Sir does one think that when Flipkart is not able to compete against Amazon will a small startup like E2E will be able to compete against a giant like Amazon or Azure from Microsoft google or TCS or Oracle ?
Also one point why such high depreciation charges as high as 7 cr much more then the entire net profit of company ?? what will be the life of such depreciated asset ?only to 3 years and again such big investments will have to be made?? Whats the asset turnover of E2E?
Has some big customer recently left E2E n moved to Amazon as E@E was not able to provide quality service as per grapewine?? will the story not be repeated again n again with other clients?
Promoters are young well educated but they coming from first gen entrp dont have deep pockets to withstand such severe competition???
THIS SME IPO WILL VERY HEAVILY SUBSCRIBED BY BARODA OPERATOR VERY INTERESTING SUBJECT TO SAUDA AT 8000 LAST DAY IT WILL HEAVILY SUBSCRIBE VERY GOOD RETURN EXPECTED
18. COMMONMAN| Link| Bookmark|
April 27, 2018 6:54:04 PM
Top Contributor (200+ Posts, 200+ Likes)
In that Case Umang , I Believe They Must Be Working At Pantomath and They Must Be A Part Of Bringing Sme Of Maheshwari, Nandani .... Now They Left Pantomath & Opened Holani Cons and Now Came With This Sme. And They added As Their Profile.
18.1. COMMONMAN| Link| Bookmark|
April 27, 2018 6:56:50 PM
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This Is My Guess ... So I Am Considering Them As Start Up. And also Will They Be Able To Get Good Listing That Will Also remain a Question As Pantomath Might Play game At Listing.
@Commonman, First we have to find some information about L. M., before applying this ipo. Company sounds great I have gone through their investor presentation, it is growing at outstanding pace. Only problem is L. M. Whether this L. M. has worked with Pantomath or not???? We have to find out facts through different scuttlebutt.
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April 28, 2018 12:35:39 PM
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Umang, Also I Feel As LM Is New, So Retailer Will Try To Get Out On Listing Day, Forcing Selling Pressure,(Same Like Sarveshwar) & Will LM Put Buy Order @ Support Prise ??? To Avoid Downfall, Like How Pantomath Does To Save Retailer .... Altough Company is Growing at Outstanding Pace. Sme is All About LM .. How They Play ... You Must Have Understood what i am saying.
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May 4, 2018 5:00:28 PM
Top Contributor (200+ Posts, 200+ Likes)
Looking At Latest Subs Figure Today No Qib , And Very less Corporate,More Hni (Looks Its Insider Cartel Who subscribed) After Burning Hand In Sarveshwar, Rii Trying to Stay away. So Looks Listing Will Be Roller Coaster .
Glassdoor reviews doesnt inspire confidence.. many feedback about slower speed..competition is intense. Softtech got oversubscribed 30 times overall..should give guaranteed good returns than e2e..
What abt severe severe competition in the cloud space from MNCs with deep pocket?
Amazon leader for long.Google n Microsoft has entered the Indian SME mkt last year only.
Any moat or USP for E2E other then price?
iSNT THE ABOVE A SERIOUS CONCERNS?WONT BIG MNCS LIKE ABV EAT UP A SMALL FRY LIKE E2E NETWORK FOR BREAKFAST? ALSO ISNT OBSOLESCENCE A REAL & A BIG THREAT IN THE FAST CHANGING WORLD OF it?
WHAT ARE THE MOAT OR USP OF E2E OTHER THEN PRICE WHICH CAN DISAPPEAR ANY TIME AS BIG MNCS N INDIAN COS ALSO ACTIVE IN CLOUD SPACE HAVE VERY DEEP POCKETS??
It is sad to note that all of you are discussing only about the LM and not the merits of the company, its products, financials etc. be it E2E or any other SME IPO. LM's major job is to Lead Manage the issue upto listing i.e. due diligence, compliance related matters, etc. till listing. We think that LM is the person who the Leader in Managing the issue post-listing, just because LM is also the market maker. Kindly understand that as per SEBI's point of view, SME IPO is not for listing gains.
Well for many the decision will have to be made on the 3rd of May, reason being there is Softech and another by Pantomath, So if an average retailer goes all out for the ones closing on the 3rd May. He may fall short of funds as his/her funds will be blocked for E2E which is a good company with novice LMs and now to add to it "Poor timing" also.
Better to stick to known LMs like Pantomath Hem etc with a proven track record. Just remember Sarveshwar food IPO@85 with unknown new LMs went down to 58 on listing which gave HUGE losses on a single retail application of Rs 43000/- . Remember there has to be some buyer on listing to support the scrip leaving everything aside.
IPO size is also comparatively large at 22 Cr. Stay away n better buy on listing if u still like the stock where one may get a good discount.
Umang sir, Do you have any idea regarding the disastrous downfall of PC Jewellers today. Due to some unavoidable work, I have gone to my village. After my return, I have noticed the stunning closing rate. So much loss. What do you suggest? Whether to book loss or to hold? Please give me your advise.
Promoters "gifted" to "relative" that relative sold that in market. Now you can claim that promoter has not exited, at the same time he made money as well. Also if you gift more than 1%, the receiver has to disclose, hence smartly "gifted" only 0.8% i. e. 85 lakh shares.
Another thing I don't understand is, it is very unlikely the person to who it was gifted sold it right away. That would defeat the purpose of raising funds. With average volumes delivered before this was 14L, even if the new holder were to sell 3L daily, in one month he would have cleared it neatly.
The most unusual thing is that no shares are pledged also.
Todays delivery at 86L. So three day delivery at 2.3cr shares or 65% of all retail and small investors have sold off.