no rajashtan based compnies succeeded. I am holding Modern Insulators for the last 20 years. For the name sake and for the promoters sake the company is there. Now a days no trading is also taking place. Be careful rajashtan based companies????
Definately not worth to subscribe at hefty 35 rupees. Better do some homework and buy some fundamentally sound company share from declining secondory market. If issue price would have been fixed at 15 then it was worth considering.