Hyusu Consulting LTD As on 19-Sep-2016 12:20:51 IST Total Issue Size 608000 Total Bids Received 604000 Total Bids Received at Cut-off Price - 0 No. of times issue is subscribed 0.99
Since tomorrow is the last day to subscribe, keep an eye on this IPO.... As the issue belongs to the creamy sector of HR consultancy, its worth to take a risk... Lets look into the number that is gonna to come tomorrow and then lets decide....
also if you check recent performance of sme is not good. out of last 8 sme 7 are down below issue price.
sebi must do something to check the number of sme coming and why its all going down. if this trend follows noone will apply in new sme
as i said before buy ambition mica, arambhram hospitality, universal auto, hitech pipes,fourth d, hitech pipes,loyal equipment,jiya eco,lancer container in sme as old sme that are listed are very cheap rather than going for new sme
LOOKING AT WAY RECENT SME HAVE PERFORMED ITS AN AVOID.
LOOK AT ALL RECENT IPO PERFORMANCE WHETHER HIGHLY SUBSCRIBED OR NOT
NARAYANI STEEL AND SPRAYKING EQUIPMENT. SPRAYKING WITH 6 TIMES SUBSCRIPTION. THEY ARE AVAILABLE AT SAME ISSUE PRICE MITSU SAME PRICE RIDDI TUBES IS LISTED AT DISCOUNT SPICY AT DISCCOUNT KWALITY AT DISCOUNT
SHIVE GRANITE 3 TIME SUBSCRIPTION IS HUGE DISCOUNT ADVANCE SYNTEX 5 TIME SUBSCRIPTIONHUGE DISCOUNT
ONLY MADHYA BAHARAT IS LITTLE HIGH THAT TOO WAS AVAILABLE AT 26 RS ON LISTING DAY. SO DESPITE ALL THIS I WOULD SUGGEST EVERYONE NOT TO APPLY IN SME AT ALL FOR TIME BEING UNLESS THEY SET PRICE AT DISCOUNT AND PRICE IT BELOW 6 P/E .
Salary & Wages for 2015-16 is Rs 995 lac whereas employees are 142 people. So an average persons earns Rs. 7 lac per annum which is way too high. Also the total electricity bill for the year is 1.58 lac or Rs. 13166/- per month. Wonder where these 142 employees are housed and whether they go with out air conditioning not to mention the Main Servers and computers which need air conditioned environment. Looks suspicious.
Jonam sir Generally consulting companies itself hire consulting companies servicrs emp which r not in their roll.so though emp are 142 but outsourcing is done on big level .142 is 10% of outsourcing emp.and on company''s roll.
Though it is my guess but merely 14000/ rs per month may be due to they get power genration inhouse.their bill for electricity is for govt supply and rest they may be producing through gensets.most of offices now a days run on gensets.loke shopping malls.may be sound crazy but this may be truth.
HR consultancy are trending today... As we saw in main stream IPOs like Quess Corp & Teamlease, so I am pretty hopeful that it will receive better response....
Yeah but there is no such peer companies to compare with. And when u compare with Quess corp and Team lease, still its better priced being a SME IPO. They are raising fund to develop/expand their footprints, hence we can expect good response hopefully...