Effwa Infra & Research Limited IPO Message Board (Page 6)

Applied 16 lot application. Please join

8/8/8/8/8/5/1

Not Allotted.

Does AU bank support third party ASBA application?

Anyone got third party allotment using AU asba recent days

SEBI is savior now only they have to control proper distribution at listing so that not only a few takes benefit of First Move by using CO Location servers.

Can we check somewhere what was the probability with 10,15 or 20 lots in any previous SME IPO. Please advice if data available or anyone can share please for any SME IPO.

​@Dinbsl Please check the BOA on the previous SME IPOs on those IPO pages. It is available at the top of the respective page..

When i try apply multiple lots through zerodha it restrict up to the value of Rs. 5 lakhs in retail. I am missing something? 🤔

​@ViK patel  Bcoz 5 L is the limit for UPI.
Anything greater than 5L should be via BANK ASBA.

Thanks@Rajiv RR . This is helpful.

Applying 2 retail application.

Skipping due to Big. Applying FF in Ganesh!

Sharing Effwa Infra review. Assuming everyone here will apply, but can be helpful to take fresh entry down the line.

1. EPC biz for ETP (industrial waste), sewage treatment (residential / commercial), water supply etc. Very imp. theme & need of the hour. 5x gap between waste generation & treatment.
2. Good rev. (~145 cr), growth & margin (~10%)
3. Superb order book (530 cr), majority delivery in 18-24m. Clients incl Adani, Sail, IOCL
4. Projecting 250 cr rev in FY25 from WC calc
5. V high receivables but in line with sector, due to 5-10% defect liability holdback for 2 years. Wabag / Ion receivables much worse!
6. Bengal Finance in Anchor ;-)
7. No public interviews with promoters, but well-educated with rich experience in space
8. At 13.5 PE, there is ample upside (Ion at 50 PE, Wabag at 33 PE, Teerth with only water supply work at 55 PE)

Will apply FF. Expecting ~450-500x HNI subs here based on fund blockage in other issues. Please DYDD.

@Manan Surana tagging you since you requested.

​@rohiitian thank you for your analysis.. will you add this script if not alloted? If yes, what is the price tolerance range for adding the same?

Will be difficult to get in the 3rd UC - mostly the 6th UC only. It will be 35 pe by then. It will also be pretty close to budget day so market may be jittery in general so keep the above in mind.

Sorry can't make any recommendations, but I will be tracking this one keenly with a bias to buy @Manan Surana @Deeep

Estimated NII subscription?

700?
900?

​@rohiitian sir, effwa looks quite good to me , can you please post your detailed analysis on this here , thank you.

​@Manan Surana Yes agree - will share a review here tonight

Only problem is RTA

Fire @DEEDEV 🔥🔥🔥 @ 375...
Next target@ 400 again.... short term Target@ 450 in next week.... watch it...

Are the chances of allotment same if one person applies for 2 Lots(HNI) and 5 Lots(HNI)? Or do the chances of allotment increases, if you apply for more Lots.
Asking this cause there were some rule changes recently and I am not sure what the correct rules are at the moment.

​@Jayesh Gaur In SME IPOs allotment chances increase as the lot number increase..

So, yes, 5 lots has slightly more chance than 2 lots..

sudden boost in sales in West Bengal which is almost 45.54% of total sales in 2024

No QIB so far,
total subscription too isjust 11 %.
is this due to 90 % cap ?
Then SME stock shall list around issue price like earlier.

QIBs come onboard in last few hours of last day..

STOP Unfair RULES! Petiton to NSE, SEBI to revoke NSE capping IPO listing at 90% ....This is Unfair to Reatil investors. I condemn this. SEBI is acting like dictator. Some Big Operators are behind this. Most Retail investor pre open me profit leke nikal jate he..... QIB, operators dont want retailers to earn profit. Retailers ka Nuksan kara rahe he. This is all FRAUD in the name of protecting retailers. Ek to itna mushkil se IPO allotment milta he, usme bhi they want to eat Retailers profit.
We all small investors need to unite & strongly OPPOSE this Arbitrary, Unfair RULE. what do you think experts??
@newgen consultancy @diwan kapoor @Basuvr @Chhote Lal @KGSKIPO @Vimal Garodia @MilanS @abc xyz

Yes, I agree with you..Even Bse cap should also be removed....

Kaise pata chalta h, ye big share h ?

Ipo ke allotment mai jaa kar registrar ka naam dekh sakte ho

​@Rakesh Kush भाई, इसी पेज पर रजिस्ट्रार का फोन, ई-मेल, वेबसाईट सब कूछ लिखा हुआ हैं।

:53:53 AM
Fire 🔥🔥 🔥 DEEDEV @ 361....Sherkhan stock broking Short term target @ 450++...

Bigshare again! No point block your funds. Please use your money elsewhere.

Now listing can not happen more than 90%

So .. 1 din mein paisa 5 guna scheme is over.

First day circuit should be 20% only and not 90%, if NSE is so concerned with retailers. Let price discovery happen in 3-4 months, After exit of anchors if any.

Sabse accha hota agar ye allotment process band ho jaye.. .. why can't they do direct listing.. like how it happen during demerger..