168.2. PeterEngland| Link| Bookmark|
August 4, 2023 10:59:01 AM
Top Contributor (300+ Posts, 100+ Likes)
@vvs thanks for the heads up brother, I exited one lot in pre-open and other one during UC.
I had got the feeling that something is wrong with the company despite heavy subscription and today's listing far below expectations proved it as well, operators might play around in coming days but the flaws in the company are exposed.
166. abc xyz| Link| Bookmark|
August 3, 2023 3:04:21 PM
IPO Guru (1300+ Posts, 1200+ Likes)
Once again big big Congratulations to all.
Shri Techtex's products serve a wide array of industries including Geotextile, furniture, Horticulture, Construction & Healthcare. They exports in USA, Taiwan, Canada, Denmark & China. Shri Techtex's Market Maker is : Sunflower Broking which have participated in 1. Remus Pharma 2. Ahasolar 3. Sealmatic 4. Magson 5.Pentagon Rubber........
These are the past ipos in which allotees have gained fantastically. Market Maker's support makes a big 💪 difference & if Companys performance is good makes Decent listing & extremely good returns in the short term too.
Those who wants to encash the listing gain may sell it and those who wants big 💪 big gain may wait for it.
Choice is yours ☀ only as it's your money & your decision. I am going to hold it at least for six to nine months.
@abc xyz in 6-9 months, market sentiments will play a larger role compare to fundamentals. If you want to wait for fundamentals to fully play out, wait for 3-4 years for big gain. this is just my opinion.
This MM was also in Aristo life sciences, viaz type, kandarp .. Investment on the basis of MM is not viable..it's is the merchant banker and investor plays the show.