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AMIC Forging Limited IPO Message Board (Page 8)

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2. Priyanka Meghwal |   Link |  Bookmark | November 24, 2023 9:49:40 AM
Top forging company Bharat forge have 5-6% PAT margin and this company showing 10% in June financial..not possible at all.. khul jhol hai and Kolkata ki company to doubt or bad gya
2.1. NeoLongus |   Link |  Bookmark | November 28, 2023 7:47:30 PM
IPO Mentor IPO Mentor (800+ Posts, 400+ Likes)
With all due respect, possible to have higher PAT margins in this industry and I'd hazard to say that Bharat Forge isn't the gold standard here. I personally know some well run companies in the space with much higher margins.

Keep minting!
2.2. Anuj agarwal |   Link |  Bookmark | November 30, 2023 12:08:41 PM (300+ Posts)
See Sona blw margins... Forging biz has many verticals ... Precision enjoys good margins
1. Vnrao |   Link |  Bookmark | November 23, 2023 6:49:47 PM
Top Contributor Top Contributor (500+ Posts, 200+ Likes)
Fundametals are excellent. Red flags are Kolkata based Company and Gretex.
3.1. NeoLongus |   Link |  Bookmark | November 23, 2023 9:39:41 PM
IPO Mentor IPO Mentor (800+ Posts, 400+ Likes)
Yes - Definitely looks very decent based on financials and valuation. A big daddy from the space, Happy Forgings, will also be going public soon on the Mainboard.

Keep minting!
3.2. newgen consultancy |   Link |  Bookmark | November 24, 2023 11:51:28 AM
IPO Guru IPO Guru (3400+ Posts, 6600+ Likes)
I am also waiting for Happy Forgings IPO from a long time
Hope it is declared soon