So confusing. Some members saying it will get oversubscribed, some saying don't apply. I always avoided SME IPOs till now. Senior members pls guide.
21.1. Smile⏏️| Link| Bookmark|
January 12, 2023 7:13:16 PM
IPO Guru (1500+ Posts, 800+ Likes)
Now majority are oversubscribed and after todays listing josh will be high. If u haven't applied in any sme, then wait for next, previous from this sector was a marginal call.
Best option - keep fund ready wait till 2 or 2.30 pm (most bank allows till 3 pm to apply) on last day, check the subscription and apply... You will also see change in opinion both ways from current message...
Ihave seen in some company where independent director Mr Ratnakar Rai has in it had done extrmely well from Investors point of view in terms of CO. fundamentals Issue size and Shares perfectly priced.
Phele bola subscribe kroge hi nahi Phir bola agar 100+ hue to apply kroge Esa kese bhai
Na matlab na Krneka hi nahi phir chale na vo 360+ subscribe ho jaye😂
14.5. ipo share| Link| Bookmark|
January 11, 2023 6:48:45 PM
IPO Guru (1500+ Posts, 700+ Likes)
@SMEIPOKING I think it will get good subscription despite reducing revenue (and surprisingly enhancing PAT) because there is no other IPO to park idle funds. And I think you will also be applying on last day after seeing subscription figures. Good luck 👍🙏
What I think.........these people spending 1.2 cr........that some ULTRA HNI subscribe it heavily and on other hand, they apply another application with same PAN details and that application treated VOID
Whereas public only follow subscription figure and If I don't like financials, I am not going to apply in it heavily.
Muje to ye company bakwas hi lag rahi hai............ 24 PE...............I will stay away
Apart from sector negatives mentioned by knowledgeable members, company profitability ,NPM,is hardly around 1% most of the time. On a turnover of 200cr+ net profit hardly 1 crore or so. Such a blade like thin margin can vanish any time even by a small fluctuation. This is single most -ve factor to avoid this ipo.
Experts please help !! I am stuck in All E Technologies as my sell order not executed by upstox and currently i am holding it @157.5 (short sell penalty) its huge loss for me please suggest future stretegy for the stock.
Upstox team'se email ya call se bat kare pahle tray karo vaha si bhi na ho to nse me upstox ke khilaf complene karo
9.2. ipo share| Link| Bookmark|
January 11, 2023 7:44:41 AM
IPO Guru (1500+ Posts, 700+ Likes)
Don't suffer loss on account of other's mistake. First send complaint to Upstox and then to their Depository (NSE or BSE). Finally lodge a complaint with SEBI under SCORES.
9.3. ipo share| Link| Bookmark|
January 11, 2023 7:47:13 AM
IPO Guru (1500+ Posts, 700+ Likes)
If its coming at 24 PE................better to stay away.
7. CoolAsh| Link| Bookmark|
January 10, 2023 3:09:56 PM
Top Contributor (500+ Posts, 100+ Likes)
Post issue equity: 5.88 crores, Annualized profit based on H1 '23 super earning 5.16 crores. Annualized EPS 8.8. PE ratio at the asking price is 8.09. Sustaining the current profits is the key