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Servalakshmi Paper Mills

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What is Udayan's call on Servalakshmi Paper?

Unfortunately, the new listed company Servalakshmi Paper Mills is one of the smallcap duds. We have seen a fair clutch of them. It might have got subscribed through HNI subscription. None of the QIP would look at an issue of that size.
Servalakshmi Paper lists at issue price on NSE

Servalakshmi Paper Mills' shares started the trade at issue price of Rs 29 a share but could not manage to hold the same level.

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