Effect of chavda and hi-green.. Huge loss in grey market.. No one is ready to take risk. Company is also not that gud otherwise QIB portion hota.. Kuch fisshy hai
18.2. B.M.SURANA| Link| Bookmark|
October 5, 2023 4:13:01 PM
IPO Guru (2700+ Posts, 5300+ Likes)
Surana sir, How are you? I am rather curious to know the exact reasons for such a harsh decision. I pray for your kind enlightenment so that it may help us to understand the consequences in a better way. I am hopefully looking forward for your response. Thank you.
12. Anuwak| Link| Bookmark|
October 5, 2023 12:49:49 PM
Top Contributor (200+ Posts, 100+ Likes)
Fundamentals doesn't look that bad but why not any premium? Also why post P/E is more than current P/E? That means Earnings will be less in future or Price will increase even though Earnings remain the same?
11. G profit| Link| Bookmark|
October 4, 2023 8:00:49 PM
IPO Mentor (1200+ Posts, 300+ Likes)
Subscription is very low till now. Waiting for tomorrow afternoon.
10. Vasubhai| Link| Bookmark|
October 4, 2023 12:40:39 PM
Top Contributor (300+ Posts, 100+ Likes)
Your choice is excellent .canarys is a dark horse.low debt,top and bottom line improve. But vishnu and sharp are far better than plada.for plada inconsistent top and bottom line, 2.2 debt ratio. No doubt company business and model are superb. But not delivered in balance sheet . Welcome for anybody views.
9. G profit| Link| Bookmark|
October 4, 2023 8:57:46 AM
IPO Mentor (1200+ Posts, 300+ Likes)
@newgen consultancy Earlier you had advised to MUST APPLY IPO, then you have advised for AVOID after a few days. Any specific reason?
These 12 SME IPOs are going to close next week. Can experts give the preference wise numbering in order to apply considering the safety of application money.
(1) KARNIKA INDUSTRIES (2) PLADA INFOTECH SERVICE (3) SHARP CHUCKS (4) VISHNUSURYA PROJECTS (5) VIVAA TRADECOM (6) CANARYS AUTOMATIONS (7) ONECLICK LOGISTICS (8) VINYAS INNOVATIVE (9) KONTOR SPACE (10) E FACTOR EXPERIENCES (11) GOYAL SALT (12) SUNITA TOOLS
I am posting this message in every page, thinking that some expert may visit one particular page and the other expert may visit some other page and not all the pages.
I posted the above message in all pages, but it is not showing in any other page. Perhaps the message in other pages have been blocked by Admins. NO PROBLEM. May be the policy of Chittorgarh.com. If any expert visits this page, please reply my above querry. Thanks.
6.1. G profit| Link| Bookmark|
October 3, 2023 11:13:28 PM
IPO Mentor (1200+ Posts, 300+ Likes)
We have to note that the listing premium was poor, but investors didnot lose capital via beeline till date, eventhough listing was not at par to GMP. We have to consider it too.
5. Cyclodium| Link| Bookmark|
September 28, 2023 10:34:14 PM
Top Contributor (600+ Posts, 100+ Likes)
Total borrowing in 31 March 2021 15.70 Cr, March 2022 22.24 cr.. 31 March 2023 is 52.45 cr ..A massive rise of around 3.5 times in 2 years.. Stay cautious in SME ipo.. Stocks liks JIWANRAM from Kolkata allotted @ 23,.. 113 times oversubribed is at 20 Rs selling freeze..