Thank you all experts. Also tell me are you applying or not because of market turmoil, trade war effect. I am applying first time for sme so need experts advice.
Fundamentals are on one side and subscription figures on the another. Even though the fundamentals are good but with no strong sub fig noone would like to enter. So better wait for last day till 2 and you will get answers here. I am waiting for the same. First look is i want to apply but i will also decide on last day at 2 pm.
You can apply. My expectation is retail subscription will cross two times. Hni is market maker so hni subscription is will have to look closely. If it croses 3 or 4 times you can go for it. But one thing you remember last four issues LM Pantamoth managing the issues the Hni and Retail not much participation even though it listed well like Deccan, Ritco, Altredz. We are doing business in the Stock Market you can ready for anything then only you can enter for SME stocks.
Employees quota Fully subscribed. Seems that employees of the company have full faith in the company. Although it is just 15 application but is good considering the overall size of the IPO.