Teja engineering SME ipo closed on july 2nd with retail only subscription of 0.32 and hni with 1.3 . A firm allotment now trading at ₹672 rs against ipo price of ₹220. A 200+ returns in not even a month.. what did everyone missed here..?
#SME#ipo#stockmarket#nifty#teja
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Laser Power & Infra listed at ₹250 against iso price of ₹214 is currently trading at ₹286.66(34% up from ipo price).
Current map : ₹4052 cr
PE : 37.1
this stock has potential to grow in future as cables & wires segment stock are in hot run
Disc : I'm not sebi registered
Tips Music Board meeting on July 22nd for Q1 results and buyback proposal.
Previous Buyback :
2024 April 22 : ₹625
2022 Dec 30 : ₹2600(before split of 10:1)
2020 Mar 31: ₹140
2016 May 25 : ₹70
2023 March 08 : ₹90
2009 Jun 27 : ₹75
#Tipsmusic#Buyback#Q1results#IPO