I didn't applied here.. although valuation is cheaper but similar recently listed companies like sabarflex, megaflex both are struggling. Good opportunity was there in form of Arihant. Anyways it may 5% +/- to issue price.
Hi @admin, Grey market premium for Uma is showing 10 Rs since morning, and seeing that i applied for this. But many people and other forums saying premium is around 3 Rs since noon. Many people trust on Chittorgarh, and this wrong premium is misguiding. So please show correct premium and especially on last day keep updating it. That's my humble request and suggestion.
87.1. Rafiq| Link| Bookmark|
December 22, 2022 9:26:20 AM
Top Contributor (400+ Posts, 400+ Likes)
Thanks for sharing this. Keep us posted every day about the genuine premium. Tha ks in advance
87.2. Abhii VPG| Link| Bookmark|
December 22, 2022 9:31:34 AM
IPO Mentor (800+ Posts, 300+ Likes)
₹4 now
87.3. Romy HNI| Link| Bookmark|
December 23, 2022 10:53:32 AM
IPO Mentor (500+ Posts, 400+ Likes)
Chittorgarh mislead this time by giving wrong premium while smartinvestment.in was showing NIL premium on closing days....They have not given reason for the same.....It should not happen again
86. Student.| Link| Bookmark|
December 22, 2022 12:30:14 AM
Top Contributor (400+ Posts, 200+ Likes)
SME Mein Risk na liya karo.... 10% discount listing mainboard ipo ke 1 lot barabar hai.... Agar lc lagne ke baad fase, then you'll not return soon back to market.... Play safe
@all above members You members are great. Applying or applied in good quantity. All the best. Not to apply because biggies are applying with a reason is also great. Combination of different thoughts like this is the beauty of this forum. Enjoyed. But it's AVOID for me.
@Anant sir, just curious to know how many applications you have made for investing this huge amount and you will get approx how many lots? as looks like you will get assured allocation. will there be anything left for poor investers like us after that?
@ anantagg.. In our earlier conversation you said that lower selling price in preopen doesn't bring down the EP... But as per my knowledge and experience anything below issue price at seller side in preopen.. drag the EP down. As I knw you are goona do it again and I have no issue with this.. it's your money and you are wisest person to use it... Just want to knw am I missing something or you ?
Liked the wisdom of Gaurav DD and HniSJao. Finally few people could see, Soon more will understand these nuanced stratagem and maneuvers.
@Noorul, by your message it's clear that you did not applied after seeing his post. And we have not yet forgotten LeMerite and Swastik Pipe and Sabar Flex and list is long.
Hmmm..........He is just taking listing gain and he is only playing for listing gain. STOCK ke watt lag jati hai......which he doesn't care but no problem, its his money and its his strategy. If I were in his shoe........I never drag down the stock on listing with heavy sell order at lower price.
I am always ready to take some pain / some gain. All in all I am going to make money. I am still holding many CLOUD lots and enjoying the ride. Made huge money with HARIMOM PIPES too
@Noorul i think that putting a lower sell price will certainly bring down the EP otherwise how the EP is arrived at but I'll be happy to be corrected here @anatagg selling in pre-open may hurt your returns as well...so pls decide wisely. Disclaimer: applied 10 lots
@ Thoth.. My avoid call had nothing to do with his bet.. I put all my money in arihant.. and don't want to take chance when good option was available and Anant is a big fish and sometimes he knws some internal information that we don't know and some under rated scripts recommend by him in past also run... specially in mainboard and chances are here too that Uma may surprise on listing on postive side. I m not his critic at all.. My point was just to clear the confusion of this preopen.
@Vinny.. EP is decided as .. EP will go higher when buyer putting a higher buy price than issue price.. as the buyer increasing above the issue price the EP will increase.. and on other hand when seller put the sell order below the issue price that will drag the EP down.. more the seller below issue price more the EP down.. seller at higher level of issue price doesn't effect EP.
@anantagg, Always been curious about how you exit LIC on listing day. Did you exit with nominal gains or did you book loss considering that you would have got substantial allotment
84.24. Dowg| Link| Bookmark|
December 21, 2022 9:22:28 PM
Top Contributor (300+ Posts, 100+ Likes)
How can u apply for more than 20 cr when company only wanted 18 cr 😂. And what will be ur stretegy post allotment, we should be prepared for that.
84.25. Takamichi| Link| Bookmark|
December 22, 2022 7:18:41 AM
IPO Mentor (800+ Posts, 700+ Likes)
@gaurav dd diner good thing not to apply... Always better to avoid the stocks where anant ji has too much of vested interest..... Once u get into it, will very rarely come out with profit in that .... If in future i ever see his name in any bulk deal, i won't be buying it or if already did will come out of it the next day even if at loss..... Sabar, lemerite, daps This may give some profit but never for sure..... Better to save ur capital than get greedy for profit with such risk.....
Found one interesting thing in prospectus All the holdings level are in same line for the last 4 FY Raw Material: 3.5 Months WIP: 2.00 Months Finished Goods: 1.5 Months Debtors: 1.5 Months Trade Payable: 1.5 Months etc for every period disclosed
Quite interesting or might be very very surprising co-incidence (better to say well planned/or cooked)😜
81.2. IPO VALSAD| Link| Bookmark|
December 21, 2022 5:54:44 PM
Top Contributor (200+ Posts, 100+ Likes)
Last heard gmp is 3...
80. Smile.| Link| Bookmark|
December 21, 2022 3:50:42 PM
IPO Guru (1500+ Posts, 800+ Likes)
Lot of time mind was in mood to apply apply apply.. .. but finally skipped n participated in lottery of Arihant. I believe that uma is not made for discount listing.
80.1. Smile.| Link| Bookmark|
December 21, 2022 3:56:04 PM
IPO Guru (1500+ Posts, 800+ Likes)
Only huge borrowing was the reason for skipping this
In PNGS GARGI as per BoA number of shasres allotted is 1144000 whereas in actual they have allotted only 392000 shares. I think it is all fraud going on with small investors. That is the reason no one gets allottment in NII category at all.
I checked BoA of PNGS Gargi. In NII category they say we have allotted 1136000 shares but if we count in the BoA in all sub categories the number of shares allotted is only around 248000 Why this is so any seniors
Today a great day for me. Don't be surprised. When I gone through the posts @ Anant Aggrawal and @ other members of this forum, they might be having a finance company having business of investing in Share Market. Having a team of analysts. Investing with such a big fund in this company means a lot for small investors. This SME is going to be listed at a good premium. All the best to the team headed by anantagg. My views.
76.1. anantagg| Link| Bookmark|
January 15, 2023 9:40:48 PM
Top Contributor (200+ Posts, 200+ Likes)
Since it has been subscribed respectfully and most of the learned members turned positive ans reviewed positively no reason it should not give listing, short term and long term gains. I for one sent 27 retail applications and now wait for the listing day. Similar number of applications I have sent for Arihant but cghances there are bleak,.