CRP Risk management is oversubscribed at 60 Rs... Definitely Ritwick will move upward on listing of CRP... It is job driven service sector company... So buy it... Below 40
The current price of Rithwik Facility management system is very less compared to CRP risk management limit... So hold for its listing... After budget Rithwik can give upto 40℅ return in month... Hold or buy..
As per government focusing on job this company benefited highly... Secondly it provide services. And service sector has good future ahead.. so grab at lower cost
SME IPOs. Do not go by no of times of subscription. As the Issue size is very small many mediocre issues easily gets subscribed more than 100 times. If you are not convinced about pricing and fundamentals just avoid.
You are spot on RAMASAMY. Lot of speculative activities in SME IPO by promoters & operators. If one is not convinced with valuation & fundamentals, then such SME''S must be avoided. And don''t regret even if it lists at good premium.
Companies like ANI Integrated services and AARVI has similar interest like Rithwik... Company can boost up after good listing of CRP risk management .. So hold tightly for 2-3 weeks for better result
@ipogainer, I don''t think CRP will list in premium, given poor subscription figures. This is my guess but anything is possible in SME listing. Fingers crossed.
Lead manager INVENTURE can''t do any thing not single profit in MRC AND RITHWIK in future if any new ipo lead manager is INVENTURE I will not apply single application