@ trueinfo. I observe you r more active on sme ipo rather than main board.. ?? Anyways i m also thinking to apply.. will tke final call on last day sub figure.. In sme i alwys hve feeling of playing with fire..🔥🔥
@GJ, yes, correct. the green energy or related solutions will have some craze for future. I applied and allotted Promax SME. 10 Rs share today 25.5 Rs :)
they are into engineering consultancy services for hydro projects...not sure if hydro projects are of major focus than wind/solar. be cautious.
8.9. lokes| Link| Bookmark|
November 25, 2021 12:25:37 PM
IPO Guru (4400+ Posts, 5100+ Likes)
Guys, this company looks good for applying purpose. Cant be compared directly with promax/kotyark/EKI (all three doing very good) but little bit related. This is mainly in consultancy and providing services in many fields not just energy/renewables so its in diversified sector. One good thing is its providing services in international countries too. Its revenues are lesser but profit margin is very good in compare to revenue, most other good sme ipos, its few crore profit over 50-100 crore revenue, here its 60 lakh profit on 2.4 cr revenue. Other good thing is ipo size is very small of 2.09 cr only so free float will be less but due to this reason only its having good subscription numbers. I will apply on monday in this. Gofashion ipo money will be available for HNI''s to apply but money blocked here can''t be used in star health ipo but can be used in tega ipo.
8.10. lokes| Link| Bookmark|
November 25, 2021 12:41:39 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@MRavi sir: Promax today at 28 rs. By looking at it, i get remind of scam1992 web series dialogue for you: "Risk hai to Ishq hai" :)
I have nothing to loose on Promax or many others (like Prevest, BEW Engg). multiple returns, happy to hold. even ''DKEGL'' is on fire today.
Thanks
8.12. lokes| Link| Bookmark|
November 25, 2021 1:44:09 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@MRavi: ya i was thinking you may not understand since u don''t understand hindi much, anyways others will understand. It suits you for many of your holdings. ya DK also showing good move today. Patience pays good reward in good companies but in bad companies it increases our losses with time and identifying good/bad is very tough and sometimes operators play too in small sme''s :)
@lokes, I agree. For me, its very difficult to understand all companies if good or bad early. I take chances, one or 2 back fire, but remaining if the are in good category, it will compensate and contribute overall gains in long term. I will review with next quarter results then will dispose to liquidate. Holding MTCL many lots, hoping it will give good results.
Any advises are welcome.
Thanks
8.14. lokes| Link| Bookmark|
November 25, 2021 2:12:31 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@Mravi: i sold all jainam/markolines/DK/bombay with markolines loss compensated by DK and some profit in jainam and around 60K profit in bombay metrics. yes this markolines is still not moving at all, except this, all good/average sme ipo''s performing well. This markolines is becoming "Cartrade" of mainboard ipos :) :) Anyways u can keep holding this till results as all others are in good profit for you so lesser risk for you.
Is this company running from home, there is no office address or factory premise address mentioned in their prospect. Only registered address which is house no is given.. pl. advise, if it ok to apply .