How do they manage such subscriptions? Manpower suppliers who made losses when got into investments. IPO proceeds to pay-off loans!
145.3. Ficpl| Link| Bookmark|
November 10, 2017 1:24:44 PM
Top Contributor (200+ Posts, 500+ Likes)
Hi Umang.
Do Apply for the listing gain only.
I also know that fundamentals are not that much fancy which co-relate with the Price.
If allotted with one lot than sold in 2 Days nothing wrong in this.
I have been allotted with Lexus Granito, Vadivarhe, jash Eng etc which are good quality stocks that can be hold but please play the momentum and keep your money invested.
There are many first time applicants in this sme, lot of fancy in my city. That''s somewhat scary.... I have not seen such fancy even in RKEC & LEXUS & WORTH. Above mentioned sme ipo was much better than this SME.
yes I am also scary on this IPO...ALL Main line ipo applicants are applying without knowing anything....Already main line ipo subscription going out of control...so SME subscription also....just apply and sell on the first day is the strategy.....no fundamental..technical....
dear sir, many thanks for your valuable services. investment in any sme ipo is always risky as it not always listed in bse/nse, like main stream ipos. we do not know about the promoters of the co. in this situation should a retail investor proceed further?
Bid Details for ANI as on 10-Nov-2017 12:20:00 IST Sr. No Category No of shares bid for 1 Qualified Institutional Buyers(QIBs) 1,34,400 2 Non Institutional Investors 49,35,600 (3.84x) 3 Retail Individual Investors(RIIs) 3,66,92,400 (28.60x)
Bid Details for ANI as on 10-Nov-2017 12:00:00 IST 1 Qualified Institutional Buyers(QIBs) 68,400 2 Non Institutional Investors 35,54,400 (2.77x) 3 Retail Individual Investors(RIIs) 3,44,16,000 (26.83X)