Emmbi Polyarns Limited IPO Message Board (Page 3)

Run...... and apply for emmbi IPO for listing gains...
Discl: I am applying for 2 lots

See the promoters..... husband, wife and mother.
They should try their luck in "Wheel Smart Shrimati" on DD1, rather than looting public money.

20. Ravi, Bangalore
So many Thanks from the bottom of my heart
I often visit this site only just for your ANMOL COMMENTS
the advice given by you may benefit many...
Thanks once more

iske jitna turnover to mere ghar ke bagal vale mithai ke dukaan ka hai.
apply karo aur lut jao. all the best to all those who apply

stay away from this ipo not even worth 10 rs to subscribe in this ipo.
looking at the companies which are coming with ipo even i am thinking of coming out with my ipo.

look at company turnover 23 crores even a small shop in a market have higher sales than this company..

EMMBI POLYMERS LTD, (SATTA CANDADITE) WILL BE PUNTERS FAVOURITE ON LISTING, ANALYSTS PREDICT PRICE MAY START ROCKETING ON LISTING, (SATTA). THE COMPANY HAS BIG & GOOD CLIENT LIST. HENCE I RECOMEND TO ALL TO APPLY TO REAP SUPERNATURAL PROFITS.

IPOs DOs and DONTs

In equities, investing in a winning stock, ahead of everyone else, is said to be a sure shot way to riches. That’s why initial public offerings (IPOs) are a craze with the investing public. Companies come out with IPOs either when they wish to raise money or the promoter wants to sell part of his shareholding. Companies that are already listed too come out with public issues, known as follow on public offers.

IPOs offer investors an opportunity to participate in the initial price discovery process of a company. Since a company is eager to make its issue a success, the pricing is generally kept attractive. Of course, there are times when companies try to make a fast buck by overpricing too. Since most companies keep the price attractive, investors in IPOs often gain immediately.

But listing gains, the premium at which IPOs usually quote at when they trade, should not be the sole motive for investing. Investors should only invest in those IPOs whose fundamentals are sound after considering all relevant factors. Merely investing for listing gains may find the investor holding shares trading at a discount too.


DOs

1. Ensure that you get a copy of the full prospectus and read it carefully before investing

2. Check the antecedents of the promoters and if they have other listed companies, check for Group IPOs

3. Compare valuation with others in the industry, to make sure that it is indeed an attractive investment option

4. Ensure that in a book-built issue, you bid at the price you consider appropriate and don’t get carried away by the hype surrounding an issue

DONTs


1. Fall prey to positive news announcements around the time of the IPO. These are usually meant to make the issue seem attractive.

2. Subscribe to an IPO if you find the price high, if your reasoning is correct, chances are that you will get it at a lower price in the secondary market

3.Invest in IPOs based on the current market valuation, while some premium is allowable to current market conditions, do not invest in a company you would not put money in a normal market

emmbi poly ka ipo kaisa lag raha hai subscrip karne jaisa hai or market possitive hai or badget k pahele list bhi ho jayega primiume 4 to 5 suna hai to aplay karna chahiye?


please riply...............












jublante ka alotment intime per abhi tak nahi dikh raha hai koi or site per mil sakta hai?

please tell me............

Read carefully and apply

Source = S P Tulsine(PRIMEINVESTMENT.IN)

Jan 29, 2010 04:11 pm

Issue for the promoters
Emmbi Polyarns is entering the capital market on 1st February 2010, with a public issue of 95.74 lakh equity shares of Rs. 10 each, in the price band of Rs. 40 to Rs. 45 per share.


Financial performance and health of the company does not justify this size of issue, as its net worth is just at Rs. 9 crores, as on 30-09-09, with debt equity ratio of 2.40:1, taking total debt of the company, of Rs. 21.69 crores. FY09 had topline of just Rs. 38 crores with a meager PAT of Rs. 1.36 crores. So on what basis, this IPO of Rs. 38 crores – Rs. 43 crores has been planned?


The company is into manufacture of FIBC (Jumbo bags) and woven sacks with a capacity of 5,000 TPA, which is now being raised to 17,800 TPA. The company has estimated total cost of expansion at Rs. 36 crores and planning to source it from IPO and internal accruals. When the company already has such a high gearing and reserves of just Rs. 1.22 crores on 30-09-09, anything coming in from internal accruals is ruled out. On top of it, the company had the courage to issue 3 bonus shares for every 2 shares held, ahead of this IPO. Due to this, book value per share fell to Rs. 11.50 , on pre-IPO equity base. Even post IPO, paid up equity will sharply rise from Rs. 7.83 crores to Rs. 17.41 crores. Promoters stake of 45%, post IPO, is also not comforting, as they would be enjoying the benefits of the proposed IPO, resulting in rise in the size of the company and increase in book value per share.


In the past, there have been many companies came from this sector, but none of them have rewarded the shareholders. This company will not be an exception.


Considering this, investment is not advised, as the IPO is purely to help the promoters of this micro cap company

AVOID

AVOID i Think AANE WALE PSU IPO K LEYA PESE BACHA K RAKHO YA ESSE BHI ACHE IPO AANE WALE HAI UNKA WAIT KARO AVOID Discloser :- not intrested to Subscrib this ipo
Subsribe VASCON & Aqua LOG...

ya i agree with u u 13.VISH because i m daily user of this site never see like this scraps and within gap 5 min they are post positive scraps .so definately some fishing it.

It is very good company you can buy the shares

Very interesting observation by Vish at srl 33. Be careful.

be very careful messages no.14 to 32 appear to be dubious.co. or somebody appears to be playing

Looks like somebody is messing up this forum.. Never have i seen such a unaninimous opinion...every one who has posted has given his full name...and each post is quite evenly spaced(wrt time)... fishy...

business model is excellent........... the product line is very uniqe and bound to be sucessful. there appears to be long term vision behind the business model.

Excellent business model, it is very good for long term investment.

Available in Grey at 5.5 premium.

very good long for long term investment.

Who are the competitors?