Pace E-Commerce Ventures Limited IPO Message Board (Page 2)

SEBI SHOULD NOT ALLOW MORE THAN 1 EXTENSION BUT THIS COMPANY HAS EXTENDED 3 TIMES. PLZ AVOID.

Unfortunately SEBI is not doing any kind of intervention in SMEs.

Issue extended again till 13

All such people have already applied, it seems. No increase in subscription today.

Yes no increase but I wonder no decrease also. This people are truly addicted and don't want to cancel / withdraw their application. They are frustrated and didn't get any allotment in any of the recent IPOs. They have FOMO.

I think this IPO should be withdrawn due to less subscription.

As I said for Maagh Advt., extension of date is no solution for this type of IPOs. Its price should be reduced significantly. At the current issue price, issue may be somehow subscribed but leaving nothing for investors is not a good idea.

If they remove OFS, they got enough money for fresh issue. Let's see, how they settle it. These type of issue come to be used as 'example' in future talk. They use all the laws and bylaws of IPO issuance.

Why retail investors are investing in this loss making IPO. While listing there will be min loss of 20-30k per lot. IF they believe so much in this company, they can buy post listing

Should be avoided
But ipo would sail through

FIX 1700
DOWN FROM THE 2000
FIR BHI ALMIST 1.5% INTERESTE
IT'S GOOD DEAL

UNSOLD PLAYER OF THIS LEAGUE.
MUST BE AVOIDED AFTER SEEING LISTING OF REETECH.
THIS LM IS EVEN MORE WORSE.
MY BEST WISHES TO THOSE WHO ARE APPLYING.

AAJ MANAGE HO JAYEGA
IT'S FULLY SUBSCRIBE TODAY

What is the further course of action if the IPO is not fully subscribed for Pace E -commerce ?

Will the money be refunded for 60% subscription ?

Most probably it will get some more money once previous IPOs lien removed. If it gets subscribed upto 85-90%. Rest amount will be underwritten by lead manager. Other option is getting the issue cancelled, that is always there even if it is fully subscribed.

Extended till 10th Oct

Completely Avoid.

Avoid completely. Iski to halat bahut patli lag rahi hai.

E-commerce companies, in my opinion not so favorite for share market. Not giving price appreciation to the investors. Exceptions may be there. Difficult to understand how they offer such a huge discount on products, sometimes even on branded products of big listed companies. How to believe in quality. No doubt non banded products, it is easy to manipulate price. Offering 50%,60% and even more discount on products. How to derive at the price of the product. Sometimes Offering, buy one and get two free. The overhead expenses of the company. How to believe in financial figures given by a Company. Even on medicine big discount. Pricing policy difficult to understand. Sometimes wrong products are also delivered and have to face difficulties in return. Many incidents are given in media also. These type of issues are for big investors, I know even they want profits.
They have appetite of risk taking but for small investors, to think many times before investing.
All my thinking. Others may be different in thinking.
"Subh Durgastmi".

Very poor response to this SME.
E-commerce not so fruitful.
Better who left. I didn't apply.
Individual to decide himself.

Poor Financials, Weak business and High IPO price. This IPO came to loot retail investors. Good that Retail investors didn't blindly apply. IPO will be withdrawn tomorrow due to low subscription

Nykaa Board approved the issue of Bonus shares in the ratio of 5:1 share subject to approval of Share Holders. Shares gained a lot today.

Not at all thinking of applying here.

P/E of 429.16 !!!
Came here for loot? Asking price must be the face value price.

Never heard of this online site nor saw any ad on this while doing google search for infant products. The financials are bad and IPO price is high. Clear avoid..

This e-com seems to be bad com because of bad line market maker and hyperactive LM.

Beeline is the market maker which is known as bad line. Recent example is Trident LifeLine. Beeline was the LM and made Trident LifeLine a Bad Line.

LM is interactive which is known for deep discount listing. Flop listings are Dipna pharma , Global Long Life Hospital and of course Bhatia Colour. None of the issues oversubscribed even at 3X. This issue is 66 crore size. Likely to follow the track of Maagh and QMS and get extended. This LM's previous issue Rachna infra was extended due to under subscription.

Great combination of dubious LM , dubious market maker and dubious registrar.

All the best to those who are applying this issue.

Issue size is big and issue price is bigger. With little funds remaining after applying in Insolation, Cargosol, Concord etc., Mr. Pace gets nothing from me.😐

are you going to apply in Silicon ?

Yes.

Bad financials