Srivasavi Adhesive Tapes Limited IPO Message Board (Page 1)

Hold this company...it will perform good and post good results...buy more if u have funds...my Target is 100 by june 23

Quite true. Though not sure of the target, but i am also vouching for 25% returns from current price levels.

This company can be considered for long term investment.
Tohda aur saste me mil jaye bas.

milega bhai ye bhi 30/- tak ayega.

1.62 L Qty (54 Lots) at UC for buying at the time of closing today.

Sold the only lot got through ipo today as I need money.

Hold this.no QIB .p/e is less . company has good future.fluctuations are temporary.hold for 6 months....

Today also upper freeze

Sold my Lot at UC 44.10

May buy again if market stabilised.

Risk takers may hold it, rest can book profits.

Sold my single lot at 44.10.

Sold my alloted 2 lots at todays preopen ...

I also sold

Gunvant Kumar has purchased shares tdy, he is a renowned ca from Chennai and having gud understanding abt financial.If he has taken stake then obviously this share will give gud profit in short and long term.

This is available at a pretty cheap valuation. PE is just above 11. I hope, till 15 there shouldn't be any issue. But SME is highly unpredictable. So let's see.

09-Mar-2023       SRIVASAVI       Srivasavi Adhesive Tape L       LATIN MANHARLAL SECURITIES PVT. LTD.       BUY       1,11,000       40.00       -
09-Mar-2023       SRIVASAVI       Srivasavi Adhesive Tape L       REKHA GUNAVANTH KUMAR       BUY       1,02,000       40.00       -
09-Mar-2023       SRIVASAVI       Srivasavi Adhesive Tape L       SHRENI SHARES PRIVATE LIMITED       BUY       99,000       40.00       -
09-Mar-2023       SRIVASAVI       Srivasavi Adhesive Tape L       SS CORPORATE SECURITIES LIMITED       BUY       1,23,000       40.00       -

Sherni - lead manager kept buy order for 99000 shares at 70 rs ...even then it went for negative listing ...

Checked the history of sherni & ss corporate.

Both won't sell immediately like mansi and multiplier.

What's up with the Mansi and multiplier? Do they have a bad image?

next two sessions will be interesting.

strong UC today.

@ Lokes Sir
Is it good to hold ?

@Lokes & other experts.

Is ther big negative effects of collapse of silicon valley bank on market? like 2008

or it may have small effects of 1-2 days negativity?

@gaurav: in my view, it definitely won't be a impact like 2008 , that was huge and around 50% markets went down after that....lehman brothers bank that time was much bigger (4th largest) than SVB bank now and svb bank has more exposure towards technology and startup companies means it was not diversified enough to impact much other business....
i feel impact on indian market and banks etc will be for around 1-2 weeks max not much, with minimum fall, as our financials systems won't be impacted....

Bulk buy deals from Shreni Shares Private Limited itself and few others. Hope it catch up soon like past Shreni's SME.

UPstox is not allowing to place order.

Hope you exited today at LC. Congrats for making money

Should we hold or sale. one lot allotted.pls advise

Adhesive upper circuit with huge buyer quantity

The IPO was for 3780000 equity shares and today's trader is now 1401000 equity shares means 37% shares of ipo dealt till now

Tomorrow circuit may not possible

Adhesive upper freeze

@HSG its 5%

Listed at 40 + 5% (Rs 2) = 42

@HSG
Upper circuit and Lower circuit will be 5% only in all sme IPOs from ipo listing price.

What is best level to exit. Expert Pls.suggest

upper Circuit

Alloted 1 Lot. I am Holding My Lot.
Almost all IPO of Shreni had given Decent return. I think it will move slowly..

Now its on issue price.
Those holding getting reward.
Many people alloted two lots and sell in discount.

Adhesive getting ready for good listing

Bhai mil gya listing gain