Vrundavan Plantation Limited IPO Message Board (Page 3)

Excellent sir,
Chahe jo bhi GMP ho
I will not apply here.

IPO at ₹108/- per share. Already GMP of +₹40/- (37.04% of IPO price) as per CG. PE of 34.62. Still this IPO will be subscribed fully. Only SME market is booming to get allotment. Logo ke pass kitna paisa hai, yahin pata chalta hai 😎 baki sab jagah to Dhanda Manda hai, kamai hi nahi hai.

Even Vivaa IPO was at @51/- at P/E of 47.66, NIL GMP as per CG subscribed 3.64 times and Crop Life Science IPO was at @52/- at P/E of 14.29, ₹(-4/-) GMP as per CG on last day of closure subscribed 7.15 times, both never seen the IPO price again after listing.

​@SME INVESTOR 
You are absolutely correct. Even subscription of these were not good at all except Sahana 13x and Tridhya 67x. Listing again bad except Sahana 163 against 135. Now only 254.
The most surprising was Rachna Infra, listed at 138 against 135. Alltime high beyond expectations 1250. Retail was subscribed only 0.60x after extention of dates. Now near 100 only.
After listing and some days after in the words of @Trueinfo *WHAT A HIDDEN GEM. PROVED EVERYONE WRONG*. Because after his comments the share touched all time high as well. Market and SMEs are difficult to predict. Not negative against any one. Every thing is possible.
All my views. LM not good for listing at all. Even medium and long term also not good.
Exceptions are/will always be there. Difficult to predict this SME in view of above figures and facts.

Not too surprise by the SME charm. Issue oversubscribed by 4.36 times.

As per BSE data, total bid for 61,72,800 shares received out of which 98% bids received from Individual Investors i.e. 60,39,600 from Individuals (Retail Individual + Non-Retail Individual). Big Corporate may come in last hours. Wish you all a happy listing.

Individual Investors ki Jai Ho. Issue oversubscribed by 17.65 times till now.

As per BSE data, total bid for 249,87,600 shares received out of which 17.11 times i.e. 97% bids received from Individual Investors i.e. 242,32,800 from Individuals (Retail Individual + Non-Retail Individual).

Clear avoid from Big Corporate.

Wish you all a happy listing.