AIK Pipes And Polymers Limited IPO Message Board (Page 3)

This doesn't have qib right?

DEAR AMIT JI

Aap Jaipur se ho and we also Jaipur and AIK Pipes also Vaishali nagar ,Jaipur
but jyda information available nhi h is company ke bare m ,aap kuch jante ho kya regarding Company and promotors

Nahi sir. Sorry.

thanks for sharing sir

i think promoters indirectly wants to take all profits of company via salary nd make investors fools...

Thankyou sir, for the information. Downloaded RHP after your message and confirmed it. SKIPPING this ipo becoz of this. No problem even if the ipo is subscribed less, and lists at higher rate because of LM Shreni. We must boycott ipos if we are convinced that promoters donot have good intention of sharing profit with shareholders

Thanks once again. Your message helped investors take wise decision. Continue sharing your ideas and facts. It will be useful to all

​@Serious long term investor @G profit I did some checking on other recent IPOs to see if this is unusual

For Siyaram, the 2 key directors were drawing 84L combined before IPO, and will draw 2.4 Cr combined post listing (see page 110 of RHP). Siyaram is up 50% from IPO price, and still hitting UC. It was a similar size IPO.

For Shree OSFM, the 2 key directors were drawing 1.7 Cr last year, and will draw 3 Cr combined this year (see page 106-107 of RHP). Shree is up 25% from IPO price, and continues to hit UC. Similar size IPO

For AMIC, the directors went from 40L combined to 1 Cr. AMIC is up 250% from IPO price in 1 month (admittedly much higher PAT)

In case of AIK, the Directors are recently appointed to that position and hence the old compensation looks less (12L is extremely low). In light of above examples, this fact will not have any listing gain impact in my view. What do you think?

I'd advise you against investing in SME IPOs at this nascent stage of your investing journey. Please gain some experience of the good, the bad and the ugly of IPOs in general and SME IPOs in particular. Once you feel you're comfortable with losing your 3/4 lacs or at best doubling it, then by all means indulge in SME IPOs.

Keep minting!