Look at Hiren message below. expected 200 rs gain . today is 3rd day and its at issue price and on verge of going below issue price
21. Hiren K. Sep 29, 2017 9:32:32 AM IST Reply SBI Life Insurance Company Ltd IPO
Something wrong on karvy allotment to RII. May be punters active on this counter ...May be tried to open 30- 50 rs gap up and move on up to 100-200 up on next 3-4 days....
21. Hiren K. Sep 29, 2017 9:32:32 AM IST Reply SBI Life Insurance Company Ltd IPO
Something wrong on karvy allotment to RII. May be punters active on this counter ...May be tried to open 30- 50 rs gap up and move on up to 100-200 up on next 3-4 days....
Hiren u better shut ur mouth. sbi is going below issue price. where is 200 rs gain in 3 days.
ALL THEIR COMPETITORS ARE TRADING AT 3 times P/E INFACT bharat wires which came with ipo at 45 rs is now at 90 even though its profits and sales is less than dp wires.Bharat wires is at 56 P/E
Dp Wires fair value comes at 180 rs if we compare this with competitors
there is value. why what happened? there are many issues listed today. you need to have some patience for gains. dont expect returns on single day. have patience for rewards
I am in ms ingot manufacturing and have good knowledge of market of steel bars and wires. This co would not have any marketing problem and they would get the raw material of scrap at very cheap rate and demand for wires would be high due to so many bridges under construction.
Fundamentals are the best .Price would go up.It is only question of timing and low knowledge of SME shares with general investors.I would suggest not to sell .Also promoters are holding 75 % shares.
DP Will list at upper circuit only. of 1.35 crores only 35 lacs shares are free float and rest 1 cr shares are in lock in period for 1-3 years. see circular on NSE EMERGE showing shareholding. To everybody surprise, Mr. Amitabh Harivansh Rai Bachchan is also a shareholder in the company holding 3,32,800 Shares. You see the share reaching 150 in a week''s time.
How and why Amitabh bachhan got share means he participated in ipo or there may be old connection with the company. One or two player need to make company share movement. Amitabh bachhan may purchase more tomorrow
Share allotted to me are not getting reflected in my ICICI Direct account. Can anyone advise on this. Further, is the process of selling the shares same for SME shares as it is for normal shares.