It seems you are having some insider information. But it is difficult now. I know everything was arranged for U. C. If promoter''s near & dear doesn''t sell in panic (because market gap down opening of 100 points on nifty is confirmed on Monday) , then 1 UC is possible. Am I right Mr. Hitesh???
1st UC must be there because of 10-12k grey market Sub2 premium... It may have 2nd UC as well because of SillyMonks, Ajooni, Moksh etc bullish trend.. let''s see what happens..
@secTheta, I don''t think it will hit 2UC. I am doubtful about even 1 UC. Subject to rates in RITHWIK was 19 K and we know what happened on listing. There was good subscription in S. K. S by HNI & it was beaten down 30 rs below issue price.
Don''t understand the business strategy. Earning few lakhs on topline of more than 150 Crores. Inviting investors to contribute for working capital ..... @ P/E 75 ?
Now a Days, most of the SME players, focusing on IPO, just because Banks are not giving further loans or working capitals. All of them have a Dreams of Moving to Main Board in next 2 to 3 years. Just Valuation Game. Investors are pouring money like anything.. 200 to 300 time oversubscriptions. People just forget that, this segment is Purely for HNIs, not for small Investors.
It strikes on Friday probably rate is 172.8 Who have Allotment Silly Monks SME IPO do not sell it s daily limit 20 % Plus everyday 20 % reach upto 190 to 200 after decide to sell After 2-3 Upper circuit decided to sell Silly Monks SME IPO If you want to gain profit wait upto Tuesday after decide to sell reach upto. 190 to 200 Double your money wait...