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Investment Ideas 

Forum to share and discuss long term stock investment ideas, IPOs and multi-baggers. Try to explain rationale and the story behind the buy or sell. Socialize your ideas before you act on them. Other might just add value to your evaluation.
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◆ Spandana Sphoorty Financial Ltd IPO
- Spandana Sphoorty is a rural focused NBFC-MFI (Micro Finance Institution).
- The company offers income generation loans under the joint liability group model, predominantly to women from low-income households in rural areas.
◆ Issue Open: 5 Aug, 2019
◆ Issue Close: 7 Aug, 2019
◆ Issue Price: Rs 853 - Rs 856 Per Equity Share
◆ Market Lot: 17 Shares
◆ Investment Amount: 14552 Per Retail Application
◆ Important Dates:
● Finalisation of Basis of Allotment: 14 Aug, 2019
● IPO Shares Listing Date: 19 Aug, 2019
Last Grey Market Updates (change daily)
GMP: Rs.4 - Rs.5
Kostak Price: 300
Subject2: 1500
Review & Recommendations:
Axis Capital - None
Centrum Wealth Management - Subscribe
Sharekhan Limited - None
Motilal Oswal - Subscribe for Long Term
S P Tulsian - Avoid
Arrowmoney view:
Avoid. NBFC Sector still seems unstable. Recent News of Scam in NBFC companies, shows low confidence for safe Investment.
Disclaimer: All the Recommendation/View Given in Arrowmoney are only for internal study purpose. Consult your financial adviser before making any investment decision.
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Investment Ideas - 1101641
#chaman lal sethia
Chaman lal setia recommended on 2.7 20 at 57 hit 76.90 (UC) on 31.7.20. Profit 37% within 1 month 💃💃