This should be a normal listing and should come closure to the issue price by end of the day. If someone wants to buy then watch carefully and then take a call. Don't be in hurry.
Now it's almost at issue price, is it buy for long term? I have no IT stock in portfolio, was looking at cadsys, onepoint for a long time. Onepoint is also nearly at issue price, what are your view? Among cadsys, onepoint and softtech which can be invested for 1-2 years. Or any other sme (I am also tracking focus)
Though company is good, FII ALLOTMENT does not inspire. Fiis who are alloted shares behaves like RII and will soon unload their shares ( past records are proof)
told you so. there is game going on in sme that there is fixing of ipo with fiis and some fund to shore up qib subscription figures. looking at fii figures retail investors are lured into ipo on last day. on listing qib is flipping and retail investor are trapped
Sir, In the One point one solutions, taking a 2-3 year view & Directors Chhabra's statement that they would reach Turnover of 3 times the current Turnover... It having been gone around its issue price.. Can we expect it to bounce back & give decent returns over 2-3 years???
0 out of 9. In last 1.5 years, I just got only one SME IPO.
It is extremely difficult to get any oversubscribed SME IPO. I think there is always something cooking from Registrar end for oversubscribed SME IPO. If anyone knows in this regards then please discuss.....