@ValueSeeker I just remember 2 big size SMEs. Subscription figures of both these SMEs were so different. Listing also so different. Both these SMEs had one word common in name :
GREEN.
1. Ganesh Greeb Bharat. Issue size 125.23 crores.
Subscription : QIB 154x, NII 470x, Retail 176x.Offer Price ,: 190. Listed at 398.
2. K P Green. Issue size 189.50 crores.
Subscription : QIB 31.84x, NII 48.23x, Retail 20.12x.
Offer Price 144. Listed at 200.
Higher the figures of subscription, higher the listing. K P Green, good listing.
The figures of subscription have improved by this time in Sahasra.
Today's depressed market may be one of the readon. When confidence of investors is lost, it will take some time to improve. Many IPOs are coming with one common word GREEN in name.
Very disappointing closing today. 1272 pts negative.