On first day, D. P WIRE & TIRUPATI BALAJI GOT GOOD SUBSCRIBITION FROM HNI & QIB. I THINK THIS BIG PLAYERS WHAT TO DISTRACT RII FROM CADSYS & AARVI. FORUM MEMBERS VIEW INVITED
cadsys seem to have consistent performance in last few fiscals inspite of headwinds in the IT sector. Further i feel that techonlogical services such as geospatial analysic etc have a good future. lets wait till 25th to have a look at subscribtion numbers and then we can decide accordingly
Promoter background is good. strong fundamentals with attractive valuation in recent SMEs. Good growth in the business. They have received Best SME awards twice in the past.
Seems good, but IT as a industry going through rough patch. Let''s watch subscription figure & then take decision. Although it is at dirty cheap valuation.
Hi Friends - I am new to the SME market. Can someone let me know if it is easy to sell SME shares after listing. I am planning to apply for Cadsys and hence need your advice. What is the market timings for trading SME shares?
No.... It is high risk and high return game. Firstly, your broker should be participating in trading of SME shares, else you can change broker or skip SME IPO. Secondly, you can buy or sell in market lots as specified at the time of IPO only. Not in units or hundred etc (like regular shares). LAstly major problem is liquidity related. They are actively traded only in initial days of listing and post that it is forgotten conveniently. So bear these points in mind while dealing in SME IPO.
I have applied penta gold SME 140000rs through Karur vysya bank at NIZAMPET near HYDERABAD issu is canceled but the Amount is not unblock touch with Bank by phone because I am not in station the said I will follow up till 4days what can I do please help me
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September 18, 2017 10:40:45 PM
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Post Issue Share Capital : 75,02,500 Post Issue Market Capital @ Issue Price : 70 = 52,51,75,000 (52.5 Crore)
Consolidate Profit : 10.94 Crore (FY 2017) If Management can deliver similar level of profit with slight growth rate than also issue price is at 4.8 PE multiple (FY 2017 Earnings) and 4.5 PE multiple (FY 2018 Earnings)
As per my understanding it should be having at least 8 to 10 PE multiple. 8 is reasonably priced at current condition for this sector.
Target 85 to 90 Rs on listing day. It can do better if QIB and HNI figures are good.
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September 18, 2017 10:45:40 PM
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Comcast , Verizon and Google Fiber are some of the big clients of the company and company have 500+ Employees at Hyderabad center.
We feel sorry for u shareking. They would have given one lot less to me & alloted to you. Because if you don''t hold any share then you don''t visit this page often and we miss u
Also keep in mind that most of IT company''s are under pressure due to USA policy by Trump Govt. Also dollar weaker & weaker against our Rupee since honorable Shri Narendrabhai have taken a charge as a P M of India , Heavy computation between big like Infy , Wipro , TCS , Mahendra , L T info etc & lots other . Experts Pl put your views ..
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September 18, 2017 11:03:51 AM
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