LM "First Overseas Capital Limited " has not soo great track record. Investors already burning their fingers with GraphissAds issue handled by this Leadmanager.
9. rohiitian| Link| Bookmark|
December 15, 2023 2:17:42 PM
IPO Guru (1200+ Posts, 800+ Likes)
Experts, any view on this? No GMP but raw numbers look decent (20 PE on FY24, growing 100% YOY, and 21-22 would have been poor because office travel was heavily impacted by Covid). Can this be a dark horse?
I have some spare funds after INOX, and can either put it into a lottery in Siyaram with low chance of allotment, or into this with assured allotment. Not keen on Benchmark looking at the numbers there. Hence keen for experts views.
9.4. lokes| Link| Bookmark|
December 18, 2023 1:53:51 PM
IPO Guru (4400+ Posts, 5100+ Likes)
i am not applying here....LM is not having good history here....financials are also average here and many IT companies opting wfh or hybrid working culture so that will also impact, not sure how many clients are from IT MNC's... so applying in other sme and mainboard ipos only, not taking risk here.
9.5. rohiitian| Link| Bookmark|
December 18, 2023 2:48:36 PM
IPO Guru (1200+ Posts, 800+ Likes)