@CA Dhiraj Ramchandani @ValueSeeker Hmm yes clientele & sector is good, but that's not convincing to me with high PE & declining revenue. Couldn't get 100% clarity on booked orders / forecast for this year from RHP - they are delivering ~45 Cr of projects currently, but not sure if that's already booked revenue or not, and new tenders bid for currently is only ~21 Cr (not yet won, no clarity on historical win rate). So unable to get a handle on what revenue will be this year.
Will also be subscribed heavily looking at numbers - so will skip this for other IPOs closing today.