Electronics Mart India Limited IPO Message Board (Page 41)

??? Limited file RHP with SEBI on 1-Oct-2022

@monster zero please advice on krishna defense, varanium cloud, annapurna swadist. Thank you.

For me sme IPOs are only for listing gains
Smes are un-regulated and manipulated a lot.
Not my expertise bro

Dear monster zero,
Please suggest on jain irrigation.
Any news please share,
Thanks

@ Ou Ai/Arun 2 sir/Psr sir/Amit chheda /Kama sir ..............
Do you find any incongruity in ' Heritage food' Rights issue?

@ Ou Ai
Thank you for your nice presentation.
By the time I have got some points to share with .
1. Sec 62 of companies Act 2013 governs the frame work for Rights issue which is in continuation of sec 81 of companies Act 1956 with some crucial changes.
2.The Board has an absolute discretion in determining the prices .
3.The validity of the Rights issue can't be challenged so long as it is not disadvantageous to the share holders and the company.
4.Sec 62 of the Act envisages proportional entitlement for the existing holders. But in case of non compliance on the part of the holder within the stipulated time, the Board may dispose of such shares in a manner which is not disadvantageous to the share holder and the company.

So what comes out :
1. Any share holder does not have any right to the proportional entitlement of the unsubscribed shares. So , it is absolutely in the hand of the board who to get that portion. Even the law have not debarred the Board for allotment to third party.
2. So I think the company promoters will grab all the unsubscribed shares (though may be comparatively small in number but as expressed in its intension ) at FV. In other words this rights issue is only for the benefit of the promoter whatever as it looks now.
3. Right' s issue at fv should have been more attractive but initial dusts having settled it is no more.
4. I shall wait and see whether sizeable correction comes.

Thank you

@Asoke sarkar
One must not read company law in isolation. Point 3 is lucid in its explanation "that is not disadvantageous .....". Even a small issue by promoters to issue additional shares by QIP or warrants convertible altering the public shareholding percentage need approval by AGM or EGM. There are several checks by SEBI disclosures and mandates before listed company's promoter can indulge in malpractice.

Unsubscribed portion by definition is total rights issue share reduced by number of shares subscribed with additional shares. In an attractive issue this will always be oversubscribed. The allotment in rights issue is now (from April 2021) done by the designated exchange on reckoning the oversubscription as per SEBI guidelines. So am not worried.... Trust this helps..

GMP 34+-1

Tracxn Technology Limited
Issue Size 700 Cr
Issue Date 7 Oct -10 Oct

Loss making company.

10/12 𝘰𝘤𝘵. 𝘈𝘷𝘰𝘪𝘥

@MonsterZero
Please advice on Srf, Sumitomo chemicals, jb chemicals, Cera sanitaryware, Polycab. Can these be bought at CMP?

@Aman Ipo
While @MonsterZero perhaps will respond you as he does to all being a good soul, am pitching in with some information due to my investments in all these five counters you mentioned. First you must decide the time frame. How long? Your returns will depend on investment time span and ability to hold over a longer period.

SRF is an amazing story. Add it if you plan to keep next 10 years for immense wealth creation. So far it has given 5X in 10 years. It is already a multi bagger to those invested earlier.

Sumitomo Chemicals was erstwhile Excel Crop care industries belonging to Shroffs of UPL & Excel Industries. Excel corp was too a multi bagger and once the company was sold to Sumitomo, the appreciation has been minimal. Those of us who got Sumitomo shares in exchange to Excel Crop reaped and harvested maximum benefit. Japanese firms in general are not good at increasing shareholders value as their growth philosophy is more offering quality products with safety, sustainability etc So, one can see numerous Japanese promoted firms like Isuzu motors, Nitta Gelatin, Panasonic, etc that have not offered benefits to shareholders for decades. Same was the case with Eicher Motors which was initially with Mitsubishi for decades and all changed for that stock as soon as the stake was sold to Volvo with buying Enfield. Maruti which was an exception in the early years is also a laggard at present. Sumitomo is a clear avoid

Jb Chemicals gave 9X returns in 7 years. Major spike came when KKR bought over 54% majority. KKR known to resell post adding value, one can add it for real long term.

Cera Sanitary gave stupendous returns of 45X in 12 years from 166 to 5400. I doubt its ability to move up and give similar returns in future.

Polycab is the new kid on the block recommended plenty from several quarters. Appear good from their product portfolio and dealer spread. From the current price level, it will offer normal moderate returns. Whether it will be a multi bagger from these levels is hard to say.

Am invested in all above shares and reaped entire multi-X returns over the periods mentioned except Polycab which is sold sometime after listing. Honestly, one must look at counters that are not in any recommendations, early before it is in anyone's eyesight, before they emerge into limelight. At low prices one gets opportunity to buy in big numbers which creates real good profit and wealth over few years, but generally not less than 5 years. Sometime lucky to be within 3 years. Quite a good number of stocks are available in small cap and mid cap as well as SME sector. However, do note that few midcap and small cap do also fail losing invested capital. Be careful in SME on genuineness of financials & governance issues. Happy Investing...

@Ou Ai
Thank you so much for giving such a detailed reply on each of the five stocks.

34

Tulasi Tanti founder chairman of Suzlon Industrie passed away today. Wonder what happens to this bankrupt company with no ruder and rights issue announced. Good possibility of a takeover.

As Kotak bank allows 3 accounts on 1 mobile number, does any member knows which are other banks that allows the same??

Same Doubt, Does 811 account supports ASBA.

Yes it supports but for own account no third party

Gmp 35/37

I have funds for 3 Retail Maximum or 3 HNI Maximum.... how should i apply for electronics mart ipo for max chances of allotment and listing gains... ????

small HNI ratio is worst in allotments. If big HNI funds available then it's best else apply in retail category only.

Hi Varanium cloud holders, important message.
Please book profit and exit the share.
Reason: The largest shareholder had already sold the shares. If you look at BOA you will find, the largest 2 NII(row 51,52 of BOA) who got the share(522000 shares out of total 1257000 NII shares), have already sold the shares in bulk deal.

BULK      30-SEP-2022      SUNRISE GILTS & SECURITIES PVT LTD      SELL      1,16,000      139.83      
BULK      29-SEP-2022      SKY WANDERERS LLP       SELL      1,40,000      134.08      
BULK      29-SEP-2022      SUNRISE GILTS & SECURITIES PVT LTD      SELL      95,000      131.35      
BULK      27-SEP-2022      SUNRISE GILTS & SECURITIES PVT LTD      SELL      1,09,000      130.82

Experts, do suggest if the above reasoning/logic is not corret? If not correct what should be implied of above bulk deal exits.

Hello Seniors
Your kind suggestion is very important for investment purpose
Kindly advise on uma export alloted in ipo plz let me know how much iam waiting to come on there basic ipo price @ 68/-
Thanks in advance

+1
what is future prospect of Uma Exports holding @51. Thanks

@ Nilesh B
For the last three months this share has been hovering around 50 level after registering a high of 92 & 88 in bse and nse respectively. Recently, 47 low in nse has breached , the new low being 46. In bse a sudden low of 42 registered.
I am tracking this share for quite some time and willing to buy it in the range of 40 .Though the other companies in this segment are not going good, its performance also deteriorated but it is ruuning with p/e 5.5 which may reduce to 6 to 7 this year.
As it is in this present range for quite sometime without giving any meaningful bounce with the market movement , I think it is most likely to give a sudden deep any time . To make it a catching point , I put pre-emptive buy order near 40 everyday.
This share is not likely to give good gain in near future but may give gain in six month time.
Thank you

GMP 30

we have section for secondary market views and opinions. But ppl are filling this IPO space. Anything other than about this IPO, is just like a spam. Please avoid it. Otherwise message about this IPO will get diluted in the deluge of messages. Thank you

@PKRAJ - okay

@Milton
So nice of you.

I have one agricultural loan(SBI Bank) and would be utilizing the amount in 4-5 months. Can I use that amount for IPO application asba/UPI mandate? is it possible? Experts please guide.

@IPOGUY
Don't bother. I have seen many taking agricultural loan being farmer. Benefits are loan carry much lower interest rate than routine loans, & there is always remote possibility in election years that it may be waived of completely.

@SamJos
When there is need of funds, some efforts need to be done. Earlier there was no rules and one can apply from ODFD directly and getting FD interest. Even I had taken this benefit. Authorities are also clever and discontinued this system. Now you have to transfer funds to Savings, all know. We can't keep our five fingers always in Ghee. Give and take. Use ODFD only on last day and transfer again as soon as unblocked. If allotted "Paancho ungliya Ghee me aur sir kadhayme". We are never in loss while using ODFD. Only Luck. For big profit need to spend some thing from pocket.
So, take it easy and enjoy Share Market.
Suno sabki aur karo man ki.

IAM EXPERIMENTING HERE
BY APPLYING
67/67/67/67/67

M.K sir ke megaflex me experiment krne ke baad hr koi aera gera bnda bhi experiment krne lg pda h😂😂

After analysing boa of mainboard, it appears that if the issue has been subscribed around 70x or more in HNI then every lot, 68 and above gets 30 to 40 applications with same allotment ratio in all lots. For SHNI, the situation is more or less same.

Monster zero please suggest on ABSL AMC, Adani Wilmar, MTAR Tech and Route mobile. I have hold since IPO
Thanks in advance

Thanks for prompt reply.

Please sell ABSL and re-invest to others (Rajratan Wire, Vedanta, Varun Bevarges, BSE, Tata Steel) now without waiting.

https://www.chittorgarh.com/ipo/ipo_discussions.asp?m=63269

Please share your view on Bandhan Bank purchased @314, Dreafolks @495 and LIC in allotment

BAJAJ ELECTRONICS IS BIG AND RESPECTED NAME IN HYDERABAD