Sebi orders forensic audit if Brightcom group https://m.economictimes.com/markets/stocks/news/sebi-orders-forensic-audit-of-brightcom-group/articleshow/89934611.cms
I think the lower circuit of BCG was already on even before this published message to exchanges from company. Of course now sentiments is intensified. In general, the forensic audit, in fact, will be good in long run. If I am not wrong, Suzlon is the example.
Sebi had ordered a forensic audit of books of accounts of the company on September 16, 2021. However, the company released the letter to exchanges on February 28, 2022 only.
The Sebi letter said, "Disclosure of financial information and business transactions dealt in a manner which may be detrimental to the interest of investors." According to Sebi, the auditors will look into the financial statements of Brightcom for the period of FY15-FY20.
@ Jackpatel 28th February closing price 119/- But after market hour sebi send notice, and there after continue selling. Retail investor stuck. When buying seen, God know. If any news please share.
Earlier the price was 35 ,now the greed part comes up , revised to 50 ...eps was approx 19 that time ... Some Expert account team at work . But it's good to know a new country ' New Jersey " . Hope the people who get , earn good money
Mr Antique Let's keep 5 minute silence, more than what you just said Now, tell should we apply in this? or not? where the company is located? are valuations good? Please, share some knowledge about the ground reality you have gained on the internet. Eagerly waiting
Not to say much , but if some one can roam in manesar Gurgaon ...easily can find the company . If someone know sainik farm is a residential/disputed area . SEBI can justify the ballooning valuation of Paytm . Same way it can do anything. It's hard to get out from troubling SME . Rest every one is intelligent enough . "YOGI " of NSE
33. Trueinfo| Link| Bookmark|
March 3, 2022 5:06:32 PM
IPO Guru (1800+ Posts, 1700+ Likes)
Anyone applied 18 lots other than me?
32. Trueinfo| Link| Bookmark|
March 3, 2022 11:54:13 AM
IPO Guru (1800+ Posts, 1700+ Likes)
One of the sites is mentioning Kostak 2500/-.I have a feeling subscription may be high.
On 10 March there is UP election results are coming .. and shigan listing date is 11 March.. there will be any negative impact on this listing ? Pls suggest
24.1. AhireR| Link| Bookmark|
March 3, 2022 10:22:23 AM
IPO Mentor (800+ Posts, 1000+ Likes)
SME ipos are controlled by small amount of folks..so they don't get much affected by news.. mostly operator driven. Recent eg madhavbaug..
23. Trueinfo| Link| Bookmark|
March 3, 2022 10:11:38 AM
IPO Guru (1800+ Posts, 1700+ Likes)
Subscription may be around 40× NII and 30× for RII.
22.4. lokes| Link| Bookmark|
March 2, 2022 11:06:56 PM
IPO Guru (4300+ Posts, 5100+ Likes)
@dinesh: i think you meant for this particular ipo only..... else there were many where you are applying even after dilip sir avoid rating like madhavbaug also other than ekennis.
22.5. Trueinfo| Link| Bookmark|
March 3, 2022 4:37:06 AM
IPO Guru (1800+ Posts, 1700+ Likes)