@ Dinesh, After V-Marc, I applied in Adeshwar. I skipped all others. In one glance, all other IPOs were not good. This one looks promising because of the sector it belongs. But its still better than all other IPOs that came recently. Rest depends on LM and market makers, how they handle it. I will not tell whether I will apply or not. People should not influence others or get influenced, and should take decision on their own.
As I told you earlier, I will apply 100% to all my family accounts. I am confident it will give you good listing. And just see the response in first day....All the best to others.
Don''t get excited. These are dummy bids. You will surely get the allotment even though it may looks like huge subscription. On listing day you will not able to sell even at 50% loss.
See first of All ...All who r praising this IPOS...R new... MEMBERS...B CARE FUL DON''T GET CARRIED AWAY BY WOW AND ALL THAT.. THEY R ALL DUMMY ....B CAREFUL....APNA PAISA LAGANE K LIYE MAIN LINE ..HAS GOT MANY IPOS WHY RUNNING BEHIND SMES
I think Zerodha one of the reasons for this SME success in RII subscriptions... Except this no other SMEs not shown in IPO list. Hope it can cross 50x in retail category easily
hello friends After a long time i have started to apply in IPO but very new for sme ipo . Can some tell is there enough liquidity to sell or purchase of sme co at nse or bse ? can these ipo may be used for listing gain ? NSE SME and NSE r same plateform or differ
thankyou Goel ji , i read some news articles one from chittorgarh portal and other from valueresearch and knew there is liquidity and informative problem and it will be bettor to avoid for small investor
EKI is like black swan moment of SME. Although it has gained 11X upwards, it still has potential to go 10X downwards. A policy change or geopolitical evet may bring it down. ( N.B. - I am not a fan of this green thingy and view their business model with scepticism. I still applied in EKI on last day seeing huge subscription. Didnot get allotted any lot). Rightly said by Dineshji, If you can see half your money buring all of a sudden, then only you should apply in SME. SMEs are not for poor and faint hearted.
If you are able to digest 50% listing loss, then only apply. Expect EKI, no other SME IPO has even given chance to exit. All are in LC since its listing. You can check on its own. These IPO are very risky particularly recent. Do keep your self away.
All the money is going into main board IPOs. Fall in economy due to corona had its effect on SMEs. May be people value this like Zomato as its also a gig company. It is showing some profit though. Lets watch for peoples response. I last applied in Adeshwar, no other sme ipo had sound financials and appeal. Here in this ipo, type of business is more important than financials. May be people from IT and finance will shed light on its business and future prospects.
@ Dinesh, Poor experience of LM is red flag obviously.
1. Chem cho| Link| Bookmark|
July 24, 2021 8:47:49 AM
IPO Guru (2500+ Posts, 2700+ Likes)
Seems so to apply I Have never applied in SME STOCKS but feel like applying
13.1. Retail IPO| Link| Bookmark|
August 1, 2021 2:25:11 PM
Top Contributor (200+ Posts, 100+ Likes)
@Chem cho Ji... what is your final call on this SME IPO considering the over flooded main board IPOs.. should we consider this, based on final day figures or simply to skip and focus on main board IPOs?? In the past, I was applying all good (at least convincing as good one) SME IPOs and got only once in "Ice make refrigeration", which rewarded almost 80% profit in couple of days post listing.. later never looked back about SMEs. also after seeing the recent past SME IPOs performance and even its company nature / kind of business.. no considerable quality / authenticity I found.. but this Network IPO looking something interesting after long time (at least on paper, though practically no one knows fate of the company). Also HNI bids too unreliable as per my thinking, these HNI applications also actually not of real HNIs and just may filled up with some retail investors with two or more lot bids. only factor, many would just want listing gain and may see selling pressure. Kindly through some light on this, what is your current thinking on this...