Tanco Clean Air IPO made a strong 27% premium listing after 58x subscription. Should you book profits or hold for the next rally? Read expert analysis, technical levels, and investor strategy for short-term and medium-term gains.
Tanco Clean Air IPO Lists at 27% Premium: Should You Book Profits or Hold? Full Expert Breakdown
Tanco Clean Air made a strong debut on the stock market, listing at nearly 27% premium, surprising many investors. The IPO had already created buzz due to its massive subscription numbers, crossing 58 times overall. After such a strong listing, the biggest question now is: Should investors book profits or continue holding?
Experts Avinash, Pradeep, and Ambala shared their insights on the stock’s fundamentals, listing performance, and short-term strategy. Here is a clear, simplified breakdown for retail investors.
Strong Listing Driven by High Subscription and Solid Business Fundamentals
Market expert Avinash believes Tanco Clean Air is fundamentally a strong company operating in the MAC (Manufacturing and Clean Air) segment. Despite being an OFS (Offer For Sale) issue, the company received robust demand.
According to him, investors who received allotment should hold the stock for now. He suggests waiting for the October–December quarterly results, which are expected to be strong, potentially boosting the stock further.
His view:
- Hold for at least 1–2 months.
- Fresh buying only for high-risk investors.
- Book profits at the right time depending on market momentum.
Is It the Right Time to Buy After Listing?
Many are comparing Tanco’s listing momentum with other recent hits like Groww and Physics Wallah. When asked whether new investors should enter now, Avinash clarified:
- If buying now, keep a short stop-loss.
- The stock may show an uptrend, but volatility will remain high.
- Medium-term investors can stay invested until the December-end results are announced.
Technical View: Profit Booking Recommended, Strict Stop-Loss Needed
Pradeep, who tracks IPO listing strategies, suggested a cautious approach due to high volatility.
Current key levels discussed:
- Support Zone: 480–485
- Important Stop-Loss: 480
- Recent High: Around 512+
His advice:
- If you entered for listing gains, book profits once.
- If holding as an investor, keep a strict stop-loss.
- Avoid fresh buying until the stock stabilizes.
Should Investors Hold or Exit? Ambala Ma’am’s Clear Guidance
Market expert Ambala highlighted that Tanco Clean Air is a promising long-term story, but short-term expectations should be realistic.
Her advice:
- If your view is 1–2 months, avoid fresh buying right now.
- Long-term or medium-term investors (3–6 months) can hold the stock or buy on dips near 480.
- For those allotted shares in IPO but confused whether to sell:
- If you applied only for listing gains — book profits.
- If you believe in the business — hold for growth.
According to her, investors must first decide whether they are traders or investors. Confusion leads to emotional decisions.
For Retail Investors: What Should Your Strategy Be Now?
Most retail investors struggle between holding for extra gains or booking profits early. The experts collectively suggest:
If You Got IPO Allotment:
- Book profits if your goal was short-term listing gain.
- Otherwise, hold for at least 1–3 months for better returns.
If You Didn’t Get IPO Allotment:
- Do not rush to buy at current levels.
- Wait for the stock to cool down near support zones.
- Enter only with a stop-loss and clear strategy.
Final Takeaway
Tanco Clean Air has delivered a strong 27% listing premium backed by robust demand and a promising business model.
But like every new listing, volatility will remain high.
- Short-term traders: Book profits or hold with stop-loss (480).
- Medium/long-term investors: Hold and wait for Q3 results.
- New buyers: Enter only on dips with a clear strategy.
This balanced approach can help retail investors avoid emotional decisions and benefit from the stock’s potential upside.