See Bodanda engineering sme IPO,it's came with ipo price 75/ and now after 6 month it is trading at 1000. So you can't calculate the things what happened in previous years. Teerth have Order book of 900 cr and this data cannot be manipulated and if we consider 5% profit in next two yr , yrly profit comes out nearly 23 cr. Hence it's market cap of around 170 may be justified.
Gmp now at 22 to 24 in Ahmedabad and Rajkot.⏫⏫ I wasn't planning to take an exposure on this one but last hour increase in noise level with my broker encouraged me to take position for one confirm lot. Not able to decode effectively but seeing the run up in the last hour can sense something is cooking for sure. All the best to all applicants.
Last day subscription figure quit impressive & GMP is also increasing @21 which is good. My opinion is it will be listing nearby @ 140 to 145. Stock is good but little bit disappointed for LM track record rather than good listening is possible here.
Thanks.
71. MAMU| Link| Bookmark|
April 10, 2024 5:32:05 PM
IPO Guru (1700+ Posts, 1100+ Likes)
grace of God first time Got 3 allotment like 01out of 3 application of 09/09/09 & 02 alloted out of 4 application 06/06/06/06 due no main ipo board applied with FF. now need to see hold or sell candidate