I got 1000 shares in IPO allotment of Nidan Laboratories, from the day it got listed its continuously touching lower circuit and observed an overall loss of around 55%, from past few days the share price has been slightly increased and it is fluctuating.
What should be done should I hold the stock for long term or sell @ loss around 30-40%.''
18.1. lokes| Link| Bookmark|
October 27, 2021 12:04:41 PM
IPO Guru (4300+ Posts, 5100+ Likes)
send mail to: admin@skylinerta.com write urgent in subject and tell them to unblock the funds. provide your application number or pan number to them. And in future if possible use ASBA only, there fund release will happen soon. And in upi also, try to use phonepe via some private bank if possible
write mail to bank and registrar both and remember 1 thing never apply from upi it stuck always as amount is also huge go for ASAB always releases on time
18.4. G J π| Link| Bookmark|
October 31, 2021 12:05:05 AM
IPO Mentor (1600+ Posts, 400+ Likes)
@B K I also felt the same for UPI with Google Pay with @okaxis UPI handle. In last 2-3 years, 3-4 mandates in total created issues out of approx 20.
@lokes, Tried PhonePe this time for UPI as you suggested in various comments, let''s see. Will share feedback once confirmed.
18.5. lokes| Link| Bookmark|
October 31, 2021 12:33:07 AM
IPO Guru (4300+ Posts, 5100+ Likes)
@G J : best is ASBA for sure since less hassle and faster unblock. But if we need to apply from upi to get more time, then i am using phonepe always atleast and till now no issues in applying, receiving/accepting mandate and unblock.
18.7. lokes| Link| Bookmark|
November 1, 2021 12:06:58 PM
IPO Guru (4300+ Posts, 5100+ Likes)
@ashish: notification will come in phonepe, then when you will open phonepe then pop will also come to accept mandate and it can be seen in profile -> autopay settings
17. ColdBurger| Link| Bookmark|
November 1, 2021 12:01:00 AM
IPO Mentor (1300+ Posts, 400+ Likes)
My demat is on cdsl via Zerodha. Is there issie if I apply in SME IPO? Can I sell on listing day from Zerodha?
17.1. lokes| Link| Bookmark|
November 1, 2021 3:19:44 PM
IPO Guru (4300+ Posts, 5100+ Likes)
@cold burger: yes we can sell sme ipos via zerodha, no issue....we can sell whenever we want after listing from mobile app or site.
17.2. G J π| Link| Bookmark|
November 2, 2021 9:51:24 AM
IPO Mentor (1600+ Posts, 400+ Likes)
You can even apply using UPI method for NSE SME from Zerodha. Like @lokes said, you can sell once listed, no issues in that.
16. Arca| Link| Bookmark|
October 26, 2021 8:09:15 PM
IPO Guru (1000+ Posts, 500+ Likes)
High valuation,If it is subscribed more than 20times will apply from four accounts retail. Since nse sme I can apply through upstoxx so no problem.
16.1. lokes| Link| Bookmark|
October 27, 2021 12:07:59 PM
IPO Guru (4300+ Posts, 5100+ Likes)
20 times is too much, as per me, it wont subscribe more than 2 times total, since issue size is too big 50 cr for sme ipo and there are 5 mainboard ipo during same time. Definitely wont go more than 3 times overall.
mainboard IPO allot hona mushkil hai, since bulk application goes from most of the times. january se leke abhi tak ek bhi IPO nahi mila main board ka :( sme wale milte hai toh 50-60% se zyada listing gains nahi milte
16.3. Arca| Link| Bookmark|
October 27, 2021 1:23:32 PM
IPO Guru (1000+ Posts, 500+ Likes)
applying at 3 times subscription is way risky with this high valuation I am just avoiding it . Are u going to apply? Do you guys @lokes @noorul @mravi suggest borrowing and investing in hni category ? Still now applying in rii only
16.4. lokes| Link| Bookmark|
October 27, 2021 2:01:22 PM
IPO Guru (4300+ Posts, 5100+ Likes)
@arca: we all using our own money to apply in hni category, not by borrowing. and at least i wont suggest borrowing money for any of sme or mainboard ipo. if you can manage around 4-5 lakhs then you can apply 4-5 lots in HNI category to increase your chances in sme ipo''s.
Btw for this nidan ipo, i am not sure now that i will apply or not, probably i will skip this one, since i am not convinced with ipo pricing and future growth here and due to big issue size, rest will decide later on last day tuesday 2nd nov. After covid, it may not show profits/revenue as per current/last year.
Its avoid candidate.. borrowing money for ipo these days can b prove very very risky.. not a wise decision to b honest.
16.6. Arca| Link| Bookmark|
October 28, 2021 7:59:53 AM
IPO Guru (1000+ Posts, 500+ Likes)
Thank you for replying @lokes @noorul, I can apply 4 lots but waiting for safer investment & sure return like prevest untill then only 1 or 2 lots. I usually don''t like selling at loss irrespective of how small it is that is the reason I hold car trade π even now.
16.7. lokes| Link| Bookmark|
October 28, 2021 5:56:18 PM
IPO Guru (4300+ Posts, 5100+ Likes)
@arca: as you mentioned : "I usually don''''t like selling at loss irrespective of how small it is " This is the topmost reason why most of the retailers are losing money in market (except this bull run) , they keep holding the shares which goes to loss after buying and due to emotional attachment that loss keep increasing and sometimes they need to keep waiting for many years and sometimes that price never comes back in some small cap type stocks...... So sometimes we need to keep our emotions away and need to sell in some losses also to cut away big losses. i have learned from my experiences and seen it as common problem with retail investors.
16.8. Arca| Link| Bookmark|
October 29, 2021 10:34:38 PM
IPO Guru (1000+ Posts, 500+ Likes)
@lokes absolutely true, I learned that in DHFL and I exited at Rs 47 , but I π¬ convinced myself that car trade is a good company and it had very good gmp also at first so holding itπ
16.9. G J π| Link| Bookmark|
October 31, 2021 12:01:19 AM
IPO Mentor (1600+ Posts, 400+ Likes)
@Arca, Not because of same reason, but i am also holding CarTrade 2 Lots. My reason: I was expecting this company to be of new generation and growth will be there with increased number of auto sales (people eventually buy new and sale old vehicles frequently).
But seems like, I was wrong in this one. I will wait for few more quarters results and confirm the same. Might add at lower levels also, not sure yet.
16.10. lokes| Link| Bookmark|
November 3, 2021 2:08:10 AM
IPO Guru (4300+ Posts, 5100+ Likes)
As informed in above message that it wont subscribe more than 2X in total, same thing happened, it reached even 1.8X due to retailers support only. IPO size/timings/sector were not promising to apply at all.
dr lal pathlabs acquire suburban diagnostics pvt ltd . at valuation of 1150cr e/v 18.5x of fy22 EBITDA OF RS fy2021 57cr this impact on nidan ipo ? what''s your view?