I am trying to check on this site: http://www.sharexindia.com/appstatus1.php?id=30, I hope it is the correct one. Also do I need to enter the full Application number or just last 8 digits?
Beware of SME IPOs of Hem Securities All of their IPOs which are not fancy will go below IPO price and those which are fancy will get subscribed more than 40 times will go for UC for one or two.
One shall boycott all the IPOs of Hem Securities. A new slogan for SME IPO is "Beware of Hem IPOs"
you are all correct, Surevin will be next Accord... It will go for UC for 1or2 days then Fall vertically.
In My Opinion (IMO) I burnt my fingers in accord... Accord handled by Hem and It is over-subscription 140 times & It is reached UC first two days only then There is no improvement. Now it is below issue price.
Hem sold 1,00,000 share at price of 86.40 & issue price 60 & Hem got 40% profit in just two days... Hem got lot of benefit and profit indirectly and directly.
Be careful before investing in SME IPO because you will not get details about company, business, growth & SHP & report not available in other sources or media. very limited info available around you...
Only Brokers, Agent & Lead Manager will get lot of benefit and profit... Nothing will get others. IMO...
IT & BPO Market sectors is downward direction and I do not understand, how is it over-subscription 55 times... No hope at all...
First u check in your SAS mobile app whether sme script showing or not if it showing then u can start trading with SAS other wise u open account with upstox they support both NSE BSE sme script
I have applied to Surevin BPO, but I didn''t get any bid confirmation SMS / mail. Can anyone plz tell me how to check bid status? Thank you in advance...
Hi I want to understand about SME IPO.. what i understood as of now is - SME IPOs are for small companies but usually around 120000 is price.. now my query is i have never seen these small ones on trading window so how do one receive their return and on what basis ?
i completely understand how normal IPO works but if someone can explain how SME works it would be very helpful..
SME IPO works same way as mainline IPO. Problem is with brokers that don''t support sme. Some support only bse sme , for example sbi securities. So open account with upstox or any other brokers which support both sme that is nse & bse. Apply IPO & enjoy trading. But amount required is more as u mentioned as lot size are more so risk involved is also more.
Surevin huge subscription, It is very difficult to get it. Only Brokers and Agent & Lead Manager will get lot of benefit and profit also... Nothing will get others. IMO...
IT & BPO Market sectors is downward direction and I do not understand, how is it over-subscription 53.5 times... No hope at all...
Total Issue Size 912000 Total Bids Received 48801000 Total Bids Received at Cut-off Price 3735000 No. of times issue is subscribed 53.51 --------------------------------------------------------------------------------------------
1 Qualified Institutional Buyers(QIBs) 3,45,000
2 Non Institutional Investors 3,42,54,000
3 Retail Individual Investors(RIIs) 1,42,02,000
Total 4,88,01,000 ----------------------------------------------------------------------------------------
As on 01-Aug-2017 15:45:00 IST Cumulative Demand (no. of shares in lakhs) Bid Price (Rs.) Note: Cumulative (NSE) bid quantity at each price point includes the quantity (NSE) bidded at that relevant price point and all valid bids above that price point.
Total Issue Size 912000 Total Bids Received 41235000 Total Bids Received at Cut-off Price 3123000 No. of times issue is subscribed 45.21 Graph Logic