This is an SME IPO. In these companies,liquidity is a big problem in these shares. Be careful while applying for this share as big money is involved for single lot. In SME IPO Sebi may study to make sure that small retail investor should not loss their money so they keep the bigger lot size. Till date, major SME IPOs has given return in - level.I think and suugest Investors may keep away and avoid to invest. Generaly SME IPO mostly subscriber near 1 time. and getting full allotment.....
43. CLD| Link| Bookmark|
September 25, 2014 4:27:14 PM
Top Contributor (500+ Posts, 100+ Likes)
Dear friends
forget about SME IPOs. These IPOs carry highest risks & also can''t be sold easily. If you don''t believe it, check number of sellers/buyers on the already listed SMEs. It is advisable to keep off from such IPOs. For more information click on " IPO Comments " in caption above under my name.
NO BANK IS OFFERING ASBA CHECKED ON SBI HDFC AND UCO. HOW TO APPLY???
37. SONMAYA| Link| Bookmark|
September 24, 2014 4:41:53 PM
IPO Guru (1300+ Posts, 500+ Likes)
DEAR ALL ,regarding nos,. of application i. ..MOMAI...ipo,total shares r 3822400 which also includes market maker and promoters reservation ...that means that shares available in this ipo will be less then 3822400 shares ......retail application will require less than 1195 for one time sub. in retail....
36. SONMAYA| Link| Bookmark|
September 24, 2014 1:34:57 PM
IPO Guru (1300+ Posts, 500+ Likes)
There r 3822400. Shares in momai ipo .......out of this 50%.shares are for retail investor..........means ..."...... 1195 ....application needed for. One time. Retail subscription......
This is an SME IPO. Liquidity is a big problem in these shares. Be careful while applying for this share as big money is involved for single lot. In SME Sebi tries to make sure that small retail investor should not loss their money so they keep the bigger lot size. Hope this will help you.
Do not apply in this ipo no sense to block Rs. 144000 in momai apparel rather apply 5-6 application in Monte Carlo and Inox wind which are are more genuine ipo for retail investors. These ipo are 500cr ipo so fair allotment chances even if it''s oversubscribed ....
24.1 CLD - Thank u very much for the very apt information. Time is ripe now that both BSE and NSE need now to create / provide platform for small investors for easy liquidity for SME stocks as large No. of SME companies are coming out with new issues in the days to come. SEBI/Govt. need to intervene and show the way to protect the hard earned money of small investors.