RKEC Projects Ltd IPO Message Board (Page 5)

Hi, Im new to this subject, want understand what is HEM..? Kindly guide me on this

Hem Securities is like a curse, curse of black pearl.
Even though the company is good, it fails to sustain higher price after listing if it has been lead managed by Hem.
It may open open at 20% UC and then within minutes it will collapse to below issue price.

@Umang,
Its true that most of recent hem securites managed SME IPO''s haven''t done well.
But if you look at those companies I dont think that fundamentals were too good to support a higher and higher price. So in my opinion its not very fair to blame Hem for those debacles. On contrary it has handled some very good SME IPO also "Vadhivade speciality chemicals", the company is good, there was record breaking subscription and it was locked in UC for many days. Its still trading at about 3 times of its issue price. So its company fundamentals that matters, blaming Hem is not fair. RKEC as a company is doing very good and it has all the ingredients to draw huge fancy as evident in the 1st day subscription figure of HNI. I think if alloted it will surely give 40-50% profit in few days(P/E just about 8). I wont be surprised if it gets doubled too as I think it deserves a P/E of 15-16. I am looking forward to applying it.