Shigan Quantum Technologies Limited IPO Message Board (Page 1)

ST to SM move will happen on 28 March ( after 10 days) . I am still holding the allotted lots .

Nice to hear, you are holding too.
Following you guys, for X returns.
Never got one.
Understood that, hold is the key.

@ Mishra - There is no guarantee on X returns in any of the scripts . Its already in LC . I ll keep strict SL of 61.

@MRavi.. Congratulations and best wishes...

People already mentioning that HNI subscription educed from 28 to 20, evident from your allotment too. 282/13 = 21.7 approx. Also almost all who applied for 20 lots got allotment.

How is this possible - technical rejection can not contribute to this much fall, HNI shares could not have moved to retail as HNI heavily subscribed, HNI not allowed to withdraw / cancel applications....

@Avenue
HNI can submit an offline application through a broker when the broker bids that application it is counting in the subscription. Later HNI has to submit a bidding application copy to the bank for fund blocking purposes (up to the next working day before 12 PM). If HNI failed to submit this bidding copy to the bank or for fund issue also if the amount blocked is failed from the bank side then that application is turned into technical error category. in SME few times HNI subscription is fake also.

@Avenue,
Thanks and wishing you good luck as well, and @Spock may be right on the final HNI subscription reasons.

Any way, very happy on getting 3 lots more than expected. 🤞
Thanks

@Spock.. i did not know faking subscription figures was so easy, if that is the case.

@MRavi,
Congrats on 3 lots.
I also received 1 lot out of 3 applied.

What are your expectations/estimations with listing?

@GJ,
Thanks & Congrats to you also. my guess is around 60 Rs. 🤞

Thanks

@MRavi,

Great, around 20% in this market condition is good returns.
Let's see, hoping for the best.

@MRavi Sir,
Congrats on the allotment.

Dear All Seniors,
What will your strategy? Will u hold it for sometime and wait for 2X or would you exit with listing gain?
I believe, 3 factors might directly affect listing:
1. Russia-Ukraine: to some extent absorbed by the market.
2. Election results: will be known on 10th.
3. The Company itself: not very much clear to me. But, the finances seems good.

Thank you in advance.

@MRavi,
What an estimate Sir Ji 😎
You said around 60, opened at 61, perfect.

Sold or holding?
I am holding till the next few sessions.

@GJ,
Thanks🙏 ( it was a fluke)
Holding all ( I never sold anything on listing Or in that week, it’s my positive and at the same time negative in many occasions especially main board. For SME I have a great luck in holding)

Thanks

@MRavi,
Yes, I know you generally hold for the long term.
Still asked for me.
Everyone has a different risk appetite but still, it gives little confidence.

@GJ,
Just my opinion to you, hold for few sessions ( I feel this may give good returns) if you are not urgent of money.

I am holding this for at least next results (this has X factor - gas business and F&G detections technology )

Thanks

@MRavi,
Thanks for your suggestion.
I am also on the same page, planning to hold for atleast a few sessions as mentioned earlier.

Now Russia has more sanctions on Oil export and other things. Not sure about the Gas business though.

Dear lokes ji and Ravi ji,
please share your suggestions regarding precision metalicks.
Lokes ji you are busy for some work, if any information, you and ravi ji please share. Your advice need us.
Thanks 🙏

@ DHARMENDRA SHARMA,
Precision under performed. For me, it has potential to reach double from here. I have added so many at lower levels. If the results good it will go up. SME’s prediction is very difficult, but I have hope in precision.

Thanks

Thank you very much Ravi ji, for your prompt reply and advice.

I sold 1 lot @ listing of 61, still holding 1 lot.

wanted to feel some profit after burning fingers by holding most of recent SME allotments like, Precision, Richa.. even recently bought Maruti Int. @ 66.25 and Safa @ 10.37.

Best Wishes...

yes avenue, right.
Till now i didn't had/have any sme which doubled from issue price :)
For me, good ones not allotted or missed to apply....and some remaining not performing good after listing like precision/ab cotspin/maruti. Even safa also i sold luckily on listing but didn't performed well after listing.
i was allotted only 1 lot here in shigan so holding it still, lets see if this one can double :)

@lokes,
I understand your views and Avenue.
My position is SME Are by far better than main board IPO”s

BTW, Your favourite SME IPO almost now 4 times ( Bombay Metrics), you had a strong words that it will be very good for long term. Did you sell it ? ( I holding happily seeing UC everyday)

Thanks

@MRavi sir: yes agree, good sme's are much better than mainboard ipo.
And ya i sold bombay metric long back around 145rs. Just now checked that after you informed after long time and surprised to see continuous circuits from last 1 month...almost from 160 to 408.....awesome....if we see its 6 months chart, initially for long time it was moving in range then i sold and now i am shocked to see this. Feeling bad now that why i sold that very good company ipo, for some months it was hovering in range so i lost patience else i knew it will do good like prevest denpro etc. (4/5 times). you anyways have a habit for holding all sme ipos for little longer as we know :) Congrats to you...
Really patience is the key, some may do very well if we hold longer. i am still holding DMR also other precision/maruti/ab cotspin and this shigan.

@MRavi: and that kotyark industries (where you missed to apply), issue price was 51 rs and after listing it touched high of 51.9 on first day and then it did lower circuit same day and continued for 2-3 days....i was being very happy that i was able to sell that at highest price of 51.9 on that day.....and later that kotyark crossed 300 also and still around 5 times now :) :)

SME shares will be traded only in lots . The lot size may be reduced in future to 1000 or 500 based on share price .

It is listed today only.
Don't expect the lot size to change very soon.

Ty Dinesh sir,
First timer in SME.
Will the stock be in 5% limit? Is there any rule for that as well?