Hi PPL I see so many people coming up with so many claims about the stock. The main thing to note is that the company has definitely been greedy to have come out with such high bidding range. With an overall subscription of 1.9 times, it will have a bad listing. I would personally avoid any such risk. I monitored the subscription rates till the last day and finally gave it a thumbs down seeing the disinterest of other parties. For those who have invested, try everything like stop payment, selling on listing day etc to safeguard your money... Tough days are coming for you
All those who applied, good luck! It'll be a game of fastest finger first on the opening day, as thta's the only day when you'll see any reasonable value for this piece of junk. After that you'll be lucky to get 3 digit valuation and the company will be true to it's name - Aqua as all your money will be underwater
STOCK IS NOT EVEN WORTH 100 RS AND LOT OF ITS PEERS ARE AVAILABLE AT LESS P/E
GOOD GUTS FOR IT TO COME AT SUCH VALUATION. IF PROMEOTERS SUCCED IN SUBSCRIBING IT WILL BE RETAILERS LOSS AND GREEDY PROMOTERS GAIN.THINK THINK THINK BEFORE AAPPLYING
Even after extending the date no one is coming forward to apply. After the issue closes more stop payment of cheques will happen. When no one wants to buy now,why will there be a demand after listing??
Let the issue devolve/bomb.
Let there be a good lesson for greedy promoters and merchant bankers who should lose their face. Let them write off all the IPO promotion expenses and show loss in the next QrR/HY
Dekhlena boss pakka vada kon jitta he kon harta he..2nd ka subscription and listing both dekhna.Mera company ke sath koi levadeva nahi he but as a trader i track this IPO.i also rec Syncom see its last day and my post.