in every ipo ur apply or avoid review only based on LM
is this the only thing matters to decide any ipo or company good or not?
38.4. SSingh| Link| Bookmark|
March 17, 2023 7:39:33 AM
IPO Guru (1400+ Posts, 800+ Likes)
@Hopeislife, Please check the trends and performance of LMs and you will understand the reasons. SMEs are very risky and to save capital it’s required to avoid LMs or companies with bad track record, even if 10%-20% companies do exceptionally well (operator driven).
Applied 10 lots in Quality Foils, pretty sure will not be allotted. Applied 2 Lots here, good chances of allotment. Skipped Bright and will be skipping Command Polymers.
33. lokes| Link| Bookmark|
March 15, 2023 5:59:13 PM
IPO Guru (4400+ Posts, 5100+ Likes)
with this ipo, getting reminded of KN Agri :) anyone still holding that? that was highest subscribed amount sme ipo that time and from last 6 month, continuously going down even after having very cheap valuations....
got quite a lot of traction in NII category, will wait till tomorrow's GMP update and then decide
30. SJogi| Link| Bookmark|
March 15, 2023 1:03:42 PM
IPO Guru (1100+ Posts, 900+ Likes)
I just checked their website and it mentioned that they have fb and twitter account. Logo is clearly visible on thier site. But when i checked their name on facebook and twitter i didn't find anything, only ipo advertisements were there. Website also looks very new and full of errors. Is it a farzi company?? Expert pls suggest something. I was planning to invest for long term but now i have changed my mind.
SJogi sir Isse kaafi achhi company he secondary market me Long term ke liye lena he to vo hi lo Kachra kyu Lena he aapko
30.3. SJogi| Link| Bookmark|
March 17, 2023 11:28:35 AM
IPO Guru (1100+ Posts, 900+ Likes)
i asked this because when i was studying this company , i saw many errors in their website, also they dont have any facebook and twitter page but still they have displayed that in their website page. i saw many advertisement of this company. firstly i was interested because of the sector but after detailed study i will just wait n watch here till next result.
29. hbk| Link| Bookmark|
March 15, 2023 1:03:20 PM
Top Contributor (300+ Posts, 100+ Likes)
Financials downloaded from website for FY 21-22. It is not signed by the Chartered Accountant, who carried out the audit. There are many blank pages in the report, which are signed by the director at the bottom of the page. There are issues in Board's Report and Accounting Policies Notes. Company has attached Financials which are not rounded off and also rounded off. Rounding off of Figures in Financials is mandatory. No Cash flow Statement is attached, which will be mandatory in this case. Income Tax Audit Report is also attached, which is not at all necessary. (It is general practice of PCA to scan all reports and save in client's folder) Company has just asked for that report and uploaded on the website.
29.2. SJogi| Link| Bookmark|
March 15, 2023 9:45:55 PM
IPO Guru (1100+ Posts, 900+ Likes)
Company achi bhi lgri hai pr kabhi kabhi farzi bhi lgri.
28. SJogi| Link| Bookmark|
March 15, 2023 12:14:14 PM
IPO Guru (1100+ Posts, 900+ Likes)
i just checked their website, facebook and twitter logo was there. but when i tried to find them on fb and twitter, i got nothing. only ipo advertisement is there. is it a farzi company??? experts please help. was thinking of long term investment here but now my mood has changed.
27. Romy HNI| Link| Bookmark|
March 15, 2023 11:16:07 AM
IPO Mentor (500+ Posts, 400+ Likes)