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Empyrean Cashews Limited IPO Message Board (Page 2)

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3. Ravu |   Link |  Bookmark | March 19, 2022 10:23:48 AM
IPO Mentor IPO Mentor (700+ Posts, 400+ Likes)
Looks risky. Post issue holding is around 40%
2. Ravu |   Link |  Bookmark | March 19, 2022 10:16:40 AM
IPO Mentor IPO Mentor (700+ Posts, 400+ Likes)
@Experts,
Please share your views.

Cashew industry was good in earlier days, However now they are facing issues. Half the year is good time to mint profit but the other half they struggle. Lot of units got closed during pandemic however who stand strong they are making profit now. This is my general view on cashew industry ,
1. AMIT IND |   Link |  Bookmark | March 19, 2022 10:15:29 AM
Top Contributor Top Contributor (600+ Posts, 100+ Likes)
Here sector in which company is in has high competition from small and un organized sector. It is asking price of Rs 37 for a constant Eps of 0.46.
Interest outgo is high as debt is also on higher side. Post equity holding is also not very encouraging.