Always beware of the registrars also as tey took alot of time in allotement and then the timing of the rotation is disturbed and sometimes u have to miss out on certain good IPOs. so think twice and always look out for the Registrars also.
No details about the last three years performance. Net profits of these years can guide us for investement. as such the fixed price IPO are a risk. e.g. Circuit system in the present day infrastructure bill run all these minor companies are taking the advantage of the investors interest in the group. So beware of investing without analysis.
Gentlemen from west Bengal can thro some light on this company to help investors to take a decision in subscribing for this issue. Seems to be good with ISO tag & that to with SREI as lead managers to the issue. the timing of the issue is not suitable to many whose money is locked up in dirty ipos which have neither finalised allotments nor informed about it.
I think it is always better to avoid fixed price IPOs. First ,they take more time for allotment and second ,also more time for money refund. it is better to trade in secondary market. In future ,I will not go for fixed price IPOs.
I'm really gettin confused - too many IPOs and not enough money to invest. I guess in a way it is a blessing in disguise, as money will get equally distributed in all these IPOs and it would not get awfully oversubscribed :-)