RELIANCE HAVING TOO BIG EQUITY HAVING RATE AROUND 1600 OF 10 RS SHARE AS PE 16.5 ONLY AND DIXON TOO SMALL EQUITY AND RATE AROUND 1800 WITH PE OF 45 WHAT''S THIS ? HOW PERMITTED
83. BullOverBear| Link| Bookmark|
September 4, 2017 11:53:11 AM
Top Contributor (300+ Posts, 100+ Likes)
Dixon is priced pretty high. However in absence of competitor and bullish market, this shall see good demand in IPO.
The business being contract manufacturing and good PAT seems with good performance. At same time, lack of brand is concern and hence a risk too. Its coming out at time when other IPOs -matrimony and BRNL- are not lucrative and hence relatively this fetches more investors'' money.
Premium is high like S Chand no one is seller because retail lot is 8 share''s and HNI subscription not known price is very High 1766 . Without any brand and only 3% margin . Sebi has to take some serious measure''s for these high price ipo''s to make same IPO market..
SEBI doesn''t compel us to apply for IPO. If you feel the pricing is unjust, avoid subscribing and keep others informed. Let such companies have poor IPO subscription and automatically other upcoming IPOs will be price themselves more sanely.
IN FORTHCOMING IPO DISPLAYED ON DASHBOARD ONLY DIXON TECHNOLOGIES PROFIT MAKING COMPANY. ALTHOUGH PRICE BAND IS HIGH BUT SOMTHING ON TABLE FOR INVESTOR.WE CAN APPLY FOR LISTING GAIN. IF YOU SEEMS SOME RISK THAN SELL IN KOSTAK.