There are no prerequisites for a decrease

[tanjimajuha20]

The company "Diasoft" successfully held an IPO on the Moscow Exchange. The securities soared by 40% from the placement price. Following the IPO, the capitalization of the Russian developer of software for the financial sector is estimated at more than 47 billion rubles. Trading in Diasoft securities started on the afternoon of February 13, the total volume of the placement exceeded 4 billion rubles. Increased interest from private investors is noted, in total it was possible to attract about 100 thousand people.

Before the IPO, Diasoft did a lot canada whatsapp number database of work with potential investors, says Alexander Timofeev, Director of Financial Markets and Macroeconomics Analysis at Vostochnye Vorota Investment Company: "This is a successful placement for the company itself, and this is probably good news for the market as a whole, because we haven't seen such excitement for a long time. Although there have already been a number of IPOs since the beginning of the year, many of them attracted attention and were quite interesting in terms of numbers, there probably hasn't been such overbooking, such oversubscription, such a price increase on the very first day. There are slight concerns about the fact that this is already the last IPO to be held at the upper limit of the corridor and at the highest possible price. This speaks not only and not so much about the quality of the company, but about a certain lack of investment ideas on the market due to the lack of access to foreign platforms and the fact that the market is frankly hungry for something interesting. At the same time, it should be understood that the allocation, that is, the number of shares available to the investor, was very, very small. That is, depending on how much money you were willing to offer, you were given three shares at best, and zero at worst. At the same time, I noticed that in fact, the story of seeing a paper jump by 40% is pleasant in the moment, but probably not very good in the long term, because it indicates that at the placement stage, all participants made an incorrect assessment. The company made an incorrect assessment with the price range, the brokers made an incorrect assessment, apparently setting a price that was too low, and the market made an incorrect assessment. And from this point of view, I hope that all parties will work on their mistakes, and the next IPOs will go more smoothly. Because all stories where you see growth several times over, unfortunately, usually end with exactly the same decline. But you have to understand that this is a risky investment in any case, and in no case should anyone be recommended to enter into such investments with more than 5% of their portfolio."
in the value of Diasoft shares now, says Anastasia Puzyanova, Head of IR Projects at the Corporate Finance Department at Tsifra Broker: "Here is a combination of two factors, since the company is interesting for investors, everyone was waiting for Diasoft. This is a company with its own IT products, which has long been firmly established in the Russian market, and it has long established itself as a business, so holding an IPO was a matter of time for it. But in order to hold an IPO, the stars need to align and, probably, the market needs to be ready for it. And it turned out that the company is ready, the market is ready, and investors are ready, so we received such a rush demand. Today, there are no prerequisites for the paper to begin to fall sharply. There are some nuances on which the growth in the value of securities can be adjusted, since in April-May we are expecting annual reports and the company will publish them. There, perhaps, the interest will subside, and it will subside, perhaps, even more based on new placements that are planned. That is, new names will come out, and interest will wane. Because of this, growth may either slow down or be corrected, and the shares may fall a little. But there are no prerequisites for seeing a bubble or overly inflated demand in this company, in this placement, which will then lead to a fall."

Since the start of trading, the company's shares have lost about 4%. The company "Diasoft" is one of the largest in the Russian IT market. It is engaged in the development, implementation and support of automation systems for banks, insurance and investment organizations.