Same thing happened in today listed Inflame SME. Hammered badly. Small issue of 6.4 crore also listed in negative mode and unable to touch the issue price even. Actually SME IPO also comparing with listed established companies and coming on average industry PE.
How a rat can compare with Elephant. Over flooded IPO market now facing liquidity issue also. Money of mostly retail participants got stucked in their holding like Sarveshvar and many more higher expected IPO.
Better to choose seriously or avoid the IPO in SME segment.
Market sentiments are negative mode, hence protect our hard earned money. Give lesson to the poor LM''s who are involved in loot.
i agree and still retailer are greedy to apply new sme ipo stop apply new sme ipo from now onwards and instead take a call after watching it for few days post listing
check performance of all last 15 sme most of them are down . so no use now to apply in new sme, instead start looking and buy old ones
Sine, it is strange thta beeline and swastika did not purchse share today being market maker they have to buy if there is no trade. i am making complaint with SEBI .
Agree with both of you. Investment in SME SECTOR is not advisable now.It may harm u seriously. I can clearly see liquidity moving away from SME sector. Better to stay away & watch the game.
Even FED meet is scheduled on 23.Faith of global market will depend on FED commentary & its effects on bond yeild.
From 26 th nse emerge will also follow same rules that bse implements right now. So beware of that also.
Don''t subscribe to promising SME even, kya pata woh aap ko listing ke baad discount(below issue price) mai mil jaye.
Correct said brother. Days of circuit to circuit are over now as seen in Testy Dairy onward.
Better to stay away from all SME or apply through grey market deal only as most of SME are managed by operators now and move accordingly. Those who have access to grey deals only participate and save your capital.
It''s debt is around 204 cr.which implies debt to equity ratio 2.64 which is at very higher side.LT food and Chamanlal have only 0.10 debt to equity ratio.So it''s 20 cr goes for interest payment.
If we take into account preference shares (5% coupon) as debt, and trades payable TOL/TNW (Total outside liability /total networth) will be 6.14 (205+22+117=344/56), means total outside liability is 6.14 times of networth. TOL/TNW is the more realistic and holistic measure to test the indebtedness of the company vis a vis its networth. However if we take into account the post issue scenario it will be 3.24 which is still more than tolerable limit of an equity investor.
Well said caution ipo, good fundamental despite of it so much loss as it is debt ridden company giving interest to bank RS. 20 crores and Sidhi investment who sold 3 lakh shares on listing at RS 82.60 at loss of RS 2.40 is fool, or not knowing debt of company. Please comment
Fattubad Pakistani, tera Mo.no dee mere Ko direct bat karni hee. Tera nam dekh kya likha hee.tere Ko kal 58.60 Mee Sarveshwar food ke share mele kya.likhna nahi ata to Kam se Kam accha likh.kisi ka moral Ku Tod ta he. Unknownable person.
Please dont panic bro sarveshwar is 500 cr.turnover yly company it is not a fake annual everage eps Rs.7 PE now 10 times only Peer ompany everage PE 20 times Hold it IPO price comming soon will trading over ipo proce near term
umang bro mne just kid kiya tha issue k liy iski value or apka opinion m janta hu ache se its a gud issue to bhai jisko faltu bolna ho mera contact no lelo sidha bat kro
Most of us are trapped right now as all the money has stuck in this ipo due to unexpected leasting. Please update all if at anypoint you realize that this is the time to sell or book lose. I hv 3 lots and presently able to hold all.
Hi umang , thanks for the updation ..yaah plz let us know the moment u feel that we shd exit nd book losses .. stock market is unpredictable.. we ll find another opportunity to mk for the losses .. I m waiting for the bulk deal to enter in nd buy ... btw today I sold one lot at 71 since I had given instruction to my broker during first half .. so now I hv 3 lots to handle .. but lead managers are just hopeless since m really surprised by bulk selling of Sunidhi investment.. ????????????????????????????????
Please stop panicking company is good.it may take some time and test patience, nowdays everyone wants to earn money in 1 day. it is a record that if u hold good quality sme for longer run it will reward u please hold it for atleast some time .
@umang Thanks umang. Most of sincare members of this forum follows you. Its like social service and thanksless also. When u wr not gtng any alotmnt no one said take mine lot ????
@umang....ignore such commenters ....when no one responds to them they die they die their own death....today its easy for someone to rub salt in the wounds of others ..but tomorrow its going to be them in the same situation that they laugh about at others...Law of Karma
I think k tum pagal ho gya Lagta hai. Tumhare pass Nahi he share to faltu me kyu bakvas karte ho??? No one is asking you any advice for share price. Then why you become oversmart...??
We have already smart persons running this forum.. i.e. umang.. sectheta.. prabhakaran sir.
We don''t need any advice from you fatehabad. So please shut you mouth.. bakvas karta rahta he.
I haven''t applied for this sme but don''t talk like this..there are so many guys here who are suffering from losses..don''t hurt them by speaking like this..it is a good company and all that has happened is just because of panic selling..people don''t have patience..wait for some months and u will be rewarded guys..don''t get demotivated...
Right umang ji.. the,???? @fatehabad yesterday Tumne ni batata ki no allotment.. aaj tum pagal ho Gaye lagte ho. May be short sell Karke fas Gaye.. You should not leave share bazar. Atleast leave chittorgarh form and shut it mouth.
Right umang ji.. ???? @fatehabad yesterday Tumne ni batata ki no allotment.. aaj tum pagal ho Gaye lagte ho. May be short sell Karke fas Gaye.. You should not leave share bazar. Atleast leave chittorgarh form and shut it mouth.
Umanag Sir, I sold my 4800 shares at average rate of Rs. 77.90. It is worth to buy at Rs. 75 now. Your view are invited to cover my loss of Rs. 41000/-
Hello Guys. I see a significant concern of negative listing in this counter so thought of coming and adding something...
Guys, if you''ve got Allotment then you should HOLD. And if you''ve got more money then you should buy more at lower levels.
This is a GEM! And the main reason behind this negative listing is overall pessimism... As soon as market starts becoming normal from this bearing trend, this stock will start running...
I didn''t apply in this IPO as I''ve been busy and didn''t get time to check this.
I see a few stupid peeps spreading unnecessary panic. Just avoid them because you should not bother about as**oles.
If you''re in panic mode then simple solution is to detach yourself from the computer screen and just enjoy your life. Money can''t grow in 1-2 sessions.
Umang bhi allotment leke baitha hai... Isliye bharosa rakho Paisa ghusega nahii, if you can give this counter sometime...
How can company announce Q3 results before March end. As per my info, SMEs announce results every 6 months. Sarveshwar listed in March with September results already in public domain. Next 6 month results will be from Oct-17 to Mar-18 and it will come only after Mar-18.