Enviro Infra Engineers LTD IPO

[sjmajumder]

After a long time seeing a decent 25% GMP on any IPO. Should I apply?

Enviro Infra Engineers LTD IPO (22-26 Nov)
IPO Size: 650.43 CR
Price: 148
GMP: 38 (25.67%)
Lot: 101
Bid Amount (1 lot): 14,948

 

[Gold]

After a long time seeing a decent 25% GMP on any IPO. Should I apply?

Enviro Infra Engineers LTD IPO (22-26 Nov)
IPO Size: 650.43 CR
Price: 148
GMP: 38 (25.67%)
Lot: 101
Bid Amount (1 lot): 14,948

Yes ,
If you get it gain only.
No loss. But availablity is the issue.
I got it waree and sold it

 

[Tonymathew]

1 lot yes

 

[sjmajumder]

1 lot yes

I generally apply 1 lot from 4 different accounts 🙂

 

[Tonymathew]

I generally apply 1 lot from 4 different accounts 🙂

Not worth the risk for this.. 25% gmp is minimal. So one good downfall can wipe it . So applying 4 different lots, I guess gmp should be more than 50% to respect the risk reward

My opinion only, ☺️

 

[Dreams Of Desire 💓]

Waiting for 3 days period to see the jump either direction.
Hope any psudo news of adani involvement does not circulate.

 

[sjmajumder]

Not worth the risk for this.. 25% gmp is minimal. So one good downfall can wipe it . So applying 4 different lots, I guess gmp should be more than 50% to respect the risk reward

My opinion only, ☺️

25% GMP in this market looks reasonable to me. Additionally, till date I have not received allocation in any IPO in more than one account (apart from BajajHFL where I got 2).

 

[sjmajumder]

Waiting for 3 days period to see the jump either direction.
Hope any psudo news of adani involvement does not circulate.

Yes, I am doing the same too.

 

[sjmajumder]

Yes ,
If you get it gain only.
No loss. But availablity is the issue.
I got it waree and sold it

I am holding on to Bajaj HFL and KRN Heat Exchange.

 

[sjmajumder]

After day 1

RII - 1.68x
Total - 2.05x

Nifty ⬆️ 550 points

Hoping to see a surge in the GMP by Monday.

 

[Riya Sharma]

Thoughts on c2c Advanced Systems? It has a GMP over 100% right now. Will It be easier for me to get allotment if I apply in Retail (135600) or if I apply in HNI (>2lk)

 

[sjmajumder]

Thoughts on c2c Advanced Systems? It has a GMP over 100% right now. Will It be easier for me to get allotment if I apply in Retail (135600) or if I apply in HNI (>2lk)

Sorry, no experience in SME

 

[kuchbhi]

After a long time seeing a decent 25% GMP on any IPO. Should I apply?

Enviro Infra Engineers LTD IPO (22-26 Nov)
IPO Size: 650.43 CR
Price: 148
GMP: 38 (25.67%)
Lot: 101
Bid Amount (1 lot): 14,948

thinking to apply!

The Enviro Infra Engineers IPO is moderately attractive, offering reasonable valuation at a P/E of ~17x, solid financial growth, and a strong foothold in India’s water infrastructure sector. Despite manageable risks like moderate debt and project execution challenges, the company's track record and market prospects make it a suitable choice for the most part!