The poor listing of SKST may be due to operators play. Of over 10 Lakh shares traded 4.25 lakh have been marked for delivery. While the high low is 51 and 31 ATP is roughly 46. Most Retail Investors must have booked marginal profit or loss. I recall the listing of another SAME Company Meera Industries offered @36 with lot size of 3000 an year back. I got one lot and sold on listing day @37 plus making marginal Profit. In the following days it came further down to 32 levels. Afterwards it bounced back and presently quoting @255 plus @ BSE. We have to wait and see how SKST will move in the coming days. Let Individual Investors take their own decision. This is for informative purposes only.
Issue size was 8.88 lacs shares.First day traded share 10.80lacs.It concludes that someone has manipulated script drastically.Good participation seen by HNI and QIB . So wait for some time to settle the script.
i follow usually dilip sir''s advice, since this was not "subscribe" call, i did not go with more lots i had still applied 1 lot coz of FII, but its good i did not get any allotment.
Nowadays HNI are more smart than QIB, atleast this is true, as far as this issue is concerned. Heavy selling in last hour.... Desperate attempt by operators & L. M. to stabilize price doesn''t help..... QIB went wrong...... All coming up SME''S are avoid.....
Any problem like income tax notice or scrutiny if invest 4-5 lakh in one application? Will the company file AIR information report for this transaction? Senior members please reply. Thanks in advance.
Thank you for reply. Someone told me that rules changed wef January 2016 and limit for Annual information report AIR hiked to 10 lakh rupees. Is it not true or you still get notice? Can you tell me for which financial year you received notice? It will be very helpful 4 me.