Lexus Granito (India) Ltd IPO Message Board (Page 6)

1st basic threat to apply in sme vs mainline is the amount of risk sme has huge lots and if things go against investors in SME u tend to lose heck alot of money and at same time get good money too but I have seen investors losing more (As hugely subscribed issues have very low allotment and sometimes allotment is only done to known ones in case of registrar and holding company relatives )

2nd Basic threat is uncertainty (latest examples are Shanti Accord Laxmi after getting high high subscriptions all have disappointed )

3rd Basic threat is if you have alot of exposure in SME it says your portfolio is on high risk and with uncertainty things can go anyside causing huge losses ( I personally booked loss 100000 both in Laxmi ( had @ 20 ) and Accord ( had @ 86.40 ) .... My short term capital gain now is NIL lost all against earned in start of this financial year

My advise are --
1. Only go for issues that are fundamentally good and where you fairly have some chance of allotment atleast 1 / 8 or 1 /10 is the ratio

2. Please don''t stop any investments to invest in SMEs as these days it will not make any sense nnly go if you have free cash

3. If you wish to buy from secondary market any SME share please do firm study and only then take a risk .

PL check DRHP of this company. There is an exceptional item of around 3.57 cr in Fy 17 profits.Therefore the profit 5cr shown in Fy 17 is not operational profit.The exceptional item added to boost profit and confuse investors.

PL check DRHP of this company. There is an exceptional item of around 3.57 cr in Fy 17 profits.Therefore the profit 5cr shown in Fy 17 is not operational profit.The exceptional item added to boost profit and confuse investors.This is unsecured loan written off as written in cash flow (may be Jama Kharch) disclosed under Income disclosure scheme, 2016 by paying 45% Tax. If a company go for IDS we must not have faith in management and should not invest in it.

But Linkintme is an unbiased & credible registrar unlike Bigshare