13. Cyclodium| Link| Bookmark|
May 29, 2023 2:43:43 PM
Top Contributor (600+ Posts, 100+ Likes)
Why are so many people saying avoid Balance sheet good Roe and roce very good Idk about valuations Maybe valuations is too high thatswhy many people saying avoid But won't be surprised if this also sails through I'm gonna take the risk and apply
@Cyclodium I would request you to please read complete review by Dilip Davda Sir before taking a final decision on SMEs. His reviews are really helpful in understanding the fundamentals of a SME, excluding grey market games. I wholeheartedly thank Dilip Sir for his efforts in helping us to take decisions in SMEs. There are hardly any good reviews available for SMEs elsewhere except Chittorgarh.com 👍👍🙏🙏
Can't understand the rational of "Avoid" rating by DD for this nice looking company. Similar "Avoid" rating was given by DD to Ksolves proving him wrong.
Looking into the Financial Figures, Company not interested in giving more to QIBs. May be a favor to others. Others going to apply according to their financial strength. Let's wait for concern of Retailers, if any, till last only.
@hope is life, Thanks for adding this info. Seems rather strange. Will go through RHP properly tomorrow. As of now, will most likely skip it but will wait for subscription and GMP to take a final decision.
yes sir its strange even they are selling laptops, hardware etc getting big contact of EV CHARGING STATION (see page no 79 of rhp) its strange nd curious also when u r in IT related business nd suddenly shows interests in EV BUSINESS.. also using net proceeds in this
I M TAKING THIS POSITIVELY (good decision from promoters, they are going with direction of wind[EV RELATED FUTURE])
note-this is not any kind of suggestions just observations from RHP..
6.6. Imhilli| Link| Bookmark|
May 28, 2023 9:54:42 PM
IPO Guru (1200+ Posts, 700+ Likes)
The IT portfolio of the company is good and participating in all latest developments. Not sure of the source of such a high revenue reported. Presently going for diverge investment in EV charging station. Looks like the company doesn't have stability in its core business and that's why trying for diversity. Not an obvious choice for me.... Will see the GMP and subscription figure to take a call.
6.7. Imhilli| Link| Bookmark|
May 28, 2023 11:08:27 PM
IPO Guru (1200+ Posts, 700+ Likes)
Can't take all the avoid calls by Dilip Sir blindly. Now a days he is very Conservative in SME.
No doubt a small company of 2020, but entrepreneurs have no boundaries and no field. They are spread all over the country and in diversified sector of present situation. If one has funds and ability he can be a successful entrepreneur. All our big bosses have started at small level with one product, they have diversified into different fields at unbelievable levels. The things required are : decision, dedication, execution, interpretation and finally good intention.
A very good SME from Gujarat coming for rewarding investors with considerable good size. All positive figures : Total Assets Total Revenue PAT Net Worth and Revenue Allare increasing every year after but Borrowingsdecreasing every year. Difficult to see such financial figures. As far as price band , nobody is going to give free hand. Due to all positive, going to subscribe heavily, difficult allotment but good gain candidate. All unblocked funds available. To apply with FF.