27.4. jstm| Link| Bookmark|
February 20, 2021 9:35:05 AM
(1300+ Posts, 3200+ Likes)
@ Dinesh SME IPOs usually never lists in premium. Either they list flat at par +/- 5% or discount and sometimes in 20-25% deep discount. Avoid all SME IPOs. Never apply in SME IPOs.
Sell.in preopen at whatever price it list. Beeline all issues have been hammered miserably. It increase in begining and then dumped. Please don''t fall in this trap and sell immediately .
I believe we should avoid this IPO. The company simply wants to ride the high tide of the market. Blocking such a huge amount is a wrong presidence being set and SEBI should not allow this, companies are simply taking advantage of the money they will generate to pay off there debts.
Application whose subscription is shown to create subscription level have been sold . Those who will apply will be caught in this trap and incur losses which will never be recovered.
Please check past all issues of beeline. How they managed to get high subscription through application sold before is a big possibility. None of issues is now above issue price. The application applied are lerady paid to increase subscription number which sibtrap for retailer .stay away and don''t burn hands in this. This time huge discount listing
Suppose this list at 20 pc discount to issue price. Now the settings with few individual is done to show subscription to buy their application .In this way company can collect money easily with help of LM Those who have sold application are the ones who have applied and rest few bakras will lose their capital completely.
Fake subscription as always from beeline with internal setting. Now consider who will be ready to buy this scrip which is a trading small company opened in house. Look at their management in prospectus to understand. Please avoid new SME IPO completely. A few who have applied trying their luck for listing gains will have to sell at loss and later no chance of recovery.
Company offer equity @ Rs. 50.00 per shares and Last year profit only Rs. 18 lacs. Again trading company. How we value our investment return is big question
Just 3 yes old company which has opened unit in a house. They will take easy 3 crore of public money and vanish in few years . Please do not touch such companies with no fundamentals at all How exchange has allowed to let them open an IPO as this is public HNI and retailer money. A few people who think to apply and exit on day 1 even at loss let them apply in it
Trading company .from company address it seems to be at some small house unit Clearly a case of looting innocent retailer money. Please don''t apply even after looking at subscription as it will be generated fake in many ways nowdays
Wonder how SEBI allows these issues! They are so lax and careless innocent investors are looted right from 1970s - Usharectifier, Nisha Synthetics, Gloria Fianance in the 80s / 90s and so many other since then! Totally usless regulator!
9. techuser| Link| Bookmark|
February 8, 2021 11:26:33 AM
IPO Mentor (500+ Posts, 300+ Likes)
NEVER EVER APPLY IN SME IPO, SAVE YOUR HARD EARNED MONEY.
Most of these are FULLY OPERATOR MANIPULATED companies, they DON''T DO any BUSINESS. On the name of business, they DO MANIPULATION OF STOCK PRICES, and that''s how PROMOTORS MAKE MONEY AND LOOT RETAIL INVESTORS.