HEM SECURITY IS CONCERNED WITH THEIR FEES & NOT WITH QUALITY ISSUE LET INVESTOR SUFFER MAY LIST @ RS 5/= & NOT RS 55/= AS MENTIONED BY SOMEBODY ON THIS BOARD
Hem Securities or not ...but i think, the following things definitely need some consideration .. Criminal case against promoters , some related to land and some financial More than 80 % of revenue coming from Proprietary trading , not sure if successful peers have the same model . This may not sustain as you will not be able to beat the market every time. Negative operataing cash flow Absence of robust Risk Management policies resulting in a number of cases / complaints from the Regulators A whole host of investment / advances in subsidiary companies along with Promoters''s involvement in a number of subsidiary companies can result in funds going out without any control. Less skin in the game for promoters if something happens.
It seems that some of the people over here are very negative to this IPO just because Hem Securities is the Lead Manager !
We are regular tracker of SME ISSUES, and we track all SME issue of NSE and BSE on regular basis. As far as Hem Securities IPO are concerned, 80% - 90% of their IPO''s till date have given good returns, to name among latest:- Vadivarhe Speciality Chemicals, DEV IT, RMC Switchgears, Global Education.
And, some of their IPO''s which has given returns to investors between 400% - 1200% in long term are Atishay Ltd., Dhabairya Polywood, Bella Casa, Universal Autofoundry, ADCC, Raghav Ramming Mass, Madhya Bharat etc.
So, just on the basis of two bad IPO''s of Hem Securities, investors should not draw a negative opinion !
Recent 5 IPO of HEM IPO trading below Issue price So be aware for HEM Sec. Company Issue price Current Price Gain \Loss 1 Surevin BPO Services Limted 40 37.8 -6% 2 Shanti Overseas (India) Limited 50 36.6 -27% 3 Captain Technocast Limited 40 45.9 15% 4 Accord Synergy Limited 60 54 -10% 5 Globe Textile (India) Limited 51 47 -8%
from the above it is clear that 80% of Issue Managed by HEM is quoting at Discount to Issue price which is testimony of thier IPO PRICING method four out of five issue are trading at discount INVETMENT MANTRA PL BE ON TRUTH SIDE
as seen the subscription figure that is good who get allotment company future is very good someone like to apply go for it but there is allotment ratio is very much.....
ALL INVESTOR SHOULD BOYCOT ANY ISSUE LEAD BY HEM SECURITY THEY SHOULD BE TAUGHT LESSON FOR DUPPING HARD EARNED MONEY OF SMALL INVESTOR
Despite so many comments on the board Hem security prefer to remain silent on their price fixing. On laxmi cotspin & shanti why they suggested so high premium when they know shares are not worth half of its issue price
"On merchant banker’s front, this is the 39th mandate from its stable in last three years. Out of last 10 recent listings, 1 issue opened at discount, 2 at a premium of 2.5 to 5% and the rest with 20% premium to offer price on the day of listing"
In some cases it may happen If repeated cases? Yes market will show them their possession
After all what you give you will receive" If they are fraud they will have to bear with their KARMA...
Dilip ji has written on the basis of listing price bt what happens after listing should also be taken into consideration. IPOs of HEM turn negative after listing day. Such things happen only when a manufactured picture is shown to the public just to defraud
Guyz lets not forget Vadhivarhe and Captain Technocast which were listed on upper circuit. We cannot generalise. Almost all the issues of of Hem Securities have given good listing gains and are giving good returns as on date.
According to my study, this issue will give good returns in the long run. The networth and last 5 years profits are really worth giving it a thought.
SUBSCIBE.......SUBSCRIBE..........SUBSCRIBE
9. Rafiq| Link| Bookmark|
September 21, 2017 11:44:08 AM
Top Contributor (400+ Posts, 400+ Likes)
Hi Friends,
Check the subscription figure on day 1. Just 2 hours after market opened.
Total issue size is for share of » Issue Size: 64,32,000 Equity shares And the total share applied is 73,23,000.
That means issue is alreay oversubscribed by more than 1 times. And that too by NII means there is something very interesting in this shares.
I recommend buy buy for this lovely share.
Last updated on 21 Sep 2017 | 11:39:08 AM Sr.No. Category No. of shares bid for 1 Qualified Institutional Buyers (QIBs) - 1(a) Foreign Institutional Investors (FIIs) - 1(b) Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) - 1(c) Mutual Funds - 1(D) Others - 2 Non Institutional Investors 71,97,000 2(a) Corporates 28,05,000 2(b) Individuals (Other than RIIs) 43,92,000 2(c) Others - 3 Retail Individual Investors (RIIs) 1,26,000 3(a) Cut Off 99,000 3(b) Price Bids 27,000 Total 73,23,000
i usually apply on mainline IPO and have never tried SMEs . My main question is these companies are not going to list on NSE then how we receive money or gain money ?
CAUTION.- AVOID. DON''T APPLY AS IT''S LEAD MANAGER IS HEM SECURITY KNOWN FOR EXTRACTING HUGE PREMIUM FROM INVESTOR FOR THE BENEFIT OF PROMOTERS. THEIR EARLIER ISSUES LAXMI COTSPIN & SHANTI ARE LISTED MUCH BELOW ISSUE PRICE EVEN AFTER SIX MONTHS ARE SPLENDID EXAMPLE
They are doing Proprietary (Own A/c) trading also in addition to client''s trading. Its a risk multiplier as investing in stock market is risky but investing in a company engaged in trading in stock market is highly risky. Its like taking loan for trading in stock market without any margin and interest costs.
LOOK AT. SHARES OF LAXMI COTSPIN LOOK AT SHARES OF SHANTI OVERSEAS
IN BOTH CASES LEAD MANAGER WAD HEM SECURITY OFFERED SHARE TO SMALL INVESTOR AT HAFTY PREMIUM MARKET QUOTATION MUCH BELOW ISSUE PRICE SINCE LISTING QUOTING MORE THAN 40 % DISCOUNT TO ISSUE PRICE
DON''T EVEN LOOK AT IPO WHERE HEM SECURITY IS LEAD MANAGER THEY ARE IN BUSINESS OF MAKING MONEY AT THE COST OF INVESTOR NOT TO BE TRUSTED SHAMELESS CORPORATE
the issue is cheaply priced , but dont believe in HEM SECURITIES LTD., IT SEEMS SOMETIMES BOOKS ARE COOKED ABEFORE IPO, BECAUSE LAXMI COTSPYN WHICH WAS SO CHEAPLY PRICED STILL QUOTING 35 % BELOW ISSUE PRICE, NOT ONLY LAXMI MANY OTHER ISSUES ARE QUOTING BELOW ISSUE PRICE, THEY ARE JUST COMING TO MAKE MONEY BY SELLING PAPERS
NEGATIVE AVOID CLEAR AVOID ISSUE LEAD MANAGER IS HEM SECURITY NOT TO BE TRUSTED
PL LOOK AT SHANTI OVERSEAS ISSUE SHARE IS QUOTING AT HUGE DISCOUNT SINCE LISTING IPO OFFERED @ RS 50/= WENT BELOW RS.30/- PRICE FIXED BY RTA HEM SECURITY THEY DON''T CARE FOR SMALL INVESTOR WHILE FIXING ISSUE PRICE