Shigan Quantum Technologies Limited IPO Message Board (Page 4)

@lokes,
Can you please share your view on ekennis listing price.
Are you going to add it.

@lokes,
Thanks for views. I feel also the same and considering to apply. risk vs reward seems there unless other external factors.

@new SME investors,
p.s: we never know how SME's will behave, new investors to be cautious as per risk appetite.

Thanks

@ Lokes , MRavi and all others - How many lots shall we apply to get confirm allotment in HNI . what's your view on HNI subscription numbers.

Imported Natural gas is of Russian origin, will this in any way adversely affect their business?
Looking to make 1 or 2 retail applications

@ultrasnow,
the natural gas import to India mainly from Qatar (number # 1 producer of the world). shouldn't be a worry I guess.

Thanks

c.dinesh,
my guess is HNI 10X. please wait for 02:50 pm and take a call for how many lots to apply.

Thanks

@dinesh singh : replied you in ekennis forum. I will not buy ekennis in listing above issue price, i don't want to take much risk where i don't have much clarity on company profile and since already holding maruti interior and precision metallics in loss, thanks to my safa systems good profit for balancing things.
@Mravi: yes sir, in sme's, people need to be cautious about their own risk also, time/situations are not same always.
@c.dinesh : its tough to say that but i think it will subscribe around 10-15X in NII seeing its size and current market volatility, so anything between 15-20 lots applications will be good bet (you may get allotted 1 or 2 lots ), more clarity will come around 2.45pm then it can be decided better.

@ MRavi and Lokes - Thanks for your feedback . Shall wait till 2.55 to decide on number of lots .

@lokes: Thank you very much for the reply.

@Mravi, I was referring to RHP that clearly mentions Russian origin gas
I still think this is a decent IPO for those who can hold mid to long term

@ultrasnow,
my apologies. thanks for notifying this.

Thanks

@ultrasnow..thanks for bringing this to notice.
However If feel Russia has to continue gas supply to India, now on even better terms, because of news that many EU countries refusing to buy Russian gas. India has maintained a neutral stand. And Russia HAS to supply to run economy.
Only my understanding.

@Avenue,
Agree with your view and also this cpy business in F&G systems, which is very good business if the get growth there.

Thanks

@Lokes @MRavi..
your estimate of HNI subscription. In SME IPOs my estimate is always beaten by final figures.
How many lots to apply to get just 1 lot?

@Avenue,
My initial guess was 10X, but now looks like it will cross 20X

Thanks

Nothing negative about company. Decent pricing . Established business. Looks to be true SME. Seems to be decent experienced owner with multiple established businesses. Applying 50 lots targeting 2 lots with estimation of ~25x HNI.

@Noorul... where are you ?

@avenue,
Correct, missing @Noorul here.

All,
I gone FF here with 282 Lots.

Thanks

Applied 20..

Applied 5 lots from 1 application and 20 lots from other application

Applied 10 lots,5 lots,4 lots from 3 different account and 5 retail application

Applied 2 retail and 18 & 66 lots in HNI

@avenue: looks like it will go around initial estimates of around 15X or else upto 20X max (considering current 8.5X by 3pm in HNI) so 20 lot application should definitely fetch 1 lot minimum.

I have applied with 4 applications for 29, 24, 4 and 1 lot.

2 lots 1st application, and other 1 retail

Just sharing,
I bought 1 lot of Maruti Interior today @ 66.25

@avenue: good buy for maruti, i bought in preopen at 68.5 1 lot....even safa systems is also available at very attractive price from last 1 week....
And subscription touched around 28X here, moved around 3 times in last one hour from 9X to 27X , looks not much impact of market volatility , war etc :)
you will mostly be allotted 2 lots and hopefully i will be allotted 1 lot.
Good luck to you and everyone for allotments and listing :)

As usual, I tried to apply for 29 lots through ICICI BANK ASBA for my Demat with Zerodha by 02:55 pm but failed to complete the process because, this time, the ICICI BANK has removed other Demat option. Only the Demat with ICICI DIRECT was showing. Has anybody else experienced this problem? What is the remedy available now?

@DEVBULL,

I had same experience today. When I tried to apply in ICICI ASBA, they not only changes screen layout but also "DP Id" was accepting only "Alpha"+number. But Zerodha DP Id is numeric. I could not apply through ASBA.

I applied through UPI. But since last few IPO, it does not block amount even after accepting mandate. Same happened in Safa and other UPI applications.

I think ICICI UPI does not allow more than 1 Lac amount?
Anyone here was able to accept SME IPO Mandate in ICICI?

@ avenue and mravi sir. I was feeling low since morning may b under the weather.. I viewed the subscription figure around at 1.30 it was looking good as per size of ipo 20cr quite a big one.. and also read the comments of prominent members and other hni folks .. most of were favourable to the script.. so I had applied 34 lots. Will surely get 1
.
Listing is one day after the election result. I hve strong feeling Bjp will win quite comfortably and market will cheer it next day and may b for this reason we will get a gud return in it.
And the ended subscription figures were excellent considering the very hard negative sentiments of markets from last one weak and specially for a size of 20cr.

@Noorul and @MRavi,
Have you got the allotment in Ekennis or not?
Please confirm.Thanks.

@noorul,
Good to see your message. yes agree with you that with the size of SME & recent market sentiments, its very good subscription.

@Dinesh Singh,
I got 1 out of 20 in Ekennis. this may list good at least 10% premium (my guess only)

Thanks

@NKJ.
1) It seems, while changing the Screen Layout, they have now kept NSDL DP-ID only which has got Alpha Numeric and deliberately missed out CDSL DP-ID which has got Numeric only. Incidentally, ICICI DIRECT has NSDL DP only. We have to take up the matter with ICICI BANK for making provision for CDSL DP also as was available earlier.
2) I don’t know about UPI mandate and blocking procedure in ICICI for IPO as I am always using ASBA facility only. But, I am using ICICI UPI for fund transfer to Zerodha for which they allow upto Rs.50,000/- at a time with maximum of Rs.1 lakh per day.

@NKJ - I was able to accept the upi mandate in ICICI imobile app now and amount is blocked successfully.

@Noorul... Take good care of your health. Hope you are feeling better now.
Since most of your estimates turn out to be correct, I hope this one too. Markets might be settled either way by 11th March.
I am expecting two lots and hope for a good listing...

@Ram kumar I,

Thanks for confirming it.
I have faced this problem for 2-3 time at least. Initially I thought there might be some technical glitch but it is recurring. I will try few other options in next SME IPOs and see.

@ avenue. Thanks buddy.
@ Dinesh. I didn't get any lot against my 15 lot application. Will not try to buy in pre open becaz of on going blood bath in dalal street.
Wish u best of luck.

@ spock. Any commentary from ur side on this ipo ?

Hi Loks,
Off topic question.
I have "Markolines Traffic Controls Ltd" IPO in my portfolio. What's your view on this stocks ? will it be go in three digit in 2-3 years ?

@Noorul, commentary :p    
the market may find a bottom next week, the country may divide east and west from Napier river (just a matter of one big airstrike). don't want to talk much about this.
About this SME IPO, fundamentals are good but competitive section, with considering IPO size, subscription & choppy market, this will give listing gain from 10-25% range (market mood may impact listing ). in 2-3 weeks we can expect up to 40% gain (profit booking range 65-75)
Company promoter's group company Autotronics Worldwide Pte Limited is Singapur based private company holding up to 10% shares that gives confidence.
I may be wrong about both the above comments, & in SME anything can happen :)

@KDForIPO: i sold that markoline ipo long back at 70 rs in loss , after that i am not tracking it.....looking at its 6 months charts, its just mainly hovering between 60-70 rs still, i have no idea how it will perform in future, not tracking any news/results/comments for this....@Mravi sir might still be holding this, not sure, he can give his opinion on this,

Congrats, @Anantagg. We were missing you.

@anantagg,
Good to see that you also bet high on this. good luck.

Thanks

2X of issue size 22.7 cr

Upto what time you can bid online is it possible to bid after 3

Only till 3pm in online. Through offline it is possible after 3pm

SHiGAN invasion by mravi sir and anantagg.

@SnipperRaj,
'SHiGAN invasion' - 😂

Thanks

Due to high subscription in sme IPOs from last 3 months I think big bulls of smes doesn't give proper feedback during subscription time.

@ Irs, very difficult to guess final subscription. Mostly people apply in last 5-10 minutes, and subscription data, we see is about 10 min old. Everybody is busy watching trend and it's the sixth sense, with some gamble, that works. Can't really blame anybody.

Dear anantagg,
Bcg continue lower circuits.sebi order forensic Audit.
Any wrong done by the company, stuck please suggest.
Please reply. If any information
Thanks

Trueinfo thank you. Its just that i am busy with other work thats why i was inactive for few days.

MRavichandran I hope we all get listing gains from this SME IPO.

gjy i think my family has applied for alomost 3.8x

sbbaga yes we can bif after 3pm but we cant do it online. We need to ask our broker to apply on behalf of us.

snipperRaj hahaha its nothing like that. I just applied seeing subscription numbers.

Irs its nothing like that. As i told i was busy with other work thats why i was inactive.

Trueinfo thats true. most of the HNI applies between 3:30 - 3:58.

DHARMENDRA SHARMA i know its tought time. Dont wory much about it. I have invested heavy in BCG. Its a long term investment. We need to wait. The promoter is coming up very clean now. People who dont have habbit to research gets panic seeing news. BCG had so many positive news since last 6 months. No news channel was showing these news then why did they show one negative news? I personally think we dont need to worry much. Check out TTML they are loss making and still it been valued by people. BCG is much much better than TTML. This year they will end up at a PAT of 1000crs. Its not a joke. There are not need 150 companies listed in india with 1000 PAT.

Hey anant can you tell us which brokers allow sme hni bidding between 3.30 to 4:00....

Who is doing banking for your application
Can you give name of broker who is bid your application