i don''t think so it can go less than 2 times in retail may be but dates will not be change as they know it''s high value extending dates not worth
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December 1, 2021 3:27:35 PM
IPO Guru (1000+ Posts, 700+ Likes)
Why the employees are not fully subscribing to their quota. What are they waiting for. They have nearby 10% discount than the offer price. At least they should subscribe it many times to generate confidence in general public. It''s giving wrong signals to common folks like us.
It''s been a long time since mainline IPO subscription dates get extended. Not really remember which was the last mainline IPO for which dates were extended.
Employees are getting 80 rs discount per share that''s around 10% of Issue price. Still employees are not applying. But retail investors are applying. Retail investors are blindly applying for whatever IPO comes whithout going through the company fundamentals
Just watched Interview of Promoters on CNBC Hindi...my 5 year Old Grandson is more confident and competent when responding to his Teacher''s Questions while his On Line KG Class...
@Admin, I think The company financials which you have mentioned looks wrong I suppose. Eg Revenue of 4,946 vs - 3802 (loss) may not be right. It could be 380.2 I suppose. For each year the losses you have mentioned has to be rechecked.. I dont think the company has such a huge loss !! Kindly verify the following:
Total Revenue - 4,946.80 3,343.05 - 9,077.76 4,619.61 2,262.54 Profit After Tax - 3,802.69 1,992.87 - 8,255.81 2,680.02 1,282.26