AMIC Forging Limited IPO Message Board (Page 6)

Good Morning Members,
Last and beautiful month on start. Very pleasant month in West. Delhi as usual starting with cold and lovely cold in the end of the month. Month for Snow lovers. Himachal, J & K, the place to visit.

Now as far as Share Market, good start with green every where. Listing again very good but couldn't continue the trend. Whenever listing is on higher side, profit booking or selling pressure no one can stop on thre day of listing or on next day.

5 SMEs today. Investors have funds in bulk with them. AMIC FORGING subscription figures not a surprise. Going to cross definitely 500 times in my views.

All the best to the lovely members of this Forum.

​@PKRAJ sir congratulations for TTL allotment , I got a retail in SH too,
I liked your positivity towards SME that you didn't got weary after long time non allotment as you said knowing lesser chance of allotment in retail, I've been trying luck too for a year not got any SME even mainboard is difficult.

applied 1 retail in Deepak and 1 in Amic.

@PKRAJ.. By the grace of God.. I also got one retail in tata..ireda..& flair & sold all on listing day.. Happy to get what God have given as PRASAD..
Applied 5 retail in both sme ipo's closed today..
Feel Nice to recall old days memories of.. Asaf ali Road side roaming in office lunch break.. Visiting Delhi stock Exchange.. Saw movies at Delite cinema.. & also visited several times Firoz shah kotla cricket ground & saw test matches there...
Best of Luck & happy week end Sir 🙏

Applied 11 retail applications..🤞🏻

Best of Luck to.. Super Lucky man.. @Tejas bhai 🎄🎄

Experts,

Applied for my first IPO through HDFC ASBA and encountered a 'Limit' error. Funds are on hold, but there are no IPO details reflecting.

Can anybody help me resolve this issue?"

@Gadhavi Traders,

Thanks for your email, fund unblocked successfully.

But when I am trying to apply again coming same message coming "Error in Updation of Limits" and blocking the fund.

@Gadhavi Traders,

I am trying to apply for my daughter, she is minor.

Sub2 rate latest

If upi mandate of hni application is not received till bow, what to do now ?? Can I apply through asha. Whether application applied through asha will act as duplication of the application.
Please reply.

through asba

Anyone applying 11 lots here,Please join me..

Joined you with 3 x 11 lot apps ...also applied 2x 20 lot application

​@jitZ and @Anshujii Joined you with 2 applications of 11 lots each

Anyone applying 20 lots here,Please join me.. applying 2 x 20 lot

Applying 8 application of 15 lots each. Any 1 joining 15 lots

​@Ajitkumar 
Applied sir?

I am a newbie in SME IPO. Many people are saying please join me with this and that no of lots, e.g. 9 lots, 12 lots, etc....

What is this. What is the logic behind this. What is the benefit of taking more people with you in a certain no of lots category ?

Experts pls shed some light. Thanks in advance.

​@Basuvr  and other experts pls.👏

Although late in posting this message, but it might help last minute applicants to make a decision:
1. The revenue has increased by 64% last year and 170% in previous year.
2. PAT increased by 1031% last year and 54% in previous year.
3.Net Profit ratio has steadily increased in last 3 years.
4. PE looks decent in comparison to its peers like Maiden and Ramkrishna.
5. Positive Cash Flow from Operations in 2 out of last 3 years.
6. Setting up new manufacturing facility with the proceeds.

Negatives:
1. LM has a mixed track record of listings.
2. The sector is highly competitive and is volatile in terms of pricing and supply.
3. Current ratio has been steadilty decreasing which shows high level of weoking capital requirement.

I dont see cutoff checkbox in zerodha
Was it never there in SME ?

Applied 6 lot 7 applications
What chances are

​@Hope is life Are you applying in AMIC?
Thanks & Regards

Applied FF.

Hello friends,
Good Morning!

I am new to SME IPO, so please excuse if my questions are kind of layman.

1. Do we have lock in period for retail investors?
2. Does the allotment to be followed as T+3 similar to Main IPO?
3. Any other major difference that an investor should know between Main and SME IPO.

1. There is no lock in period for retail investors.
2. Yes, the allotment is T+3 just like mainboard IPOs. But this timeline is applicable for IPOs opening on or after 01.12.2023.
3. There is a chance of liquidity issue in SME. Also, you can not sell shares partially i.e. it has to be in full 1 lot and so on. e.g. in case of AMIC, you have to sell a complete lot of 1000 shares. Rest there is no major difference.

Thanks Nitesh!

Applied 5 lots(HNI) here. Join me.

my payment for IPO application got rejected yesterday by bank inspite of having enough balance. now even application is not getting canclled so that i can re apply, please help and guide

Hello everyone

From today onwards
3rd party applications are allowed or not ???

Any clarity ??

Janta Deepak me jyada lagayegi, just because of one name Hem securities, which is gaurantee of +ve listing

Anyone with 8 lots application to join me