Dear Experts, Arihant ipo apply or avoid? Which is better sme ipo to apply in current sme IPOs?
46. Shy| Link| Bookmark|
December 20, 2022 4:21:39 PM
Top Contributor (500+ Posts, 200+ Likes)
Can some1 tell, can there b problem in sell of SME share on listing day if allotted, pre order may b, are all orders executed ? are these recommendations of applying or not based on short to medium terms also, if cant find buyer ? (never traded SME, beyond my reach/risk. never got allotted one.),
Ipo Category: Education.. Arihant has a good reputation in education business. I studied my HSC + competitive exams in a part of arihant. So I can vouch for the quality of education. Arihant has acquired many small institutions to griw this big. A long way to go from here. The fees is quite affordable ( based on merit) compared to other players.
I only paid 1/5th of the tution fees by not opting for a bill (tax evasion) and a generous discount due to a know faculty member .
It is expensive but a concrete investment. So I'll apply for investment and listing gains as well.
40.2. Abhii VPG| Link| Bookmark|
December 20, 2022 12:48:11 AM
IPO Mentor (900+ Posts, 300+ Likes)
@MZ sir Something about Uma plz. Debt part is very high, smj nhi aa raha is it worth applying or not?
40.4. Smile.| Link| Bookmark|
December 20, 2022 3:02:06 PM
IPO Guru (1600+ Posts, 900+ Likes)
@MZ mixed opinion on arihant on this forum and other experts also specially in sence of issue prize. Does the subscription figure is credit of Arihant or due to weak/ no competition of mainboards and sme?
40.5. ValueSeeker| Link| Bookmark|
December 21, 2022 8:49:15 AM
IPO Mentor (1100+ Posts, 400+ Likes)
@Monster Listing pe sab bechenge to kharidega kaun? :-)
@Abhi . As you said..it is quite visible from the financial pattern. Can buy from 190-195.....by January end it'll blast if the pattern follows...280 should touch within no time. Use Gtt order for buying at different price points..you have a good view here.
@MZ sir took a small entry in Mirza today. Also tracking some others like Delta, Allcargo. Dharmaj is also looking very reasonable now, but still confused!
@Ram Chaudhary.........muje to dimag lagana hi padega bcz I am ultra HNI. Retail ko sochna nahi hai........Ultra HNI fas sakta hai. Jese LeMerite mai fase huae hai.
I have fund for 2 lots, which is goodm, Retail or HNI?
37.1. Imhilli| Link| Bookmark|
December 19, 2022 3:29:38 PM
IPO Guru (1200+ Posts, 700+ Likes)
As in both the categories it will be allotted on the basis of lottery, if you have two accounts to apply, go for 2 retail application and check your luck. If only 1 account, then go for HNI.
I have raised the issue with SEBI for amount blocking issue with BAHETI RECYCLING INDUSTRIES LIMITED and got the usual expected response.
"In this connection we have to inform you that since there was a heavy inquiry load on our website therefore you might have come across the said issue and we are very sorry for the inconvenience caused to you."
35. Smile.| Link| Bookmark|
December 19, 2022 12:08:05 PM
IPO Guru (1600+ Posts, 900+ Likes)
@SMEIPOKING GMP is decided by grey market operators and not by the investors. GMP is not official parameter we all know. It is on the basis of company financial, management, sector, market conditions and many more. So, it is difficult to understand by general retailers. There are many retailers also who go in deep with all the factors. According to you what should be the premium in this case? Generally investors belive in GMP and subscription figures on last date. I think so.
Well as per my opinion more than 10PE for SME IPO is always expensive. 15 is maximum but if promoter have taken big bonus before IPO than even 10 PE is also expensive.