Elin Electronics Limited IPO Message Board (Page 3)

One negative point is OFS is of 300cr and new issue is only 175 cr from 475 total issue size..

All you people are discussing these details only after issue completed and will come for listing.Why don't you discuss these details when it was on subscription days

*Elin Electronic Limited-IPO*

Listing Date : *Friday, December 30, 2022*
ISIN : INE050401020
BSE : 543725
NSE Symbol : ELIN
Price : Rs.247/-

Won't sell my 2 lots in discount if list negative... However chances are very minimal for this. Valuation wise good, manufacturing sector in demand, not big free float and all peers are also doing fabulous.

It will list definitely in green... Sgx is also positive... Tomorrow market will be huge green

Not expecting any listing gain but will go upto atleast 20% in short term.

This IPO may not list at premium but can be held on. Among all the recent IPOs this is slightly of better quality and pricing.

SHOULD WE BUY IN PREOPENING AROUND ISSUE PRICE OF 247/-?

Yes this stock can be bought for long term. So dont sell it in loss if you have got allotment

This company had issued equity at decent valuations compared to other peers of the industry. Except for the dismal ipo performances of recent ipos, this company is set to fly high in long term. But we would have to wait a bit patiently

GMP:- 2.5-3.5

To all dear allottees,it is going to list in premium,If pre doesnt show much buying interest I will exit all/70% my holdings in pre session.
Trend has seen where sula,abbans,kfin listed green afterwards from 10.00 they fell from listed It is not neccessary for elin to behave like them but we work on probability.
Scenario valid only if issue settles around (2-3% +/-)

- A Short term investor :)

This is my strategy and planning,opinions may vary please do not do argue👍🙏

GMP:- 1-2

If KFin lists in premium , Elin must list with premium.
Market sentiments changed.

3/3 retail, while as per the probability rule, it should have been 1/3.

Less retail participants will make ipo working . Will see good rise at the end of listing day.

I feel vice versa it will list green but end below listing.
Anything may happen though,Market is supreme!

ELIN PREMIUM 1 RS SELLER

Got 1 shni and 1 retail.

It must be list at 10% but no demand seen for such robust company in gray currently.

Ofs and less slow CAGR growth may be issue but on other side Valuation is also cheaper (approx half) than peers.

They also tied up with Philips to make their trimmer and revenue will be seen in fy 23 results as per CM review.

Elin is very old company ( >40 years) and growing slowly but very steadily with 7.5% approx consistent margin.

This segment have competition but nobody could easily beat their production model, consistent quality and brand name in b2b segment.

Also they are market leader with share of 12% in FHP and 10.7% in small appliances mfg.

Currently gmp recovered from negetive to 0.
Let's see what market do with such robust and leading company on listing , hope for the best🙏

Nilaykumar ji, I don't think I showed any gesture of happiness. Just shared my opinion on listing (1st rply in this thread)
And was thinking, there was very minimal chance of good listing gains & for long term investors, it might be available at better price (which it is now) so why one should participate in ipo after seing listing pattern in last 7-8 ipo’s!
#justanopinion🙏🏻 and sharing of thoughts, for what we use this forum for.

And sir ji Completely agree with what you wrote in second para.

Dear abhi ji Thanks for sharing your opinion about Elin.
True that , last 8 IPOs performance hitted it badly and it's available now at cheaper price than issue price. So from now on anyone should be cautious before investing in any good company IPO also.
Elin still continued to fall and showing weakness because of panic seller and less intrested new buyer ,
trend continued of discount listing and later free fall.
Let's believe in company's good health and fundamentals, if DII/FII shows intrest it would bounce back sooner or later 🙏

Had put in one BHNI on day 2 before the sme meltdown started. Put in a retail on day 3 with same pan to neutralise.
At peace with zero allotment.

@PeterEngland :😂😂😂..l Yes actually was planning for 4 bhnis but decided to forego the 10 % for peace of mind.

@safe bet
Dont be certain. Now registrar/s are cancelling smaller retail application then it becomes valid bHNI application. Be ready for allotment

𝘎𝘔𝘗+5 𝘪𝘯 𝘳𝘢𝘫𝘬𝘰𝘵

𝘊𝘳𝘦𝘥𝘪𝘵𝘦𝘥 𝘪𝘯 𝘥𝘦𝘮𝘢𝘵.

What ever may be GMP Hope
Will not be negative

Imo will settle in green at 9.45 afterwards may or may not show a downfall.

donot do rapid fire 🔥🔥 on listing day, wait for some time it will turn around the storey, good company at cheap valuations

1/2 in Retail