dont waste time & money, applying. huge subscription even for medium type issue. invest in secondary market, make money when the market is bullish. IPO IS TRYING YOUR LUCK, WASTE OF TIME
While we understand that the IPO mania has been so tempting for both companies as well as investors, such excessively high valuations are too prohibitive to convince investors risk their capital that too in SME IPO. At PE too high in comparison to peers, oscillating financials and varying revenue figures, investors are advised to exercise due caution before taking any call. Reward to risk ratio is 1:4 in this listing.
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Please see the price of Kaarya Facility on bse sme . Service company will be always in high growth . No one have a time to look after faltu matters which can be get by out sourcing .Experts pl put your precious views .
Looks like cashing in on Sme Frenzy. Very Very expensive Valuations. Misleading EPS Numbers. Shares diluted after March 2017. PE Looks Attractive for March 2017. If you look at Forward PE With Diluted Shares it looks 4-6 times more expensive than Peer. net worth after dilution is one forth of Peer Final Conclustion: Burn your Hands by subscribing
Recently posted. Over past three years no significant change in revenue but last financial year (FY 17) 100% increase in PAT. May there any reason for such sudden increase ? i think last FY17 result is something fishy.