Fair price not more than 10 rs. Plz don''t subscribe in such bad companies. let few people who try to exit on day one apply as they even take losses as well and just apply blindly. Save ur money from bad companies and worse lead manager.
I would caution again do not apply any new SME IPO. The old ones are languishing how you expect new IPo to come and collect easy public money.this company fundamentals are very poor and bad track record of Lead manager too. Saving your capital is a must. Let the operator or lead manager apply in this issue themselves.
Yes U are correct. Investors must ignore Such same ipo
2. Rafiq| Link| Bookmark|
February 5, 2021 11:11:55 AM
IPO Mentor (500+ Posts, 400+ Likes)
This company is not a producer and importing and exporting food grain so not much growth. Also now a days all this kissan issue and export restriction etc.. so poor growth, so no from me for now. Expert pls suggest
Beeline leadmanager has all 5 issues below issue price now. It has been removed as market maker from many SME. The company is just a trading company . Please don''t apply else get ready to lose 90 pc of your money . SEBI /exchange should have never allowed such lead manager to come with IPO