The business of Fidel Softech looks interesting. They are in local language interface. That means for every program they can create an interface in indian languages. US companies when they decide to gain market share in India, they will go for companies like Fidel to create local language interface. I find it interesting.
But the IPO size is small and the operators will definitely play here by controlling the prices. I will wait to see how eMudhra will perform and then decide my investment strategy.
But it appears that profit on 6M basis in 2022 has reduced by appx 40%. Also, EPS is down (May be due to other expenses). May be data was fabricated a bit before launching of IPO......
@NaveenK, 'Precision' Results are not that bad, (better than my expectation as the share was dropping every day, except today). I would wait for other experts to advise.
Disclosure: I have huge investment in precision.
Thanks
35. Kami| Link| Bookmark|
May 29, 2022 8:49:55 PM
Top Contributor (300+ Posts, 100+ Likes)
GOING THROUGH FORUM MESSAGE AND SEEING PEOPLE APPLYING IN LIKE TONS OF LOTS AND STILL GETTING ONE OR TWO JUST SHATTERED MY CONFIDENCE OF GETTING SME IPO 🤣🤣😢
i see FIDEL SOFTECH ipo as Interesting one… one may consider it on last day after looking at subs fig. and GM activity… risk takers may apply for long term
32.1. Kami| Link| Bookmark|
May 29, 2022 8:13:55 PM
Top Contributor (300+ Posts, 100+ Likes)
Can anyone confirm third party application through sbi yono lite are accepted/rejected? I have applied for couple of ipos through yono lite third party. But yet to receive any allotment so far.