There are number of listed companies engaged in production of yarn such as Abhishek, Nahar, RSWM. These companies have sales in thousand of crores of rupees and are available at throw-away prices
SEEING THE TEXTILE MARKET THE ISSUE SEEMS TO BE WEAK BUT ON ANOTHER SIDE THE RATES OF YARN ARE INCREASING DAY BY DAY.. ON AN AVERAGRE THE IPO MUST WORK
What a fool company is this. Sales of Rs.56 cr and IPO of Rs. 144 cr. I think these people have gone mad and making a mockery of the IPO market. Another flop issue