Shree Karni Fabcom Limited IPO Message Board (Page 5)

Bhai sabka gmp gira sirf iska nahi, aap kuch bhi kayde tv pe aake bolte ho iska natija hai 🤣🤣 (majak ki tarah le)

​@rohiitian As per my knowledge jm financial was not providing funding for SME..they were providing it for good main board IPOs.. we can see the impact of it in upcoming main board IPOs and yes it's very small part of overall applications..

​@rohiitian JM Financial's case was an example for other NBFC's to stay cautious and adhere to specific RBI and SEBI Norms (like the 1 cr capping on IPO financing), be it SME or Mainboard IPOs.

Similar to Tibrewala comments and ED Raids, SEBI and other authorities have listed out possible solutions to counter these practices.

But all in all, i think neither there has been a rule to stop IPO Financing nor there have been, for now, any guidelines related to SME IPOs. Until there is something concrete from the regulatory authorities, the current run should prevail. In fact, despite these guidelines, the subscription numbers at the current rate validate that there is enough liquidity, keeping aside the IPO funding and other sources of finances.

The markets are volatile anyways and won't be too tied to one negative aspect and should discount the same and move forward, all else remaining same.

​@rohiitian Sir you haven't added the amount for Pune broking and Pratham that is also blocked with them.

​@Tejas Pandya @MuStrFc Yes but surprisingly despite negative sentiment in SME secondary market in last few days (today was a bloodbath), the subscriptions are at all time high.

I guess until gray market is curtailed, the fun will continue. High GMP makes every issue look like free money. If 1-2 large SME issues with high GMP and high allotment chance list poorly, that may lead to correction in subscriptions (and correction in GMP). Most of the GMPs of the upcoming set of IPOs are untenable for the stocks to maintain few days after listing. Most recent listings are significantly down from listing price. Currently IPO appliers are having a field day, but buyers at listing are getting hammered, and if that persists, listing prices will correct, and with it GMP.

​@rohiitian , IPO financing option is not available for all the SME IPO's, it is provided for select few SME IPOs.
We should see the effect mainly in mainboard IPOs.

Few months back maybe around October, 4-5 SMEs with very high premiums listed flat , I remember Cellecor, Hi-Green Carbon listed flat around that time.
With more and more awareness about IPOs, I feel the subscription would continue to rise in near future to a point where this business may become unprofitable for applicants.

​@rohiitian @GrayIsTheNewBlack @Tejas Pandya @MuStrFc I hv noted from BOA that appx 14 to 20 application used to punched at maximum lot of shares to grab good quantity of lots and these are in 15 to 30 chores each in amount and such huge amount as per my opinion a businessman can utilized either from OD (transfer to SB) and there effective financing cost around 3% (9-7) or from OD against fdr as as per RBI norms they won't be financed exclusive for IPO. So this will continue and hRdly make any impact on subscription figures ....

As far as bad listing like mvk spectrum talent Italian etc etc won't make any sme ipo fobia down ......

MVK, Italian, Spectrum were all expected to list poorly - not a big shock to deter applicants.
But say high subscription & high GMP issues like Sona Machinery or Shri Karni lists in discount that is when some fear may arise.
Till then the oversubscription party will go on and on.

Don't worry
Your app is successful
It is common ,display like that
Later on your will be shows like that executed