I feel this is a good IPO, since the company is from the cable industry- not the retail or distributer market of cables but the project business. Each and every project requires cables, and in huge quantities. The company has an excellent clientele and a niche product mix.
with huge growth in Power, cement, steel, oil and gas and other infrastructure currently, this should be a good company to invest. Search in http://finance.google.com to get some more info about the company.
HI all, Ever heard of this lead Manager Collins Stewart Inga Pvt Ltd??? No mention of their website.Where have they come from all of a sudden!!They have named themselves like this to give an impression that they are from Videsh.
Industry leader Finolex cables is struggling in the market.Market is getting flooded by Chinese imports and Me Too brand of cables.Havells,Anchor are all in the same line and from along time.But Cords, not heard of.Wait,watch and plunge.
HOW IS THIS IPO? HOW IS THIS CABLE INDUSRY? WHO ARE ALL ITS PEERS? WHAT ARE THE CHANCES OF GOING DOWN? EVERY ONE CHARGED UP FOR REL. IPO. WHO VIL APPLY?
issue is good.Client Profile is very good.Although a lot many issues are coming up but seems no harm in applying this issue.At least 45-50% Listing gain is Expected.