EP Biocomposites Limited IPO Message Board (Page 3)

This one has opened on 29 Aug. So, new rule shouldn't be applicable here.

Thanks Trueinfo for your reply

Thanks @GJ. I also think so. Though, I use ASBA.

@All, Mail from BSE
New Cut-Off Time for UPI Mandate Acceptance in IPOs.

Dear Investor,
You are requested to note that the new cut-off time for UPI mandate acceptance is 05:00 PM on closing /last day of IPO bidding.

Further bids with confirmed status of mandate amount blocked (RC100) only shall be considered as valid applications and hence, you are advised to submit your UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper your ability to participate in IPOs by successfully accepting the mandate.

The above changes shall be applicable for all public issues opening on or after September 01, 2022. You may refer the Exchange Notice No.20220803-40 dated August 3, 2022, for more details.

SME Only Opreter Game. Isme koi fundamental aisa kuch nahi hai.

Paisa fek tamasha dekh...

No brother, not in every SME operator can play. I learnt by letting fly the ola tech golden bird. That may be an exception that operators will have endless wait before they can take control.

if anyone can give any idea about current GMP / S2 for EP Biocomposites IPO

Sub to 7000

Sub to 7000

Can someone advise a stock broker who supports trading in SME? Upstox, zerodha Or any other.

all broker trading in sme

Sharekhan

Can you please confirm a broker who has sme stocks buy/sell facility?

all broker trading in SME.
zerodha and rmoney is confirm.

TOTAL AVOID PRICE IS VERY HIGH

Seems to be a very expensive IPO. On what basis they are asking 126 per share. Address is also c/o. I have visited and stayed in Bicholim for about 40 days during my three visits to Goa. Well established companies can ask such a premium only, may be making some losses.
If the members have seen the film 'Ek duje ke liye ' the film is maximum shooted in Goa. One song is is in Mayem Lake which is about 2 kms. from Bicholim. Beautiful lake. But this Company doesn't look beautiful for investors.

Costly IPO....., Promotor is highly connected with industry / govt. circles..... Segment is over crowded with competitors...... Company have some interesting products like bio digester toilet (new technology).... other very important product is Effluent treatment plant (This product can be most value added product for company and can mint lot of money if properly marketed)...... except these two products, remaining products are just general kind (doors, tanks, cabinets etc..) and too many players and competition is already there..

Some Red-flags I noticed in RHP: Though IPO is Fresh issue, money is indirectly again going back to the Promoters pocket... company paying 2cr as interest free security deposit for mfg. plant sub lease (again every month 1.5 L rent too) and the Sub Leasing property owner (B) is second Promoter in this same IPO launching company, and also Wife of main promotor A, Promotor B got this land on Lease from GIDC (Govt board)... everything looks money circling with in the management people only, this does not looks good for me to invest.

For me it is Avoid, and not applying (conservative approach).

In SMEs Fundamentals/basic issues in the company, simply doesn't work, 90% operator play and remaining 10% is fundamentals (key safety cushion) so everybody shall analyse by their own based on their risk taking capacity before taking investment decision.

Really helpful sir..

Thanks aspirant, you have summerized the issue very well.
I would like to add one more thing:- the promotor has 2 other companies/entities that have products/services same as this one (EPB). Funny thing is that they don't guarantee that there would not be any conflict of interest in future and how it would be resolved (? as per law). (p-114). How much a promotor will be committed towards public company vs private company? You can also check their financial on page (117,118).
Lastly I would like to say fundamental does not matter in the listing and further valuation of SMEs (as seen in some of recent SMEs). However if fundamental is good then there is always chances of positive public sentiment in future, even if listing is not good.
[It's my opinion, take your decision as per your situation and don't blame anyone it does bumper listing].

Research on the basis of website

Plus Point
1) Incorporated in 2020 as Pvt ltd company but in the market since 1991..
2)Supplied services to Government of GOA
3)125 project so far in Water Treatment plant
4)Bio Toilet expert- Future Technology
5)Fibre Door

Incorporated in 2020
IPO In 2022 - Kya Jaladi Hai Bhai

Number Are Good For Company Just 2 Year Old

Again Comes For Green or Bio Industries

IPO IS Overpriced For Sure

Only 504 Lot Available

Again Heavy Over Subscription

Appling On Last Day For Listing Again Only

They found Shortcut by way of IPO

Incorporated in 2020 and within 3 months, they made profit of 3.15 Lakh (As per company financials for period ending 31 Mar 2020).....Something fishy

Since its inception in 1991, the company has evolved from providing first VOC free powder coating plant in Goa, India to providing green product by manufacturing Fibre Glass Doors and allied products in 2001. In keeping with our mission in 2010, we ventured into Fire doors and allied Passive Fire protection products to enhance safety and to contribute to a clean planet, we got into Bio toilets in 2017.

So Incorporation in 2020 just mean it registered it as PVT Ltd Co

Badi jaldi me lagte hain.
Manage ho jayega na...

Shark tank ke agle season tak bhi wait nahi kar paye😅😅 ......

Hello
First time the company has come from Goa.
Will personally check the details of the company

Please do update after your reasearch.

Mac Hotels already listed BSE SME and become a multiagur stock

Life of unit:3years
Asset revenue PAT ✔️✔️✔️
Face value: 10
Issue price: very high.
काश प्रमोटर हमारे लिए कुछ छोड जाता