Its good to see higher-level of subscription. But dear retail investors, don''t invest in SME until you analyse the company and found it is available at reasonable price. Otherwise, your money will stuck for long time if there are no buyers. That''s the reason, SEBI decided min app amount is more than 1 lakh.
I''ve seen it''s prospectus. there is sudden jump in EPS from 0.88 to 1.57(almost 100% where as revenues are just 50% up) it is available @ pe of 28.66 . it''s peer(Aurionpro sol ltd) is available @ 24.
Well.. Think twice and analyse it before investing. There should be a person on the otherside to purchase it for premium amount.
It''s my high level observation. Please go-through the prospectus and see it''s business growth then nnly invest.
49.1. gala| Link| Bookmark|
March 16, 2017 9:13:15 AM
IPO Mentor (500+ Posts, 200+ Likes)
Airan Limited - Graphical display of bids received *
(* indicates bids position and not necessarily the subscription to the issue– bids received on the Exchange platform only)
As on 15-Mar-2017 15:45:36 IST Cumulative Demand (no. of shares in lakhs) Bid Price (Rs.) Note: Cumulative (NSE) bid quantity at each price point includes the quantity (NSE) bidded at that relevant price point and all valid bids above that price point.
Total Issue Size 3300000 Total Bids Received 10623000 Total Bids Received at Cut-off Price - No. of times issue is subscribed 3.22 Graph Logic
yesterday i was visit at company HO office at C G ROAD ahmedabad its own 4 floor building and above 100 own office in all over india business mundle super work all are related bank and telecom sector.
I think avoid this SME ipo bcoz after invest 135000 for 25 days we can make profit or loss ?
37.1. NPT| Link| Bookmark|
March 15, 2017 12:02:23 AM
(200+ Posts, 300+ Likes)
If you are from Ahmedabad, this company has its establishment in Ahmedabad. Tomorrow visit the office and observe the infrastructure, their functioning, etc. Thereafter, Post your observations here.
Airan Limited - Graphical display of bids received * ON NSE SIDE
(* indicates bids position and not necessarily the subscription to the issue– bids received on the Exchange platform only)
As on 14-Mar-2017 17:45:18 IST Cumulative Demand (no. of shares in lakhs) Bid Price (Rs.) Note: Cumulative (NSE) bid quantity at each price point includes the quantity (NSE) bidded at that relevant price point and all valid bids above that price point.
Total Issue Size 3300000 Total Bids Received 4488000 Total Bids Received at Cut-off Price - No. of times issue is subscribed 1.36 Graph Logic