@Aman Soni , selling pressure is very high current in the grey market. I don't have much hopes from listing. I don't know your risk apatite so would be difficult for me to suggest anything.
I was very certain about Medi Assist to not list in negative, rather with 10% gains. Similarly, I dont see any technical reason for EPack to list negative, in fact, market is in positive sentiments in prebudget session; So EPack should not list negative, but flat with very some gains. If the market has another mood of going red tomorrow, this listing can get affected due to it as it's not the strong issue we all know.
256. Rakcyt| Link| Bookmark|
January 28, 2024 9:27:55 PM
IPO Guru (1300+ Posts, 1300+ Likes)
Frnds , I have done interesting analysis of the listing trends amongst main board IPOs listed in the last qtr or so to understand it better . Mostly , say 75% of IPOs got listed below expected GMP at 10 am then had volatile movement before settling at higher price after 11 am ...by afternoon session a peak is seen followed by a settled price . Rest got listed or went above expected GMP and by 11 am came below listing price and settled for the day .
Mostly it will follow first trend and let's wait till 11-12 to see the final settlement .
"Trend" is one of the biggest deceptions in stock market. My analysis of last three years.
256.2. Rakcyt| Link| Bookmark|
January 29, 2024 8:37:49 AM
IPO Guru (1300+ Posts, 1300+ Likes)
@Mogambo ka Bhateeja In absence of any tech chart you can rely on recent trend in market only to get direction, it may or may not work always in your favour . If one doesn't believe in trend then just sell during pre open or upon listing n relax .
Agree partly. When seen along with some background facts that every listed company has to publish before going public, it does give some idea of what may happen. The trend alone (seen in isolation) doesn't mean anything to me.
I've burnt hands a few dozen times by now just going by trends, both in new and old, small and big companies, then learnt the lesson. Though I agree that trends alone can sometimes influence short term effects, in long term or even in short terms when fundamentals don't justify the trend, the outcomes are bound to differ, sometimes very radically.
That's why I personally consider 'trend' alone among one of the things that may give false impression, and thus also subject to manipulation whenever possible. This is my general perception, not talking about this stock in particular. So what you analyzed may come true. I don't go by GMP anyway.
256.4. Rakcyt| Link| Bookmark|
January 29, 2024 11:56:45 AM
IPO Guru (1300+ Posts, 1300+ Likes)
@Mogambo ka Bhateeja On same page dear. The basic idea is to not rely on GMP as it doesn't align with price movement now a days , atleast on listing day .
256.5. Rakcyt| Link| Bookmark|
January 29, 2024 4:30:43 PM
IPO Guru (1300+ Posts, 1300+ Likes)
Now it will walk the talk guys .....don't worry follow the trend as market is up like hot iron you need to strike at right moment .
253. Seth.| Link| Bookmark|
January 28, 2024 2:50:05 PM
IPO Guru (1200+ Posts, 600+ Likes)
The major reason for no demand in my understanding is , company is new , only 4 years old and they added PLI scheme benifit in advance in revenue to show inflated revenue and also valuation is somehow on higher side.
However it's like start up and start up business always risky to invest either they become multibagger or damge your capital.
But company better than mamaearth , Paytm, cartrade like loss making startup and EMS segment is hot favourite so epack shouldn't give loss to its investors in my view but after all market is supreme and it will decide the price.🙏
253.1. UjwalG| Link| Bookmark|
January 28, 2024 4:05:36 PM
IPO Guru (1300+ Posts, 600+ Likes)
Are you sure about pli benefit already added in revenue? Because the actual amount may get credited after 1-1.5 years after company is selected. This is true for auto pli scheme atleast.
253.2. Seth.| Link| Bookmark|
January 28, 2024 4:23:16 PM
IPO Guru (1200+ Posts, 600+ Likes)
Yes there is one article about it by beat the street founder on LinkedIn, you can check
Tommorow market condition will affect the listing... Right now it's 1-2% GMP Let's see what happens Positive listing is highly possible if tomorrow market close in green
252.1. Chhote Lal| Link| Bookmark|
January 30, 2024 9:51:56 AM
IPO Mentor (6100+ Posts, 4500+ Likes)
Markets were green but this counter listing is RED
Very very tough time for ipo investors.... 8-10% GMP me risk lene se acha hai hold ur cash ..... abhi kisi bhai ke (I m not remember his name )forum me 8 shni lot muthoot micro ke khule the tab hi se mai dar gaya and stop applying in such ipo and moving to ofs and buyback not earn massive money but I m still happy 😊....so don't take risk if u r not confident about ipo epack GMP 1% left bhagawan jane kaha khulega .....🙏🙏
250. Vasubhai| Link| Bookmark|
January 28, 2024 8:25:29 AM
Top Contributor (300+ Posts, 100+ Likes)
Listing wil be 250+ definitely as per other companies PE.
250.1. Chhote Lal| Link| Bookmark|
January 29, 2024 9:56:03 AM
IPO Mentor (6100+ Posts, 4500+ Likes)
@Vasubhai While positive listing with some premium will be expected by all allotees, it looks difficult that opening will cross IPO price of Rs 230/- Atleast, current GMP is indicating towards flattish listing. Lets hope for the best !
250.2. Chhote Lal| Link| Bookmark|
January 30, 2024 9:50:10 AM
IPO Mentor (6100+ Posts, 4500+ Likes)
There is nothing definite in share markets. Negative listing is on cards.
It will have higher chance as number of applications will be less in that bracket.
249.3. UjwalG| Link| Bookmark|
January 28, 2024 8:54:29 AM
IPO Guru (1300+ Posts, 600+ Likes)
@RAJESH NAGARIA Sir, you are wrong. In mainboard it doesnt matter the lots you apply, the ratio remains same. (Allotment/ Total applications ratio for that lot). Pls refer to any recent boa. @agriculture If you have 30lk then i suggest split into 3 and arrange 3 demat account of your family member and apply 3 applications of 10lk each. This will have higher chances of allotment as compared to one 30lk application
248.2. CSK| Link| Bookmark|
January 27, 2024 11:02:56 PM
Top Contributor (300+ Posts, 500+ Likes)
A good listing is expected. EPACK PE: 36x one-year forward earning basis Amber 55x, Dixon 115x, Elin 60x, and PG 53x. It looks comparatively cheap compared to his peers. Amber and Dixon are both relatively big companies compared to Epack. Few people are creating panic in retail. Decent demant in QIB, Anchor Books are fantastic. Don't sell your share in panic. Let's wait and see the movement, then decide. All the very best to all allottees.
@IPO VALSAD Where are you bhai?? I was remembering you and @Aman Ipo as not heard from you both for a long time..keep interacting on forum..👍🏼
244.4. IPO VALSAD| Link| Bookmark|
January 28, 2024 1:24:49 PM
Top Contributor (300+ Posts, 100+ Likes)
Are tejasbhai... Aapne yaad kiya or hum aa gaye... Going through this company and it's peers... Q4 result will going to be blockbuster... Not applied in this ipo... But thinking to buy from secondary if available at good valuation..
244.5. Chhote Lal| Link| Bookmark|
January 29, 2024 9:52:51 AM
IPO Mentor (6100+ Posts, 4500+ Likes)
@Vasubhai Looking at current GMP, listing is going to remain flat. Lets wait and watch if listing remains positive.
@IPO VALSAD Sir kya lagta hai aapko negative listing hogi ya positive mujhe 1 lot mila hai isliye aapse puch raha hu sir 🙏🙏
244.7. IPO VALSAD| Link| Bookmark|
January 29, 2024 4:15:54 PM
Top Contributor (300+ Posts, 100+ Likes)
Positive hi hogi... You will get atleast 5% on listing... From last few hours lots of trade happens... Kal tak khamoshi thi... Koi epack ki baat hi nahi kar raha tha... Aaj market khulte hi buyers aane lage he ..
various people on this forum have claimed they have been alloted third party mostly said to be using sbi and some bank of baroda for upi i would say use sbi only if you are still gonna go with third party but ofcoarse you cant say for sure if it is still working