Is it advisable to subscribe this SME ipo for listing gain ? Retail portion is already subscribed more than 4 times till now. Still one day to go i.e. tomorrow. An Expert''s advice is highly appreciated.
7.1. lokes| Link| Bookmark|
October 4, 2021 1:13:59 PM
IPO Guru (4400+ Posts, 5100+ Likes)
yes it can be applied....
6. Nidhike| Link| Bookmark|
October 1, 2021 9:57:37 PM
Top Contributor (300+ Posts, 500+ Likes)
All current SMEs look crap ❌❌except Bombay Metrics a bit
Unique situation, poised to become a study case in future.
6.7. Nidhike| Link| Bookmark|
October 3, 2021 3:25:30 PM
Top Contributor (300+ Posts, 500+ Likes)
Dynamic security will be my first preference bcause it will have IPO money of both comapny ( D logistic is having unsecured loan from dynamic service so it might pay back ) So I guess Mainly Business hoga dynamic services me aur manipulation hoga dynamic logistic me being the smaller one
Looks much better than the other IPOs. The only problem is its heavy dependence on single customer. And two of its directors are NRI ( So don''t know the credibility of management).
Lets see how much subscription it gets. I think only risk takers able to take 20-30% negative listing should apply.
Sorry, its Unistone I think in the RHP its showing list of past performance of IPOs handled by the LM and one of the IPOs was siddhika coatings so the LM might be Unistone.