Shri Ram Switchgears Limited IPO Message Board (Page 3)

Where do u see ×times

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Can anyone please tell me which broker from Pune city provide platform for selling of IPO application in Grey market....
Thank you...

Subscribed 69 times 👍👍👌👌

Does SAS online allow trade in SME stocks?
I have demat & trading account with SAS, so want to confirm before applying to any SME IPO''s.

Yes, I know I need to apply through ASBA by giving SAS demat details.
I am only concerned whether SAS will allow me to sell the SME shares if luckily I get allotment?

Yea you can sell

could anyone please help me to understand, can we submit NSE SME ipo from HDFC net banking ?
When I clicked on IPO, it showed "No current IPO available".

NSE SME ipos are not available for HDFC or am I missing any step ??

It could be because, HDFC doesn''t support trading on certain SME shares.
I use Zerodha+Axis combo and it works perfectly fine.
Friend of mine uses Zerodha+IOB and it works for 70-80% of IPOs.
Few IPOs are not appearing in IOB ASBA page.

thank u guys for the clerification.. So far I am transferring from my HDFC to by BOB account..

Shri ram switchgear ltd.

Subscription at 3.10 pm

Qib+Hni - 46.93x

Retail - 66.15x

All over - 53.62x

Please don''t merge QIB and HNI bids together.
It''s mis-leading. People might think that the QIB subscription is more - which is false positive.

Please suggest whether to subscribe this IPO or Not because, all the IPOs are now trading at 20% discount and those who have applied and allotted have become disappointed.

So far, the subscription is 53.62x.
So, even if you apply one lot, the possibility of getting allotment is negligible.
Looks to be a fair issue to apply (downside is very limited).

At least 1 upper circuit toh banta hai

Shri ram switchgear ltd.

Subscription at 3.00 pm

Qib+Hni - 18.81x

Retail - 63.54x

All over - 39.04x

I m interested to sell contact Double nine three five 0 double nine one 38

Hi, I want to sell my application, whats the rate??

Retail. 57x

Retail 53x

Pros:
Stock is available at discount PE of 9.8 vs industry PE of 28.
Lead by Sarthi and past record for Sarthi is good.
Book is getting stronger every year.
Cons:
As the company grows, its debt and liability is also growing in same proportion.
Stagnated debt/equity ratio of 2.9 at present.
Cash-flow is negative every alternate year.
ROE is at PAR (9.59%) which is equivalent to the return from senior-citizen FD.
Slightly positive:
The PE of 9.8 is calculated using (11 month figures of) current fiscal. If we calculate the same using previous fiscal numbers, then it will become ~16
Looking at past 4 years (excluding current fiscal - whose final numbers are not out yet), there isn''t much left on the table.
Being a small issue (5 Crore), there would be lot of demand for this IPO and also there is big hope that the final numbers of current fiscal will be outstanding, thereby raising this script higher.
I''m neutral on this IPO with slightly positive stance.

Hi NPT, this D/E of 2.9 is based on last fiscal (till march 2016) numbers.
I don''t have exact figures for this (partial) fiscal.

This has made me worried, Prabhakaran. My view is this would turn to be a great return, expecting at least 50% upside. What would you say?

32 year old experiance company in switchgear sector.future growth expandable company.
Apply for short as well as Long term.

Shri ram switchgear ltd.

Subscription at 2.00 pm

Qib+Hni - 11.80x

Retail - 52.99x

All over - 30.72x

Gala ji kostak rates started around 14k in SRSl; what''s your pole on that

Yes gala. The issue will easily reach 60x subscription.

still I have 6000.
Is there any chance of increasing stock price ??
Please suggest.

Help I am new to SME IPO generally how long it will take time to allot shares and listing date please ?

It''s same as mainline IPO.
Usually after closure of IPO bidding, 4th (working) day you will get the allotment details and on 6th (working) day shares will be listed.
Note: Sometimes, 1-2 days advancement/delay will be there in this process (emerge platform mandates the listing to happen within 9 working days. So further delay is not entertained). So, you have to look at RHP to get the exact dates (for that SME IPO).

Subscription at 12.30 pm

Hni - 7.03x

Retail - 26.30x

All over - 16.61x

Shri Ram Switchgears Limited IPO


Subscription at 12.30 pm

Hni - 7.03x

Retail - 26.30x

All over - 13.43x