Energy-Mission Machineries (India) Limited IPO Message Board (Page 2)

Good going! Multibagger on day1.

Congrats listed at 366

Congratulations @Yash Yd

Sold at 366 thanks to all.

Should I place limit pre order at 138 price so my share will be sell at opening price around 270-280.please correct me if I am wrong.

Yes, correct.

PRE OPEN SESSION STRONG DEBUT AT RS 524 OFCOURSE WE HAVE TO WAIT TILL 10 AM TO SEE THE ACTUAL LISTING PRICE

450+ ???

Energy Mission Machineries Ltd NSE SME IPO.
NSE Code:-23748                              
Symbol:-EMMIL
Group:-ST
ISIN:-INE0S1L01013      
Issue Price:-138/-
Market Lot:-1000 Shares
Face Value:-10/-
Listing At:-NSE SME

I am a student preparing for upsc I got allotment no need of money now.But I fear what if profit gone so please advice whether me should sell it on listing around 10pm or wait for 6-8 months or more.Please all senior members guide me 1st time I got allotment .what should I do please.

​@Yash Yd Keep it for long term. This is a portfolio stock will multiply your money over a number of years.

As a former upsc aspirant I am advising you ,book profit and leave .if u r serious about UPSC don't see the stock market untill goal reached .don't keep these deviations life will be wasted.concentrate on study and prepare for other competitive exam parallely.

I have done analysis of this IPO and my conclusion this is a portfolio stock in SME. So whoever got allotment hold it for long term for the reasons as mentioned below:-

1) P/E:13 whereas its peers are trading at much higher PE.
2) ROE, ROCE, EBITDA Margin, PAT margin are higher than peers.
3) IPO proceeds are used for Capex which means increased revenue and profitability.
4) Company based out of Gujarat where the policies are investor friendly.
5) Revenue is diversified throught India (Industrial states Gujarat, Maharastra, Karnataka cumulatively add upto 40%) and also the products are exported to US, Arab countries, Nepal etc.

Note: Those looking for short term gains and cannot withstand volatility can sell between 340 to 370.

1) who are the peers? Why they trade at higher multiple
2) are these margins sustainable, why ? What's the competitive advantage they have?
3) not all capex means higher profitability - is it margin accretive? Could you share details.

What multiples are fair? What are the growth projections you are assuming for the next 1, 2, 3 years in valuation?

My only intention of asking these questions is for everyone's benefits. We would be thankful for your analysis on the business, please do share.🙏

Some wise words by a learned person:

Seven out of 10 SMEs are overvalued even at the IPO Price.

As Per SME Veterans most of them likely Trade below Issue Price after One Year or so.
If You get an Allotment in SME, Just Do Two Things. Thank the Buyer & Exit

​@Unknown Man How about those 3 SME IPOs. They turn out to be multibaggers and multiply the money by 30x, 40x, 80x... So, it is always better to analyse the business, company and growth prospects and then take a decision.

Few examples - Bondada, Oriana, Kotyark, Insolation, Aditya Vision, NPST, Gensol and so on.. All these came as SME IPOs and given 20x or more returns.

If 100 SME companies get listed,

10 will undoubtedly go bankrupt/engage in malicious activity (its capitalism & part of the game)

50 will go side ways.

35 will give positive (mediocre) returns.

5 will be big time winners.

So yes, those 5% will give multibagger return... All the best!

Applied 1, Allotted 1.
Should I hold for long term or book the listing gain?

​@Abhaykk Keep it for long term. You will never regret.

This is a good company to keep in portfolio. People who were lucky to get this allotment should not be in hurry to sell it on listing rather keep it for long term to realize max profits. Slow n steady wins the race.

Money unblocked in any bank ?

​@Vimal Garodia My ICICI UPI still blocked.

​@Noobtrader Mine was unblocked in the morning around 9 AM..
Suggest you wait 1 more day, if not then contact your bank and also email registrar with all the details..

After 1 and half year got an SME allotment in 1/14. Congratulations to all allottees .

After many average IPOs, this one from the house of LM Hem seems really good financially.

More than double listing expected. Can go further up in short to long term.

Congratulations

​@M Gupta Sir.. at what price it's risk reward ratio will favourable.. Listing price was higher side so avoid buying today.. But have a intention to buy it later.. Please through some light .. Thanks!!

After 2 years of waiting, Alloted first time 1/12 lot in SME

Bank of Baroda funds still blocked ?
Usually BoB release funds timely, but this time it is still blocked.

0/3 . luck will favour any time. Congrats to all the Shareholders.

0/2 retail.

last 2 years no allotment in SME IPO.

Noo Allotment

I APPLIED FOR 8 LOTS GOT 1 LOT ALLOTTED.YES I WAS ALSO UNLUCKY FOR A LONG TIME IN SME IPO BUT THIS TIME LUCKY.

ITS PURE LUCK AND I DONT THINK WE CANBLAME REGISTRAR