Hi all, I am from Bangalore and using spice with a corporate plan for the last several years.More than 20 connections for our sales team etc.We are not having any major problem with the Spice service.Some service issues are there with all the providers and there is no exception.Why I am saying this is don't get swayed by general and vague comments that Spice is not good and you not applying for an issue which might give you listing/otherwise gains.Consolidation will happen and spice will get taken over.When nobody knows for sure.You must have patience.In stock market if everything was so simple, you and I would be either Warren Buffet or at least Rakesh Jhunjunwala!!!Not trying to make a few thousands once in a while in IPOs. Apply and do well. One more thing.Since it is not going to be listed on the NSE, you will not get (over)subscription details from the NSE web site that most of us are familiar with.Go to BSE site only. All the best.Happy investing.
plz every one avoid this issue as this company financial things are not good so it will list on BSE only and for this reson NSE rejected doc of lisiting. The company will use the issue proceeds for part payment of long term debt, payment of NLD/ILD license fees, meet capital expenditure requirements and for general corporate purpose.so avoid...... also its will list at max 50 Rs
not even promoter but the company secretary of the company preeti malhotra is having dubious and very poor record and none of the modi group company has ever rewarded the investors in past.this co is takeover target but if that does not materialse then .......? just avoid completely rather buy idea. tata tele which has reputed promoters........ if somebody is enemy of his own money then only invest......
I think that the IPO does not worth to be applied. But o fhthe interesting features of this company is take over target of many companies like IDEA and RELCOM. My feelings is that it will give good return if we apply with view of one year, even double of invested money.
i have been in karnataka for a year...the services provided by spice there were disgusting. this company has poor fundamentals and has volatile customer base...so i will propose to avoid this issue through a users perspective
i am a native of amristar punjab,living in mysore for 8 years. spice telecom is equally bad in both the states.also issue price is tooooooo much(even idea was only Rs 75/-).poor fundamentls.as an investor your only hope is if its taken over by somebody
15 rs. premium of spice comm. no listing in nse so worry by investors loss making co. but premium is true so pls invest and exit very 1st day of listing
When ENAM is there in the issue as book runner one can expect a decent listing. This is my belief so far. they have so far stayed away from overvalued public issues(eg. DLF)