141. Venkatram| Link| Bookmark|
November 8, 2023 8:29:33 AM
Top Contributor (300+ Posts, 100+ Likes)
From initial 10 minutes of observation looks like it will be good listing but not great a lot of selling pressure is seen. Advice to people who are not okay with risk to sell allotment in pre open. Else hold for some days to see the real trend should do well.
@Antany I am not an expert in giving listing views. But if allotted (not allotted in reality), I would have held my allotment for a few days at least.
133.4. lokes| Link| Bookmark|
November 7, 2023 7:26:35 PM
IPO Guru (4300+ Posts, 5100+ Likes)
@Antany yes SAR looks good to hold for long term with good financials and valuation also reasonable, company future potential also looks promising and it can grow faster in future also similar to recent years....but if listing is too high around 110 or above, then better to sell and book profits once, later it can be added on dips....if listing around 100 or below then it can be bought in preopen.....
133.5. lokes| Link| Bookmark|
November 8, 2023 10:21:09 AM
IPO Guru (4300+ Posts, 5100+ Likes)
Almost listed as expectations and did uc.... good to hold for longer as informed above or profit booking can also be done once in short term if it gives more upmove from here if someone needs funds....
SME IPO's are all manipulated. So need to complain to SEBI and bring this out. I got only 1 SME IPO even though I was applying from 4 different accounts from past 1 year. See this article. https://www.moneycontrol.com/news/business/ipo/sme-ipos-how-they-are-rigged-why-in-september-promoter-operators-11513581.html