Aristo Bio-Tech and Lifescience Limited IPO Message Board (Page 15)

Revenue Decreasing & Profit Increasing

One more JFL?

@Loy Hus @Loya Hus..

Welcome to CG..

Are you two brother/sisters or relative of each other ???

Hope they enlighten us in other upcoming IPOs also ......

An AVOID candidate for me...

SME IPOs also started coming at high valuation.

Avoid.
Expensive.

Market don't like the Agro chemical sector in general. Heranba industry ipo came in February 2021 @ 627 and till today it's trading at much lower valuation and struggling for the ipo price. All though it's trading at very low valuation.
Now Let's see how market reacts for this sme

@abc xyz
It is very difficult to compare main line and SME Ipo at a time. Both have different type of investors. As far as the price of Heranba is concerned, I have made profit in this IPO. Last 52 week high is 744. No doubt it is below offer price today.
Now these days SME fancy is there and 7 out of 10 SMEs are giving good and out of these 7 some are multibaggers. Performance of main line is not good at all. Even today's listing of SME is great.
I don't mean to say here that members should apply in this SME. There is more time to think about this. Sometimes members decide on GMP and subscription figures also. Mox disappointed every one. It happens. Not against your views.

Looking to the performance of the Dharmaj & Heranba which are doing business in Agro chemical, decided to avoid this issue. Although Dharmaj & Heranba were in main ipo but I personally feel that market don't give good valuation to the Agro chemical sector . Dharmaj which was subscribed nicely & having good gmp too trading below ipo price. Number of examples are there and hence waiting for the good candidate for subscription. This is my personal view only.

Very good SME for listing gains