Electro Force (India) Limited IPO Message Board (Page 1)

32. PPPSSS | Link | Bookmark | January 1, 2024 11:49:39 AM

Any reason for continue uc as it was not subscribed much, but still on uc, any latest news...

32.1. rohiitian | Link | Bookmark | January 2, 2024 9:00:49 AM

IPO Mentor (800+ Posts, 500+ Likes)

@PPPSSS Retail / HNI subscription is not always corelated with listing gain / UCs. Many buyers can only come in post listing, especially when there's no QIB. Electro fundamentals are excellent, hence there appears to be some sustained demand.

31. rohiitian | Link | Bookmark | December 27, 2023 9:00:11 AM

IPO Mentor (800+ Posts, 500+ Likes)

Listed at 100, not bad for a weakly subscribed IPO with easy chance to pick up multiple lots, when other IPOs are subdued.

After studying other large SME IPOs without QIB (Proventus, Khazanchi, CFF), they all hit UC on day 1 after a slight listing gain. Let's see if this also will do the same.

31.1. rohiitian | Link | Bookmark | December 27, 2023 10:58:03 AM

IPO Mentor (800+ Posts, 500+ Likes)

Took a while, but it's hit a strong UC with very strong buying volumes 🚀

31.2. rohiitian | Link | Bookmark | December 27, 2023 10:58:41 AM

IPO Mentor (800+ Posts, 500+ Likes)

Will hold my alloted lot for a few days

30. Ram Bhakt | Link | Bookmark | December 27, 2023 9:09:34 AM

Sold 1 allotted lot at 105 today. Keeping one for long term given great fundamentals + fancy sector.

29. ARJUN'S EYE | Link | Bookmark | December 27, 2023 8:20:33 AM

IPO Mentor (700+ Posts, 600+ Likes)

Electro Force(India) Ltd NSE SME IPO.
NSE Code:-20902
Symbol:-EFORCE
Group:-ST
ISIN:-INE0Q1W01012
Issue Price:-93/-
Market Lot:-1200 Shares
Face Value:-10/-
Listing At:-NSE SME

28. JSK✨ | Link | Bookmark | December 25, 2023 11:15:42 PM

IPO Guru (1600+ Posts, 900+ Likes)

This SME IPO may surprise all 📢📢📢

27. rohiitian | Link | Bookmark | December 23, 2023 11:53:54 AM

IPO Mentor (800+ Posts, 500+ Likes)

Allotment out on registrar website

26. B.M.SURANA | Link | Bookmark | December 23, 2023 7:50:05 AM

IPO Guru (2600+ Posts, 4900+ Likes)

📢 GMP UPDATE SME IPO*
Electro force: Nil
Shanti Spintex: 8/=
Sahara Maritime: Nil
Trident Tech labs: 41/=
Supreme Power: 48/=
Indinra: Nil
Sameera: Nil
Balaji Valve: Nil
Kay Cee Energy: 29/=
AIK Pipe: Nil
Akanksha Power: 16/=
HRH Next: Nil
MCPL: Nil

(As Heard from Various Brokers or Grey market dealers From Jodhpur Beawar Kolkata)

26.1. B.M.SURANA | Link | Bookmark | December 25, 2023 2:59:47 PM

IPO Guru (2600+ Posts, 4900+ Likes)

✍🏾GMP UPDATE SME IPO
এবার খেলা হবে⚽ কি না কিছু বলতে পারি না!

💡Electro force: 0⃣
😶Shanti Spintex: 13/=
🆘Sahara
🚣Maritime: 0⃣
🔱Trident Tech labs: 46/=
👨‍⚖Supreme Power: 52/=
🇮🇳Indinra: 0⃣
🧲Sameera: 0⃣
🕉️Balaji Valve: 0⃣
⚡Kay Cee Energy: 32/=
🪈AIK Pipe: 0⃣
💪Akanksha Power: 15/=
⏭️HRH Next: 0⃣
😘MCPL: 0⃣
Koi bhi Maal lao maal lao nhi kar raha hai
😅😆😂

25. Ipolala | Link | Bookmark | December 22, 2023 4:00:25 PM

It will definately list at more than 15%. Good financials and promoters.

25.1. SAMJO HO HI GAYA | Link | Bookmark | December 25, 2023 2:25:36 PM

I THINK SELLING PRESSURE WILL BE THEIR AS THE ISSUE SIZE IS LITTLE BIG COMPARE TO OTHER CURRENT SME IPO.
COMPANY IS GOOD.

24. Gulla | Link | Bookmark | December 21, 2023 5:31:23 PM

GMP came down at Rs 2/- only

23. GJ 😀 | Link | Bookmark | December 21, 2023 4:05:37 PM

IPO Mentor (1600+ Posts, 400+ Likes)

Electro Force India IPO,
Skipped FF

22. G profit | Link | Bookmark | December 21, 2023 3:41:46 PM

IPO Mentor (1000+ Posts, 200+ Likes)

Not convinced. Not applied.

21. Noorul | Link | Bookmark | December 21, 2023 2:44:46 PM

Not applying. I m keep myself away from it.

21.1. Agrawal S | Link | Bookmark | December 21, 2023 2:58:53 PM

Top Contributor (700+ Posts, 200+ Likes)

With you @Noorul Sir

21.2. Agrawal S | Link | Bookmark | December 21, 2023 2:59:33 PM

Top Contributor (700+ Posts, 200+ Likes)

Sir, Any sme you are Targetting to buy in this dip?

20. rohiitian | Link | Bookmark | December 21, 2023 2:10:09 PM

IPO Mentor (800+ Posts, 500+ Likes)

Went with 1 application of 3 lots for likely assured allotment. Very solid fundamentals, amazing PAT (30%+ which is rare), while topline has tripled in 3 years. Struggling to find a fundamental reason to avoid outside of excuses like poor LM record, hence applied.

19. Sanchit Jain | Link | Bookmark | December 21, 2023 1:04:02 PM

IPO Mentor (600+ Posts, 200+ Likes)

Avoiding..

18. Agrawal S | Link | Bookmark | December 21, 2023 12:21:20 PM

Top Contributor (700+ Posts, 200+ Likes)

PROs: Decent Financials

CONs: Very Big size ipo + No Qib + Poor LM Record + Negative/Volatile Market Situation.

Only one option left i.e. Avoid. Don't wanna take any risk here, irrespective of GMPs or Subscriptions

17. G.K. Goyal | Link | Bookmark | December 21, 2023 10:13:24 AM

Avoiding.

16. Ipoaspire | Link | Bookmark | December 20, 2023 5:09:23 AM (300+ Posts)

Retailers stay away with this LM.worst worst performance.see past...GRAPHISAD is continuously LC...

Load more comments (1 replies)

16.2. Aaashish | Link | Bookmark | December 21, 2023 2:06:14 PM

Top Contributor (200+ Posts, 100+ Likes)

@Sanchit Jain

Bhai I know about 75% requirement, I think it's 3 years

Promoters can always decrease thier holding by OFS later on or selling in open market at higher prices

16.3. NeoLongus | Link | Bookmark | December 21, 2023 2:34:53 PM

IPO Mentor (700+ Posts, 300+ Likes)

@Aaashish ji only if the market cap of the company is greater than 4,000 cr are they allowed to reduce promoter shareholding to 75% over a 3 year window.

Keep minting!

15. ajnabeedost | Link | Bookmark | December 20, 2023 1:19:11 PM

for me Avoid. Too high IPO size for SME.

14. GrowYourMoney | Link | Bookmark | December 20, 2023 12:59:23 PM

Top Contributor (400+ Posts, 400+ Likes)

Skip it
Jhatka Zor se lag sakta hai

13. KAMMA SIVA RAMA KRISHNA | Link | Bookmark | December 20, 2023 8:48:32 AM

Not impressed with. Skipping.