This IPO is going to join >100cr club. Be ready for good return, if allotted. The issue price is very reasonable and I think by this issue the Merchant Banker ''ll redeem it''s image and earn the credence/trust of market again.
Link for Subscription - 50% till 21 Jan 6:30 PM http://www.bseindia.com/markets/publicIssues/DisplayIPO.aspx?id=1253&type=FPO&idtype=1&status=L&IPONo=2325&startdt=1/18/2017
This issues are very risky. Crown sm it had good track record but do not well stiil not able to pull up the issue price. IPOs in 16 relatively not works by better to watch budget. Ex darshan khote nam bada.And if then in secondary is worth.
I applied Amsons apparel SME two years back .I am unable to sell .No Buyers only Sellers. Also it is trading below its issue price for long time. MY MONEY WAS LOCKED FOR PAST TWO YEARS. . SO BEWAREI OF SME IPO.......;??????????
Septa ji, whats your take in Super Fine for applying. Using your valuation model it seems this is priced with discount though the growth is slow ( have taken say 15% PA for year 1-5 and 10% and reducing for 6-10 ). though another concern is that these small issues are easily manipulated and books are almost cooked ( seems less in this particular case )
2. Dilip Davda| Link| Bookmark|
January 14, 2017 3:26:49 PM
Top Contributor (200+ Posts, 300+ Likes)
CORRIGENDUM: ACTUALLY FOUR (4) COMPANIES OF THIS MERCHANT BANKER GOT SUSPENDED IN PAST AND THEIR SUSPENSION IS REVOKED. REGRET FOR WRONGLY MENTIONING FIVE (5) COMPANIES INSTEAD OF FOUR (4). - DILIP DAVDA
Dilip Davda SEBI registered Research Analyst Mumbai