Looking at final subscription figure Tepid listing gains expected.
All the best
34.2. Scrip| Link| Bookmark|
October 6, 2020 11:23:57 AM
Top Contributor (400+ Posts, 200+ Likes)
Atam Valves too have same subscription figure but today they debuted at 5% LC. Beside that their issue was of 4Cr only whereas issue size of AAA is 10Cr. On the listing day NII will surely look to get out of this. Hence, I don't think of any listing gains.
Dear Deep AAA is a debt free co and Dividend Yield Co.but SMEs always Promoters and Operators Handel Game company has raised further equity in the price range of Rs. 42 to Rs.100 between March 2009 and August 2020. on Listing its give few listing gain
Did you get allotment? What about listing strategy
34.8. Aniketiaf| Link| Bookmark|
October 12, 2020 7:52:54 PM
IPO Guru (1800+ Posts, 10200+ Likes)
AKMP, Allotted one lot. As it's Sme, so no partial selling possible hence I will likely to follow the rule made by RAJAKUMAR JI- IN SME, PROFIT HO YA LOSS, LISTING DAY PAR HI EXIT HO JANA HAI. Thanks.
Ksolves has now more than doubled the issue price. Small IT companies doing well. Since it is debt free it should do well in long term. Shirt term can't be predicted for SME. This alloted should hold for some time .it's quite cheap in P/E terms.
26.2. jstm| Link| Bookmark|
October 7, 2020 12:31:22 PM
IPO Guru (1300+ Posts, 3200+ Likes)
I mean to say Like chemcon chem. and jet airways. Name Naresh goyal common in both. Both have pending litigation case in court. Let's see dhoot also becomes dhoot or...
How subscription may work in SME IPO. Get company agents to fill application, few relatives. In beginning subscription is shown. Retailer get trapped and apply The others withdraw application on last day .that's why you will see actual subscription very low in the final list.
22.1. Kishore S| Link| Bookmark|
October 1, 2020 9:39:42 PM
Top Contributor (200+ Posts, 100+ Likes)
Yes. It is easy to manipulate SME IPOs. That's why they are not meant for small investors
Recent few listing today listing secmark consultants closed 5 pc lower circuit. Hippo issue price 100 now 44 rs. Bonlon 28 now at 16 rs. Avoid apply in SME IPO to avoid huge capital loss.
One of the most poorly rated company in Glassdoor. Glassdoor which has 6 employee refer the company with 1 rating which is lowest Last time it was with fourth dimension solution Another SME company which was debt free when came with IPO has now closed operation. Please check fourth dimension solution which has similar reviews
Was checking Glassdoor comments on the company from Ex- employees.
Looks like the company is very poorly managed like a local road side company. The employees who have worked their have mentioned that AAA is most unprofessionally managed company. They do not even get salary slips too. Getting in to company is easy but exiting with with proper documentation is very difficult or impossible. Most unethical company as per X-employees. Better to do some more research on the fundamentals of the company as the balance sheets may be manipulated too :).