Friends! I am new to SME trading. Can you give me some pointers as to how to trade on BSE SME portal or NSE EMERGE portal? How to buy post Ipo , How to sell post IPO?
I do not see the option of 'cut-off' for SME IPOs in Zerodha, where is that seen , someone please post the screenshot of the same from the SME IPO applying step ?
Hi....I am new here...kindly help...i have account in Axis bank...and when i apply ipo through axis bank...it is only showing me RII-individual category but i want to apply for 5.6 lakh rs...so how to change investor category from RII to HNI??
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January 20, 2024 7:49:42 AM
IPO Guru (1100+ Posts, 1000+ Likes)
Greetings of the Big Day. Today is Saturday and still market is opened today. Very few times that market works for the full day on Saturday. Today I am discussing the stock Shanti Spintex.
This company manufacturers & sells denim fabrics. It's annual revenue is 370 cr & net profit is 10 cr. The market cap is just 152 cr. This is very very less and it may be above 500 cr ( conservative) This indicates that Shanti is trading at vey attractive valuations. One can expect good gain in this counter. Most interesting that company is active in Renewable Energy. It has 2 MW wind energy power plant & 852 kw solar rooftop. All these plants will definitely boosts up the bottom line and improves the profit margin. All these initiative will certainly boosts the performance of the company.
The companies which have renewable plants along with the main work are working excellent in the market. The few names are 1. DP Abhushan 2. SKP BEARing. This is just illustration, no recommendations for any kind of trading.
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January 21, 2024 1:47:45 AM
Top Contributor (500+ Posts, 100+ Likes)
What are the growth prospects of textile sector in future?
For retail investors, is there a lock in period or can we sell the stock on the first day of listing? is it easy to sell or difficult to find a buyer for this SME stock?
15.1. IPOGainers| Link| Bookmark|
January 20, 2024 9:56:11 PM
Top Contributor (500+ Posts, 100+ Likes)
There is no lock in period. You can sell it on first day itself.
Regarding volumes, it depends upon stock to stock, some stock have good liquidity while some don't