Thanks all for your replies. How we arrive at conclusion how many lots are better ? or is it simple mathematics (no. of lots applied/subscription in HNI) chances ?
S Singh sahab , it seems you got swayed by ad girls wearing fanciful and titilating attire in company website. Monte carlo , leader in winterwear and good overall presence , good brand value , available at 23 PE. Why should we even touch a company , with a listing PE of 34 ( at issue price ). In fact none of present tranch of SME’s is worth a thought , leave aside listing gain or investing.
8. SSingh| Link| Bookmark|
September 22, 2024 5:55:30 AM
IPO Guru (1400+ Posts, 800+ Likes)
LM is good but the company is only "okay" so if subscription figures and GMP are good, will apply for listing/short term gains. ROE/ROCE for SME should be attractive enough but here they are just average.