On seeing a global market fall SME is a riskier game,.. so it is good to leave the risker small and mid cap companies and SME is riskiest... @umang u have leaved at right tyme.. I hv also exited on Friday and choosen ITC, MARICO a safer company...
Looking at the market... It is good to book the loss.. this share can be bought below by seeing the market today... Market may reach 9500-9800 nifty.. then start buying on nifty till pure sell.... I hv sell most on mine in mrng...
Hold for a month... Govt is focusing on packaging sector... It may show an up move see the volume is blocked.. No one is selling... So strictly hold with a view of atleast six month.. it is performing expansion
SMVD Polypack Private Limited company share down from 55 to 44...huge downfall on new IPO.. complained to SEBI= sebi@sebi.gov.in, stanies.crasto@bseindia.com, is@bseindia.com, nseiscmum@nse.co.in, inspection_mumbai@nse.co.in, crmsupport-mum@nse.co.in, arb_mum@nse.co.in, jayantaj@sebi.gov.in, chakravartit@sebi.gov.in, amitt@sebi.gov.in,
SMVD Polypack Private Limited company share down from 55 to 45...huge downfall on new IPO..
they have trapped investers badly and we are lost our 90 percent money. We think in this scam BSE/NSE officials are also involved, we have complained to SEBI also, but it will take a long time please raise this issue on your behalf.
Greedy people are destroying their savings in these SHITTY IPOs which have FAKE QIBs and FAKE high subscription figures. RETURN OF INVESTMENT is more important than RETURN ON INVESTMENT so think wisely and take the calculative risk by doing your own homework and not just blindly apply in any IPO for just sake of applying!
As I have told in previous post, Tirupati balajee FIBC is listed peer & far better than this SME, available at reasonable valuation. Another thing that affected listing is HNI subscription was less than RII.