@Dinesh Singh how many lots are you applying here?
53. SamJos| Link| Bookmark|
September 19, 2022 8:30:10 PM
Top Contributor (500+ Posts, 100+ Likes)
I had read many times that "will apply last day 2.30pm looking at subscription figures".
Well, I had just gone through SME IPO data of year 2022 already on chittorgarh.com, & I found that, among Top 9 highest return giving IPO (that gave return more than 300%), 5/9 SME IPOs had total subscription in single digit, 3/9 had in two digits & only one had OS in three digits.
@SamJos , Good Analysis. I think It is difficult to figure out the one which operator is going to pick. IPO will fly once operator accumulate lion share and by that time we will miss the opportunity . On top of that the uncertainty of how far they will lift up , sometime will stuck, if we chase operator.
I think one thing which is very important is avoiding capital erosion. Some of the less subscribed one are in deep discount.
53.3. Imhilli| Link| Bookmark|
September 20, 2022 12:01:06 AM
IPO Guru (1200+ Posts, 700+ Likes)
@SamJos Indeed a good observation. But middle class people like us will go by Conservative manner... Will try to avoid capital loss, even if gain is not high.
@Samjos, good observation. However, SME IPOs is pure luck. I agree with @Ravu's views. SMEs do not work on fundamentals. It is purely operators play. When the subscription is heavy, usually it lists in the positive and majority of the investors here look for listing gains.
Nice info @SamJos. I believe this data is as per the current market price of the stocks. It would be interesting to see the data against listing price as subscription matters till listing only after that it depends heavily on operator play. So could you please share the similar data with respect to stock listing price? Thanks in advace.
After April, there are 43 SME IPO's. Out of which 8 Listed in Negative and 35 listed with positive(including at par listing). In this 8 only KCK industries is an NSE SME all other 7 are BSE SME IPO's. @experts Anything to note here?
50.1. antarix| Link| Bookmark|
September 20, 2022 2:27:53 PM
IPO Guru (1200+ Posts, 800+ Likes)
Good observation and yes, your point has been noted. This gives me one reason to apply. 😀
@ Trueinfo. . @. Avenue. @ MrRavichandran @. Lokes. Good morning to all. I have funds for 1 application. Out of VARANIUM MAKS & KANDARP. which One should I go for. Thanks
43.1. Trueinfo| Link| Bookmark|
September 20, 2022 11:05:31 AM
IPO Guru (1900+ Posts, 1700+ Likes)
@ Kanwarjit dear, my recommendation is Varanium.
43.2. Trueinfo| Link| Bookmark|
September 20, 2022 11:16:21 AM
IPO Guru (1900+ Posts, 1700+ Likes)
But, no surety of gain. Issue size is slightly bigger and it all depends on how much selling comes on the listing day. So, please assess your risk. All three appear to be risky to some extent. But, this one appears comparatively better among the three. Hence the recommendation above.
43.3. Anil Mwt| Link| Bookmark|
September 20, 2022 11:20:11 AM
Top Contributor (400+ Posts, 100+ Likes)
Will apply to get 1-2 lot,
43.4. Amit Jaipur| Link| Bookmark|
September 20, 2022 11:34:59 AM
IPO Guru (1400+ Posts, 1400+ Likes)
Yes out of all 3 smes closing today this one is comparatively considerable among all.
Hello Experts, I have a query regarding SME IPO on the Paytm Money platform, my brother has demat account in Paytm Money(which doesn't show SME IPO like Zerodha) but if we apply through ASBA and get allotment, is it allowed to sell the same on/after listing day or does it restrict? I checked many forums but couldn't find the answer. If anyone has tried selling/buying SME scripts in Paytm money before, please confirm.
Thanks in advance!
42.1. Arca| Link| Bookmark|
September 20, 2022 11:55:33 AM
(1000+ Posts, 500+ Likes)
I am not sure about listing date selling of sme stocks because there are issues with many brokers selling sme or even main board on listing date. Just try buying any other listed sme in that app if it works you can buy or sell any sme.