Already 80% subscription is there an day 1. It will be fully subscribed next day. Will not apply here anyway. Will think about it after listing and after 1 month.
I will avoid due to following reasons : 1. they are on rented property 2. their core competency is web development 3. negative cash flows from its operating, investing and its financing activities in the current and past years 4. Litigations
If we want to earn and enjoy in Share Market, to remember always the following : ""IF WE WANT TO HEAR THE SOUND OF THE BIRD, DON'T BUY A CAGE, PLANT A SEED"". Enjoy week end.
Review and think, what was the highest P/E ratio in which you applied last time and whats the status of that company.
LM has surely made some backup plan and tieups for Issue to be subscribed in such an aggressive pricing. Save yours money and invest after due research.
I Respect your opinion but there always some exception which should not be trend for next investment. There might be 2-3 examples for that but overall view in high PE is negative.
YUDIZ... TAX ON GAMING 28% GST...Big Negative 4 sector don't See rock back from GOI. So, 30_40% sectors is down worrisome for yudiz premium is low at 30...more or less avoid ..even promoting by IPO SONIPAT is dangerous . his last ipo spectrum usk atamj cellpoint tridya eroded investors wealth stay away
August 4 to 8 Q 10 s H 45% R 45 % PB 37 - 40 Lot size 3000
8. AMIT IND| Link| Bookmark|
July 30, 2023 7:42:31 PM
Top Contributor (600+ Posts, 100+ Likes)
Though size of issue is moderate and financials looks decent, still spark is missing. Mainline ipos may also disturb subscription, still lets wait n watch as more than 1 week to think n study.
of course , no single factor can be a deciding factor , i am just pointing it out , as 2 mainboard ipos in recent past by this registrar listed in discounts
Again not the right parameter to evaluate company listed in discount. Chittorgarh do a tremendous job providing Company Financials, Key Performance Indicator & Check issuer's IPO Peer Comparison here.