Guys I have decided NOT to apply in this, I am giving it a miss. Only on basis of very lukewarm response. RKEC is a good opprtunity(as it looks) so I will look forward for that. cadsys financials look good and available at damn cheap valuations, so why do the market is not subscribing it heavily. Are we more intelligent than the market? Or, is there something that we retail are not knowing but others are knowing. I don''t know. I will best of luck to those who applying. Sometime taking risks awards you heavily.
@Rvr - A question for you. Where do you get the oversubscription numbers from? I get from Nseindia.com but it only updates every 15mins. However, your data is for sometime between 4.15pm and 4.30pm. Can you please share how to get the data that you have got? Many thanks
I think this is golden opportunity to get allotment. Because of big correction in market,people are shying away from sme ipo. I think fundamentally this is a good company to invest.
very muted response from QIB and HNI. Only retail subscribed about 2.4x, not sure what to do. If anyone wants 1 lot, 2-3 applications are enough. Dont give more than that.
Hi Umang, I haven''t applied yet, waiting for subscription to reach at comfortable level. Moreover broader market is crashing so I and little afraid in applying these SME''s. I will wait till 3PM for subscription to gauge the demand.
Cadsys (India) Limited - Graphical display of bids received *
(* indicates bids position and not necessarily the subscription to the issue– bids received on the Exchange platform only)
As on 25-Sep-2017 13:45:00 IST Total Issue Size 2100000 Total Bids Received 2272000 Total Bids Received at Cut-off Price - No. of times issue is subscribed 1.08