Please avoid both ganga pharma and blueblood ventures.both have very bad financial data and expensive valuations
if you want to by SME buy from secondary market the below SME and you will gain in long term. all below companies have good management.turnover in range of 10-60 crores and profits inm range of 1.5 cr to 10 crores
all above stocks are very cheap good comopanies and excellent growth prospects. above al they have all been rated very good by Mr Dilip Davda(good analyst and success rate)
Hi All, Any views on upcoming sme ipo "Blueblood Ventures Limited" and "Ganga Pharmaceuticals" http://www.moneycontrol.com/stocks/pickoftheweek/equityreportfinal.php?eqid=BV http://www.moneycontrol.com/stocks/pickoftheweek/equityreportfinal.php?eqid=GP14
Also please help me on this. I have icici savings and icicidirect demat account. How can i apply sme ipo with this? I cannot submit application by person since am in abroad.
Is there a way i can apply online? Waiting for reply. Thanks.
In my earlier post i have mentioned about the hardcopy submission - "You can downthe hard copy of application form from NSE/BSE SME website under current IPO section and filled form (bank details to block funds otherwise a draft and DEMAT details) you can submit to any branch of your bank which is ASBA enabled(list available on BSE NSE both). that''''s what i did for FDS. I have account in ICICI and i submitted the form in ICICI ASBA enabled branch near my office."
Since you are abroad i dont think you can follow this process in case of no online support from Banks. ICICI & sharekhan dont support SME IPOs on online platform. Usually i apply online through my SBI account since most of the time i found SME IPOs online application available under SBI ASBA page. Cant help much in your cae buddy!
My Corp Bank ASBA debited on 16/01/16. NSDL sms for credit of script in Demat a/c received on 19/01/16 8 am. But Registrar site still shows nothing. So donot waste time in visiting their site as I did for several days.
As I did not know where to lodge the application, I missed out on this SME IPO. My SB a/c is with HDFC Bank. I regularly apply for IPO online logging into HDFC Bank net banking and apply for IPO with my Karvy DP id (thru the HDFC Securities site). ASBA only.
This IPO said ASBA is available with "self certified banks" but HDFC did not make it available online. HDFC Securites online IPO application system did not show the SME IPO available at that time.I have made a online complaint with HDFC Bank.
I would like to know the way to solve this issue and apply for future SME IPO also with HDFC Bank online IPO route & HDFC ASBA & Karvy DP id.
I request investor friends online to give me suggestions in this regard.
Thanking you in advance for the time you are going to spend for me.
Open a bank account with union bank, Bob , kotak, etc they will allow you to apply for nse emerge ipos SBI will let you apply for bse sme ipos
You trading and demat account can be with any broker. Just check once shares are allotted in ipo then your demat provider allows you to sell that or not?
You can downthe hard copy of application form from NSE website and filled form (bank details to block funds otherwise a draft and DEMAT details) you can submit to any branch of your bank which is ASBA enabled(list available on BSE NSE both). that''s what i did for FDS. I have account in ICICI and i submitted the form in ICICI ASBA enabled branch near my office.
dont forget Fourth solution and RICOH india is in partnership of these projects. this is news for today. its a huge thumbs up. dont give away good stocks so easily as you wont find a better listed company than fourth solution .
IB you are wrong on 1 count. SIIL is in textile sector and emkay is also in different sector(emkay priced it at 300+ not many hni like sme price of 100+ anyway)
second fourth dimension is an IT company. you know how digital india and contracts wil be awarded. well NSE emerge ipo are usually stable on day 1 but given fourth dimension solution long term growth.
remember its a 5 CMMI level company(it is a big recognition for IT company). Also the P/E of 3 is too less for a 600 crore sales company.
it might be in range of 32-35 on listing day but it will surely reward people who keep it for long term as it will be foolish to sell a 650 crore yearly sale company at 30 crore market cap.
look at its clients and website and dont compare it with SIIL(SIIL is a traded company in textile and export in dubai only and check its website also does not hold promise )
when you compare it check other NSE sme Sanco industries,mitcon consultancy,veto switchgears. they have almost doubled now. would you mind doubling your money in 1 year?
nse IPO sme are atleast better than keeping in fixed deposit. they are slow movers but eventually rewards people who hold these companies
its client base is huge and remember addhar card and other givt schemes it will be hugely rewarded.
not to forget its client RICOH India has tie up with Siemens. So eventually all IT implementation orders would increase more for Fourth Dimension solution
IPOANALYSIS I too applied in ofs got nothing. I agree SIIL and emkay are in different sector say textile and tapes and tools but i meant to compare them with their peers and not with fourh dimension even there you would find them cheap. See BS of Emkay they have invested in mid cap shares and mutual funds etc and the present value of that investment is more than their market cap rest aside their core business i e tapes and tools where they are established players for years and growing good, informed investor should go by EV or market cap and not by price i repeat the fair value of emkay is 700+. SIIL has paid dividnd to it investor even after a couple of months of listing i say one of the rare sme companies who pay dividend. So i dont see any issue with corporate goverance though they are indulged in regular trading may be manipulated but their aim seems to be on mainboard where can we only see the fair value. I had sanco and still holding VETO. sanco was at par for many months. I existed with meagre profit. Veto too was almost at par for many months. RICOH is a different story. its KMP/directors are ex employee of very big public sector bank and they have encashed their liasion however I tell you their products are not peforming very well wherever they have supplied still i say wait and watch in RICOH. Nonetheless Fourth is having only some tie up with RICOH how much it will pay the time will tell. Yes I agree fourth is very fairly priced at 30 and may list aroud 32 say may give listing gains. BUT I AGAIN SAY SME IS A VERY RISKY PROPOSTION AND ONLY HIGH RISK APETITE INVESTOR WITH VERY HIGH LIQUIDITY WITH INFORMED GUIDANCE SHOULD GO FOR IT. I MY SELF HAVE BOOKED LOSS IN MANY THOUGH WITH PROFIT IN OTHERS
DEAR IB,U R ABSOLUTELY RIGHT ABOUT NSE SME IPO..ON NSE SME IPO U WILL NOT GET VALUE FOR MONEY.. ONE HAS TO WAIT QUITE LONGER TO GET REALLY...VALUE.....U TRULY SAID HIGH RISK APETITE INVESTOR SHOULD APPLY IN SME IPO.......I REQUEST U TO WRITE REGULARLY ABOUT FOURTH COMING SME IPO FOR BETTER KNOWLEDGE TO RETAIL INVESTOR.
IB , STOCKS RISE WITH NEWS. RICOH IS A BIG PARTNER OF FDS AND INFACT THEY HAVE TIE UP AND MUTUAL AGREEMENT THAT ALL GOVT. TENDERS AND ORDERS WOULD BE MUTUALLY APPLIED.
CONSIDERING DIGITAL INDIA AND EVERYTHING WILL BE DIGITALIZED IT IS SOON TO GET MULTIPLE ORDERS. OTHER SME DO NOT REMAIN MUCH IN NEWS BUT FDS WILL BE DIFFERENT AND INFACT THE ONLY IT COMPANY TO BE LISTED IN NSE EMERGE
DONT FORGET THE CHEAPEST IT COMPANY IN INDIA IS RULING AT 7P/E AND THIS ONE IS PRICED AT 3 P/E WHICH MAKES IT CHEAPEST STOCK BOTH IN NSE EMERGE AS WELL AS AMONG IT COMPANIES
LETS MEET AFTER 3 MONTHS OF IT LISTING AND WILL SEE THE PRICE WE ARE ALL TALKING ABOUT WHICH IS ABOVE 60 RS. .
See ib and sonmaya. I told u this is first IT company on nse emerge and is the first contender for digital india govt contracts. Ita upper circuit 20 pc. The stock desrvesa atleast 10 pe then its fair value Iis 102 rs.
ipoanalysis pls see my comments i told fourth is fairly priced will list around 32 and will give listing gains see it listed at 31.85 and gave listing gain yes agree above expectation. i also told i ve appled i got 1 of 2. but 102 is too optimistic. see your expectation of ofs of 6070 its is trading at or below issue price of 25. so donot be too optimistic on fourth i think it will settle in couple of days near at 46-50
Most of the persons are very hopeful of this IPO. As i told earlier this will list around 30-32 so nothing to worry about who have not applied. Mark my words and forget 200 or 60 i even say 40. Septa this ipo is on NSE and not on BSE the NSE emerge previous record supports my words. The prices are not fundamentally sellted there are so many factors to consider. EMkay and SIIL are listed on NSE emerge I applied for both. Please go through their RHP the deserving price for emkay is 700+ and for SIIL it is 200+ stil they are trading at 350 and 65 odd price agaisnt issue price of 330 and 60 even after so many months. i myself exited almost at par from EMkay. If you see trade pattern of SIIL you will realize that is manipulated. if you give sale quote 70 it will trade at 69.80 if you give sale quote of 69 it will trade at 68.8 so liquidity is also an issue in SME. only high risk apetite investor with very high liquidity should think for SME. Though i applied for fourth but not hoping any thing extraordinary. I have suffered loss in many sme like pb films carewell Dhanuka etc though I earned profit in others But I study each word of rhp and consider other many factors also. so be careful. ALL the best