24. ipo share| Link| Bookmark|
September 28, 2023 4:24:39 PM
IPO Guru (1500+ Posts, 700+ Likes)
Today's SME listings, particularly Cellecir and Hi-Green have didn't list in accordance with their GMPs. GMP was around 50% but listing was flat. It is advisable now to apply in SMEs only when one is satisfied with their fundamentals & valuation and willing to hold for sometime. One may be disappointed if applying only for listing gains. This is my personal feeling after watching today's abnormal listings.
24.1. G profit| Link| Bookmark|
September 28, 2023 4:59:50 PM
IPO Mentor (1000+ Posts, 200+ Likes)
Sir, your recommendation for Goyal?
23. G profit| Link| Bookmark|
September 28, 2023 4:15:58 PM
IPO Mentor (1000+ Posts, 200+ Likes)
22. G profit| Link| Bookmark|
September 28, 2023 3:20:19 PM
IPO Mentor (1000+ Posts, 200+ Likes)
My suggestion is not to blindly shy away from sme ipos. Recent euphoria and abnormal listing premiums have come to an end and markets will reward according to fundamentals, not just oversubscription or GMP(which all investors are not aware fully). Apply for fundamentally good stocks and we can get profits in mid term and long term. If listing gains are limited, over subscription will also be nominal and allotment would be better. Also better to follow ipo gurus and ipo leaders of this forum who guide correctly.
21. IPOGainers| Link| Bookmark|
September 28, 2023 12:03:19 PM
Top Contributor (500+ Posts, 100+ Likes)
@ALL - Be careful while applying in SMEs. Dont get fooled by GMP. See listing of Hi Green, Chavda, Cellecor, etc.
@Mr. Nc Thanks much appreciate. Since no allotment in hi carbon can use funds for both.
14. Ananda K| Link| Bookmark|
September 26, 2023 11:23:50 AM
Top Contributor (500+ Posts, 200+ Likes)
Experts plz suggest. I can apply for only one of the following SME IPOs. Which is better to apply? Goyal Salt E Factor Experiences Canarys Automations Oneclick Logistics India Vinyas Innovative Technologies