HNI 1.35 times good going. If tomorrow HNI quota subscribes above 10 times then we will consider to apply. Retailers are busy with HDFC IPO so retail quota will not subscribe heavily.
Bhupeshbhai what happened between 10:47:55 AM and 3:39:22 PM? Morning you were asking whether to apply or not and now 100% confident of 5K to 10K listing gain
@ Shah bhupesh chunilal Apply as far as valuation are concern. Moreover chemical co. Are shuting down due to environmental issues in china. Which lead to increase in Demand. Good for long term.
9. COMMONMAN| Link| Bookmark|
July 22, 2018 1:34:03 PM
Top Contributor (300+ Posts, 200+ Likes)
According to market participants, not only exchanges, but also the Lead Managers have opted for quantity game instead of quality aspect of SME listing aspirants and have played a spoil sport for the recent subdued sentiment for SME IPOs. As per SME market participants, SME IPO pricing too has taken its toll and has raised a query about upper caps for pricing of SME IPOs.
In their opinion, SME IPO pricing should be capped at a P/E of around 12 to 15 only in general and quality offers should have a cap of 20 P/E.
As felt by the observers, BSE has some relaxed norms for SME listings compared to NSE.
Whereas This Comes at asking price is at a P/E of around 18... So Not much one can make on listing....
Looks good so far, will apply on last day after seeing the subscription fgr. I think it will give fruit full return on listing and in the long term. Surely PANTOMATH will not disappoint us.GOOD LUCK.