A very new born company. Trying to manage with borrowings. Burden is more to run a company. To get return by investors looks difficult. Price is very high. No doubt they are holdingore than 73%. Subscribed about 14x. So likely to subscribe some more times tomorrow. Still not so easy to get an allotment. Difficult to say that HEM lebel will work this time. Investors are crazy for HEM. *ALL THAT GLITTER IS NOT GOLD ALWAYS* I am likely to skip at present.
46.1. Smile✍️| Link| Bookmark|
March 14, 2023 7:29:20 PM
IPO Guru (1800+ Posts, 1100+ Likes)
I dont understand, why to pay hard earned money in name of HEM? Are investors any trust in buisness?
@SSingh Sir if one has to choose between Quality Foils and LabelKraft, which one would you suggest?
36.2. SSingh| Link| Bookmark|
March 13, 2023 11:27:25 PM
IPO Guru (1400+ Posts, 800+ Likes)
Quality Foils looks better. But again, only from listing/short-term perspective. I am not going to hold any of these if allotted. Will sell in preopen.
35. SJogi| Link| Bookmark|
March 11, 2023 3:13:53 PM
IPO Guru (1100+ Posts, 900+ Likes)
very risky to invest at this point, will wait for results then think of applying. also sector is very competitive. difficult to get listing gain , will avoid for time being.
It is Total Avoid Quality foils is much better then this , We Investor need to see all this 1) PE ratio 2) Future prospects 3) Net asset value 4) Promoters standing in market 5) Expenses towards issue visavis amount raised
In one of the case heard for 12 crore IPO promoters are paying fees of more then 3 crores such IPO totally to be avoided
If you dont do sicipline trade then loss will Happen like Indong tea Rs.26 now available within 10 days at 15
34.2. Liger| Link| Bookmark|
March 13, 2023 12:03:20 PM
Top Contributor (300+ Posts, 500+ Likes)
Positives: 1. Company's product portfolio is good. It supplies barcode printers, software, scanners, mobile computers etc. Manufactures the regular consumables required for the barcode printers namely the barcode ribbons, self-adhesive barcode and product labels in roll and sheet forms. 2. It has a long list of reputed clientele including companies like Wipro GE Healthcare Private Limited, Titan Company Limited, ITC Ltd and Indian Oil Corporation. 3. Hem Securities/Bigshare
33. KPCT| Link| Bookmark|
March 11, 2023 1:15:53 PM
Top Contributor (600+ Posts, 200+ Likes)
Can someone launch IPO even after net profit of 4 Lakhs rs.???? Wo bhi at rs. 55/......
30. G profit| Link| Bookmark|
March 10, 2023 6:42:56 PM
IPO Mentor (1200+ Posts, 300+ Likes)
Just GMP or market maker will not always win. Fundamentals will work out in the long run. GMP means spot premium, but it will vanish in minutes if everybody is seller due to no fundamentals. Just 50-60 days of company incorporation, the company is charging hefty premium. Wonder what sebi is doing, and the lead managers are to be blamed. We cannot apply just for the brand of lead manager , but the company must be worth it. AVOID
For all those who are spreading negativity about this IPO-
Hem has an impeccable track record as an LM. In 2022, not a single IPO from Hem was listed in discount. If the subscription crosses 20x & GMP remains above 10%, I'll apply FF no matter what are the fundamentals.