This is a risky issue since lot size of 8000. Anyone would be skeptical. Why do they want people to make investment of INR 1.44 lacs when they could have allowed INR 1.26 lacs or INR 1.08 lacs?
I spent good time on their website...there is no eye catching information and most of the information''s are not updated...Awards & Recognition...Clients views in their letter heads...Who are all Indian clients...Employee get together...Office photos...Building photos ....Nothing available..Analyst Mr Dilip Davda sir says "Subscribe" please do not follow..
Even old Annual Reports copies area also not flashed, we do not know who their auditors too ??
He said Subscribe ANG Life / Ganesh remedies only listing lossess He said Avoid/Caution on S Brands / Silly Monks given extraordinary results
Dear all, you also dig more information about any SME IPOs from Bangalore / Hyderabad and Middle east / friends before subscription. SME issues are not SEBI monitored
VASA is better than Focus. VASA and Focus have almost similar market cap at offer price but VASA have better sales and stability. Focus have much lesser sales so it is highly risky and much lesser margin of safety. Current market is highly volatile and recently launched SKS textile has washed the investor’s money. Small cap and micro cap companies now under pressure, investors are shifting money from small, micro cap to Large cap companies. So it is better to sit with money than such risky micro cap companies. Market will give much better opportunity in future
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January 23, 2018 6:08:19 PM
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