Why to avoid- 1. New And Fake members recommending this IPO 2. SMS & WhatApp circulation 3. Financial performance is a joke. 4. Company is a Paper company. This website was created 3 days before their DRHP was filed, a marketing company incorporated 5-10 years back is making their website just before filing DRHP? (by @vineeth pali) 5. Promotor family member & associates gone to jail for GST fraud. 6. This marketing company has 0 client revenue & 0 service revenue. Full Paper Company
@ RajaBanks: I'll be thankful if you can plz guide me on how to obtain such information as a newbie these little yet most important things can lead us to take a firm decision. For eg. You have mentioned in point 6 that the company has 0 revenue but CG Team has provided their yearly revenue data.
PEN & PAPER Revenue brother. Farzi kaam. Kagazi karwai. Itne sal se company khuli hai wo bhi marketing industry mai and website DRHP file karne ke ek week pehle banai? I hope you know that marketing companies often use their websites to showcase their portfolio. Ask around and let me know if they have any real clients. Also check their BALANCE sheets, the revenue which came in was from individual shell companies (suspected money laundering). Itni badi marketing company hai 1-2 toh genuine client hone chahiye na bhai.
6. phrao| Link| Bookmark|
September 21, 2022 5:00:33 PM
Top Contributor (400+ Posts, 500+ Likes)
Maagh Advertising And Marketing Services
As of the date of filing this offer document, it had 14 employees on its payroll
What a joke
Just simple , ie. Loot money from Blind investers,
Caption:- BLIND RII's ARE THE .,,......... TO SOME SME IPO'S
6.1. IProfitO| Link| Bookmark|
September 22, 2022 9:07:55 AM
Top Contributor (200+ Posts, 100+ Likes)
Globesecure technology company has 3 employee and people commented the same thing .See what the price is now .SME purely a operated game so anything can happen .
PURE PAPPER COMPANY. I have been working in this industry for past 10 years, havent heard of them. Moreover their website was created 3 days before their DRHP was filed, a marketing company incorporated 5-10 years back is making their website just before filing DRHP? I hope you guys got the hint, please AVOID this one.