Atam Valves Ltd IPO Message Board (Page )

AVOID

To all applicant
In sme IPO
Try to protect capital first.

Bid ask window says it all as of now.

Trouble has risen for all the allotees

Atam sme ipo was a perfect avoid for me.
Listed at par
No means of applying

Proved right just by not applying

All the best to all allotees.
Stay cautious
Sell on listing day IMO

Sell on listing. Very poor fundamentals. Company has debt of 5 crore and profit of 61 lakh only. It does not own any manufacturing unit. It should be trading below 20 rs within 6 months

When NII is Subscribe more than 10 times then think about apply.

Listing may be 41-42

Should be Apply in this counter

This message has been removed by a moderator.

why then is SEBI allowing fraudsters to prosper on our exchanges?

Don't get excited with nii bids. All are bogus, apply only when nii more than 10 times. Today's nii bids are bogus, only to attract retailers . These bids will be rejected due to some technical reasons. They are very clever. Remember real nii always put in their money at last day of any successful ipo. They don't block on the 1st day. See recent & past examples of ipo's.

NII bids are to trap Retail investors

Though I won't apply in this but don't know why I think 40 is a fair issue price and it may perform well in 1 year. Like Midhani

Degrowth in financial date . Avoid

Good night

After listing it will trade around 27 to 30

Highly possible