Dear CG members, The promoters of Essen also run Rajoo Engineers which is a BSE listed company since many decades. How is the corporate governance of this promoter group in general? @Abhishek Rajkot and other esteemed members from Rajkot please share your views
Promoters are very humble and down to earth. Moreover, they know what they are doing in their respective field. My experience has been good so far. These are just my views 🙏Good luck!
93. KAPPO| Link| Bookmark|
June 25, 2023 12:26:49 PM
IPO Guru (1200+ Posts, 800+ Likes)
Bahut hi achchha SME hai. Lagao. Profit hoga. Large number of SMEs aur IPOs. Choose good ones according to bank balance. Baad me pachtana na pade. Good chance to make money. Subh kamaye.
91. M Gupta| Link| Bookmark|
June 24, 2023 11:19:47 PM
IPO Guru (1100+ Posts, 3300+ Likes)
No movement in GMP market. GMP 52-54 S2T 55k
90. PLAZA| Link| Bookmark|
June 24, 2023 9:42:58 AM
IPO Guru (2400+ Posts, 1300+ Likes)
As inyer utilization of fund not possible as per schedule of refund so pl suggest how we distribute fund in the following IPO
Greenchef Idea Client Essen Phk etc Pl give priority of applying of above or any other if any..
As per GMP, Rank will be 1) Ideaforge 2) Essen 3) Cyient 4) Greenchef 5) Pentagon 6) PKH 7) Magson
For Allotment, read rank by reversing the series. You may avoid Magson if, you hate non veg companies.
90.2. PLAZA| Link| Bookmark|
June 24, 2023 11:55:20 AM
IPO Guru (2400+ Posts, 1300+ Likes)
@Gaurav DD dimer Yes your priority is almost same in line with me and working in the same direction Thanks
90.3. Sharvam| Link| Bookmark|
June 24, 2023 1:35:12 PM
IPO Guru (1300+ Posts, 800+ Likes)
Chances of allotment for those applying retail/SHNI in mainline is more than SME. CYIENT - - SHNI/RETAIL IDEAFORGE - - SHNI/RETAIL GREENCHEF - - RETAIL PENTAGON - - RETAIL ESSEN - - RETAIL.
For allotment probability.... I think Essen will be heavily subscribed, so I kept it last in list.
90.4. PLAZA| Link| Bookmark|
June 24, 2023 5:44:47 PM
IPO Guru (2400+ Posts, 1300+ Likes)
@Sharvam ok but chance of getting lottery in essen so suggest to keep it at least no 3 for getting return ..
90.5. Sharvam| Link| Bookmark|
June 24, 2023 6:09:29 PM
IPO Guru (1300+ Posts, 800+ Likes)
@ Plaza, out of 3 SME, Essen offers very scarce probability for allotment, no doubt company is good, but it is of no use when one gets BABAJI KA THULLU after blocking lakhs. That's why I kept it last.
79.1. Sharvam| Link| Bookmark|
June 23, 2023 8:11:50 PM
IPO Guru (1300+ Posts, 800+ Likes)
Don't you think chances for allotment in SHNI is better in Ideaforge or Cyient than Essen?? Instead of applying here in retail/HNI one should go for mainline SHNI category.
@SSingh , @Arjun Rajkot@KAPPO Respected experts what should be the expected subscription of this and Greenchef SME. If you can please guide.... many thanks in advance