Mitsu Chem Plast Ltd IPO Message Board (Page 1)

150 is soon on cards

great sme. this would surprass and give atleast 50 pc return within 6 months. keep on adding this gem

This is hidden gem guys.will toiuch 110 soon.and they are planning to foray in to new product range .

GOOD SME.

ALSO IF YOU LOOK TRACK OF ARYAMAN THE HAVE REWARDED LONG TERM INVESTORS MORE THAN ONE WHO SELL ON LISTING.

KEEP THIS GEM. THEIR FACTORY OPENING SOON AS PER PROSPECTUS

Proud of you MITSU. In such a pathetic downfall, you are keeping your flag high. I am sure once market stable you will go up.

Seems like those bulk deal brokers are hired to take care that the price doesn''t goes below the issue price....

Out of 10 lacs shares 1.57 lacs traded today on exchange. Its like 15% of total quantities. It looks like all listing gains ppl are selling.

Yeah i accept that the lot size has been kept higher to save the small investors from taking risk.

Atleast in secondary market, the lot size should be removed/ reduced.

This company seems to be a good investment, still everyone has an portfolio size according to their financial capabilities. For eg, if some one who has a fund of 2 lakh invested in stock, he won''t hold the whole shares of Rs.1.14 lakhs, so he may ultimately exit.

If you refer BSE website, it shows lots of bulk deals happened today. Ppl tried to make listing gains but ended up with slight loss. All manipulation done on this stock for today. From next week it will show real strength or weakness. Hoping for the best. Lets wait n watch.

It looks like evry1 wanna sell its allotted shares :p
Disappointment :(

Bad listing, listed at high of 96.50 & now trading at 95.35

Perhaps Cnbc awaz and zee business dont track listings of SME IPOs like Mitsu chem etc

BSE Listing details
Segment: BSE SME
Security ID : MITSU
Security code : 540078
Circuit filter : Rs. 76-114

company is setting up factory in Gujarat in coming days . the news is enough to increase the price in near future.

keep this for long term. Also Aryaman finacial sme give good long term gains. check its past performance of stocks like bajaj healthcare etc.

in prospectus
We are in the process of starting a new manufacturing unit at Sanand, Gujarat and the capacities of this unit will
also be part of the total production output of our Company. Further, we may decide to increase our product
portfolio and to enter more geographical areas based on our estimates of market demand and profitability.

You are too optimistic about the company, your posts makes me to rethink my decision of selling today...
it''s good that they are expanding....

Agree. Sanand is hub of auto industry. There are many companies around and it will increase more demand and more profit.

listing on 09.09 on BSE SME platform

So tomorrow is listing, what should be done...hold or immediately sell & get out as in long term there may be lack of volume which could make share worth nothing?

From Draft Prospectus:
Our products are manufactured under our brand “Mitsu” and the same are sold to various intermediary companies who, after minor value additions and / or modifications supply to various Automobile companies. For example, majority of our automotive components are sold to various automotive OEMs who are suppliers to Ashok Leyland, Tata Motors and Man Motors. Our industrial packing products like open mouth / wide mouth drums, jerry cans, bottles and varied size containers are currently the preferred choice of some of the top Indian pharmaceutical companies and are also made of 100% food grade materials adhering to 21 CFR norms as per USFDA standards. Our end users include various national and international automobile companies, pharmaceutical & chemical companies, hospitals, and other corporate houses including National Peroxides Ltd., Galaxy Surfactants Ltd., Castrol India Ltd., Thermax Ltd., Cipla Ltd., Emcure Pharmaceuticals Ltd., Mylan India Ltd., Tata Ficosa Ltd. and Tata Autocomp Systems Ltd., to name a few.

listing on 9th

Thanks durairaj

Its a good company with very small equity n paying dividend. Having allotted land for expansion plans. Good future ahead. Keep hold at least till H1 result.

http://www.bigshareonline.com/BSSIPOApplicationStatus.aspx

ALLOTTMENT STATUS OUT.
(Un)Luckily got allottment...

Hope "All is well"

subscription is not a criteria for sme listing price

check urself shiva granite ,advance syntex,ofs technologies

low subscription like prabhat telecom ,umiya tubes whcih were not even 1 time subscribed have give great results.

so relax its a great company

please provide the details of listing date and allotment status

Find allotment details on
http://www.bigshareonline.com/BSSIPOApplicationStatus.aspx

Listing on 8Sep

please provide the details about listing and allotment status

Bid and Quantity for MITSU CHEM PLAST LIMITED
At BSE
Last updated on
8/31/2016 6:00:29 PM
Price ()       Quantity
95.00      14,29,200
Cut-off      4,36,800
Total      18,66,000

How to find retail subscription? Is there any way until they declared?