Hi All, This is a high risk issue.Too many businesses which can be a hit or miss.Promoters may be qualified but not financially strong (like Idea/Advanta/Fortis/GBN/ICRA/Mahindra) to take care of the market variations.Advertising hoardings that too with LED with moving images will be a disturbance to the motorists according to authorities and will not get permission to set up sites easily.Moreover instead of just manufacturing the items, the company wants to do everything themselves ie get sites,permissions,get clients,rent out, collections and maintain etc which will involve too much of logistics.Also want to run theme parks which is a non tech area.Only in the latest year just before coming out with this IPO the profits have jumped.So you don't jump and apply.Many better ones will hit the market shortly.CAUTION is the byword.
I dont hear about this company. whih brand tv/lcd or electrionic equipment it make. it is definetaly not onida brand. know about the company and then invest.