Greenhitech Ventures Limited IPO Message Board (Page 6)

It is a pass for me.

Keep minting!

​@NeoLongus Danke! for your views.

Aha...Leute Spricht Deutsch hier!!

This ipo worth emptying

​@SMEKIJAY that's the only german word i know. You sounds like a professional though.

​@Cautious ProPrio do you mean applying or really mean emptying?

​@NeoLongus @Cautious ProPrio @Dhiraj Ramchandani
​@Arjun Rajkot @Tejas Pandya 

I cant understand, when company is consistently going down in revenue and PAT, borrowing going up means financials are poor,
DD and other analysts straight way recommending " AVOID ",
But still three parameters are plus here, one is LM n other is GMP and subscription of first day..
If such poor financials are there, why reputed beline is acting as LM, how GMP is going up and considerable in amount and people are subscribing 🤔🤔🤔🤔?
How to see this contradiction??
And whats ur call?

From fundamentals point of view, this is purely an AVOID candidate, no need to waste time. Now, when we see the subscription numbers, this is more on misleading side due to multiple factors, firstly the size is very small, secondly on mainboard IPOs or SME IPOs are active, so considering last month EUPHORIA, some people are just investing their money in this. GMP these days are mostly unreliable and operators driven, we have seen how it is manipulated. The only thing is in regards to LM, I agree, this is one of the positive factors, but again this shall not be the criteria to go for this issue, considering so many negatives.

I would wait till 16th, I am still busy with year end in my company, mostly will be done with it by 15th and then analyze more on this issue and take final call (mostly will avoid, but again will give a final consideration on 16th).

​@Dhiraj RamchandaniJi,
Agree with this ..
Thanks

​@Dhiraj Ramchandani Are you founded a company?