Zodiac - 10.14 Cr Application for retails is 487 Nos. Already received 4773 Nos. application So Oversubscription Retail - 9.8 Times QIB/NII - 10.9 Times This is till Friday Subscription, Expected estimated subscription will cross 25 Times in Retail and and 50 Times in NII at the EOD. Aakhir Paisa aapka, so decision is also yours.
There are good stocks available amongst listed Sme ipo, but temp trend shows listing at UC only. However, peers are available at Fair PE<16 hence I will avoid.
Company deliberately not showing swelect energy & websol energy in peers. Both are listed & available at 15 PE. HERE ARE TTM Results (in Cr.) View in (Million) Mar - 17 Mar - 17 Sales 189.26 296.21 PAT 29.38 79.34 Equity 10.11 21.97 Swelect websol
Face value 10 of both companies After knowing these facts I AM CHANGING MY DECESION, & AVOIDING THIS SME.
I think it doesn''t make any sense to chase this SME IPOs. Compare to mainstream IPO, there''s very little chance you will get allotment. Better to purchase SME from secondary market then blocking your money to this IPOs.
As gamble sir said, it''s just a game of block and unblock.
It''s true that getting SME IPO is extremely difficult, however there is no harm in chasing it. If you get the allotment, 99% chances are that you will make profits. I think it''s better to try your luck here instead of keeping money idle in bank account.
Yeah you are right. But instead of blocking your money in the SME for 5-7 days that''s almost impossible to get, you can already invest that money in secondary stock market after researching good stocks. Of course, no one want to keep money in bank this days looking at the interest rates :)
ab tak mere jankari me RBL best bank hai jo IPO NSE SME BSE SME support to karta hi hai iske sath me ap dusre ke dusre ke dp id se bhi is account se apply kar sakte hai imp. bat fund relesed quik karta hai aur bank ke tulna me
Ujaas energy is available at very low valuation than this SME, but euphoria of SME is such every tom dick harry is listing at 20% UC. Ujaas energy is much much bigger player than this SME, topline of 85 cr. bottomline of 4. 66 cr. (latest sep. quarter figure). P. E. 14.55 TTM This SME is very microcap in comparison with Ujaas energy.
NOW MAINTHING, I WILL SUBSCRIBE THIS SME DESPITE KNOWING ABOVE FACTS, BECAUSE EUPHORIA IS SUCH THAT NOBODY LOOKS AT VALUATION & SME SIZE. EVERY SME LISTS WITH 20%U.C. RECENT EXAMPLE IS SANGHVI, PLUZ, VERTOZ, ANI, KAARIYA.
NOW EVERY SME GETS GOOD SUBSCRIBITION DESPITE HIGH VALUATION & MICROCAP SIZE.
SO GO FOR IT FOR LISTING GAIN ATLEAST 20% ON LISTING DAY, BUT I DON''T THINK THIS TREND WILL NOT CONTINUE FOR LONG. ALL THE BEST.