Lagnam Spintex Limited IPO Message Board (Page 5)

Now see the magic of hni subscription for next half hour. I have applied one lot on the basis of good LM. Let see

At 3.20 pm
HNI 74%
Retail 4.3 times.
HNI not participating big way so i skip this issue.

At 1.30 pm
HNI 61%
Retail 3 times.
So for hni subscription is not impressive.
Hni only drive the market.

NO BYER SUBJECT TO

Same here ... I appiled because Subject To allotment was 8000/- But then My Broker Backed Off so I cancelled My Application Yest.

Happy That I cancelled My Application.
Got Saved Thank God ...

Discover price of Marshal is 37.45 10% lower than the issue price.
Now sme stocks again in pathetic condition.
Last week listing of powerful tech tank 40%. Now marshal.

I have been tracking and playing in the SME IPOs for nearly last one year. Gains are good even after I cross my losses (1-2 SMEs gave me losses where I foolishly applied in starting). My opinion is its LM is good. There must be some gain ~5-8% on opening, but don't forget to take gains home at the opening. After opening it can go down. I have applied 3 applications and keeping my fingers crossed for some gains.

Short Term borrowing 17 crore and Long Term Borrowing 27 crore. Total borrowings 44 Crore.

Thanks Rajakumar ji for your revert on my query....so it will be a miss for me as SBI don't allow to apply after 2.00 PM....best regards...Pankaj Sharma

I doubt 7 to 10 tyms nii still let's see

In the month of January a sme issue came in the name of SKS TEXTILE@150 per share.That is now available @rs 42 only.Its fy18 profit was 1.96 cr and Eps was 6.01 presenly available at 7 PE multiple only.Compare it with lagnam which fy 18 profit is 4.68 cr and after issue market cap will be 73.67 cr. thus available at nearly 16 PE multiple which is too costly as compaired to SKS Textile.Also Sks is much higher brand in reputation with produces Pierricarrlo,Cotbbelly brand clothes and also associated with Raymond,Arvind, Siyaram and Digjam for finishing job work.SKS yearly sales are 162 cr while its present market cap is only14.34 cr while Lagnam yrly sales is only 84 cr with market cap 73.67 cr .The issue of SKS was over subscribed 22 times in retail and 15 times over all at that time. So it is my opinion that it is better purchase SKS TEXTILE from open market rather than to go Lagnam.

Sir can i buy lagnam at this lavel @ 25-26 ?

Grey Market Price Subject To 3000 At jodhpur

Retail going with great gun like Akshar Spintex. Sme stocks listing decides by Hni people. So hni how responds this issue. Wait and see.

Not applying vry tepid response nii ... And look the subscription is very similar to akshar spintex which also had gmp

Closing only tomorrow not today ... So see tomorrow's data and decide

@ commonman now we buy lagnam spitex now

Dear Mentor, Please let me know the good ipo for apply...

Textile sector not trustworthy ........even HDFC bank , yes bank not given loan to textile sector ...so be careful

HDFC bank has granted CC limit to the company

Form the below given company which we can apply for?? Any GMP
rajshree-polypack- & lagnam spintex

Dear all mentors, Please suggest good IPO for apply???

Bad response from nii cancelling my application fr the time being will see tommorow at 2.30 whether to apply or not ... Advise would be to not apply now wait nnly if NII comes this will have premium listing

I dont think any listing gain in this ... RII is getting more .. so no listing gain..

Niche open ho sakta h

sir shrenik ltd ko kya ho gya kya abhi issme buying kr sakte h kya

Should apply or skip?

Good fundamentals, best valuation parameters.
Past issue related textile were disaster but here in lagnam I think it is great to apply

Lagnam currently working on full capacity...
Expansion looks sensible....
But value additional won't be much...
Apply for listing gains only