Eastern Logica Infoway Limited IPO Message Board (Page 3)

The promoters have taken granted that public will subscribe this issue at any price. Don't forget the recent listing of Moxsh. The business model is also not unique and impressive that one can apply at so high value. I am not thinking for applying.
If the trend starts of aggressive valuation in SME too, would results the same as main ipo and the aprecciation would not be great as earlier.
Hoping that people give lessons to greedy promoters.

@abc xyz
Well said and completely agree with you

Ducol Organics And Colours Limited-NSE SME IPO

Issue Date : 9-Jan to 11-Jan, 2023
Price : ₹78
Lot Size : 1600 Shares

Issue : 40,40,000 Shares
Issue size : ₹31.512 Cr
FV : ₹10

Retail : 8,19,200 Shares
Retail Forms : 1137

LM : First Overseas
Registrar : Bigshare

Clear Cut opinion
AVOID ⚠️

Post issue equity is 2.85 crores and annualized profits are about 2.66 crores, an EPS of about 9, an asking PE ratio of 25. It seems fully priced with little left on the table for the investors.

Equity base is very small so a small increase or decrease in financials can wildly swing the share price. Use your discretion

No past track record of the LM.

I think it is their first ipo.

LM is Guiness corporate..name has been changed

Line lagi he sme me to
Sochne ka time dedo kisme apply kre or kime nahi

One more SME in New Year. 25 years old one. Coming in with a price of Rs.225. Borrowings seems on high side. Come out some of its Borrowings with premium.
Let's see after some time. Refund of previous SMEs will also be available.
But more and more will come for investors.