Esconet Technologies Limited IPO Message Board (Page 6)

repeat and cutpaste of my own message from other forum
My IPO pref among current lot of SME IPOs with reasons (Kindly correct me/ advise me if someone has different view, for the benefit of the members of the forum):

1. ESCONET
Positives : Reasonable issue size, Good & continuous increasing GMP trend, Good financials, reasonable pricing (according to sector)of 17 PE , excellent track record of LM, riding the IPO boom. There is a ready demand in GMP for this share, anytime.

2. THAII CASTING
Positives : Big size, Good GMP, Good Financials, reasonable pricing of 12 PE, excellent track record of LM, riding the IPO boom.
Negatives: Big size, GMP trend static. GMP available only in a few pockets, not everywhere.

3. ATMASTCO
Positives : Easy to get allotment due to - Biggest in size (This can be considered both positive & negative), Easy to get allotment due to -No QIB quota (Again, This can be considered both positive & negative), Good Financials, reasonable pricing of 12 PE, Company in Fancy sector,.
Negatives: Poor track record of LM. Low GMP. Negative trend in GMP. Some times GMP buyers are not willing to buy even at curre nt rates. Final decision can be taken on the last date after having a look at the GMP.
HNIs should wait till the last before making an application.

I am unable to make any comments on Kalahridhaan Trendz & Interiors and More, as of now.

Thanks for reading such a long post.

Regards

​@GrayIsTheNewBlack Sir
You are absolutely right.

No one ready to sell @ 80/-

Lead manager of this Company has very good reputation of coming out with good quality IPOs which perform good at the time of listing and post listing.

To name a few, Alpex, Rockingdeals, Oriana, Crayons, Droneacharya, Phantom, Annapurna are its past managed IPOs. Offcourse, one or two underperformers are there, but overall, quality of companies this lead manager is very good.

This will oversubscribe heavily and should do good on listing / post listing as well.

I am applying Full Force.

PS: This is not a recommendation to apply, as anything can happen in SMEs IPOs.

Thank you @M Gupta Ji..
Your inputs & gmp informations are very usefull..
Keep informing.. Sir !!

GMP 62/- buyer (as such no seller even at 65/-).

LOSS MAKING COMPANY FROM 2019-20

SEE ANNUAL RESULT ON THERE WEBSITE

https://www.esc.co.in/annual-reports

AVOID CANDIDATE.
THIS IS LOSS MAKING COMPANY FROM 2019 AS PER ANNUAL RESULT ON THERE WEBSITE. REFER THIS LINK

https://www.esc.co.in/annual-reports

If we take last 3 years' performance, company has been profitable in the last 2 years i.e. in 2021-22 and 2022-23.

Current year 2023-24 will also be in profit.

5 SME IPO will be list on same day, so fund crisis will may happen. This factor also we seen recently for some main board IPO JANA SFB, Capital, Rashi. this is one of the passive risk factor.

Decent financials. Good LM. Must apply candidate. Think this ipo is poised for good subscription numbers

Must apply ipo

next sme ipo to to apply from perspective non looks impressive in terms of GMP which ipo should target next from the list ... which ipo should apply... @newgen consultancy @Tejas Pandya @B.M.SURANA

Looks good on first sight. Excellent RoE. Fancy sector. However, they are not really into supercomputing space, looks more like high performing servers to me, so comparison with NetWeb might not be apt. Marquee clients inspire confidence.