Post issue number of share about 1.36cr , net profit fy23 abt 4.04cr (? Cooked or real) gives eps about 3. So pe around 20. DD explained well. Listing may be profitalbe in current sme wave. But sme mein soch kar samajh... Applied 1 lot and 2 lots. Suspense prevailing which is not good.
careful in subscribing and Holding IPO SME Madness is gong to dy out
1. G profit| Link| Bookmark|
September 18, 2023 6:36:37 PM
IPO Mentor (1200+ Posts, 300+ Likes)
What is happening in the ipo market? Every morning when I open chittorgarh, I see atleast one new ipo for the past one week. Why is the mad rush? Does that mean the bull run is coming to an end?
8.4. Vnrao| Link| Bookmark|
September 20, 2023 8:43:26 PM
Top Contributor (500+ Posts, 200+ Likes)
This rush may be due to expiry of SEBI approvals. In September, 2022 also similar number of SME IPOs (29) gone public. Notable wealth creators are Virtuoso Opto, Viviana Power, Annapurna Swadisht, Varanium Cloud,Insolation Energy, Cargotrans, Concord Control, Cargosol, Silicon Rental, Frog Cellsat, Vedant Asset.