Technofab Engineering Ltd IPO Message Board (Page 2)

Dear Sir,

Please let me know the exit figure of Technofab shares, as i am holding 500 shares at 307
ch

Dear Sir,

Please let me know the exit figure of Technofab shares, as i am holding 100 shares.

Hitesh

Dear friends,
There is a news item in moneycontrol that says Technofab witnessed 92 bulk deals - 21 in BSE and the rest in NSE. With the US markets down nearly 3%, how will Technofab fare on Monday and in the days to follow?

The public offer of SKS Microfinance will hit the capital market on July 28. The microfinance company expects to mobilize as much as Rs 1,300 crore through IPO. The initial public offering, the first such issue by any microfinance company in the country, will be launched between July 28 and July 30. The company has received approval from the Securities and Exchange Board of India and, most probably on Monday, it will file the red herring prospectus. The Hyderabad-based firm is entering the primary market with 1.69 crore equity shares of Rs 10 each, and expects to raise funds in the range of Rs 1,200 crore to Rs 1,300 crore, they added.

The proceeds from the IPO would be used for meeting the company's future capital requirements. Founded by Vikram Akula, SKS Microfinance has a customer base of around 53 lakh people. SKS, which offers loans with an average ticket size of Rs 7,000, has so far raised around Rs 13,000 crore debt on a cumulative basis from various investors to meet its funding requirements. The non-banking firm has back-up from several big private equity players, including Sequoia Capital-India.

To
gem ipo finder
dear friend according to ur advice today i made 15000 thousand profit on technofeb.i also sell 41 sahare at
82.this all credit goes to u.i will always welcome ur suggestions.keep on always.

Thanks Prince I still think its next ARSS :) I will try to exit on monday

HI,PRIYANKA
MERE HISAB SE 295/300 KA RATE PROFIT BOOK KARNE KE LIYE SAHI HAI...MAINE MERE 41+41+41+41 SHARES 285/290 KE BICHH MEHI EXIT KIYE HAI.......

PRINCEEEEEEEEEEEEEEEEEEEEEEEE

Hello Prince, I am still having 4 lots AS US market is down by 160 @ 8pm Please let me know what to do for monday morning , Hold or sell ?

HI,VANDANA

ZYADA TAR IPO LISTING KE BAD KAFI NICHE AA JATE HAI.OR MKT ME 1000/1500 POINT KA CARECTION HOTA HAI TO KARIB 50% CRASH HO JATE HAI....
MAIN LISTING KI FIRST MINUTE PER HI EXIT HO JATA HUN PROFIT BOOK KAR LETA HUN
MERE HISAB SE AAPKO 295/300 KE RATE PER EXIT LENA SAHI HOGA

HI,ANURADHA
GOOD........

PRINCEEEEEEEEEEEEEEEEEEEEEEEE

Dear Natarajan,
I am not a big fan of technical analysis & have never followed it.I just go on fundamentals & my hunch .Morning I had sold Technofab at 280 but immediately covered it after the stock went from 280 to 290 & then back to 280.I felt the trend is up today & just covered it when it came back to 280.

SIR,

PRINCE JI ,

TODAY I COULD NOT SELL IT,

NOW WHAT SHOULD I DO ?

HOLD OR SELL.

.

HY, PRINCEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE,
MAINE 287.50 ME SARA STOCK_ 41+41. BECH DIYA THA. ME TO MUNAFA KAM MILA.maine tere answer ke bad turant hi bech diya tha

todays trg 320 sl 296 with in 2to 3 days it is goint to crose 330

373. K.K.Natarajan

The reason for over-pricing is that QIBs are prepared to subscribe even at high price for whatsoever reason. Promoters are confident of sailing through. So, it is difficult to expect reasonable pricing. Unless couple of big issues (more than 1000 crore market-cap) fails, promoters will not learn any lesson. Retail participation is reduced to great extent. Now-a-days, people are not taking loan to apply as it is not profitable.

As you know, QIB subscription depends on Fund Manager's decision. It is not his own pocket money.

I HAD ALLOTMENT OF 226 SHARES IN 6 APPLICATIONS AND STILL HODING ALL THE SHARES.

There is one lesson to be learned by the companies coming out with IPOs, the bankers and the lead managers of the issues from out of issues like Technofab, ARSS infra, Cox and Kings and Jubilant foodworks. If the pricing is reasonable, people give respect to it. Had Technofab been priced anywhere around 300, people would have would have avoided it as a costly issue. In that case it could have listed below the issue price and would be languishing for months together below the issue price as many recent IPos are doing now. Will the lesson be learned?

Dear Sreedhar,
I was searching for your post about Technofab and found it in the EIL page (old habit returning!). I sold one lot at 290 and seeing it surging slowly up has set a limit price of 319 for the second lot. Read Ravi, Bangalore's analysis about Technofab. Thinking of buying back if it comes down to around 285.

Technofab 296- Target 313, 326, 349+. Stop-loss 288. Buy 50% at current levels & balance below 292.

Stop-loss is important. There is risk of loss in trading.

Fundamentally, above 270+ looks expensive. It is not trading at cheap valuation. Hence, people who don't want to take loss should not attempt trading.

Touched 304 and came back to 297, hope will cross 300 again.

Wow.....

300 + once again....Way to go....