@Lokes @Noorul, I am holding DCX Systems and Vital, same like you till I know. It has corrected around 25%-30% from listing price, do you guys have any insight on it ? I think there might be some fishy news, as both issues looked good, there is also positive news regarding defense sector and for vital most of the alike subscribed IPOs are more then double then issue price but vital looks too bad in terms of its current price, subscription was also good, can't understand the reason behind this, what's your understanding behind this corrections for both DCX and Vital ?
21.1. Smile.| Link| Bookmark|
December 26, 2022 5:41:23 PM
IPO Guru (1500+ Posts, 800+ Likes)
S. No or not decent gains in mainline. Lot moved towards sme, reflected in sub figure making allotment almost nothing. I am not positive about this sme. Financials not upto mark. Looking like reduced little part borrowing by selling assets. Reserve/ surplus/ pat designed for ipo window.
21.2. ipo share| Link| Bookmark|
December 26, 2022 7:04:54 PM
IPO Guru (1500+ Posts, 700+ Likes)
Presently, I am also applying in smes only. No attraction left in main board ipos in absence of HNIs.
21.3. Imhilli| Link| Bookmark|
December 26, 2022 8:29:40 PM
IPO Guru (1200+ Posts, 700+ Likes)
@ Amit, Smile, Iposhare Are you applying in RBM? What is your strategy?
21.4. Imhilli| Link| Bookmark|
December 26, 2022 8:37:39 PM
IPO Guru (1200+ Posts, 700+ Likes)
I had a plan to go for FF as fundamentally it looks good and the refund will be available for Anlon. But falling GMP is a point of concern. I will decide at around 2pm tomorrow.
21.5. ipo share| Link| Bookmark|
December 26, 2022 10:08:43 PM
IPO Guru (1500+ Posts, 700+ Likes)
@Imhilli Will take decision tomorrow afternoon after seeing subscription figures. Company seems to be good with good clients and order book but not much gmp. I will rather seek opinion of experts in smes.
@Lokes and Noorul Sir - what's your take on Uniparts and Kaynes? My major portion is stuck into this, please suggest what to do? Need money in Feb 2023.
I sold both of them with in 2 days of listing.. kaynes was bit expensive so correction had to be there.. in Uniparts although cheap valuation but some insider problems effecting the share price like buying cost of promoter were too cheap and pure offer for sale in ipo.
Thanks for reply Sir. What do you suggest, mainly on Uniparts. Should I sell or can hold for couple of months?
17.3. CoolAsh| Link| Bookmark|
December 27, 2022 11:49:46 AM
Top Contributor (500+ Posts, 100+ Likes)
I am also looking for advise here as I am holding 350 shares@issue price. Was thinking of averaging but lack of funds can't go ahead. Any advice will help.
Called my friend in CHINA......he said INDIAN MEDIA is CRAZY STUPID. There is no serious things as they are showing on TV. Everyone is having viral and after taking medicine than most of them get back on work. Ye CARONA bhi aaker chala jayega. Buy on DIPS
13. ipo share| Link| Bookmark|
December 24, 2022 8:05:15 PM
IPO Guru (1500+ Posts, 700+ Likes)
Please guide which bank allows Internet facility for minor's account so as to apply in ASBA and which Brokers allowi denat & trading account in the name of minor. Does any bank still allow third party ASBA Applications? Thanks 🙏
@IPO Share Sir, I used Yes Bank Minor Accounts for ASBA application and SMC Minor account for trading, SMC allows you to trade in minor accounts if the shares are allotted in IPOs.
I used Yes bank and they still allow third party applications. Last third party allotment was in Bikaji IPO.
Yes bank also allow you to use your sweep in FD amount for IPO application.
13.6. ipo share| Link| Bookmark|
December 26, 2022 6:56:11 PM
IPO Guru (1500+ Posts, 700+ Likes)
Thanks a lot to all of you for your response and guidance 🙏 🙏
13.7. Imhilli| Link| Bookmark|
December 26, 2022 8:26:58 PM
IPO Guru (1200+ Posts, 700+ Likes)
I also use HDFC and Prostocks combination. So far, good experience
13.8. Gujju IPO| Link| Bookmark|
December 27, 2022 7:07:44 AM
Top Contributor (400+ Posts, 100+ Likes)
I use prostock and IDBI for minor account.
13.9. ipo share| Link| Bookmark|
December 31, 2022 9:15:50 PM
IPO Guru (1500+ Posts, 700+ Likes)
@SuneelP Can minor account in HDFC be opened online or offline. How have you opened it? Please confirm. Thanks 🙏
Dear chittorgarh team pls. Get the review of dilip davda sir corrected by no of shares to be applied as 3000 shares instead of 4000 shares. In review he has mentioned appln. Of 4000 shares. Pls. Get it corrected. Thanx.
12.1. Amit Jaipur| Link| Bookmark|
December 25, 2022 10:48:31 AM
IPO Guru (1400+ Posts, 1400+ Likes)
10. ipo share| Link| Bookmark|
December 24, 2022 7:54:39 AM
IPO Guru (1500+ Posts, 700+ Likes)
@lokes Sir, do you see any sme from listed space worth buying? For eg. Amiable Logistcs with only 5 lac shares & huge demand in subscription, has come down to its listing price. Similarly, hugely subscribed All E Tech has also corrected a lot. Your views are always extremely helpful. Thanks for your efforts and help extended to forum members. 🙏🙏
@avenue sorry .it is 2023..i feel it is realistic because of its fundamentals and sector.it has the monopoly.and amidst the news of COVID ,this company will leverage that by more work from home opportunities with much more clientele basis.company has not given sept 22 results..if the results are positive then definitely it has the potential to go for 500 by March 2023.very low fundamental and miniscule profit sme have given double profits on listing.but this is trading at a premium of just 25 % now.so i think it is a better opportunity to buy and sit for. 1year..
More over financials are much better than varani um cloud when it came to ipo...see the price of varanium from 150 levels to 1000+ in just 2months.i am.not saying this company also behaves like this ,but it has fundamental stronger than varanium ,only thing is it has to post much better results .so 500 is a reasonable target .
8.1. SONMAYA| Link| Bookmark|
December 19, 2022 2:21:30 PM
IPO Guru (1300+ Posts, 500+ Likes)
Take Rest
8.2. CoolAsh| Link| Bookmark|
December 19, 2022 8:54:01 PM
Top Contributor (500+ Posts, 100+ Likes)
RBM
8.3. CoolAsh| Link| Bookmark|
December 19, 2022 9:07:24 PM
Top Contributor (500+ Posts, 100+ Likes)
Then Homesfy
8.4. Imhilli| Link| Bookmark|
December 19, 2022 9:08:29 PM
IPO Guru (1200+ Posts, 700+ Likes)
Apply in Arihant and use the refund in RBM.
8.5. Liger| Link| Bookmark|
December 20, 2022 9:15:58 AM
Top Contributor (300+ Posts, 500+ Likes)
Fundamentally and business wise Homesfy is the best. Then comes Arihant, RBM. May think of Moxsh going by GMP for listing gains. Dollex is completely AVOID.
8.6. IPO LEADER| Link| Bookmark|
December 23, 2022 7:01:32 AM
IPO Mentor (800+ Posts, 400+ Likes)
Applied in Moxsh and Arihant
8.7. Romy HNI| Link| Bookmark|
December 23, 2022 10:48:08 AM
IPO Mentor (500+ Posts, 400+ Likes)
Arihant and Moxsh are good....RBM may be applied if funds permit....Homefy last option Dollex clear no....
8.8. Venkatram| Link| Bookmark|
December 24, 2022 8:25:39 AM
Top Contributor (300+ Posts, 100+ Likes)
Applied in Arihant, Moxsh and Homesfy.
7. ipo share| Link| Bookmark|
December 18, 2022 6:29:12 PM
IPO Guru (1500+ Posts, 700+ Likes)
Does Groww allows to sell SME iPO in pre open session on listday?
7.7. Lokesh Chiru| Link| Bookmark|
December 26, 2022 11:52:02 PM
Top Contributor (400+ Posts, 200+ Likes)
@Hope:
U are under estimating risk term. Taking calculated risk is different from FOMO (Fear of Missing Out) risk. Blindly applying any IPO without understanding company, valuations, corporate governance, moat, past and future growth, margins is FOMO.
Market always teaches sooner or later the correct valuation the company should be trading at.
SME IPO we might have hardly heard its name before IPO and don't know about its history and corporate governance. It can disappear in a day and we have no one to blame except ours. Mostly operators are involved in ups/downs of the script and we don't know which way wind will blow before hand.