Rex Sealing and Packing Industries Limited IPO Message Board (Page 2)

AAAAAAAAAAAAVVVVVVVVOOOOOOOOOOOIIIIIIIIIIIDDDDDDDDDDDDDDD & WITHDRA APPLICATIONS. This is not worth more than 15rs.

Despite low profits, constraints and issue being pricey , it is " may apply".
Kuchh gadbad hai.
My opinion.. "avoid".

DD conclusion :
"RSPIL is in a highly competitive and fragmented segment. It has posted inconsistency in its financial performance. On the basis of its super earnings for Q1 of FY23, the issue appears fully priced. Small paid-up equity capital post listing indicates longer gestation for migration to the main board. Well-informed, cash surplus/risk seekers may consider parking funds"

writes everything negative but recommendation is may apply. Aisi to kya majboori he !!

This 'MAY APPLY' is only for well informed, cash surplus, risk seeker... as the last line says.

And, I didn't fall in these categories. So, may be avoid for me....but one indicator still left - subscription.
😀

Surname of promoters is Nayak, one song is coming in mind, NAYAK nahi khalnayak hai tu....just jocking, pl don't take serious

LM and Registrar are also Nayak. ZAKIR Naik. 😁 Just joking.

Based on FY22 earnings, PE comes to 54. Such a pricy ipo. What is left for investors?

No reason to apply here. I will avoid it.

50% ipo is ofs. LM is Aryaman which brought Superflop Aban Holdings ipo.
At first sight, it appears Avoid.

AVOID for me...
Very costly 👎👎👎

Avoid, big trap

Why do you think so... please elaborate

Strongly avoid for me.
Do not support to this type of lut promoter.

29 P/e based on FY 2022 numbers. 50% offer for sale.
appears strong avoid.

REX : NO THANX