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...
I think it''s good digital type of business.subscription not bad. 12 times in retail.only problem is high pe. One can track.touchwood is the example.this can also surprise everyone.
As expected not much interest in this overpriced ipo. Imagine a 32 PE for a SME IPO .In SME IPOs good promoters are considerate enough to leave something on table for small investors. We have burnt our fingers badly in IPOs of dubious Hyderabad based cos like Tanla.Prithvi Information,MIC, Lanco,SEW,Ramky all came at HIGH PE IPOs and gave big losses to poor retail investors.Loan amount taken to buy cars on companys expenxe is one of the worst decision only a chor mgmt will take.The should have bought the cars in their personal account as it would have for personal use only.leaves avery bad taste in mouth, We should be thankful for this wonderful investor Indravarma who took pains to expose this very poor piece of Corporate misgovernance.This is what makes Chittorgarj a wonderful forum.
Now jhandevala ipo money will be unblocked. all Innocent Retail investors will put their money into silly MONKEY.
Guys be aware. Put your money into a business which can give returns.
Movie/Media industry has a very less sucess ratio. If these guys invest money producing even one flop Movie, Profit for that year will be gone into air.