@PRanjan Congrats on your first sme allotment. Suggesting you to decide based on the pre- open price action for short term. GMP is decreasing based on the broader small cap fall.So be cautious to book maximum profit. For long term. You can hold for few results and decide accordingly.
DRHP mentioned Insolation Energy as peer to this company.IEL IPO came in Oct.22 and was listed at 76/-.and now trading at Rs.1100/- at PE of 140.Post issue PE of Alpex is 8.5.Further you can estimate.I intend to add 2 lots to my already allotted one if price comes to about 200/-.
142.6. Sandapaul| Link| Bookmark|
February 14, 2024 2:43:09 PM
Top Contributor (200+ Posts, 100+ Likes)
@kcm Alpex is oldest solar company but still they have not marked any progress, profits are inconsistent, plus very big issue... Dnt compare it with INA. INA was small size and best of all solar companies, they command premium due to their growth... Falling GMP has its reasons
133. rohiitian| Link| Bookmark|
February 14, 2024 7:29:29 AM
IPO Mentor (800+ Posts, 500+ Likes)
Applied 15/1/1/1/1 - no allotment
My dad got 1 lot here with 15 lot application. He also got Rudra with a 15 lot application. After many weeks of non-allotment (last in Presstonic), he's had a bumper day
132. NARESH ZALA| Link| Bookmark|
February 14, 2024 6:20:48 AM
Top Contributor (200+ Posts, 100+ Likes)
Ohhh my goodness Got 1 retail here Back to back 3rd allotment 1/5 Bhni park hotel 1/5 Bhni Rashi 1/5 Retail Alpex January mai kuch nahi mila.... Aur February Mai bearish ho rahi Hai!!!
130.2. whiteFox| Link| Bookmark|
February 14, 2024 5:47:37 AM
Top Contributor (600+ Posts, 200+ Likes)
Kya Mantra Mara hai bhaiya hamen bhi batao
130.3. Sharvam| Link| Bookmark|
February 14, 2024 7:45:29 AM
IPO Mentor (900+ Posts, 700+ Likes)
@Kabutar, Congrats to you also for getting allotment in Alpex. @ Whitefox, Yaar, mantra bantra kuch nahi hai.... bus nasheeb ne karat badle Hai... Dekhai Hai kitne din tak honeymoon chalta Hai...
Me too..got one lot out of 3 diff application... finally after hundreds of applications got my First SME just praying...@All keep applying consistently...any idea what's GMP ?
128.2. Agrawal S| Link| Bookmark|
February 13, 2024 11:24:26 PM
Top Contributor (700+ Posts, 200+ Likes)
I don't try it .. no point of doing experiment in SMEs.As anyway i have a capacity to apply at max 2-3 lots application..why to waste it on experimenting .. Going by the guidelines It should not be allowed. But there are members who try sometimes they can confirm