Sumit Woods Limited IPO Message Board (Page 1)

It seems, selling has been drained now...
Observing screen...
Which is super strong..

It seems interesting time ahead in Sumit Woods...
May my sense prevail again like Marshall....

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@ Desai ji
kya isko hold kre ya phir sold kre now

NOW AVAILABLE AT 45

Only 282,000 qty traded. Buyers order is for 432,000 qty whereas the seller order is only for 51,000 qty. It means the allotted retailer are not selling their qty. The price may go up. Wait for 2 days it will go in the direction of Dangee.
I am not sold my qty and will wait for few days and decide.
Good listing.

Lalch buri bala hai.......

sold 47.50

Good. Booking Profit is very essential in stock market.

List at 47

Discover price is 47

It may discover at 47 against issue price of 45. Easy allotment and easy money. Costly miss.

@rajkumar ji single lot hi h

You cannot put stop loss now. Take risk and hold till 10 am. After 10 am put stop loss at discover price and hold.
If it breaks discover price then it may go down any where.

Today listing....

Just have a look at Cash Flow of Sumit Woods LTD from RHP.....

You will find, Why I liked the Co....

SME Badshah,

Hope you could see correct picture & share it accordingly..

Better you gone through the data, their Business to grown over 320% in past four years.

Fy2014 around 50 Crs to 160 Crs in FY2018
That too in challenging Market Scenario.

They Completed Highest No of Projects in MMR region, which is not a small feat..

Best thing is they reduced their Debt drastically in last 2 Years, which cannot be done without earnings..

Only time will prove the things...

I'm very hopeful for tmrw....


http://valoremadvisors.com/admin/ClnUpdFile/34_IV_2763_Sumit%20Woods%20-%20Investor%20Presentation%20-August2018.pdf

This company business model been in business from 2004.They have shown profits of more then 1 Crore only in last two years before IPO. In QIB portion Mutual funds /FII have to come since they have reserved that portion. If some body is coming then only that portion is kept as reserved .But this does not mean that they are their for long term.They can sell on listing or any time latter like HNI/Retail.Ajmera Reality who also develops building having their own land bank is quoting at P.E of 10 Main board listed players.Only last year company Net profit margin was App. 26% & before that it was App. 8 % . Let us see tomorrow how the listing takes place. If their would have been that demand premium market would have responded. In Dangee premium market was active & in Sumit it is Nil.Hope people make some money who have got allotted.

Guys,
Don't rate Cos with Subscriptions figures alone...
Sumit Woods LTD have Great Business, got allotment & will add further...
Met with Management its Great...
Got positive feedback in my scuttlebutt most importantly Customer, NBFC, Bank, Suppliers, Contractors and some of the past projects Partners as well...
Do your own due diligence..

SUMMIT IS LISTED ON MONDAY.BEST OF LUCK FOR ALL ALLOTEE.

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TRADE - You are correct. With robust order book and 11 times HNI subscriptions, it will behave similar to Dangee. So don't worry it will surely give returns. Keep it for longer period.

@ trade
IN FOREIGN PORTFOLIO INVESTOR CATEGORY
ELARA INDIA OPPORTUNITIES FUND HAD APPLIED 999000 SHARES.

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Construction Ban was imposed in absence of Solid waste management policy, Maharashtra already had Solid waste management Policy in place & submitted the same to the SC..
So can you please tell us the reasons for the Ban again...
Ban was lifted just in few Minutes of hearing..

Hi Anarchist - Have your dad got allotment in SWL. ? What would be the strategy for this on Monday ? Seeing the unexpected performance of Dangee whether we should hold or sale it on Monday. I have 3 lot. Please do reply.
I like your comments and unique style of writing.

Thanks IN advance.

@. Dinesh Singh

Congratulations on allotment.....and no, the series of non allotments and resentments hasn't ended for my dad.He didn't get the shares..

Coming to the strategy, It was offered cheap and hence there may be gains but nothing spectacular can happen for 'the sector' i(Apart from the nod to use drones for advertisements) in the next few months ..So you are better off taking profits preferably on the listing day or may be retain not more than one single lot to sell on the next day at the latest...

Good luck mate...

Thanks Hari IPO.

I am expecting the reply from Anarchist.

Dinesh Singh ji you are luck you get 3/3 minimum listing price should be 47-49 range it will list definitely at Rs. 47 so you should earn rs. 18000 as most positive factor listing of supreme engg. At 27.10 and high 27.60 despite of heavy equity 6584000 while equity of sumit only 400000 and subscription of HNI AND QIB MORE THAN 10 TIMES, DO NOT worry enjoy good profit on Monday

got msg from bank amount rs 135000 debited through ASBA Sumit3000*

I applied at cut off after that 0/2 while i got allotment in tasty diary,1point1,sintercom which subscribed more than 25 times in retail while it is just 1.70 .

Its draw of lot. Better luck next time.