Patron Exim Limited IPO Message Board (Page 3)

Yes sir completely avoid candidate.

BOGUS IPO. Clear Avoid. Save your money.
Doesnt worth the risk!!!!!
If you really want to take the risk, better donate your money, atleast duayein to milegi!!

Patron Exim-

https://www.bseindia.com/markets/publicIssues/BSEDemandSchedule_FPO.aspx?Scripcode=6057&status=L

FIIs applied- 21,44,000

Most likely Nomura EMEA.

FEDSEC.in
We ourselves are merchant bankers and the news floats if a FII invests.
https://www.bseindia.com/markets/publicIssues/BSEDemandSchedule_FPO.aspx?Scripcode=6057&status=L

This link clearly shows that FIIs have invested, nomura was the name circulated in the merchant banking circle. You'll see their disclosures on the listing day.

Just like to bring some facts as per my knowledge.
1) Its an fixed price issue and no reservation for QIB/FII. Its only happens in Book Building process. So, QIB application in Fixed price is as good as NII (Non Retial) applications.
2) Once bid submitted, QIB/NII can not withdraw their Bids as per SEBI.
3) Earlier false bidding happens. But there is change in rules and a circular come from SEBI last year that bidding will be shown only once fund is blocked in exchange portal, so its not possible to show fake bidding in exchange portal.
4) QIB in general not come for bidding for fixed price issue as there are not fixed reservation for them. Even after applying in crores, they got 1-2 lots which is not as per there investments rule. This may be a case of exception.

I have applied, can i cancel now, how can i cancel my bid, in SBI not possible to cancel

If you have applied in HNI category, you can not cancel. If you have applied in retail, go to edit IPO, open it, you will see delete box. After checking the box, just submit, it will be cancelled. (SBI account procedure)

@Goverdhan Lal Garg

Fill another application in different category and both will get rejected.

@anari Investor Correct for HNI. For retail one can always call up the bank and get it canceled before 24 hours of the application submission time.

Patron Exim-

GMP- NIL
SUB2- 7000

*** NOT REVIEW, only info.

Rachna infra was also having a similar problem- slow subscription and it was undersubscribed till day 3. Then on Day 4, there was a splurge of big applications to subscribe the IPO. After listing the stock made new highs and all the one shot applicants exited in profit.

Considering the same LM, i guess we have good chances to see that again.

@experts ?

@SAM BAM source of info?

its big no from me for the IPO

Patron Exim GMP sub2 5k seller (very very low volume)

As the name indicates , investor can be patron exporter in this patron importer IPO ;)🤣

Clearly saw a lot of new members talking trash about the ipo without any base. Specificly "MJ Prakash & Raju Ango". Are you guys getting paid to post negative? Aisa hai toh bhai mujhe bhi sath laga lo agle IPO se.

Also the GMP here is not accurate, pls recheck with your broker.

@Rajabanks since you are posting too much explain what positive you are seeing in this IPO.
This are hard earned money of retailers so just stop favoring the company without any information. If you have too much information and trust in the company apply 300 lots get allotment and post a screenshot here , or else stop fooling others.

Sir aap lagaona , kidney fefda sab bech ke lagao
Aapko kisne roka he

Pr jo log retailers ko kachre ipo me lagane se rok rhe he usko kuch na kahihee

Tame lagao
Kidney fefda bachu bechi ne lagao

Sunna haii deal huaa haii 50-50 maii....
Yehi issue discount open hoooogaeo
GA...bacho retail apply mat Karina...Bachao apna paisa

Avoid.......

@ Arjun Rajkot and all other respected members kindly tell about UMA CONVERTER it is back to its ipo price now thanks holding 1 lot

Reel Value 27
Real Value 2.7

Ye to farji hai...clear avoid candidate...there are many good line up so keep money for those
DO NOT APPLY HERE.

1.5 cr cheque bounce from promoter, this itself indicates quality of promoter... Just check the fact and skip this IPO...

Cancel Application thoseee aapply

Bhagwan Jane kon lagaye is IPO me 100 application .... bhagwan bachae unka piasaii....itnnaa paisaaa hai toh Garib ko dae do... Dula toh milleggai
I think apply and cancel application last day.... Fake application to catch retail application.... Very poor ... Company
Gmp -7 discount
Listing very bad

Key Take away
IPO: Patron

Tax demand of 75 Lacs Strange
Profit for 2020 2 Lacs, Surprisingly What happened that a Trader made 1.25 Cr Profit. Purely overstated Profit to Get IPO.
Cheque Negotiable Instrument case against Promoter worth 1.45 Cr
Seem Fraud by Promoter and Thus Looting Investors Money also via IPO.
Negative Cash Flows and 6 Cr loan on Book Makes A poor Balance sheet
Looting Investors via 16 Cr IPO.
Market Capitalisation of 60 is Hilarious against the Kind of Business it to. Seems Like Fake Trading Model is Put in to encash IPO. God knows What Valuation LM are getting Seems Like Bad SME practise makes that Happen and Retail investors is cheated
Last Year Revenue was 5 Cr this years comes at 10 Cr. Don't Know Why so much Discrepancy in Turnover. Seems an Example of Fake bill of Trading Company .
Worst Lead banker Performance.
Promoter Quality is Very Poor. There reputation is very Bad they have cheated retail investors and Taken advantage of SME marker via underwriting method.
Beware You are cheated in past This time also , Work in Fix will be happening to Lure Investors just as was done in Indong.
Previous IPO from Promoter Waa Solar SVS and Evoq.
Again only 9 workers Working for them to Carter this Profits and Revenue
Seems like only Bill are changing hand without Physical change of Inventory
Small office area
Earum Pharma IPO came which is listed at BSE now trades at only 2 Rs

Your Capital Erode IPO# patron
Hope is opens Eye of my retail Fellowship 💗

Very good analysis 👍 thanks

ARJUN ...... YOU ARE KRISHNA , NOT ARJUN.
YOU R GUIDING US.

I have built a tool with all subscription vs listing data from last 2 years of each and every SME IPOs. I have tested it and really got very good results. It suggests me whether to apply or avoid just for listing gain.[NO FUNDAMENTAL ANALYSIS]. I will put in day-to-day suggestion provided by it. Be aware it may be wrong but I do take decision based on this.
Patron IPO suggestion:
21/2 - 8:52 PM - avoid