You just appeared in chittorgarh.com to promote the company? If you know the company, then I have 20 accounts, you may apply from my accounts, I will share all profit with you keeping only 15% capital gain tax. You can contact with me for this fantastic deal :)
I think for such SME's, talking about valuation on day one, is not justified. It is very important to see there business Model and promoters. Even Reliance doesn't had good valuation at the time of there first public issue.
22.1. SONMAYA| Link| Bookmark|
June 11, 2018 11:02:42 PM
IPO Guru (1300+ Posts, 500+ Likes)
Company spending 30 lakh on marketing and total issues expenses are 80 lakh.
Just amazing issue size 5 cr issue expenses 80 lakh
16. COMMONMAN| Link| Bookmark|
June 11, 2018 1:59:58 PM
Top Contributor (300+ Posts, 200+ Likes)
This Will Not Get Subscribe Fully. This Time Pantomath Se " MATH " Nikal Jayega. And " Y " Lag Jayega. As They Have Taken RII For Granted. All Last 3 Month Most Of His Sme are below issure prise .
High valuations. I will avoid. Will rather buy quality scripts which are available in discounted price and has shown good growth and results after listing...
Yes, clear avoid. it is too expensive when many sme are available at discountd rates in scondary market. look at cmm infra available in single digit P.E and many more
Morever, it is very risky business. they want to expand in China. Chines people are not trustworthy and they like to keep busines in local area only.
it is a clear avoid. also, would suggest everyone to not apply in primary market sme. let LM learn a lesson
out of the three which sme should Apply 1. Accuracy Shipping Limited 2. Priti International Limited 3. Shree Oswal Seeds & Chemicals Limited All are come From Pantomath