What the fantastic subscription figures on very first day of this SME. Many main line IPOs are there but no effect on the subscription figures. A small size issue of 16 crs. and that too fresh. An ISO 2015 company. PAT figures not so impressive. Revenue not in line with PAT. EPS slso not so attractive. Technology providing company to aerospace and defense sector the main attraction of present time. For me reasonable pricing. Good GMP. Likely to give good return on listing. Small issue size, subscription on very high side and allotment again to all the luckiest investors. Apply according to availability of funds. All above my views and not an invitation to apply. Neither any commitment of high/low profits from my side. Profit according to the luck of allotees. If funds available, going to apply.
Is allotment process in SME is same as Mainboard IPOs? like lottery based. OR SME allotment process are different, If yes then can anyone please explain with example and possible scenario for oversubsribe?
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December 21, 2023 5:31:45 PM
IPO Guru (1300+ Posts, 500+ Likes)
MRavichandran Sir, you are one among other some gentleman on this UNIQUE...chittorgarh Family...Rare to Find Such gentleman ...Hats off to you Sirji.GOD BLESS U🙏🙏🙏Long Live Happily...🙏