Mazagon Dock Shipbuilders Limited IPO Message Board (Page 2)

778. rsk |   Link | Oct 13, 2020 9:11:29 AM
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
Garden Reach @ 200 is trading at 13PE. Mazdock @171 is trading at 7PE.
Mazdock has much superior competency/skill set compared to Garden reach.

NII's who have secured funding/Finance, got very little allotment (6.78 Cr invested would have got 600+ shares only), with requirement that these ppl need to clear trade on listing day in order to avoid extra interest burden (which is already more than normal due to public holidays etc)
There was rush to exit. May be happen today also to some extent.

Please use your own judgement as usual.
ipo share
778.1. ipo share |   Link | Oct 13, 2020 12:05:57 PM
IPO Mentor IPO Mentor (700+ Posts, 500+ Likes)
But Cochin shipyard is trading at almost same valuation as Mazagaon.
778.2. rsk |   Link | Oct 13, 2020 12:21:21 PM
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
Yes. Cochin is under shipping ministry, (not defence like mazdoc, garden) not like apple to apple.

With atmanirbhar keyword its different.
Although its true that shipping stocks are out of favor worldover.
777. AjayKMali |   Link | Oct 13, 2020 11:36:21 AM
Buy quantity 33 Lakh
Sell quantity 8 Lakh
777.1. NforNandkishor |   Link | Oct 13, 2020 11:57:40 AM
IPO Mentor IPO Mentor (600+ Posts, 800+ Likes)
Now 18 lakh buyer 10 lakh seller. It's 3 days greenshoe option is working for MAZDOCK.
IPO Mitr
776. IPO Mitr |   Link | Oct 8, 2020 11:48:05 PM
Mazagon timing seems to be to exploit current geo-political environment around our country


Suggestion: Do not carried away in euphoria around this public condition. Act based on your own risk profile and liquidity situation.
IPO Mitr
776.1. IPO Mitr |   Link | Oct 13, 2020 11:44:12 AM
Some of us got lucky by grace of god and felt that they are above anybody else. There were ample indications that stock will help lower quickly but we did not sell. Now we are blaming cheating by others which is nothing but an attempt to satisfy our own ego.

There is a "Greater Fool Theory" which is applicable to Equity asset class well:

In finance and economics, the greater fool theory states that the price of an object is determined not by its intrinsic value, but rather by the local and relative demand of a specific consumer. In an inflated market, a consumer, despite having broader market knowledge might pay an inflated price because of their needs and the local related-market value. Another consumer relative to their needs and assessment of market value may deem the price excessive. Thus to one consumer the commodity has a greater value than to another making the former look like a fool to the latter.

Unfortunately, in case of Mazagon some of us proved to be the biggest fool who were not able to find a greater fool to sell Mazagon shares too. We need to blame ourselves no one else for turning out to be the Greatest fool at least in the short term.
775. AKMP |   Link | Oct 13, 2020 11:15:13 AM
Sell it or it will become forced portfolio share.
774. finwiz |   Link | Oct 13, 2020 11:14:57 AM
Mazgaon port dipping in sea
Cautious ipo
773. Cautious ipo |   Link | Oct 13, 2020 10:56:15 AM
IPO Guru IPO Guru (1700+ Posts, 1000+ Likes)
May dip below 150 today
How subject to premium was 12000/- ...who said gmp was 200/220 ...who said listing at 360/370...

This all activity was to make retailers fooling trapped ???
772. jhoonjhoonwala |   Link | Oct 12, 2020 7:06:55 PM
Can Mazgaon Open in LC tomorrow? If so, then how will panic sellers sell?
Rahul Popat
772.1. Rahul Popat |   Link | Oct 12, 2020 11:44:42 PM
Top Contributor Top Contributor (200+ Posts, 400+ Likes)
No LC tomorrow...
Ankur Goel
771. Ankur Goel |   Link | Oct 12, 2020 10:50:14 PM
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
History repeating itself. Same happened with cochin shipyard. Demand & grey market were high but listing was not as per expectation. PSU specially defense stocks have same fate.
Bhavesh Prajapati
770. Bhavesh Prajapati |   Link | Oct 12, 2020 4:37:53 PM
Still blocked amount in icici /upi
Mohammed Aqdam
770.1. Mohammed Aqdam |   Link | Oct 12, 2020 10:19:52 PM
Same here...citi bank...application showing rejected by investor...can anyone please help me, what should i do?
Sachin Sarda
769. Sachin Sarda |   Link | Oct 12, 2020 10:13:37 PM
Look at Ongc 350 to 70 Bhel 200 To 28 .Ioc 250 To 80 Ntpc 350 To 85. List is so long No one is interested in PSU
Sachin Sarda
768. Sachin Sarda |   Link | Oct 12, 2020 10:10:10 PM
Ipo Party is over now
767. Deepanvicky |   Link | Oct 12, 2020 7:24:04 PM
Hi Friends,

I am new to stock market and still learning the market. Mazagon Dock IPO is the first IPO i applied for and i was allotted one lot in retail segment.

I was very excited to see Mazagon listing today as this is my first IPO. However, During the pre open market hours i.e. 9 AM to 9:45 AM i oberseved there was lot of bulk sell order placed for much lesser price around Rs.110 than the issue of Rs.145.

I am not able to understand why when someone brought the shares @145 and wanted to sell them around Rs.110. Can anyone please help me to understand the logic behind this.

Cautious ipo
767.5. Cautious ipo |   Link | Oct 12, 2020 8:38:54 PM
IPO Guru IPO Guru (1700+ Posts, 1000+ Likes)
Very easy question. ..if you want to put sell order during pre opening , you have to bid at lowest price..and if you want to buy then bid at highest price...
Have Faith
767.6. Have Faith |   Link | Oct 12, 2020 9:47:50 PM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
@Caution ipo ji selling at low and buying at high ...pls explain ....smj nhi aya ...pls also tell how to decide price to sell at pre-open because 10 AM price goes down suddenly not able to sell..pls tell
766. goutam |   Link | Oct 12, 2020 6:56:55 PM
Why it is going down ?

1) recently it is experienced that after listing at huge premium ... the listing gain gradually goes down day by day

2) mkt is nearly record high ...Any time a general correction may takes place

3) @ psu ...Govt selling PSU.. it is not sure govt will not bring ofs next year at discount price

4) psu @ all mini ratna /bharat ratna psu breathing on death bed...bhel sail hal hmt bsnl mtnl etc
(Quoted an expert from tv show)
amit K singh
766.1. amit K singh |   Link | Oct 12, 2020 8:53:19 PM
IPO Guru IPO Guru (1000+ Posts, 1500+ Likes)
Also, psu = no growth + white elephants all over...
Cautious ipo
766.2. Cautious ipo |   Link | Oct 12, 2020 9:40:36 PM
IPO Guru IPO Guru (1700+ Posts, 1000+ Likes)
Psu means.. secure job..few works..full rest... Corruption....like govt schools..
765. NforNandkishor |   Link | Oct 12, 2020 11:17:26 AM
IPO Mentor IPO Mentor (600+ Posts, 800+ Likes)
Sold 50 shares@214. Holding rest shares for better price
765.2. VALUE INVESTOR |   Link | Oct 12, 2020 2:31:54 PM (900+ Posts, 600+ Likes)
I think chances of going near issue price is more to induce more selling pressure. Also HNI/GMP operators may be unhappy and may short to break even due to disappointed listing.
765.3. NforNandkishor |   Link | Oct 12, 2020 7:16:09 PM
IPO Mentor IPO Mentor (600+ Posts, 800+ Likes)
Finally sold remaining 53 holdings @175. It's following foot steps of CHEMCON.

MAZAGON ka MAZA GONE????????????
P Patel
764. P Patel |   Link | Oct 9, 2020 9:52:16 PM
IPO Mentor IPO Mentor (900+ Posts, 900+ Likes)
Will this go to Chemcon way... ?
P Patel
764.2. P Patel |   Link | Oct 12, 2020 5:38:16 PM
IPO Mentor IPO Mentor (900+ Posts, 900+ Likes)
Well, it is going to Chemcon way....
764.3. jhoonjhoonwala |   Link | Oct 12, 2020 7:04:52 PM
It will. Indeed this getting available at a discounted rate cannot be ruled out
763. NoobPro |   Link | Oct 12, 2020 5:56:22 PM
MAZDOCK ko Non Allotees ki Panuati Lag Gayiii
763.1. jhoonjhoonwala |   Link | Oct 12, 2020 7:04:02 PM
214 pe kisi ne roka thaa kya bechne ko...Jab khudki greed hee itni hai to isme kya panauti aur kya luck!
Umesh Bhakta
762. Umesh Bhakta |   Link | Oct 12, 2020 4:03:43 PM
There are practically no buyers for the stock, is there any technical issue ?
IPO Mitr
762.1. IPO Mitr |   Link | Oct 12, 2020 4:08:56 PM
No technical issue at this moment.

No one will buy at Lower Circuit. Since there are no buyers and all sellers that is why the stock is at LC. It means if the circuit breaker was not put today by exchange, the stock would have fallen even lower today itself.
Asoke sarkar
762.2. Asoke sarkar |   Link | Oct 12, 2020 5:27:02 PM
IPO Mentor IPO Mentor (500+ Posts, 600+ Likes)
AbhI tel nikal raha hai . Fir Hawa bharega.
Dhan Ki Baat
761. Dhan Ki Baat |   Link | Oct 12, 2020 5:13:13 PM (500+ Posts, 500+ Likes)
Order without price lagao sirf quantity dalo. Ya lower circuit price pe order lagao. Order book check karoge to lower circuit price kya hai wo pata chalega, us price pe sell order daal do
Have Faith
760. Have Faith |   Link | Oct 12, 2020 4:18:23 PM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
How to sell ipo shares in pre open ....as I tried in chemcon and now mazagon but in both order gets rejected everytime .... security now allowed in pre-open market .....how other are able to sell in pre-open pls tell
Have Faith
760.6. Have Faith |   Link | Oct 12, 2020 5:02:35 PM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
Bhai 9 se 9:45 k beech m price tho pta nhi chlta h...order kis price p lagye ?
Ramiz Kochaliya
760.7. Ramiz Kochaliya |   Link | Oct 12, 2020 5:10:29 PM
Pre open me bechna ho to 9:00 se 9:45 tak market price set karke bech sakte hai
759. VPrasanna |   Link | Oct 12, 2020 4:29:27 PM
Mazagon only sellers no buyers