Looks like VBL is proving all the naysayers & pessimists wrong who projected DOOM for this script. And it looking like the script is in stronger hands providing support at lower levels.
The trend should be decided by future profits now that the management is claiming more stability.
Hope it reaches higher levels & shows trends like Manpasand.
GreenSignal Bio Pharma Ltd IPO Did some Research on Unicef web found Unicef is paying .075 cents 2017 and 9 cents in per dose and will take 8.4 million vials( 20 does per vial) from Greensignal which will give it top line just from Unicef 47 Crs at 25%NP margin will give it a 12 Cr NP just from Unicef deal WHICH IS AROUND 50% OF TOTAL SALES
SO IMO IT IS SCREAMING BUY NO MORE ANALYSIS JUST APPLY AND PRAY U GET
Source: LinkExternal Link http://www.moneycontrol.com/news/ipo-news/greensignal-bio-pharma-fixes-price-bandrs-76-80-for-ipo_7891941.html
ManIpo sorry could not reply to ur earlier query in regards to agro phos yes I did apply issue got strong subscription given rural theme. I hope u to applied as I find u better judge of SME IPO then me
No problem septa Ji. We are doing volunteer service and it''s OK when we forget to reply due to any reason. Big thanks to you for sharing your detailed and unbiased views.
In agro phos I had detailed discussion with LM and promoters. I applied big amount. Let''s see how much profit we make in agro phos.
It depends on your investment horizon, if you have long term view...go and buy the stock, can''t really say anything sure for short term since there are mixed responses so far.
Nifty is going down so is the vbl....but I must say this stock really has investors eye otherwise it''s rare for an IPO to cross the issue price even when its listed on discount.
Seems like vbl will break out the levels of 540-550 in 2-3 days if market keep on moving forward supported by Democratic win in us presidential election.
Good septa, i always admire your analysis. even while this ipo decision looks bad initially, i had the courage to hold it, because of you. Because investing is not always rosy picture, sometimes it may get uglier. what we do at testing times is matters.
568.2. Septa| Link| Bookmark|
November 8, 2016 11:46:45 AM
(4000+ Posts, 4600+ Likes)
I am very happy 😊 for u and all Retail Investors
568.3. PavanM| Link| Bookmark|
November 8, 2016 11:56:18 AM
IPO Mentor (600+ Posts, 400+ Likes)
Hats off Septa Ji...I didnt apply in IPO as I dont have guts and money like you, but bought today at 421. Take a Bow for your strong belief and opinion in Varun
Septa sir.... Hats off to your efforts and belief for varun....... I applied in varun from 4 accounts out of 6 accounts on your belief even when gmp were zero in market during the IPO subsciption days....... I was also feeling that it will list at discount but was ready to be neutral if it lists at discount by heavy heart.... I exit from 3 accounts at 460 relying on one of the financial principle "jaate hue paise ka na jaana bhi paise ka aana hi hai"