Out of all those people who are applying in this IPO, more than 50% people would be applying with money that they have received by booking profit in this highly priced market.
Once when this bubble blows, which could be any day now, even though these SME companies are doing good, they will fall and fall badly.
Apply only if you don''t have kids to feed, family to take care, pets to feed, workers to give wages and have already donated enough to go to heaven. Then only spend your spare money in SME companies.
Dear Small Apply in Hni category. I am going to apply hni category 3rd lot or 4th lot. Retail already crossed 35 times hence it is lottery. If Hni subscribes above 7 or more then it will be good listing.
If everyone comes for listing gain with big lot sizes and no one digests bug lot listing loss since it''s a common knowledge... Recipe for LC but liquidity and greed is king so all the best to people applying for gains
Here is the no. of lots can be allocated in each category. Based on this for retail category max 356 applications will get allotment as 1 lot is max for retail investments. QIB is not subscribed yet and would suggest wait for last day to see any move here. Lots QIB --234 NII -- 426 RII --356 Total --1016
Thinking on list gains/liquidity, selling in sme is also by lot i.e. 1600 and you can''t sell specific qty like 100 or 200 etc. Be prepared for all this and take the right decision.
As per RHP there is 3,74,000 shares reserved for QIB and If we compare yesterdays HNI & QIB bids there must be QIB portion wrongly bided as HNI so at the end of the day exchange must had done reconciliation because the difference in the bid is the same which has been reduced from the HNI bids
Wait for 1 more day, if NII subis atleast 1/2 times more than RII sub, then apply; Otherwise omit. Apply in all IPOs in main board, many coming together. If you apply in 3 IPOs in 2 demat that will take approx 90 K. Chance of profit is more there than here.
17.3. Chem cho| Link| Bookmark|
July 30, 2021 6:24:21 AM
IPO Guru (2500+ Posts, 2700+ Likes)
This IPO should not loose money it will be bumber big cooperative society with more than 100 members require software for accounts also reqiure maintaince of society vendors ,merchants etc as commite members cannot manage day to day affairs
16. Scrip| Link| Bookmark|
July 29, 2021 7:39:38 PM
Top Contributor (400+ Posts, 200+ Likes)
Top 10 client contribute 91.5% of revenue. Their Service concept is in trend but there are 110+ competitors. Hence marketing plays an very important role. Plans delayed due to COVID and the same is reflected in financials. Their PSP is Cosmos Cooperative Bank. The current situation of co-op bank is not good every month we see some or the other bank in news for wrong reason. Hoping good, but if anything fishy emerges then their services will get affected. This will effect their business.