Marinetrans India Limited IPO Message Board (Page 2)

Gmp 3.Small size ipo. Power in the hands of few. Fun and games on the cards for sure . As per my connects in Rajkot and Ahmedabad. Likely to show some fireworks 🎇🎇
All the best to applicants.

HOS voice at Ahmedabad and Rajkot getting honored, booked profits in pre opening itself. Congratulations to all all individuals who took calculative risk in this one. Cheers

Applied 4 retail applications 🤞

Applied 3 retail applications 🤞

​@Admin @ Chittorgarh.com  Please see the live subscriptions of all the 3 open IPO's are not refreshed after 11:22 AM..

Graphiads..??
Subscription any one update..?? Here

Graphiads
Nii 1.73x
Retail 4.16 x
Updated 2.37pm

Nii 8x
Retail 33 x
Updated 2.25pm

Latest Subscription
Nii 7.5 ×
Retail 29 ×

Subscription till now
HNI 8 times
RETAIL 29 times

Anyone please share latest subscription or link where we can see ...

Both the SMEs closing today are not looking attractive. Financials are also not so impressive. Looking into other IPOs in line better to avoid both the issues.
Only to get allotment in low subscribed SMEs will not be advisable. Even GMP not showing any interest. May give negative listing also. Funds already unlocked in both the SMEs. Funds available with investors, so it is very difficult to control while applying. Both AVOID for me.
One must take decision at his own level only.

​@PKRAJ Agreed 💯 👍

Hi members, If we have funds for 2 to 3 lots in sme, should we apply 3 from different demat or should we apply 3 from single demat. Which have higher chances of allotment.

In my view, apply single lot from different accounts for better chances of allotment.

Keep minting!

This IPO is clear cut avoid, not good LM record as well as financial. Skipping 🙏

✍️UPDATE SME IPO
Swashthik Plascon: ₹11/= ₹12/=
Deepak Chemtex: ₹65/= ₹70/=
AMIC Forging: ₹111/= - ₹113/=
Net Avenue Technologies: ₹7/=
Graphisads: ₹1/= ₹2/=
Marinetrans India: ₹1/= ₹2/=
Sheetal Universal: ₹7/=
[ Jodhpur Beawar Chennai Raipur Kolkata :-
As Heard from Various Brokers or Grey Market dealers ]
🙏Please note that whatever GMPs I am posting are just for 📚knowledge purpose
We do not support or execute grey market trades

GMP UPDATE SME IPO
Swashthik Plascon: 11/= ₹12;
Deepak Chemtex: 65/= ₹67/=
AMIC Forging: 113/=
Net Avenue Technologies: 11/= - 12/=
Graphisads: Nil
Marinetrans 🇮🇳India: Nil
Sheetal Universal: 9/=
Accent Microcell: 113/=
[ Jodhpur Beawar Chennai Kolkata ]

I prefer Net avenue to this one. What do experts say?

​@kishenharendra As rightly suggested by @KAMMA SIVA RAMA KRISHNA Sir, always go for best one, irrespective of subscription figures (you will get allotment of your luck favours). Ultimately it is game of luck only (or you need to have huge sum of money to apply for bit lot size). I am writing it on the basis of my personal experience only as I got allotments in retail category on hugely subscribed SMEs (of course not on a regular basis).
The most important thing is to avoid below par or highly risky SMEs because they can cause huge loss too.
Hope you will get allotment soon which will boost your confidence and believe in luck 👍👍

Thank you very much for your endorsement.

Points to note - AMIC Forging & Marinetrans

Looking at financial, it's big avoid for me ,it better to protect money instead of taking risk where it is certainly not gonna give returns which we are searching.

commited cargo buy kr lo isse acha to

True instead of applying,better to buy committed cargo .it has corrected so much and can't go below that .. committed cargo has good future prospects...results for sept also good

Current year P/E comes to 26.5, post issue that becomes 39.69. Revenue and PAT on the decline and operating as an intermediary, not much pricing power and yet such valuations. Swaraj brings some positives but this issue looks dubious.

Yes and some desperation to bring out the issue based on disclosure of 2 months of FY24 financials. If annualized it come to almost flat revenue over FY23 which was a decline over FY22. Also, the business is very me too. Skip for me.

Keep minting!