Rhetan TMT Limited IPO Message Board (Page 3)

13. abc xyz | Link | Bookmark | August 22, 2022 2:45:34 PM

IPO Guru (1000+ Posts, 1000 Likes)

Till the time Subscription of NII is quite encouraging it seems to be that Operators are involved in this stock. Very buzzing ipo. Very very poor & bad track record of the promoters even though looks interesting for risk takers only.

12. sahab | Link | Bookmark | August 22, 2022 11:03:34 AM

IPO Mentor (900+ Posts, 500+ Likes)

avoid

11. MPIPO | Link | Bookmark | August 21, 2022 9:21:04 PM

NO ONE SHOULD SUBSCRIBE THIS IPO LET PROMOTERS TEACH LESSON FOR IGNORING INVESTOR CONFIDENCE AND MONEY

10. MPIPO | Link | Bookmark | August 21, 2022 9:19:10 PM

NO ONE SHD SUBSCRIBE THIS IPO THERE ARE MANY BETTER IPO AND LET COMPANY BE TEACHED LESSON OF IGNORING INVESTOR CONFIDENCE AND MONEY IN ASHOKA METCAST LTD ITS PROMOTERS

10.1. Suman Mishra | Link | Bookmark | August 22, 2022 8:46:06 PM

Correct. I will avoid seeing past trend of aversion towards shareholders..Don't forget lesha industries is also one of there group company.

9. GauravJ | Link | Bookmark | August 21, 2022 3:41:49 PM

Should we subscribe this ipo?
Also please share your priority list of upcoming sme ipo,( so many with last date 30)

8. IProfitO | Link | Bookmark | August 20, 2022 7:26:00 PM

Top Contributor (200+ Posts, 100+ Likes)

GMP is showing negative in every WebSites.

7. Imhilli | Link | Bookmark | August 15, 2022 10:27:08 PM

IPO Guru (1200+ Posts, 700+ Likes)

@Noorul, @ Avenue and other Guru's
If out of the 3 coming IPOs, one is to be picked up, which one you will prefer?

7.1. lokes | Link | Bookmark | August 18, 2022 11:01:37 PM

IPO Guru (4300+ Posts, 5100+ Likes)

jfl life science

7.2. Avenue | Link | Bookmark | August 20, 2022 1:15:46 PM

I am more interested in JFL Life and then Rhetan... We have time to decide, Rhetan funds can't be used in JFL. I will follow it on 24-25th Aug...
Have a great weekend!

6. Abhii VPG | Link | Bookmark | August 20, 2022 2:01:36 AM

IPO Mentor (800+ Posts, 300+ Likes)

BIG AVOID as
1) Ashoka Metcast currently trading at half the issue price (already other members mentioned).
2) Sudden jump in financials looks very fishy like
Net-Worth from 30L to 23 Cr & Reserves from -3 Cr to +10 Cr.

6.1. Abhii VPG | Link | Bookmark | August 20, 2022 2:02:22 AM

IPO Mentor (800+ Posts, 300+ Likes)

3) Ashoka Metcast issue price ₹20/- ; listed @ ₹16/- (5th feb, 2018) and was trading at ₹8/- in just 4 days (i.e on 8th feb, 2018). 60% wealth wiped!
4) Same promoters, Same office address, possibly same management & work force slightly indicating same listing of this company also.

5. Deepak Kalariya | Link | Bookmark | August 15, 2022 2:43:07 PM

Search the promoters AML with IPO price @20 before 2 year now price is only 8.
Think before apply. Money is hard to earn my friend.

5.1. Deepak Kalariya | Link | Bookmark | August 15, 2022 10:44:19 PM

Search the promoters AML with IPO price @20 before 2 year now price is only 8.
Think before apply. Money is hard to earn my friend.

5.2. Tesonaj | Link | Bookmark | August 17, 2022 9:58:49 AM

AML is being pumped up, 15% up today. Soon will reach 20. 😝

4. Wishal | Link | Bookmark | August 13, 2022 11:00:42 AM

IPO Mentor (500+ Posts, 300+ Likes)

SME IPO 10 mai se 6 company Gujarat se hoti hai.

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4.5. Bhav | Link | Bookmark | August 15, 2022 11:28:08 AM

Top Contributor (400+ Posts, 100+ Likes)

gujrat ki to hawa me bhi vyapar hai saheb

4.6. Adp | Link | Bookmark | August 16, 2022 11:12:53 PM

Top Contributor (400+ Posts, 100+ Likes)

Profit bhi Gujarat deti hai na

3. Imhilli | Link | Bookmark | August 13, 2022 10:01:08 PM

IPO Guru (1200+ Posts, 700+ Likes)

Rhetan refund can't be used in JFL life.

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3.5. Smile. | Link | Bookmark | August 15, 2022 10:50:53 PM

IPO Guru (1500+ Posts, 800+ Likes)

@kami
Reality is important than dream.

3.6. ~~SME KGF~~ | Link | Bookmark | August 16, 2022 7:19:11 PM

Tere ko allotment hi ayega rehtan me

2. MPIPO | Link | Bookmark | August 15, 2022 2:34:48 PM

BEWARE ITS PROMOTERS IS ASHOKA METCAST WHOSE SME IPO CAME IN 2018 AT RS.20 AND PRICE AS ON DATE IS RS 8 ( 60% MINUS AFTER 4 YEAR)

2.1. Deepak Kalariya | Link | Bookmark | August 15, 2022 2:49:04 PM

Good research for new comer

2.2. Ravu | Link | Bookmark | August 15, 2022 9:45:04 PM

IPO Mentor (700+ Posts, 400+ Likes)

Thanks MPIPO ,
Need to consider before applying.

https://www.chittorgarh.com/ipo/ashoka-metcast-ipo/796/
http://www.ashokametcast.in/Reports/Annual%20Report/Annual%20Report_21-22.pdf

1. Trueinfo | Link | Bookmark | August 13, 2022 12:20:50 PM

IPO Guru (1800+ Posts, 1700+ Likes)

Again sudden jump in profits in 22, the IPO year. Issue size is also comparatively bigger, which may lead to heavy selling on listing day being SME. Positive point is construction and infrastructure linked company. Long term may be good. Short term depends much on subscription levels and general market sentiment.

14.1. Imhilli | Link | Bookmark | August 13, 2022 7:38:36 PM

IPO Guru (1200+ Posts, 700+ Likes)

Only 30% increase in revenue, whereas in crease in profit is 20 fold. Around 20% of increased revenue is pocketed as profit. Looks good 👍. The company is also in the business for few decades. Need to check the track record.