@paras securities Dear sir pls pardon me as I am writing this as u have mention allotment date is 4/feb but I think 3&4 are holidays and I have never seen allotment comes on days which are holidays . Pls be careful while writing and pls don’t make fool of others . We all are here to share the views . Moderator pls watch people’s post they are making fool of investors .
Umang, SKS TEXTILE have better clients like Arvind,Raymond,digjam etc. 15 times participation seen during issue.good top line 158 cr. Bottom line is probably to grow 25-30%.,Best brand Mumbai based company. All experts opinion was stated it somewhat costly so now available @ 100 a33%down to issue price.After getting 7.0 cr reduction in interest cost by 70 lacs per yr.I think it is manipulated by OFS seller to acquire at less price
@nemi chand, Today closed at 92.5 made a new low of 86. Don''t buy this stock otherwise u will be trapped. Why to buy such a SME when quality midcaps are available at cheaper valuation. If you want to buy, buy this stocks: Shivalik bimetal Premco global Grauer & weil Chembond chemicals Sky industries.
I was also allotted two lots and luckily exited on listing day @ 147 average. Now it is available deep down below @70 against issue price of @150. What is now onwards. Get entry or stay away from the falling knife.
As per nse site it subscribed 206 times ,means issue of 4.88cr gets bids of over 1000 cr . I posted earlier that it is better to buy SKS TEXTILE rather than to put money in this IPO. Very few chances of allotment .
Nemi chand, Who will buy your recommendation, when stock is making new lower lows everyday. S. K. S has lost 50 rs. in just 6 trading session. Has not given any positive closing in 6 trading session,also ends at near days low. Today also down 6.5 % down. No one will catch falling knife. I think it will break 100 mark tommorow. It will stop at 75 as per my understanding.
This is surprising, subscription figure of HNI is low as compared to RII, by 3:30 pm HNI would have overtake RII subscription very easily. Today subscription figures are exchanged. RII figures looks like HNI subscription & vice versa. Is the trend changing? Is money moving out of small & microcap & flow towards large cap???