@PBRGV rather than thinking as a. Disappointment ipo. i feel it is a opportunity to buy now for multibagger returns.
244.3. Safe Bet| Link| Bookmark|
January 12, 2023 2:54:52 PM
Top Contributor (500+ Posts, 100+ Likes)
Considering the equity size , this is not going to behave like a typical SME which frequently operate in UC LC gears. It is a good company & worth holding as an investment in my opinion. Shouldn't be comparing every new tech company with varanium. They operate in a totally different tech area. Remember : Every dog has his day. 😊👍 It will definetly get a boost if & when it brings some good news. Till such time it is cash rich, the risk of holding it is definitely reduced. P.S> Holding since IPO
@arca even if it ekkenies business type ,this will give a bumper returns in coming months..ekkenies with issue price 72 in Jan 2021 with profit of just 70 lakhs made all time high of 208 . investment became thrice...but all etech with profit of 8 crores with no debt will have much higher potential. definitely this will give multibagger returns..in coming months..those who have fear can exit..but this is very good company..worth investing
243.4. Arca| Link| Bookmark|
January 18, 2023 10:42:09 AM
IPO Guru (1000+ Posts, 500+ Likes)
what I meant is it is not like eki and varanium.I am not denying it is good company the service they are providing is ERP consulting. ERP consulting is there for long time,one good thing is it is new ERP Microsoft dynamic so there is scope for improvement.big players like Infosys ,tcs , Deloitte etc are providing ERP consulting,it won't take them much time to enter this Microsoft dynamic.
I am very much confident that it will.. remember this after 6 months and see this page after 6 months.. company is very good.i.feel we can invest and leave it for multibagger returns.it will become another varanium cloud
this is behaving little different than other SMEs where either LC/UC - may be due to the issue size is huge? but going no where last few days. any opinion experts?
Since the Issue Size is huge ... It's not touching UC , the reason LC is not getting touched is because of the good Market Maker and Fundamentals of the company
I was alloted shares of all e technologies. And on the listing day i placed a pre market order in upstox and at 9.45 am order got executed. On another day i got mail from upstox that due to unavailability of buyers your order converted into 'short delivery' and in evening they credited(close out) shares on my demat account at the price of 157.50 Now my portfolio is showing -74,000 . I am fully depressed now . How can they close out at price of 157.50 . Please help me guys.
@AkSinghJi the same thing has happened with me. I have placed the sell order after 10AM and later in the evening a get a message of Short Delivery. Tried talking to their customer support but they are of no good. Giving standard answers and putting the blame on exchange. We have placed a sell order, validated it by providing the CDSL TPIN and the OTP. When there is no fault at our end, why should we be penalised. There has to be a portal where can raise a complaint against this.
Hello friends. I have purchased one lot of All E Technologies on 27th Dec. At the earliest, when can I sell my lot? Your guidance will help me a lot. Thanks.
Observed that Big SME IPOs take time to move up, be it rachna infra, varanium, rhetan etc, may be All E Tech will too take time, but certainly move up..
@nooral super sir.this shows the strength of the company.big investors like you will show good path to the retail investors.hope this company will give multibagger returns.
Will add 2 more lots today as i feel circuit will open today coz people who bought on 2nd & 3rd day also will be eligible to sell at loss. Also, i’m sure that this company is going into tech space acquisition mode which will add revenue and profitability. Also, it enjoys gold standard in msft crm space which means 20% to 40% cagr growth only in this segment.
Its competitors like Ksolves enjoys a silver standard and cagr growth is 40% plus.
Its a great buy and i will continue to be bullish on this stock majorly because of its strength to grow bigger sooner with mergers n partnerships
HI Neil, Could you share What business the company is doing in tech space?. What unique the company has that give profit. What made you to be bullish. so that would be helpful for people like us to take informed decision.
Thir services invlude - Azure transformation (huge business like AWS), Dynamics 365 is the only CRM in the world that can cater to each use case in all industries, mind it even salesforce cannot(with improving market share of CRM, this is the 2nd most preferred tool after salesforce) and many other services under Digital Transformation space i.e ever growing. They have served some great clients like TATA communication, Asian Paints in India and several in EU, US, Japan, etc
With gold partnership title, bigger orgs are tend to deal with partners and not directly Microsoft with gives a great edge to partner firms in automatically growing their client’s base.
Several other factors are there and one thing from US market is that MSFT is the only tech listed giant that lost less than 30% market valuation compared to googles, salesforces, Amazon etc only coz all their business verticals are profitable and Azure cloud space is tend to disrupt the future expansion for MSFT with maxiumum profits…
@gopinath r i have already bought. 1lpt and today purchased another lot.this is fundamental strong stock than varanium ,now only because of market conditions it is now available at cheap price.biy and forget for 1 year u will see miracles.patience is important that i understood with varanium.i have sold varanium with 25k profit now i regret.similarly this will post much better results than varanium in coming quarters
233.5. Takamichi| Link| Bookmark|
December 27, 2022 8:40:02 AM
IPO Mentor (800+ Posts, 700+ Likes)
@ipoaspire just want to know what changed in these days to change ur opinion from sell sell sell to buy buy buy and that too will full intensity on both sides..... It's the same company.....nothing happened in past 7 days in relation to company profile.....
233.6. Takamichi| Link| Bookmark|
December 27, 2022 8:40:48 AM
IPO Mentor (800+ Posts, 700+ Likes)
Company was good from the start .... Has apply tag from dilip ji ..... Though his apply tag have all been in damp except one -two like eki..... Vital, kn agri, all e r his recent apply.... All in damp..... FYI: i have this stock in my portfolio.... Will keep it for long ....
@Takamichi previously i told to sell ,but after lokes opinion i have reviewed it's business, financial and compared with varanium and other sme.this company is more fundamentally sound than varanium,check varanium financials when it came to ipo .so i have arranged funds by closing some other positions with profit,some with loss and took 2 lots of this gem.
True.it is irony that less fundamental companies like pn gargi and other are hitting UC ,and fundamentally super company like all e is hitting LC .No matter, retailers should invest only in fundamentally sound companies.this is a gem which will prove its worth in next 6 months.
@lokes @Takamichi @Arjun Hitting LC with negligible volumes.. what should be the strategy now.. Good stock but seems QIB sell-off with almost no buyers. New to world of SMEs... can u suggest if its time to close in Pre-Open tomorrow?
Seems only you + 8 folks bought today but still close to 159 lots yet to be sold at LC.. Wats confusing is that there are not many buyers of the stock (low vols) which doesnt look like a good sign
231.3. Takamichi| Link| Bookmark|
December 26, 2022 11:53:56 AM
IPO Mentor (800+ Posts, 700+ Likes)
It's not QIB sell off otherwise the sell order would have been much bigger.... Either QIB r trying to sell it with strategy or they will keep it for long ..... With low sell off at LC, even operator can't jump in with this low volume as if they buy it, again LC can happen on same day .... It would have to break it's LC through retailrs only ....
I have one from listing day and would add one more tomorrow..... Expecting good returns in future.... QIBs r not selling haphazardly here like in vital and phantom
Yes, financials suggest good future however, volumes have been quite low in all the trading sessions post listing day. Lets hope it takes support next session onwards.
If u ask about volumes.i sold varanium cloud with profit of 25k at that time volumes are very less.after the results continuous upper circuit for 2months.from stock went from 150 to 1000+ .all e tech is more fundamentally sound and future prospects company than varanium cloud.it will post much more better results than varanium in the upcoming quarters.
I have been allotted one lot of this scrip. I am planning to hold it long term. Apart from being fairly valued, the company is expanding in other geographies (see the split in RHP) and they are looking for inorganic expansion with the cash + IPO money. Lead Manager is Unistone Capital (see their past record with Bombay Metrics, Siddhika Coatings, Likhita Infra). CoVID impact in market is real for now but i believe short term. IT companies are a good buy at this time (story will be different around US election in 2024).
Since u have alloted it is ok still ur in 50k profit,but for the new entries for retailer i feel it is not safe to enter now and it is better to book profit.(myview) . tomorrow Droneacharya Aerial Innovations Limited IPO is listing which has more future prospects than ae technology.
226.1. lokes| Link| Bookmark|
December 22, 2022 4:57:17 PM
IPO Guru (4300+ Posts, 5100+ Likes)
In my view, this company is good to hold as per its business type and future growth prospects and its current cheap valuations.... But only thing is since there is little fear in market now due to covid and IT sector is already weak and it has 50% of QIB holding and issue size is bigger so due to all these things , in short term, it may not perform.... I had trust in vital also but till now in short term, i was proved wrong in vital , that also issue size was big with QIB portion, but this company business and valuations are better than vital..... Luckily i was able to get out from pritika with minor losses and also sold ambo agri in right with some good profits....both went down a lot from last 2-3 days.
@PBRGV expecting a upper circuit from monday.but as lokes said it has Great potential in future but at present due to COVID news it is slumping.if u hve purchased in secondary market and if u don't want money now it is ok even if it goes at 110 ,this is a long term investment stock with good fundamentals but in short term not possible.. financial of this are much much greater than dronacharya but dronacharya has euphoria because of its sector ,but in future the stock price of dronacharya depends on its financial,but this stock has great financials .
@lokes after ur opinion i have read the details of this company,the PAT increased during the period compared to non COVID period.previously i opined about to exit for who already alloted.but after seeing ur opinion and after reading the full details of company ,i feel it is a very very good for long term,but unfortunately I cannot afford to buy now due to funds shortage.
@lokes profit increased in COVID period due to more work from home opportunities.now again the news of COVID .can the people expect similar or much profit in this year?
@IPOaspire, It is one of best recently listed SME. It will perform in long. Entry price is difficult to predict for short. I have 1 lot and would add more if it goes down near issue price. Till then no action. Will review after 10 days!! How operators behave, let's see.
226.7. lokes| Link| Bookmark|
December 23, 2022 5:19:02 PM
IPO Guru (4300+ Posts, 5100+ Likes)
Yes financials and company is good for long term holding but a lot depends on QIB'S also here for its further movement since they have good portion from this big size issue...and now a days since most sme's are already down so its tough to say that in short term how much more down it can go but should take support around 105-110 levels...covid in india is still not a big issue, just some panic due to condition in china and some cases here of new variant...
@lokes pls clarify this, this company proved to be good more in COVID times.march 2021 results is example.what is ur view on this and can this company be compared with varanium cloud in financial and business.whichbis good among both.
226.9. ipo share| Link| Bookmark|
December 25, 2022 9:02:49 AM
IPO Guru (1500+ Posts, 700+ Likes)
@lokes Sir, how much more downside do you estimate in All E Tech and where would you advise to buy it? I didn't get any allotment in last batch of smes even after applying 4 applications each in almost all ipos, may due to applying in retail category. If you are targeting any other fundamentally strong sme, available at genuine valuation, please share. Thanks 🙏
@ipo share ,this is a fundamental sound stock . people are running behind dronacharya purchasing at costly which is double the ipo price ,but all technology is available now at just a premium of 25% i think this will prove another gem like varanium by March 2023. I am arranging funds to buy all e tech 2 lots..lost trust on main board IPOs .this all etech is much better than any recently listed sme and mainboard . expected target by March 2023 is atleast 400
225. Takamichi| Link| Bookmark|
December 22, 2022 10:15:11 AM
IPO Mentor (800+ Posts, 700+ Likes)
This panic selling in sme will push the listing price down for some time now ..... True face of smes.... Mainboard has hardly seen any panic and sme r already under selling pressure that too of high intensity..... Those who have been in sme for a long time have made enough profit won't be much bothered as they r still overall in green and those who started going to secondary sme market recently will see how sme drains ur wealth..... Even good smes r under heavy selling.... Hope it stops soon
Majority of the main board IPOs are bleeding.i nad many others have incurred huge losses in dharmaj ,,dreafolks,uniparts etc.This is a just a starting.in few months heavy bleeding will occur .that will be stabilised again after few months.
See the fate of vital.i have closed it with 20k loss and now it's in 50 k loss for who have purchased on listing day or next few days.today also it is down.see the fate of phantom and many sme ipo.so i told to book profit for this and review or purchase after market stabilises.