Shadowfax IPO got Negative Listing gains
Hello Hive Fam!
Hope life is treating you well wherever you are in this part of the world.
Last week, I posted about an IPO in this blog, and I talked about the company called Shadowfax Technologies. This is a logistics company that opened its IPO for the general public, and the stock is listed on the market. I was not lucky enough to get the allocation for this IPO, and I applied for two lots. The per share price was INR 124, and a minimum of 120 shares was required in one lot. Therefore, anyone who applied for the IPO had to invest a minimum of INR 14,880.
I applied for two lots because with a higher number of lots, the possibility to get the allocation is also higher And I was not lucky enough to get the allocation so I was slightly sad when this allocation was revealed a few days back. today when the stock is listed on the market, the price less by 12% than the IPO price. Now I am happy that I did not get the allocations, else I would have lost 12% of my money just in a matter of a few days. I understand that investing on IPO is risky and there is no guarantee that every listing will be profitable, but in 2025, my success ratio was good.
This is a popular logistics company, and it is also backed by a leading e-commerce giant called flipkart So there were chances that the stock listing will be happening with some premium, but not clear what went wrong, and it happened with 12% discount on the IPO Share Price. logistic a very rough industry Where profitability is also very competitive because of so many players in the market, and since this company primarily deals with e-commerce platforms, their business model is kind of stable. Probably because of this reason, people thought that investing in this company could be a good decision.
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Overall, there is a loss of 9.19% on the listing price, and for me, it was a short-term stock, so I have no plan to buy this now. Choosing a gem through IPO is not easy, and before I go for investing in IPO, I also go through the balance sheet, cash flow, and debt, etc. It's a good example that despite looking through thorough fundamentals, an investment can be loss-making. This is why we should always diversify and never invest everything in one asset/company, even if it looks too good. I am glad that I did not lose anything because I did not get the allocation, but many people lost money on this IPO.
What strategy do you follow for investing in Stocks or IPO?
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Images courtesy- https://groww.in website
Posted Using INLEO
Never heard of the company before. Small Cap I guess.
Its not a global company, and you say its a Small Cap
My friend, I think that even though you didn't get it, you still came out ahead, and diversifying your options is good advice. I'm not currently investing, but I'm preparing for the future.
I wish you success and will be following your investments closely; I'm learning about this new world for me. Best of luck!
Agree that diversifying is the best method and I follow it my investment strategy so it helped.
It's good that you weren't approved; it was ultimately beneficial. What you should evaluate is what happened so you can be more careful with your next investments, but it's difficult because, from what I see, everything depends on external factors, as has been explained to me, and investments are a risk.
Indeed, I somehow escaped from this loss-making situation just because I did not get allocation
You dodged the bullet of a quick 12% loss :)
I don't like playing IPOs they are too risky because there always seems to be someone to dump on you...
Agree that I saved myself from this quick loss so I am happy, You are right its a risky segment of investing
You live. You learn.
Use this for future experiences in this field, because you've certainly learned something useful.
Absolutely and I try to be careful before investing on IPO but sometimes nothing works but surely its a learning
There is no gem in IPO market...those which has good reputation alwsys get a higher subscription making it on luck to get some allotment...why dont you try to sme ipo, if you get a lot it will give good return, because the lot size is more.
This year the start has not been good but last year a few were really good in terms of profits. Hope we see more good ipo coming this year
Have you tried applying on bharat coal...? It just doubled the i vestors money....my friend working in bccl got his 14 lot altogether...quite lucky to get all.amount doubled.
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This is bad. Most of the time when I have applied for an IPO, I didn't receive any allotment of shares and hence stopped investing via IPO..
This time I am glad that I didn't get the allocation. But I relate with you that getting no allocation is frustrating
So IPO is a risky investment. Glad to know, thanks for sharing your experience. It is really hard to find things to let your money grow.. Gold maybe? or Silver.