345.1. lokes| Link| Bookmark|
May 24, 2022 10:20:35 PM
IPO Guru (4300+ Posts, 5100+ Likes)
Zerodha already sent mail for that.
Dear ...... ,
Venus Pipes & Tubes Ltd. had come out with an Initial Public Offer (IPO) and the shares have been listed and admitted to trading on the exchanges from today, May 24, 2022.
The buy average for the holding will be automatically updated on Kite and Console in a couple of days time. Until then the buy average will be displayed as NA. The IPO allotment price was Rs. 326 per share. You can sell the shares normally if you wish to. This will not have any effect on your trades or your P&L.
@Vultureee You also must have got the email @lokes enclosed above. Even that email do not list any reason and I had seen that yesterday morning itself when i noticed NA in price.
345.3. Vultureee| Link| Bookmark|
May 25, 2022 10:07:35 AM
Top Contributor (400+ Posts, 300+ Likes)
@lokes Thannks sir..... for your comments.....@cold burger sir, ya i applied one lot from friend's account so there he got the allotment...so he must have got the mail...anyway its showing now. thanks
@Chem Cho - Please guide, can we see upside in immediate future? I exited one lot at 355. Holding one lot if UC hit then exit. Cannot say how new scrip will behave already in much loss in Rainbow!
I have set sell order for 350. Hope it executes as LC seems a game here and broke twice, still I do not want to take risk with new scrip, we do not know the bottom of it.
Guys I already told you, apply with full force, Gujarat based company always give listing gain. My prediction was right. Enjoy listing gain. Now wait for another Good Ipo.
At present value....after listing... HNI gains ... Delhivery ...22k
Venus......18k.
While allotment in Delhivery was a piece of cake. I guess market is timing the sector accurately rather than going up with valuation. Delhivery is key to online retail..still overpriced but a key to online retail.
The plan was to make people sell in panic and operator succeed ..40% of Hni + RII holding sold...more such events may come in next 3-4 sessions. 400+ is possible...maybe even 450... Hold tight. Disclaimer: not allotted but picked up 200 in pre-open for BTST.