Company has previously filled prospectus with BSE, It''s is still their on BSE SME website, Now filled with NSE. With different registar & different lead manager. Something is cooking inside. In case of hem securities, It has not given good listing gain but it has given wealth after 3 to 6 months.
Friend, Requirements for listing varies from BSE and NSE, so they might not be in a situation to comply with the conditions, so they opted for the other option.
You might remember that problem that RBL Bank was facing for allottment of shares to large number of members before IPO. So like this there may be some silly reason so that they knocked the other door.
Anyway lets see the subscription status till last day and then lets decide.
Amsons apparels and Funny software continue to trade below the issue price. No improvement for past one year. My money is stuck Be careful while investing in SME ipo
U people painting all SME with same brush. This is not the right way to analyse. I would request boarder ipoanalysis to throw some light on fundamentals. Madhya BharAt is cheaply priced. EPs 4.5 and Pe -6 What else do u want? Mark my words it will surprise u all and open 20% up. Story won''t end at20% If I apply pe of 10 stock shld be trading between 40-45 rs Com syn came at 5 pe and now available at11 pe. Value has always buyer.sooner or later. Also this IPO was once upon a time contender for main board IPO.
Disclosure:- I am not a company agent but a value investor.
EVEN ADVANCE SYNTEX CAME WITH 7 P/E IT WENT DOWN BELOW ISSUE PRICE AND STILL DOWN. REMEMBER IT HAS HEM SECURITIES AS LEAD MANAGER. SAME ONCE AS THIS SME. ALSO HEM SECURITIES IS FAMOUS TO SELL ITS HOLDING ON LISTING DAY SME.
NO LOGIC WORKS IN SME. DO YO KKNOW HEM SECURITIES ALSO CAME WITH LOYAL EQUIPMENTS WITH P/E OF 5 ONLY VS INDUSTRY AVERAGE OF 35 AND EVEN AFTER 1 YEAR ITS DOWN BELOW ISSUE PRICE.
WHEREAS EXPESNIVE SME ARE DOING MUCH BETTER CHECK URSELF PATDIAM JEWELLERY ETC.
SO NO LOGIC WOULD WORK. ALSO FERTILIZER ARE NOT INVESTOR FRIENDLY STOCK. I CAN BET THIS STOCK WILL NOT GO UP AND RATHER REMAIN AT SAME ISSUE PRICE FOR LONG TIME.
PLEASE DON''T SPREAD INCOMPLETE INFORMATION & RUMOURS AGAINST ANY LEAD MANAGER. IF YOU HAVE REALLY CHECKED THE PERFORMANCE OF PAST ISSUES OF HEM SECURITIES LIMITED, YOU WILL SEE THAT ALMOST 80% OF THE STOCKS ARE TRADING AT ABOVE IPO PRICE, IN WHICH SOME COMPANIES HAVE GIVEN STELLAR PERFORMANCE BY GIVING INVESTORS RETURNS BETWEEN 150-400% (CHECK - RAGHAV RAMMING MASS, UNIVERSAL AUTOFOUNDRY LTD., ATISHAY INFOTECH, DHABARIYA POLYWOOD). LONG TERM INVESTORS HAVE GAINED A LOT IN THEM. SO IT IS THE COMPANY FUNDAMENTALS WHICH DRIVES THE STOCK, AND NOT JUST THE LEAD MANAGER TAG.
SO ALL ARE ADVISED TO SEE COMPANY BACKGROUND AND DO THEIR OWN RESEARCH BEFORE INVESTING.
FUNNY SOFTWARE IS TRADING BELOW ISSUE PRICE. I WAS ALLOTTED AT 14 PER SHARE FOR 10000 SHARES. NOW BUYERS AT 8.55 MY MONEY IS LOCKED. I WSS STUCK WITH RS 140000. For oast one and half Years. Beware of Sme IPO.