I think here it is rather more important to talk about this company than LM. Now While looking towards its Financials, it shows very surprising results. In the year 2016, its topline was 95 crs and bottomline 1.55 crs. Where as next year in 2017, its topline was almost the same as 96 crs and bottom line increases drastically to 8.8 crs. So, i don't understand how come this can happen if revenue is almost same and profit increases by 8 times.
I am a supplier to Rajshree Polypack have been dealing with them since a while now. The management is decent and ensures the payment is timely. So, a decent company to deal with, I will recommend them and surely apply for 4000 shares.
Its a very nice Company with good track record and marquee customers. Industry segment is also very good and growing. Should be a good investment opportunity.
Merchant Banker hasnt done any IPO in last 3 years which is not of much concern. One must look at the Company profile and performance for taking Investment Decisions.
Not PL Capital, but Raj Oil Promoters chor the. Even Orient Green power had its IPO at the same time with a price of 55rs. and the current price is around 7-8 rs. Will you say Enam was a chor because Enam was the BRLM for the IPO.
Agreed.... Rajshee IPO. Track record of PL Capitals - merchant IPO.... Rajoil, rishabhdev, austral, ganesh jewellery, all IPOs underperfomer, SME - Mitcon - underperfomer, Strongly avoid IPO of PL. Bad name in stock market. details taken from website, Wasting investors money. Purely avoid dont get trapped. Investor crying till date.
Track record of PL Capitals - merchant IPO.... Rajoil, rishabhdev, austral, ganesh jewellery, all IPOs underperfomer, SME - Mitcon - underperfomer, Strongly avoid IPO of PL. Bad name in stock market. details taken from website, Wasting investors money. Purely avoid dont get trapped.