The first sme failure issue for Lead Manager Aaryaman Financial and recent ones handled by very very pathetic to all retailers and initial investors on Banka BioLoo, Medico Remedies, Shreeji Logistics, CKP Leisure...................Never Never get initial gains, this is thing I have learned and lost money also to the tune of Rs 2 lacs. They are not having experienced Merchant banking officials or they will only speak to Greedy Pricing.
1st SME company in the last 5 years ipo got extended two times...LM ....Aryaman does not know how to fix the price and reward the same to investors....Be careful with market makers...check the fundamentals of MRSS sme ipo issue price was Rs 13 in 2015 cmp Rs 250 after bonus.....and their 2nd issue priced at Rs 18.....Focus Suits ?