Those who aren't allotted shares in SME, this is your chance....Only be prepared for the worst. Sugar sector is on a high presently. However I don't think that is sustainable...Other than this, there doesn't seem any reason to apply. Again it's my personal view. Experts would know n guide better .... Skipped totally. First one of SME after quite a while...
It will be under pressure on listing due to 2/3 allotment to retails. Not applied. All the best to all applicants. I may buy after listing, currently don't have free money.
40. Rafiq| Link| Bookmark|
December 20, 2022 10:47:17 AM
Top Contributor (400+ Posts, 400+ Likes)
See how the company is misleading by saying it has 400 employees on its website but as per Dilip Dawda Sir comments page it has only 48 Employees on payroll.
Garibo paisa kamane ke chakkar me ye decorated IPO jo less subscribed hai use ulta teer mat le lena apne bodype......
37. ipo share| Link| Bookmark|
December 19, 2022 11:20:27 PM
IPO Guru (1500+ Posts, 700+ Likes)
OFS in SME IPO rarely seen. These companies are provided this special sme platform so that they can get finance for growth. In such nascent stage, promoters are selling their stake, doesn't look convincing. I will avoid, irrespective of whether it can give listing gain.
SUGAR stocks are blasting. Govt reduced GST from 18% to 5%
Hoping 30% listing gain after this news.
36.6. ipo share| Link| Bookmark|
December 20, 2022 9:51:46 AM
IPO Guru (1500+ Posts, 700+ Likes)
The most important thing for snall investors is to ensure safety of their capital. Question of gain comes lateron. When you see that capital is at risk, why to gamble? It is a clear avoid for me.