A small SME of fresh issue size about 16 crs. An issue has a lot of craze in investors. The figures of subscription on very first day is very attractive. Shows the full confidence of investors. Now as far as revenue of last three years is concerned, is satisfactory with comparison to PAT to some extent. But first three months of current year figures are on lower side in comparison to last three years. Whether the company will cope up well to catch the figures is to be seen. As far as the borrowing is concerned, the first quarter of current f y seems to be on very higher side. The issue is to fund the future requirements. No pre or part payment of any borrowings. However, in my opinion, pricing of this issue looks on better side. EPS also seems to be good. Now go for GMP, who believe, is also on positive. The sector in which company is working seems to be good. All these factors in my opinion may lead to a very aggressive subscription. Allotment as usual to the luckiest and big HNIs. Small investors **to sit on the bank of a River and wait for the waves to come**. May come and touch the foot. Funds available, so to apply only one big HNI first time. Big doesn't mean more than five lots. Enjoy the end of 2023 with the nearest and the dearest..
@diwan kapoor@KAMMA SIVA RAMA KRISHNA Good evening and thank you both very much. Hope all well. Thanks for good wishes also. Not received even a single allotment in December 23. Never mind. Might be good for me. Have a nice time always.
@KAMMA SIVA RAMA KRISHNA Ji.. Best of Luck to you bandhu.. Hope the coming year will bring more happiness & prosperity in your life. @PKRAJ Sir.. You will definitely get your first sme allotment in 2024...Best of Luck Sir🎄🎄
@BullBull Thank you very much for loving the last line of my post. I always try to write something different in all my posts. It depend on the members whether they feel good or not. Wishing you a very good time with your family and **always learn from own experience**.
Kapoor ji, Please address me as your brother instead of using big words like “ji”. I shall be grateful for your kind words. God blesses you with all the best.
@Coolinvestor : Ideally, in some businesses, some quarters are dull while few are upstring. For example, for travel business, currently this is a boom quarter with marriage season ongoing and vacations seasons. So, their Q2 result will be different then their Q3 results. So prorata basis cannot be the most accurate way to calculate yearly revenue for all businesses.
Hello @Eva Jones : If you will not be able to sell it on listing day? How do you think there will be trade on listing day? Only if the allottees are allowed to sell the shares on listing day, then only there will be some Buy/Sell transactions on listing day.
Agreed, but there fluctuations in development projects across all regions. They do not have constant business across the year. Single quarter results cannot depict yearly revenue on pro rata basis accurately, we can consider that only as one parameter., but can that be deciding factor to compare with rest of the years, I dont think so
4. BLUE WHALE| Link| Bookmark|
December 21, 2023 9:27:26 AM
Top Contributor (300+ Posts, 100+ Likes)
@BLUE WHALE તમે બેન્ચમાર્કમાં કહ્યું હતું કે તે ડબલ લિસ્ટિંગ ઉમેદવાર (candidate) છે.. પણ 🙈 તેનું લિસ્ટિંગ % (+15% to +20%) જુઓ .. હવે તમે અહીં કહો છો કે આ ડબલ લિસ્ટિંગ ઉમેદવાર (candidate) છે.. સૌપ્રથમ કોઈપણ sme ipo પર ટિપ્પણી કરતાં પહેલાં તમારી માહિતી (information) તથ્યો (facts) જ્ઞાન (knowledge) અને અનુભવને (experience) બ્રશ up કરો. અને SME na ભાવિ લિસ્ટિંગ લાભો સટ્ટાકીય ચાલાકી ટિપ્પણી કરશો નહીં .. જો તમને કંઈપણ ખબર ન હોય તો અહીં બિનજરૂરી રીતે બૂમ પાડશો નહીં .. તમારી ખુરશી પર ચુસ્તપણે બેસો .. ✌️ (In BaBa's / SunRest Life's comments also you were speaking (shouting) unnecessary GMP / Listing Gains.)
4.2. BLUE WHALE| Link| Bookmark|
December 22, 2023 2:01:41 AM
Top Contributor (300+ Posts, 100+ Likes)