Get 1 lot ,after applying last several se ipo since September 2022,since it was very lucrative GMP, and highly oversubscribed. I was very happy yesterday ,even feeling lucky after getting one lot credited in my DP. But now I sold the lot at 125.15 at loss of more than 22K. Happy new year
The listing gets preponed, inspite of heavy subscription the discovery price is 15% lower...it's free trading in a tight band since morning..all these signs clearly indicate this is being controlled completely by the operators in conjunction with promoters..take calls as per your risk taking appetite...could surprise at either end in the days to come.
Sold with nominal loss.. No enthusiasm in buyers on first day. Such companies will keep coming from time to time.. be prudent and vigilance. Although wasn't convinced by company profile but got trapped by GMP.. that was running from promoters only. That's SME. Sometime its better to booked a mere loss.. that loss will remind you the lesson.
120.1. Learner SK| Link| Bookmark|
December 30, 2022 1:05:09 PM
Top Contributor (1000+ Posts, 200+ Likes)
unexpected listing
120.2. lokes| Link| Bookmark|
January 2, 2023 12:14:06 AM
IPO Guru (4400+ Posts, 5100+ Likes)
rightly said @noorul.... i was not able to understand why this poor company is having such a gmp and then good subscriptions followed because of gmp only....... in naturo indiabull also , similar way it was showing good sbt but then performed bad after listing and now more than half of issue price....
@Noorul and @lokes From this it's difficult to understand Share Market. Members like you also traped in this and booked loss. Not bad, booked loss timely. So, difficult for common investors to understand sub2 and oversubscription figures before applying. Have a nice time in New Year.
120.4. lokes| Link| Bookmark|
January 2, 2023 3:46:16 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@PKRAJ: i applied here just because of gmp even it was clearly visible as bad financials company and neither sector/future outlook was looking good but i was not allotted here so luckily i didn't had to book any loss here....i was not allotted in moxsh and arihant....and was allotted in uma , homesfy and rbm infracon.... Happy new year to you and wish you your first sme allotment soon...
119. Takamichi| Link| Bookmark|
December 30, 2022 11:29:37 AM
IPO Mentor (800+ Posts, 700+ Likes)
Has there been such high discount listing in sme with such high subscription? Haven't seen in these 2 yrs....
Today is the last day of stock market in 2022. At the outset I am not for education sector stock, whether good or bad. But, if you analyse the best performing SME stocks of 2022, you will find DD Sir avoid in most of them (specially top one). Having said that one thing is for sure that DD sir advice has paid handsomely in long run (though few exceptions are there).
118.2. Safe Bet| Link| Bookmark|
December 30, 2022 11:25:05 AM
Top Contributor (500+ Posts, 100+ Likes)
didnt apply ... thanks DD
117. gala| Link| Bookmark|
December 30, 2022 11:13:10 AM
IPO Mentor (500+ Posts, 200+ Likes)
Classic way of killing retailers ... A common trait when there is extreme participation of retailers ... We will have everyday LC buyers will come at 90 ... My assumption is promoter/operators/marketmaker played here sold their own holding which they own at cheaper rates
116. Kami| Link| Bookmark|
December 30, 2022 8:48:00 AM
Top Contributor (300+ Posts, 100+ Likes)
116.1. lucky boy| Link| Bookmark|
December 30, 2022 9:29:29 AM
IPO Mentor (1200+ Posts, 400+ Likes)
@Kami
listing gain ka chakkar
116.2. Kami| Link| Bookmark|
December 30, 2022 10:36:37 AM
Top Contributor (300+ Posts, 100+ Likes)
Did you got alloted? @lucky boy I got alloted 1 retail in homesfy
116.3. lucky boy| Link| Bookmark|
December 30, 2022 10:42:46 AM
IPO Mentor (1200+ Posts, 400+ Likes)
no,, i didint applyed
116.4. lucky boy| Link| Bookmark|
December 30, 2022 10:44:46 AM
IPO Mentor (1200+ Posts, 400+ Likes)
@ Kami uska impact homesty pe bhi aayega,, and i hope atlest bhav to bhav listing ho jaye,,, agar 2-3% bhi listing gain mila toah bhi chal jayega discount list hone se aacha hain kuch toah mila
115. NRI Investor| Link| Bookmark|
December 30, 2022 10:35:26 AM
Top Contributor (200+ Posts, 300+ Likes)
Really today Moxsha ki Prapti hui hai - Name sarthak kar diya Yeh Ipo ne.
Applied 6 retail lots. Thank God ek bhi nahi laga.
Abhi really Moxsha mila hai aesi feeling aa rahi hai.
114. lucky boy| Link| Bookmark|
December 30, 2022 10:15:59 AM
IPO Mentor (1200+ Posts, 400+ Likes)
maan gaye dilip devda jo ko,, issue subscribe 100x and listing -15%
Henceforth apply only those sme ipos which are oversubscribed more than 300 times on the last day at 2PM because 100 times ipos can easily befool if just see gmp.
111. lucky boy| Link| Bookmark|
December 30, 2022 9:28:08 AM
IPO Mentor (1200+ Posts, 400+ Likes)
100x subscriptions,,, -17% loss,,,,, kya ho gaya hain es desh ko,, saab listing gain ke iche bhag rahe hain,,,,,,,
fundamental bh toah dekho,,, saab subscription dekh ke ghag rahe hain
110. jay here| Link| Bookmark|
December 30, 2022 9:24:13 AM
IPO Mentor (700+ Posts, 600+ Likes)