Emmforce Autotech Limited IPO Message Board (Page 10)

Emmforse ipo forms not available till now, tomorrow opening day.Admin or any body ..

​@Rajeev Newaskar They are available now, but, is it not better to apply online?

Admin, Emmforse ipo forms not available still now on BSE Web site.Can you or any one guide.Tomorrow opening day.

sub2 @4000 😒

S2 ..65k 🔥
Typo in previous msg..it was 40k

Ahmedabad meet

Any update for rajkot ?

Ahmedabad meet

Issue Type: Book Building
Revenue : FAIR
PAT : GOOD
Debt : Moderately HIGH
Overall Financials : Moderate
Company Valuation and Peer to peer Comparison: FAIR
Anchor Investment : YES
Product Market Fit : Good
Lead Manager & Registrar Track Record : Good
Apply: YES

Compare March 23 to October 23 as latest.

Admin why no response to latest repeat comment. PAT And revenue are for 7 months ,so no question of decrease.
Pl correct or if unable to compare withdra statment as " drop".

Greetings,
Thanks for letting us know that you'd like to compare the latest financial data with that of last year. However, our current approach focuses on comparing last year's financial data with that of the previous year in order to produce a year-on-year analysis. In this case, the comparison is for March 31, 2022, and March 31, 2023
Thanks for the feedback.

Thanks Admin,you are right,March to March comparison is proper way.

Coming Few Weeks Will Be IPO Loaded
Expected SMEs To Hit :

1.Tamilnadu Coke & Power
2.Finelistings Technologies
3.Aztec Fluids & Machinery
4.Rulka Electricals
5.Hometech Digital Limited
6.Paramount Speciality Forgings
7.Servokon Systems
8.S A Tech Software
9.Clinitech Laboratory
10.Macobs Technologies
11.Ganesh Green Bharat
12.Divine Power
13.Manglam Infra
14.Saketh Seven Star
15.Dindigul Farm Product
16.GEM Inviro Management

​@newgen consultancy Will it come between apr-june 2024 or FY2024? Plz guide

Any specific sme ipo you're tracking from this list or you've read the DRHP?

Seems A Good Issue

I Was Excited For This One Since Last 2-3 Weeks
Just A Issue For Me,
Earlier The Issue Price Was Expected At
85-86
Now It Has Streched to 98

Still Gains Possible

But If It Was 85,
It would have been Much Better

It's Almost An Apply 👍

Welcome back, Tanmay bhai.

Thank You
​@Dhairyasheel 
​@ValueSeeker

Quite liking this one!

Keep minting!

​@indiefluence ♾ ji - Other than what has been highlighted by @ValueSeeker ji, I quite disagree with how CG computes PE and I've pointed it out earlier to @Prachi @ Team Chittorgarh.com  but I also understand her/their constraints in providing a more arithmetically and fundamentally correct multiples.

Briefly, in my view, with about 8/9 cr PAT for FY24 and based on an equity value of 150 cr excluding the issue proceeds, it is fully priced but the growth is encouraging and at over 50% discount to Divgi which is 3x the size though not a a very well performing peer. Also, use of proceeds is for a plant which is functional since February 2024 with some additional tax benefits. There are other reasons too why I feel good about this but the above are few of the reasons.

Keep minting!

True, @NeoLongus bhai.
I too have pointed it out to admin team.
Apple to apple comparison not intuitively possible the way CG does it. And more so in SME IPOs, where current year broken period numbers are generally in a different orbit altogether.

Almost 40% 2022 to 2023.

Financial very fluctuated.

​@Hemarajsinh No issues on that front, the dip is likely accruing to their customer base situated overseas, where interest rate environment is high by the time the dip is made. Couple that with shift from fuel based to EV which is still evolving and has low adoption rate. Auto sector is more credit based on that basis. The rise in revenue afterwards is solely on basis of customer retention and the top 10 customers serving on repetitive basis.

Blind FF apply for listing gain.

​@Admin @ Chittorgarh.com @Prachi @ Team Chittorgarh.com Kindly rectify the description mentioned in Financial Information segment regarding revenue decrease and PAT dropping. Thanks

Highlighting this again to get it fixed. @Admin @ Chittorgarh.com @Tripti @ Team Chittorgarh.com

Seems to be a good one..