Precision Metaliks Limited IPO Message Board (Page 8)

I guess all wants to apply in this one ,so subscription is going to be good and i expect there would be some listing gain.
Applying 2 retail applications only due to short of funds
Let's hope for the best.

Applied 2 applications through upi will decide about mandate tomorrow. Take risk according to your risk appetite.

Accepted both mandates

Applied for 4 lots, 2 in retail, 2 in hni .
The company is growing well and profits are also increasing.
Good fundamentals & the company's push towards manufacturing is nice
will hold for a week or 2. i think it can easily reach UC's till 80

Applied only from 1 retail account, that too from Edelweiss portal.
Not sure, what was wrong with Zerodha Console today, always throwing VPA related errors.

Was outside, getting my laptop and mobile repaired, at around 04.55 PM, tried applying for other retail accounts also from Edelweiss portal, failed.

Let's see and best of luck to all who applied.
Will be accepting that 1 single mandate now.

By the way,
I missed today's market action, can anybody tell me, why there was a blood bath everywhere?

Looks like, I did not miss much here.
Today it touched IPO price of 51 Rs, if somebody missed applying (or accepting mandate later), can purchase from secondary market now.

Made 2 upi based applications via Edelweiss.. Let's see.

Sorry,, yeah, credit goes to the person with user name as "GJ".
He has helped us all, good day to him.

Thanks guys.
Happy to help if I could 😃.

Friends - what's you view on the subscription. Keeping budget aside, do you think this kind of subscription is encouraging and will give a positive listing?

I feel the subscription is below par for a positive listing.

thanks

PS: I applied 8 lots

Retail wise subscription is good. Keeping budget impact apart, it may list at less premium or par. But it can go upto 1.73X (at max giving a high valuation) likely max price 1.26X.

X above refers to issue price.

HNI subscription was below expectation. I applied for 12 lots. If equalization happens, then I will get 1 lot. If no equalization, then it will be 4 lots. Expecting a decent 10-15 per cent premium listing.

The chance of listing is between 55 to 56 , if market favorable than it will be 59 to 62 . Lets see, good response even in fallen market

This is still open at edelweiss link,

https://www.edelweiss.in/new-issues

I applied Dhani NCD as well through Edelweiss

This IPO is in the dangerous zone.Think 3 times before applying.

thanks Mdinesh

so it has to be more than 2 to get 2 lot or more than 1.5 like 1.6, 1.7 , so they will round it off to 2.
please shed light on this.

@Bhav It's lottery based and depends on number of applicants applied for the specified lots. There is no rounding off concept.

I will just target for 1x LOT

All expert pls suggest your opinion seeking right now market conditions

Hi,

What we're are supposed to do. Apply or skip it? Experts pls advice. NII is not moving up.

Please guide apply or not and if I want to apply I have 5 lakhs fund and five different account so apply through that or apply in NII and how many lots I apply in NI8 so I got one lot..
Thanks in Advance

You may apply all in NII single account. NII is likely to cross 10x so there are some chances in that category.

Subs are not increasing as expected. Will it be less than DJ?

It has issued bonus shares in the ratio of 39 for 1 in September 2021.

This has caused EPS to go down irrespective of increasing profits

The average cost of acquisition of shares by the promoters is Rs. 0.25 and Rs. 3.35 per share.

Basic EPS is 0.92 in the six months ended September 30, 2021
correct me if i am wrong

Market has started bleeding

@lokes,@BuLLzEyE,Yeah,the way broader market is bleeding,I don't know are we too late to apply this first sme for listing gain?

@sbipo: yes markets are going down heavily so better to apply only if HNI is having good subscription above 10X to avoid risk......
i will apply here taking some risk. No. of lots will decide after 2.45pm
Everyone should consider own risk considering all factors, before applying.

Hi, i am new to SME IPO. Can any one help me with GMP for this IPO.

Thanks spock.
Just for knowledge no GMP in this IPO or all SME IPO does not have GMP.

its not a case always,
for good SMEs GMP always there, like Nupur, VIVO, prevest GMP was there.

Morning Fellow Investors, Anyone having Bank A/c with SBI and BOB ?

IF I apply in this IPO through these two banks will they release the funds before 2pm on 31st Jan? As I will needed funds for Adani Wilmar IPO

Plz guid if someone knows about this

Thanks

Is there any OFS in this issue?