.

Looking at such volumes I think it will struggle to reach the IPO price as there are chances of Lower circuit any time in this type of free float.

Lets Hope something positive happens as we can''t do anything in the price movement.

after 2 days only we can sell after buying.....
ya there are many similar people/operators here and it looks they are exchanging shares in between them and taking price higher

I am learning a lot of things from this one.
There are pending sell orders, still UC is there.
Block deals, volume is also bit weird.

Everyday Bulk deals are taking place, just check the volume.
What does this signify ?
Should one continue to hold this stock...

Dear experts what is future of this script I m holding a lot

from today, buying orders were more than selling orders and it closed in upper circuit finally....there were some block deals also yesterday

@lokes, again today at UC, so I hope it will cross the allotted price in few days and give some profit. Once again I would like to thank you whole heartedly for your guidance.

Lets hope it reaches its issue price at the earliest n now it seems that again it has started its upward journey.

Unable to find this in Zerodha Kite, please help.

I feel these types of shares are very risky. Operators are running it, they might convert the upper circuit into a lower circuit the very next day with no buyers, and it can continue for some days which makes it difficult to sell and get out of it in profit. I am sure you both are very experienced so you are aware of this.

@cyberdude: yes you are right and ya we are aware about this...
same happened in markolines today....started in UC then towards LC, its one of big size issue in all recent sme ipos so continuous UC/LC should not be there atleast

Dont book losses. Wait for few months and it will be back on track.

Most of the retailers looks like have sold it. NII holding.

Almost End of day and mostly buyers. So positive side expected tomorrow

Up. Hopefully this stays for long

"Markolines Traffic Controls Limited (Scrip Code: 543364) shall be transferred from Trade for Trade segment (MT Group) to Rolling segment with effect from Monday, October 11, 2021. Accordingly, the dealings in the equity shares of the company will be shifted under M Group. " What does this mean? Can someone enlighten me on this?

@MVSMR, @Anand A,
Thanks for the info and search.

Its definitely a positive news for those holding this SME IPO.

@Anand, thanks for the information
@MRavichandran, thank you. I am holding the allotted lot and hoping that it will give some good profit once it settles beyond the listing price.

Apply or no please give suggestions

Avoid

Deep impact on other IPOs too..