Antony is hit badly by SBI and now SBI YES bank combo , no hope it we cancelled and has to refile again for IPO as last date is just 8 march , can not extend too
Raised 60 crores from 3 anchor investors. Information available on moneycontrol Anchor investors are Massachusetts Institute of Technology, Vantage Equity Fund and 238 Plan Associates LLC, which received 65.6 percent, 18 percent and 16.4 percent of the total anchor portion respectively.
I remember, when A2Z hit primary market. People are saying, it was a good company and will be a multi begger. Now its investors have become beggar. issued at 410 and now available at 3.90.
yes you are correct there is an issue with this company. looking at its peers not recommended for applying in this. Rakesh jhunjhunwala made very big returns on A2Z during the ipo he sold his 25 % of the total amount of shares he had, that to on a crazy profit of 20X of its initial investment.
97. Aniketiaf| Link| Bookmark|
March 5, 2020 1:38:20 PM
IPO Guru (1800+ Posts, 10200+ Likes)
S p tulsian has given AVOID Rating to this IPO. It boosted my confidence to subscribe it.
It is ok. I have also given two applications in physical form. However, the sub broker informed that in case he gets more applications, he will submit. The response is so bad.