From every pros and cons, this SME was not giving any sign of comfort. The the retail investors are so eager to get allotment and have to pay a great price. In my earlier post I told that nothing is good except issue size. An AVOID call was for me. Retailers applied about 3x and NII only 0.70. Necessary to save money, even if made lot of profits. Horrible listing today. Other two listings not good at all as expected. Yesterday's SALT was like a SUGAR. In such a great rush of SMEs bit patience was required. Non of our Forum members have any comments on some of these useless issues. Neither applied nor got allotment. There was no report of pre open being. They all were correct. Was a good sign for this Forum members. I have not gone through all the posts. So, exceptions can be there. Small investors keep patience in coming SMEs also. Keep cool. Take chance with good reasons. Funds saved is Funds earned.
**DREAMS + WORK = SUCCESS**.
23. G profit| Link| Bookmark|
October 12, 2023 11:55:36 AM
IPO Mentor (1200+ Posts, 300+ Likes)
It seems, if investors want to lose money easily, then they can invest in ipos handled by this LM(Interactive). Very pathetic listing
22. AMIT IND| Link| Bookmark|
October 12, 2023 10:48:32 AM
Top Contributor (600+ Posts, 100+ Likes)
Listed @ 40.80. volume 8000 shares, 20 % discount
21. AMIT IND| Link| Bookmark|
October 12, 2023 10:32:37 AM
Top Contributor (600+ Posts, 100+ Likes)
Huge discount listing on way. No public participation. May surprise later
Phir aagaya LM Interactive retailers ko lootne. Record holder for destroying wealth in SMEs!!! Just look at the wealth destruction of all its past IPOs!!! This LM has a history of bad listings and by chance if you did not exit on listing day then money gone down the drain..
Completely avoiding this one. As per my understanding the risk is far far more than the gains (if at all). Reserve the funds for numerous good SME IPOs closing tmrw.
Nothing attractive in this issue except a small size issue. Easy to manipulate as very small number of investors will get allotment. Subscription figures very bad. Still one more day remaining. I don't think it is going to be a great. Post issue equity holding very low as bad as 30% or so. Even GMP not showing any thing. Financial not at all comfortable. Inspite of all these factors, pricing on very higher-end. Retailers still in good mood to subscribe. Any thing can play on listing. I am AVOIDING. Take your own decision. Maximum members are avoiding this.
13. Cyclodium| Link| Bookmark|
October 3, 2023 11:34:42 PM
Top Contributor (600+ Posts, 100+ Likes)
Talking a risk as everyone are saying to avoid last time I did this was sahana Pls don't follow me I have already earned a lot of profit so just taking a risk and applying 4retail
13.1. Cyclodium| Link| Bookmark|
October 12, 2023 5:45:00 PM
Top Contributor (600+ Posts, 100+ Likes)