This issue is poorly subscribed, & now it is understood that an infamous Amdavadi Broker who was involved in NISSAN COPPER has been mandated to get the requisite amt.of subscription.So u people,samaj rahe ho na...........ye issue me kuch garbad ho sakti hai...listing pe.I request u to put atleast 1 application & forget until the listing is done.
the company is beyond just contracting. It plans to invest a healthy portion in the real estate development area in rajarhat. I have been to Kolkata, and Rajarhat is the only upcomng areas like gugraon. Saying 12 acres of land and with IPO may be 50 acres of land in a gurgaon doesnt excite you, is narrow.
To your point of strapped for capital, that is one reason they are reaching out to us investors. PLus the way they are going to use the funds are in a positive more cash generating area. Not considering this is narrow.
They are posititioned in Eastern india with givernment JVs. That alone is big potential. Not considering this is narrow.
In general seems like a not completely studied blog. Not that I have studied the company fully, but from what I see, it is like taran adarsh says for Om shanti Om, a definite "paisa wasool"
Sorry to be little harsh, but first narrow comment (positive or negative) i have seen in a while