Jet Knitwears Limited IPO (Jet Knitwears IPO) Detail

Tomorrow D day for jet knitwears,
What price it will list. Any Guess ?

Mutual Funds have begun investing in quality small and medium enterprise (SME) IPO, with a public issue of over Rs 21 crore by Valiant Organics getting investment from leading fund house Reliance MF.

Valiant Organics came out with an initial public offering (IPO) of 9,64,800 equity shares of face value of Rs 10 each for cash at a fixed price of Rs 220 per equity share. The issue opened on September 29 and closed yesterday.

The company will be listed on the SME platform of the BSE (formerly known as Bombay Stock Exchange).

"We always look for investment in quality companies and Valiant Organics is one of them. We have applied for shares worth Rs 8 crore in Valiant Organics'' IPO," Sunil Singhania, CIO for equity investment at Reliance Mutual Fund said.

Valiant Organics is a chemical company with focus on manufacturing and marketing of different types of chlorophenol which has several applications in agro-chemical, pharmaceutical, dyes industries as well as manufacturing of cosmetics and veterinary drugs.

According to Mahavir Lunawat, MD of Pantomath Capital Advisors, a leading merchant banker in the SME IPO space, said SME stocks emerge as a good diversification tool. There are various SME stocks in which brokerages have started showing interest.

"In fact, banks, and mutual funds have started looking positively at SME stocks though participation is still below the desired level. Banks and mutual funds participated in the scrips of Ashapura Intimates Fashion and Moami Apparels at primary and secondary level," he added.

Besides, Edelweiss has participated in the recently concluded IPOs of Comsyn, Sakar Healthcare and Nandini Creation.

Do not influence people by uour big write up

sarthi capital both previous issues husys and crown performed badly.

they had same subscription

lets see how this one performs

Allotted 2/5 in jet knitwears.

Best of Luck I got 1/1.

Subscription at 3.76 times

In retail how many times.

100% discount

all will need liquidity and will have cash crunch and no demand will be seen

20% circuit ... u r very negative for all issue...

List hua ky a jet

Subscribed by 0.81 times on day 2...

Amsons and funny software E TRADING BELOW ITS ISSUE PRICE BEWARE OF SME IPOS. MY AMOUNT 2.4 LAKHS TRAPPED. I DID NOT FIND WAYS TO ESCAPE . I AM SHARING MY REAL EXPERIENCE. PLEASE DO NOT APPLY

today sarthi capital both issues were hammered.

this stock is too expensive and should be hitting lower circuit on day1.

look at the management education qualification and u will know.

it looks sarthi capital have gone from bad to worse now in sme,

Company has achieved so many awards. That very nice. The market PE of textile is 35, shares are issued at 31 PE not bad.
I don''t think their will be listing loss.

realy 31 p/e is less.

crown with 10 p/e has listed at huge discount.

please go ahead . this is a company which will erode your wealth

SARTHI CAPITAL BOTH TODAY LISTED SME CROWN AND HUSYS ARE AT 11 PC DISCOUNT

IGNORE THESE STUPID SME FROM SARTHI CAPITAL

Age of all director is above 60. Their is no young director. They want to retire by listing the company.