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Sirca Paints India Limited IPO Message Board (Page 3)

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88. anujsme |   Link |  Bookmark | May 28, 2018 9:32:45 AM
Innovators facade down 5 %
huge selling by people on day 1 for sirca. also no takers in grey market

the price wouldd not hold for long and stock will dip to 150 level on listing.

isse bech dena warna aur loss hojayega. 100-110 rs in few days
87. anujsme |   Link |  Bookmark | May 26, 2018 11:51:32 PM
there are huge sellers in grey market and there are no takers even at 160 rs.
get ready for huge selling pressure on listing day. it can drift to 150 level .

dont look to buy even at that price. much lower level expected as 100-110 in few days time.
87.2. Sinewave |   Link |  Bookmark | May 27, 2018 8:10:49 PM
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)
Dont post false information.
87.3. anujsme |   Link |  Bookmark | May 28, 2018 12:20:23 AM
Lagta hai tumhe bahut saare allot hogaye hai.
first day nikal jaana. go and check no buyer in grey market.
no new buyers at even 160 rs.
86. ANKITDEVIL |   Link |  Bookmark | May 27, 2018 3:41:15 AM
I want sell 2 lot at -1200 per lot any one interested
85. Hiteshji |   Link |  Bookmark | May 27, 2018 8:22:25 AM
IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)
Allotments are out. All the best..congratulations who got the allotments. It will gv you definitely return.
84. ZFV |   Link |  Bookmark | May 26, 2018 11:01:03 PM
20000 Interest Charge per Lot as HNI will get 1 lot for every 32 lots applied.
Investment of 4000000 for 1 lot of 800 and interest charge if calculated @6%(min) 20000 interest.
No Chance of going down below issue price
84.1. anujsme |   Link |  Bookmark | May 26, 2018 11:50:14 PM
Even innovator facade had more subscriotion went below issue price after opening positive. infact it went to 69 rs from 72 rs in few minutes.

in that case interest of HNI was more . so dont think that matters now.
83. Ipo dare to dare |   Link |  Bookmark | May 26, 2018 6:02:58 PM
1/2
Happy :-)
82. IPOANALYSIS |   Link |  Bookmark | May 26, 2018 1:59:24 PM
Well my concern is I don't like this company at all
High crude price will impact its profits anyway.it will use money from IPO proceeds to start manufacturing which will take too much time to show any impacts.its a navigant issue and any navigant issue can't retain price for longer time. Even if it list at 5 pc premium it's a failure issue considering lottery system. Do remember even five core with confirm allotment give 5 pc gains. I like five core business much better than this company. Anyway best of luck to alotees and hope they can get some returns and get out from bad LM issues.
82.1. IPOANALYSIS |   Link |  Bookmark | May 26, 2018 3:03:54 PM
Only hope is anchor investor but even edelweiss was not able to control price of five core and it went below issue price.
81. RAJAKUMAR |   Link |  Bookmark | May 26, 2018 12:17:48 PM (1400+ Posts, 1200+ Likes)
0/7 I got one allotment. Listing on wed. Already IPOANALYSIS stated it will list at par or discount. I am not worried about listing. But I am worried about Innovators at what rate my shares are auction on monday and how my trades are setttled.
81.1. Splendid |   Link |  Bookmark | May 26, 2018 1:34:32 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
@Rajkumar

I dont think it will list in discount..
80. AKMP |   Link |  Bookmark | May 26, 2018 12:04:49 PM
ALLOTMENT OUT
CHECK ON KARVY
79. RAJAKUMAR |   Link |  Bookmark | May 20, 2018 1:22:48 PM (1400+ Posts, 1200+ Likes)
Qib 9,28,000 shares available. For Hni 6,99,200 shares. For Retail 16,28,000 shares.
Qib Nil
Hni 0.86 times
Retail 0.91 times.
Hni quota is only 7 lakh shares so it may be subscribe above 10 times. If HNI quota subscribes above 10 times then we will consider for subscribing Sirca paints without considering LM, Fundamentals, and so on.
79.8. IPOANALYSIS |   Link |  Bookmark | May 25, 2018 10:57:11 AM
True

Infact if you check old sme are performing better than newly listed sme and new primary market sme doesn't have anything great
i remember earlier sme were priced too cheap and left a lot on table.nowdays no new sme is leaving anything that is the reason
if you check innovators facade is expensive as well

so go for sme only if they have priced it well else avoid
i would rather wait and watch and not apply any new sme. there is good chance you can buy from secondary market when they get listed at discount
go for only fundamental sound companies
79.9. SONMAYA |   Link |  Bookmark | May 25, 2018 11:31:48 PM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
3/5
78. TheLearner |   Link |  Bookmark | May 25, 2018 3:43:12 PM
NO BUYER IN GREY MARKET. PANIC AMONG THOSE WHO HAVE BOUGHT APPLICATIONS IN GREY MARKET. WILL BE SURPRISING IF IT LIST ABOVE 160 AND SUSTAIN THERE
78.1. anujsme |   Link |  Bookmark | May 25, 2018 4:10:18 PM
learner this has happened before only.
many have already sold their application in grey market and thats why they applied

this is navigant issue and navigant and company is laughing their way
I dont know abt listing but record says navigant is a very bad LM and the stock price have fallen

i said befor navigant cant manager small issues what will happen to its large issue
new LM bhaijee we all know fate of most of new LM like sarveshwar foods etc.

hope those who get allotted manage to get out on listing day with something

kehte hai na bheed chal mein mat phaso.
people dont use their brain but just apply blindly after checking subscription
77. Ravi kiritkumar adeshara |   Link |  Bookmark | May 25, 2018 12:36:50 PM
allotment or listing....kab he....??????
76. anujsme |   Link |  Bookmark | May 23, 2018 3:12:25 PM
those who are jumping the guns thinking that subscription is a criteria for gains are absolutely wrong.
now 35 out of 40 last sme listed are below issue price.
mind you they were too heavily subscribed

e2e did good because of business and mahickra being panthomath and small issue

those stock sirca is neither of above.

if anyone think LM does not matter for sme they are highly mistaken or new to sme and dont carefully monitor each and every sme

lets meet on listing day and see how much bumper listing gains people who are alloted with lottery in this one makes.
75. INVESTIGATOR |   Link |  Bookmark | May 22, 2018 3:28:09 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Avoiding this Issue
75.7. IPOANALYSIS |   Link |  Bookmark | May 23, 2018 11:45:15 AM
Nice investigator.u made correct decision to not apply sirca and congrats for the allotment of innovator.
75.8. INVESTIGATOR |   Link |  Bookmark | May 23, 2018 1:14:08 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
@ RAJAKUMAR
Thanks again for your valued suggestion.

@ IPOANALYSIS
Lot of Thanks for your kind Wishes
74. RAJAKUMAR |   Link |  Bookmark | May 22, 2018 4:16:21 PM (1400+ Posts, 1200+ Likes)
At 4.10 pm
Qib 1.25
Hni 32
Retail 8 times
Total 11.25 times.
As i stated earlier it surprised all. Good subscription. It will list give 7 to 10% gain on listing.
74.1. Small Investor |   Link |  Bookmark | May 22, 2018 5:22:32 PM
IPO Guru IPO Guru (2000+ Posts, 1000+ Likes)
Sir Soft tech eng m kya kre share upar jayega ya niche aayega pls advise i have on lot @ 84.10
74.2. RAJAKUMAR |   Link |  Bookmark | May 23, 2018 10:55:10 AM (1400+ Posts, 1200+ Likes)
Dear Small Investor
Sir I am applying IPO for listing gain only. I am not interested in secondary market. In main line IPO we can judge the counter and can tell which counter will perform in long run but sme counter liquidity dried after some days of listing and we cannot judge 1000 counter of which share will perform.
73. IPOANALYSIS |   Link |  Bookmark | May 23, 2018 12:43:19 AM
Lets see the listing. i dont apply in bad business model.
crude is high and paint companies will have most impact.

many high subscription fail to retain price for long time . LM is very important for long term success.

there is no great reason to apply in this ipo. lot of funding happens where in people apply to get listing gain and sell.what if there is huge selling pressure.
lets see

also if u r talking of 5 pc gain its a failure for the issue.
out of 10 only 1 will get means 10 pc allotment . if u r holding for that amount of lottery system for 5 pc gain better to buy indostar capital from secondary market which is safer and more gains than 5 pc and was also confirmed allotment. lol

72. Hiteshji |   Link |  Bookmark | May 22, 2018 7:21:28 PM
IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)
As i told you earlier, this is share mkt. Those who buy shares or apply shares its on own risks. Risks are awarded. You will get definet return. Others are just came watch and go. The mkt is our not for others. ????????
71. andro |   Link |  Bookmark | May 22, 2018 5:48:29 PM
great subscription numbers.
should be a good listing of 5-10% premium.
the issue is a large one (75 crs) so lets see if the premium sustains as a lot of leveraged HNI positions will come for selling on first day.
but fingers crossed :)
70. v for vendetta |   Link |  Bookmark | May 22, 2018 5:23:41 PM
Top Contributor Top Contributor (400+ Posts, 400+ Likes)
Got busy in some stuffs and completely forgot to monitor this. Saw at 5:00 pm only. Very good subscription figure, discount listing for sure would not be there. Missed to apply it :(
69. Sinewave |   Link |  Bookmark | May 22, 2018 4:45:06 PM
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)
QIBs Subscription 1.25X
HNI Subscription 32.05X
Retail Subscription 8.34X
Total Subscription 10.71X