RBM Infracon Limited IPO Message Board (Page 3)

i am not able to buy now cross 48
my pray to god low to 48

😬 these kind of messages would surely be hated by the allottees. Refrain from posting such messages.

Around 60% shares were traded today with average price of of 52.00. Going for UC now. Congrats for all the allotees and double congrats to all who are still holding

Almost 50% of shares traded

Yes.. More than 50% share changed hands at an average price of around 51. Few weak hands are still there... after that UC for atleast 2 days

Totally agree with Imhilli, 13,23,000 shares got traded out of 23,25,000. Upper Circuit for today and next few days possible.

bought at 49.90

Sold all 3 lots at 52.5. Congratulations to all who go allotment for good listing.

sold rbm @52.5 in preopen

Congrats to all for 50K profit per lot

UC still pending

IPO SIZE का 40 परसेंट PRE ओपन में BUYER खड़ा है इसको राकेट लग जाएगा

Yes. looks like 25%+ listing and then UC.

IPO SIZE का 2/3RD PRE ओपन में BUYER खड़ा है इसको राकेट लग जाएगा FOR SURE

Best wishes to all for a bumper listing today

@Noorul, @MRavichandran Sir, @Lokesh, @MonsterZero, @Avenue, @SDZ are you planning buy in pre open? What price would you enter if you are planning to buy additional lots in preopen?

I was allotted one lot and hope to buy one more for long term if I can get it under Rs 50.

@Avenue: how are you buddy ? these days very less post from you, got busy somewhere ?
@niteenipo: i am allotted 1 lot here so i won't buy again at any levels since in sme's i don't buy more...

@Lokes.. thanks for remembering me. Yes life has become very hectic and I am unable to find time for CG discussions as often as I used to. Increased office workload and personal things are culprits. Good to see you and others are still able to find time to give fantastic estimates and help other members. I have learned a lot from you and other great members but now see many missing. I will try to participate more in coming days. Even your current projection of RBM will be spot on, just I fell it will list slight better than most think.
Best wishes…

@Lokes you gave a nice call on Pritika few days back when it was near issue price. What is your strategy ahead for pritika, as it was in UC today, what target and what stop loss if any ?

pritika is at crucial levels (Listing day buying will be btw 40 - 44.3), so some level it is already crossed, if it able to cross 44.3 then good upmove will continue.

@aaditya: company is good in my view as i mentioned earlier on that page and it had good subscriptions too but it parent company is not doing well and it also didn't performed well after listing and went down till issue price so that was good new buying levels for short to medium term considering risk/reward and company profile, but now it has already reached good levels near to listing price , so predicting further movement from here is difficult and all depends on operators etc since in sme's there is very less info/news available generally until next results and i keep busy in job also so don't give much time in analyzing.
For now, i didn't thought of that when i will sell this, but roughly stoploss can be around 38.5 as per recent lows and target can be around 48 in short term....

company looks good from multiple perspectives like recent growth , management, clients, order book etc and issue is reasonably priced as per latest financials and future growth outlook can be better too....issue size is also small which is positive for stock...
In my opinion, listing may be around 45-47 levels, good buy may be if getting around 41-42 levels and profit or partial profit can be booked if getting around 50 levels during or after listing in short term....
it may perform better if holding for some months or till next results...

off topic

@lokes
20% UC in JFL today, good to average tomorrow or just keeping that 1 lot only.

it was good day today for me...5% UC in All E tech, uma converter and droneacharya too continuing....and 10% circuit in pritika and 20% circuit in JFL.....
i am holding my 1 lot in jfl from allotment and didn't bought more as didn't wanted to put more money as generally i don't buy more lots in sme's but still upto 40-45 levels it can be bought i think if holding for some months....
anyways some days back i have informed in other ipo page that it can be bought when it was 31-32 levels for good risk reward from those levels and it has luckily done well after that....same way i bought pritika and posted there and that has also appreciated a lot....so some relief after loss booking in reetech and holding vital in loss...

Hello Gurus,

As per BOA of RBM Infracon, they alloted 2 lots each to all HNI applicants. But all previous SME IPOs, in HNI catagory only 1 lot allotted. So any new rules? Please check and give some insight Experience Gurus.

I have been allotted 1lot whereas I had applied under HNI category.

I have been allotted 1lot whereas I had applied under HNI category.

Its my feelings that RBM will list around 55-58 tomorrow. Co. is not so bad and also pricing of shares were reasonable.

Positive listing for sure..
Limited free float.
25 years experience company.
Strong orderbook.
Big name clients.

@ Noorul , I was also allotted 3 lots in 2 accounts , Bought 3 more lots @53 today. Hope it ll move higher for few days.

I had no hope for short post listing. Now, I may buy around issue price, if available.

Buying ki fielding to acchi lagayi hai.
Dekhate hai wicket girta hai ya fir 45-50 run karta hai.

50 in preopen.. 😎

it has an order book value of Rs 121 Crores, and recently, it has received a new order worth Rs 200 Crores from Malco Energy Ltd for operations & maintenance of the Metcoke Manufacturing Plant.
I will buy upto 48 rs if available
In preopen

Upto 42.. I will add one more.