Sona BLW Precision Forgings Limited IPO (Sona Comstar IPO) Detail

Hi All
Request people not to sell a single share of sona blw from your demat account, keep accumulating on monthly basis. Mark my words
''''HOLD 1 LOT OF SHARES UNTIL 2036 U CAN BUY AN APARTMENT IN MUMBAI SOUTH BY SELLING THESE 1 LOT SHARES''''

What should be target to sell

Old habbits die hard🤨 Forgotten how my burgers had gone cold with heavy loss. Now I hit Sona @370, lanhi khota na ho jaye next weak. Motive today was to do intra day but ended in delivery😇 God knows why when share hit my account stop moving up that day!

Looks like operator play. Retailers who got allotment better book profit atleast partial.

Sona to the stars!!!!

EAGLE EYE predicted RS.5 AS Grey market premium??????

Shorting started, we may see LC today

guys, this was a super se bhi upper listing.

I must confess, I made a large HNI application on the day1 of listing and was wondering, if would get an exit at cost, what happen at 1030 this morning, is a different story all together! I am happy, didn''t sell any shares today.

Upon seeing 328-330, I though I will wait until 340, but the way volume cough up, i started expecting there might be a ckt trap!!!

Ckt at 361 got hit, then placed the stop loss order trigger order for 350, which didn''t hit, so still intact with all shares.

Now the question is has a perfect shorters trap being laid!!! how about a second ckt tomorrow???

@ NSE - 4.18Cr shares are traded and 1.87Cr, approx 45% are marked for delivery, important point is when the ckt hasnt opened during the day from around 1130 onwards, there is a very good likelyhood of short traps and tomorrow there might be a gapup opening, there is no free float so where will the stock come from???

lets discuss.

OMG, what this phenomenon called!!! Who bought all those shares? Is it a game😱🧐🧐🧐🤷

This is the Dark Horse IPO. Good company, also has FI Investors(promotors) and now good anchor Investors. Invest for good gains.Invest after doing your own analysis. Enjoy.

Has closed at 421 today and Macrotec (Lodha Developers) at 772 . Going on similar trajectory.

I have given analysis for Gland pharma as well. Invested 1.2 lakhs in IPO when there was pessimism (chinese promoter) go ->t a profit of 1.2 lakhs (still holding).

You can follow me if you want to make good profit in fundamental good companies. I won''t put analysis if I am not satisfied with the company.

I have posted a message on June 17th and posting again for the benefit of this forum.

@Arun, then is low QIB mean good price? You are telling about a company Chalet which is completely into a different sector and has not posted free cash flow. You are comparing Apples with oranges. High QIB with less HNI means good allotment and decent listing (might/not be spectacular). I can quote many examples of the same where HNI was not subscribed fully but had good QIB demand like HDFC Life, Gland Pharma.

Sona company has 75% QIB, 15% HNI, 10% Retail with overall IPO size of 5500 cr. In this Anchor investor placed almost 2500 cr. Rest 3000 cr, QIB portion is 2250 cr. It has been subscribed 3.5 times in QIB. So investment made by QIBs is close to 8000 cr plus Anchor investor which comes to 10500 cr. HNI is 450 cr and that go subscribed 0.4 times that comes to 180 cr. Retail portion is just 300 cr out of total 5500 cr and got fully subscribed. So QIB allotment will be close to 83%, HNI 7% and Retail 10%. If any selling pressure from retail and HNI which is 480 cr will be more than easily absorbed by QIB. So demand will be more than supply and as a result the stock might perform better than expectations. QIB wont''''t be selling. In fact will be adding more as many QIB who did not get allotment will purchase from open market. Remember that Anchor investor lock-in period is for 1 month which means they can''''t sell within 1 month of listing.

Note: I have explained in detail to give more clarity and is just based on demand and supply and quality of subscription.
I have clearly described Fundamental analysis and future growth prospects of the company in my earlier posts in this forum.
Anchor list is rock solid and reputed institutions have subscribed to it as this company will be leading Auto component manufacturer for EV in near future and strong earning growth and operational metrics.

I remember one song from Karishma kapoor''s movie

Sona kitna sona hai
Sone jaise tera man
Sun zara sun kya kehti hai
Deewane dil ki dhadkan
Sona kitna sona hai
Sone jaise tera man
Sun zara sun kya kehti hai
Deewane dil ki dhadkan
Tu mera tu mera tu mera
Tu mera tu mera hero no.1
Tu mera tu mera tu mera
Tu mera tu mera hero no.1

Will circuit revise from tomorrow or same of 20% ??

Is there Chances for upper circuit for tomorrow ?

red siren is played first time among all gmp players for sona blw
so be carefull on listing day

confirmed with delhi, mumbai, rajkot, ahmedabad all r now seller below 0

Guys I''m from Auto Parts Industry. This company is very much overvalued. So don''t expect long term return. They have a very high PE/Ratio, EV/EBITDA and PB/Ratio. Why are people expecting returns on this kind of share. Its just that a FII is a promoters its doesnt mean that the company is good. Please check the financial and fundamental of the company.

After hitting the upper circuit, can someone (who possess the shares) still sell them? Or is it done for the day?

Remember, I told at the time of Antony, Gland pharma and this time for Sona.. Perfect analysis bring good result. You can check my comments on Message Board, Now Sona up 23%.

Circuit lag gaya maamooo. 361.20 (24.12%) up... Enjoy

मजा आ गया 261.20
सबकी आवाज बन्द CNBC,ZEE अनिल
बड़े बड़े महारथी धराशायी

thank s to all

UPI 4:30 to 5 PM

:)

Lukewarm participation from NII and good response from QIB are blessings in disguise for the retail applicants.Chances of allotment are high. Only the risk taking investors are advised to apply. I made multiple applications each for 1 lot. Optimistic about medium to long term gain.

Yes. I made 5 multiple applications but each for 1 lot only. Got allotted in all the 5, But I could have applied for maximum lots available under retail for each of the 5 applications. Gain would have been mind boggling.

hmm... No one knows the future