Polysil Irrigation Systems Limited IPO Message Board (Page 1)

Exited @ 58.8 as soon as it opened at 10,, Happy with whatever premium I got for this risky bet.

Right decision you will get @40 later on

I feel myself lucky :) Heading towards 40

Exit at 56

​@KAPPO Allotted 1 lot.GMP?

No idea bro

I got one lot, whether to hold or not

Looks like nobody from the forum applied ...
I've also skipped but this issue has sailed through without any assistance in subscription from Grey Market.
I think it should give some listing gains

Reasnbly priced
My only concern is low promoter holding
Apart from that good ratios
Formidable name in drip
Old company
They have loan arrangements from leading banks
Solving a problem
Legit work
LM is fine apart from one two hiccups
Let's see

​@Anuj agarwalWhat's ur view on listing?

Can't say abt listing...will hold allotment....have put risk management in place...

Skipped....

Aankh mich k avoid

*avoided

Avoiding

Avoiding..

Avoided

Skipped for preserve our wealth 🤑 and health 🤢

At times, as the saying goes : "Avoidance is Bliss"

My strategy, if DD sir given AVOID rating and subscription less than 50x then it is clear avoid for me. Also market is in correction mood and better chance to buy listed SME space.

I salute to Retailers here

Avoiding this sme as well

Subscription details not updated it shows yesterday subscription only

​@rohiitian any positives you see here ?

I'm seeing only negatives
- Financials don't look good with top-line not showing any consistent trend, bottom line can be cooked up.
- SME euphoria seems to have taken a pause now with finally one SME listing negative. Else every damn SME was listing well and hitting UC's for fun.
- LM - FedEx (Those who have Moxsh and KEL experience, their hands should shake while applying in this :P)

@KAPPO bhai - are you applying ?

​@GrayIsTheNewBlack There are 3-4 peers in exact same space - most confusing is RM Drip, which is trading at 8x sales, and has very similar inconsistent numbers. It's half the size of Polysil, and twice the MCap. All other peers trade at less than 1x sales and 15-20 PE (but are much larger).

Not able to determine if Polysil will trade like RM Drip, or it's other larger peers. Purely on fundamental basis, I don't see much positive to thinking of skipping - will wait for others opinions also

No conviction to apply. Skipping this n entero as well.
Although I feel this SME wouldn't list in discount. Still reasons to avoid outnumbers reasons to apply. Hence skipping

Is ipo main Apply Banta h.

Avoiding both issues closing on 13th.

I don't think issue price is fair enough matching with the financials.

In this issue also market maker underwrites 85% & LM 15% like Italian.
Pure broking has the equally worse record like rikhav.