All the news are fake about subject to 17000, how 84 crore sme can be subject to 17000/- impossible it can be maximum between 180 in lower lever and 195 maximum level not beyond that is possible on listing
NATIONAL STOCK EXCHANGE OF INDIA LIMITED DEPARTMENT : CAPITAL MARKET SEGMENT Download Ref No : NSE/CM TR / 37202 Circular Ref. No : Date : 20 /201 8 March 14 , 201 8 All Members, Revision of Trading Parameters of SME securities in Capital Market segment This is in partial modification to Exchange circular no. NSE/SME/MEM/21427 dated August 06, 2012, NSE/CMTR/21587 dated August 31, 2012 and consolidated circular no. NSE/CMTR/34597 dated April 07, 2017. With reference to SEBI circular CIR/MRD/DP/02/2012 dated January 20, 2012 new SME IPO securities shall form part of Special Pre-Open Session (pre-open 2 session) conducted using call auction mechanism for price discovery before being made available for trading in normal market. With reference to SEBI circular CIR/MRD/DP/ 6/2013 dated February 14, 2013 existing listed SME securities shall form part of daily pre-open session (Regular). Members are requested to note the relevant trading parameters for SME securities: A) In case of Listing/Relisting a) Market timings:- Special pre-open session (pre-open 2 session) using call auction mechanism of duration of 60 minutes from 09:00 am to 10:00 am shall be applicable as below:- Preopen2 session Time Remark Order Entry 9:00 am Period 9:45 am (*) Order entry, Modification and Cancellation (*) System driven Random closure between 44th and 45th minute Order Matching & trade Confirmation Period 9:45 am(*) 9:55 am (*) Order matching period will start immediately after completion of order collection period. o o Opening price determination. Order matching and trade confirmation. Buffer Period 9:55 am 10:00 am Transition from pre Normal market open to Page 1 of 3 Regd. Office : Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051
B) In case of existing listed SME securities a) Market timings: The pre-open session (regular) using call auction mechanism of duration of 15 minutes from 9:00 am to 9:15 am shall be applicable as below:- Session Time Order Entry 9:00 am Period 9:08 am (*) Remark Order entry, Modification and Cancellation (*) System driven Random closure between 7th and 8th minute Order Matching & trade Confirmation Period 9:08 am(*) 9:12 am (*) Order matching period will start immediately after completion of order entry period. o Opening price determination. o Order matching and trade confirmation. Buffer Period 9:12 am 9:15 am Transition from preopen to continuous trading session Page 2 of 3 Regd. Office : Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051
A) In case of Listing/Relisting a) Market timings:- Special pre-open session (pre-open 2 session) using call auction mechanism of duration of 60 minutes from 09:00 am to 10:00 am shall be applicable as below:- Preopen2 session Time Remark Order Entry 9:00 am Period 9:45 am (*) Order entry, Modification and Cancellation (*) System driven Random closure between 44th and 45th minute Order Matching & trade Confirmation Period 9:45 am(*) 9:55 am (*) Order matching period will start immediately after completion of order collection period. o o Opening price determination. Order matching and trade confirmation. Buffer Period 9:55 am 10:00 am
it is long term stock . short term trader should stay away company is sound though so will see how it list as i am now taking cue once the stocks list in market and you can get fair chance to buy.
50. Hiteshji| Link| Bookmark|
April 10, 2018 11:25:13 AM
IPO Mentor (700+ Posts, 400+ Likes)
Allotment done. I got the msg of allotment. All the best.
After 26 March Listing Pre Trading Session so 9.15 to 9.45 for buy and sale limits and 9.45 to 10.00 for automatically trading and after 10 free for all to buy and sell shares...
Bid/Issue Opening Date: Wednesday March 28, 2018 Bid/Issue Closing Date Wednesday: April 4, 2018 Finalisation of Basis of Allotment with the Designated Stock Exchange: Monday, April 09, 2018 Credit of Equity Shares to demat accounts of Allottees: Tuesday, April 10, 2018 Initiation of Refunds: Wednesday, April 11, 2018 Commencement of trading of the Equity Shares on the Stock Exchange: Thursday, April 12, 2018
Very Sound company..... Offering @ pe of 20 only and peer groups like.maan aluminium and manaskiya trading at more than 28 pe.... Also it drives with consistent growth in top line and bottom line.... Minimum 20 rs. upper price possible........it seems that it has the ability to give 12000-15000 in pocket to the allotted.....