Last year pat 17 lakh and asking a market cap of 60cr. What to say . I m running out of words.
12. lokes| Link| Bookmark|
October 30, 2023 3:13:51 PM
IPO Guru (4400+ Posts, 5100+ Likes)
Skipping this one. Financials are not good and future growth also doesn't look promising as company is regional and no much growth in past 3 years....LM also not good here.....so no need to take risk when other better ipos are available...
12.1. Basuvr| Link| Bookmark|
October 31, 2023 8:13:10 AM
IPO Guru (1900+ Posts, 1000+ Likes)
No reason to apply. There are many good SMEs there with the same. No doubt, subscription of other SMEs are going like rocket and allotment will be very difficult. But when any member will get allotment, the profit will be quite good. A bad allotment is never better than no allotment. What to say more. Just for learning, to make loss is not advisable. Learning and earning both should go side by side.