The financial parameters of this company like ROE,ROCE, Debt to Equity, P/E, profit etc looks impressive as displayed in screener website. Seniors please share your views can it be considered for buying for long term.
In my view, the stock has bottomed out now and it should rebound from here..
63.1. Rakcyt| Link| Bookmark|
November 16, 2023 8:23:32 PM
IPO Guru (1000+ Posts, 900+ Likes)
I am stuck here too and it seems no doubt it is bottomed out and we need to have patience.......don't sell in panic let it come to and cross it's face value ....all IT shares are booming and this is time some interested hands are grabbing it at lower price . Will sell at 85 only within NOV. Hopefully
Before blindly applying in any SME IPO only based on the Grey market premium going on.. these thing should be kept in mind.
(1) The lead manager and their track record in managing past issues. (2) Company's past performance and its future outlook. (3) Kindly go through the detailed analysis of Shri Dilip Davda ji analyst from Chittorgarh and always consider his recommendations before applying in any issue.
Have followed the same and it has been fruitful for me as always in investing in any ipo
Once again it is proved SME IPOs are High Risk High gain or loss game, apart from some exceptionally good Companies with good fundamentals and such Companies move from SME Platform to Main Board in course of time. Be extremely cautious .
57. IPO guro| Link| Bookmark|
November 10, 2023 9:20:27 AM
IPO Mentor (1100+ Posts, 400+ Likes)
Allotment nahi hua 🤗🤗🤗 Jai guru dev tum mahan ho 🙏
56. G profit| Link| Bookmark|
November 10, 2023 9:10:35 AM
IPO Mentor (1000+ Posts, 200+ Likes)
Another classic example of false GMP. Nearly 40 times over-subscription Before a week, GMP was 37% , on listing it was discount listing. Another example of how LM , operators and companies loot investors. Donot get carried away only on the means of GMP. Fundamentals are more important
@Priyanka Meghwal , where is neomile based out of ? Also, do neomile and retired chacha work together ? I think USK, Auro, Spectrum all had the same people promoting the issue.