Obviously it's a stupid SME market.
But this Jogani is too smart for his own good. Stupid tweets on Baby formula Ad ban. Like come on, don't post shit just to be viral.
Yes, I have seen SME IPOs giving 100% listing gain. And new articles also predict high listing return leading to over subscribe.
There is less liquidity in sme ipo and because of the likes of these types of ipo retail investors might end up stuck.
I recently heard about SME IPOs looks like people are just subscribing for listing gains. Looks like people are not even checking what the company is doing :p
In the recent years after Covid I have seen the amount of subscription being 40-50x the actual amount asked in the IPO for Retail section. Is this a sign that there’s a lot of money to invest but nothing to invest in ? Also is there a wa...
