Angel Fibers Ltd IPO Message Board (Page 3)

Angel -       2.23X
CKP - 1.01X

SUBSCRIBED FOR 1,22,80,000 SHARES TILL TIME

@umang will it list in MT group or M group? please advice

any final call for angel fibers subscribe or not

Beware , swarms of bees around.

Fully subscribed even in Avoid situation and still a day to go.

High subscription as said is not a criteria to judge sme. Look at recent performance of highly subscribed sme especially guiness ones. Ang ,jhandewala,laxmi cotspin (same industry subscribed 10 times ),tasty (same price),bohra industries . Now Compare this with sme given excellent returns and subscribed less is shrenik,fourtg dimension, univaastu, cmm infra etc. So better stay with fundamentals

Agreed. :)

Avoid. Cotton yarn business always do bad. Also guiness highly subscribed issue jhandewala foods and and lifescience too are below issue price
Infact guiness all issue are sell

Agree..never seen cotton industry ipo performed well...all greedy retailers please apply and get washed out

As predicted cotton industries never rewarderd....but still it @ issue price..hope it will go 24 to 23 zone in a week time and stay ther for years

If anyone want to go buy innovative tyres,Sri ram protein and sintercomm from.secondary market. Guiness issue had to be boycott after debacle of ang lifescience and jhandewala foods.boycott this issue completely. Also as u know this company p/e is very high and even peers are ruling at less pe. Cotton yarn last sme laxmi cotton is at half the issue price at 13 rs.

I do not agree. As all fingers of a hand are not same , one cannot treat all companies to be the same. All scrips may not perform in similar manner.
My personal interaction with the promoter of Angel Fibers and their financials gives hope..
On LM front , please also inform about the scrips that have and are performing better. I have
earned good returns.
Agree there are loads of companies available which may give good returns..But our hunt will go on...And primary market is the most attractive one.

Please go ahead and apply in bulk quantities .however none of the cotton yarn previously have given any return and destroyed investor money.i am not applying on this risky one.

cotton business is great profitable. higher graphs. angel fibers is in nice and safe ahead. i did many application and my opinion to you all guys that go for it. it will be open with 5% rates.

How much you will get for promoting this ipo

Future is cotton , Next Arvind mill , Do not miss .....

Day 2 @ 4 PM

Overall 0.51X

it is good profitable business. cotton business has bright future. i have to advised that go ahead in cotton yarn business. will get excellent profit

Forum moderator, please add new page for Hindcon Chemicals ltd ipo.

Subscription Dates      26 - 28 February 2018
IPO Price band      INR28 per share
Fresh issue      2,760,000 shares (INR7.73 crore)
Offer for sale      Nil
Total IPO size      2,760,000 shares (INR7.73 crore)
Minimum bid (lot size)      4,000 shares
Face Value       INR10 per share
Retail Allocation      50%
Listing On      NSE Emerge SME platform

For investors focus suite is a very good bet.
If you have holding capacity hold it for a long term for a year or two. It will be a multibagger for sure. Majestic Market Research Support Services Ltd (MMRSSL) is the promoter of the company which is also the promoter of MRSS. MRSS was issued at 12.75 two years back and today trading at 250 after issuing bonus of 1:1, i. e. Effective price of 500 plus a whopping 40 x return in 2 years

But is this ipo good ?? Umang said avoid .. post ur views sectheta nd others with subscription figures.. shd we put application or discounting can also be there

For long term go ahead and apply. But for short term wait for subscription figure because market is very volatile.
Apply on last day after looking subscription figure and market trends

Subscription on Day 1
Overall 0.21%

Sub to 11000

Day 1 @2:10 PM

Overall 0.09X

0.21X

But is this ipo good ?? Umang said avoid .. post ur views sectheta nd others with subscription figures.. shd we put application or discounting can also be there

Why to take risks in this time of turbulence, for mere Rs. 4k. I know it will not list in discount but it will not list above 28.It will languish around 26 to 28 level.
Companies in & around RAJKOT (Saurashtra) are managed by promoters & L. M. They take care to see that it won''t lists in discount. But it won''t give u profit.
Recent example is shri ram proteins.

IPO Share Fixed Price @ Rs.27/- per Share

subscribe or not

Market & subscription trend will deciding factor to Apply or Avoid on last day i.e. 23rd Feb

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