review kharab he... kuch chuninda log grey me kaam kar rahe he.. bech ke bharna 😄
18. Ou Ai| Link| Bookmark|
August 18, 2022 4:50:21 PM
Top Contributor (300+ Posts, 300+ Likes)
A distinguishing feature of this company is its name with "IndiaBull". The logo with a green background is with same shade as India Bull Finance several years ago ! Even now new logo sports green. Promoters of India Bull Finance are from Rajasthan. India Bull Finance IPO issued IPO with 2 FV share 15 years ago at Rs.19/-. it turned out to be multi bagger due to issuing free shares in IB Real estate, IB ventures and IB retail , added with quarterly dividend till the IB finance ran into some trouble. Recently promoters sold stake in IB home finance.
Several members from Jaipur mentioned here of knowing this company HQ in Jaipur. Is this anyway related to erstwhile promoters of India Bull due to above similarities?
I am From Jaipur but I didn't know about this type Company and its Business Model also unknow
18.3. K.Atar| Link| Bookmark|
August 19, 2022 10:35:43 PM
IPO Guru (1000+ Posts, 700+ Likes)
@Small Investor Thanks for the information, I asked since never heard of this company and not much information available online, and by website we can't know much about it. Let's leave it for the last day. We have more IPOs to look into.
I am not saying this company good or bad, Also financials doesn't look that bad too at least on paper, Covid impact can be understood and recovery also seen, Products are listed on Amazon (Nice packing) aswell, very few customer reviews are available, which indicates, it started selling at Amazon just recently or it is failing to garner customers.
For SMEs, real intension of the promotors Should matters a lot and it is very difficult to analyse by a normal retail investors.....
Just check the present condition of similar company Valencia Nutrition Limited which listed at BSE SME in Just 2 years ago (Jan 2020), now became dormant within two years period...
It is really big puzzle to understand an SME company is really doing a genuine business and coming without any malafide intensions to loot the public.
I am not applying as per my risk profile and Happy to see if it Lists Green and gives good profit to investors.
Two concerns for me; 1. Promotor stake is very less 2. Gaining customer acceptancy takes lot of time and effort for the new startup companies especially dealing in liquid based drinks / fruit based products (People tend to move towards Brands considering Risk point of view, ex: Microbial contaminations, Preservative contents etc.)
Another side of this issue: This script can be a Fully Operators play, can take to any direction limitlessly.
13. KAPPO| Link| Bookmark|
August 18, 2022 12:09:56 AM
IPO Guru (1200+ Posts, 800+ Likes)
@ ARJUN RAJKOT YE 7 RS VALA PREMIUM NAHI HAI MAINE KHUD NE APPLICATION BOOK KARVAI HAI IN AHMEDABAD AUR MUJHE JHOOT BOLNA PASAND NAHI HAI
Promoter is chor........farzi allotment of share to poor cheap people ......and check Drhp.....180 poor people alloted share.......
Avoid che ......10 Cr ipo......income only 11 cr....che....
Big avoid. same Promoter of Debock....... Debock listing very bad.... company first said will work in entertainment industry then in garments niow selling ladies napkin and sanitizer asking 10 Cr from public it will looooottttt kooooott investment...
Big avoid
Donot apply
All address of workers are fake ... 0000 inventory.... 9 only employees...
Just a message for finshore..... Do something for fone4 bro.... The share is in mud.... Atleast give it a pump for some respectable exit for players who kept holding it in hope.....