It is dangerous to apply in Hem''s IPO. All listed IPOs of Hem are way below IPO price. A loss of minimum 20-50% in capital. Not worth in applying any IPO of Hem.
If you don''t believe me all of you can check history of just a month ago. Shanti overseas heavily subscribed & now way below issue Price. Surevin Bpo heavily subscribed & it''s below issue Price.
BIG AVOID BECAUSE OF LEAD MANAGER HEM DON''T EVEN LOOK AT IPO WHERE LEAD MANAGER IS HEM SECURITY LOOK AT SHANTI OVERSEAS ( INDIA) IPO MANAGED BY HEM SECURITY OFFERED @ 50 A MONTH BACK , NOW QUOTING RS.31/= ON 24.08.2017 & DOWNWARD JOURNEY CONTINUE SINCE LISTING I THINK WILL BE ON TOP IN TOP LOOSER
WHEREVER HEM SECURITY IS LEAD MANAGER PLEASE AVOID WE HAVE BURNT FINGER NON,T BURN YOUR FINGER IN SHANTI
THANKS HEM & SHANTI MANAGEMENT THEY SHOULD BE ASHAMED OF COMING TO MARKET FOR RAISING FUND
Anyway retailers should not apply on any cotspin issue after laxmi cotspin and globe textile listing. Moreover look at guts of this company and lead manager to come with same kind of issues. Let''s show our strength. And not apply. Maybe some internal company members like bask aran etc who thinks issue is good have all the shares of this one
Never believe on Dilip sir review. Several time proved totally wrong & Doubtful. He suggested to clear avoid in Creative,Panache,Gautam,Bafna, Jigar, & shrenik as fully priced. All this issue gives very good return to retail investor. Where as he suggested to apply in many issue which r down drastically From issue price.
Jigar, you are 100% CORRECT. Most of the ginning mills are running in loss for at least 5 years. I am from the area where this company operates. Most of the ginning mills in saurashtra, a part of gujarat, are bankrupt. Huge NPA for banks and other private finance institutions.This sector is running through nightmare period. BE WISE PLS. DONT INVEST IN THIS COMPANY. THEY HAVE COOKED THEIR BALANCE SHEET TO SHOW PROFIT. I KNOW MANY GINNING MILL OWNERS WHO ARE IN DEEP TROUBLE, IF THEY SELL EVERYTHING THEN ALSO THEY WONT BE ABLE TO PAY THEIR DEBT.
Hem sec. No. 1 cheater lead manager.latest ex. Shanti overseas First they sell their own stock in market in initial first two three days, Given to them by co.Never think about retail investor.
please go ahead and apply in quantities if you think its good and show us the screenshot. dont try to give wrong information. ist a large issue and not a good one