Total Transport Systems Ltd IPO Message Board (Page 9)

High Gmp is the reason ..... This will be oversubscribed 30x ++++ ...... Gmp 28000 nii rii will jump for this issue no doubt

And actually people will see the power of RII these days ...... Though we all know fundamentally it is not the best still high Gmp will guide many ( especially rii ) to apply from nowhere

I don''t have any idea why huge subscription happened on first day itself (almost 2.76x so far).
I didn''t notice any bids from QIBs (probably they will do it on last-day).
I won''t bet my penny here provided an attractive "Surevin BPO Services Ltd" will also begin on same week.
Maybe because of the fact that Surevin is very small issue and there will be huge demand, people didn''t consider themselves lucky (to get allocation) and applied on TTSL instead. :P
I will bet all my money on Surevin.

Note:
All the last 5 issues lead by Sarthi are trading above their issue price.

Another point is that, the same thing happened with Meera.
There were lot of speculations and GMP was also very high.
But, it listed and traded at discount for almost 2 weeks.
Later, it recovered and currently it is trading at 100% gain.

Similar is the case with Zota, GMP was very high.
It got listed (on second week of May) at almost the issue price and staying in the same zone even today.

So, for SME stocks I would never go with GMP - I have a feeling that it is manipulating the RIIs and trapping them.

True ... Thats The Reason I Sold My Application @ 27,000 Subject to allotment.

Dear Gala and Prabhakaran,
I have been vising SME IPO pages frequently and I see you guys providing very good information''s and helping us. Please accept my warm regards. So far I have not applied any SME IPOs, now we have many SME IPOs open, kindly let me know which we can go safely. I want to try some.

Loneranger returns are assured in total or suverin ..... It''s on you .... Frankly I will go for both issues ..... Total will be 30x oversubscribtion ++ and suverin being a very small issue will also get good demand ..
If you have funds for only one as prabhakaran ji said go for suverin ... Bt surely allotment will be tough

Even Shanti will be subscribed 10 tyms but it is risky same is the case with keerti a risky bet