Ekennis Software Service Limited IPO Message Board (Page 2)

Recent financial performance is reasonable and only 250 lots available for subscription and hence positive listing is possible.

But apply only if you are absolutely confident of your ability to exit in pre-open on the day of listing, otherwise it is very likely that you may be stuck with this stock for days in LCs due to prevailing environment.

Suno sabki par karo sirf apne man ki.

Suno sabki par karo sirf apne man ki.

@Learner SK

My post may appear too simplistic but IMHO someone needs to handle two separate aspects effectively to be successful in selling in time:

1. Ability to manage their greed and taking a firm decision about selling in pre-open with reasonable (not exorbitant) gain. Most of the time we are unable to take firm decision and remain somewhat double-minded till last moment because we continue to believe that since we own the stock, it will give even higher return post listing and that is what is known as our "inability to manage our greed".

2. Communication Infrastructure to implement our decision quicker (faster) than others. If quoted selling price is same for multiple investors then as always orders will be executed based on FIFO (First in first out).

Please understand.......we always have the option between
1. Sacrificing some gains but realize profits in our accounts.
2. Continue exploring higher gain and in this case we may struck gold in some case but in some cases we may be stuck in the stock for quite a long term.......

Once again...choice is always with US only problem is WE JUST CAN'T MANAGE OUR GREED AND FEAR EFFECTIVELY.

It is just an honest opinion which I know will appear too simplistic to quite a high number of investors on our forum.

@Learner SK...
Do you have any experience when your selling quoted price (in pre open) is lesser than EQ price but even then your offer is not executed (in pre open) ??

Need Experts' advise

I have 2 pending mandate available for Ekkenis,
Should is it right decision to accept 1/2?
or avoid to see this war conditions?

Applied 25 lots .50% chance to get one .Anybody applied 25 lots.

@IPO Bhakt... I did not get allotment against my 25 lot application.
I hope you got one lot..
Do inform...

Alloted 3 lot.

@Avenue, Best of luck.

Not applying Russian market down by 50% today so skipping it.

@ Arca

Sme ipo me khuch bhi ho sakta he
See madhavbaug

@krupa
You are just taking about only good listing
we don't we talk about bad listing richa???

Even this ipo may do good because of huge hni subscription all the best for who applied👍🏻.

@GJ
Thanks for the support 😊, i hope everything becomes normal.

@Noorul boss what is your strategy?

@MRavi,

After some technical rejection,
You will atleast get 1 lot for sure.

I applied for 2 retail applications.
Pure lottery, let's see.

Looks like settling at 37x.
I am atleast in 50%+ category so will not be like Lokes case where in one recent IPO he was sole applicant for 42 lots and did not get any.

Only a last few IPO left till 31st March, wherein you can forecast, calculate and apply to get one lot and I wanted to use that. Scenes are gonna change completely from 1st April...

ICICI not showing this IPO.
anyway I can bid on this.
I don't have upi linked to ICICI account. :(

I am sorry, I actually applied before 3:00 pm, the cutoff time for SME IPO in all categories. Now as 3 pm has passed they would have removed from IPO list.

You can still apply via edelweiss guest option.

@CAAditya,

Try this,
https://www.edelweiss.in/new-issues/ipo-listing/ekennis-software-service-ltd-ipo-76447

"Apply as a Guest" using UPI

if subscriptions are good in this, say above 20X atleast for this ipo size, then will apply for listing or short term purpose only....
With 11 PE, issue looks reasonably valued now not much expensive but since company is not all into software field, so doesn't look like it can grow much in longer term.

agree, listing around 90 .

@dinesh: looking at its price movement, it looks it would be good if you have hold 1 lot as i informed above :)
Soon it hit upper circuit on first day also after opening.

Bloodbath in SME IPO index.

Today Russian market went down by 50% , comparatively our market is better today.

what to do .. Apply Or Not Apply

What is final views
Apply or not apply??

I have few doubts regarding this company since you are from Bangalore and seen this company are they only providing ERP training or they into building & providing support services.
It would be helpful for everyone

CA is an expert in many areas which other people aren't
No one can be an expert in every area..

😂here people concerned about ipo and valuations
Let us leave it aside , going out of topic.

Just a question. Why I am not seeing the option to bid on Ekennis Software IPO from Zerodha?

It is bse sme, zerodha only shows nse sme.

Try Edelweiss apply as a guest upi or apply through net banking.

hni subs likely can cross 30x because of small size ipo...good bet if subs>20x in hni, and in retail >10x

Totally avoidable

More than half of the money will be wiped out

Lets see the subscription. If it goes more than 30x which is likely here, it may be considerable buy.

This IPO getting listing on 7th March which is too delay. Possible your money will block if hits LC on listing day.

Hold all our money since LIC IPO will be open during this time.

Apply with full force.🔥

Guys need a little help on the latest results for Ekennis for the "Period" 15-Jan-22 ----> Does this mean these are 9 months of results? How does that even make sense with 9 months ending at 15-Jan (mid of Jan) and the year ending at 31-Mar. If these are indeed 9 months of results .. these are NOT good financials at all!

They can provide uneven dates don't know the reason behind it( seen in few IPOs also ). Take it as 9.5 months. Financials are good if it was a IT company but it is simply a SAP training company. No better than a coaching institute 😑

Sab log apply karo listing gain milega isme.🤑

HI Friends,

I located Bangalroe/Electronic City where this company located. Its just 1 KM away from my place.

My personal observation :

1. Their core business into SAP training
2. Their office apartment / rented basis
3. Very few staff in the company.

going through comany profile and DRHP and DD review this IPO heavily priced.

Avoiding this one

FYI - Please take care your individual opinion.

Yes only training no core IT services. Mostly a printing company.