Hello, I strongly recommend to invest in shree ganesh ipo, guys pls. stop misguiding, shree ganesh has been getting the award for being the largest exporter of handcrafted jewellery, it is a 4 star Export House and has been recognised by Govt. of India,
some of the new name have come to this forum && recomending ganesh jewellery, i think they are related to co or lead managers, otherwise why promote o jewellery co coming out at 2x valn of good listed peers
Wow a great prospect of Investing and Why Not !! cud u believe No. 1 Rated in hand craft jewellery exports and already a 4 Star (rated by the Govt of India).Again as comapny's performance is being climbing up in last 3 years and when they have announced of an IPO I think Yehi Hai Right Choice Friends to Invest in the IPO and be a part of the company.
Jai HOOOOOOOOOO Shree Ganesh about yr Announcement of an IPO.
SHREE GANESH is India's No.1 Gold Jewellery exporting & manufaturing company. Manufacturing 17,500 Kilograms of Gold Jewellery, is enough reason to feel it's growth. Hence, good return is sure. Dont miss it...
SHREE GANESH is India's No.1 Gold Jewellery Import-export & manufaturing company. Manufacturing 17,500 Kilograms of Gold Jewellery, is enough reason to feel it's growth. Hence, good return is sure. Dont miss it...
I strongly recomend to Invest in this company as the company is a largest exporter of gems and jewellery & it has been audited for the past few years by KPMG one of the leading auditors and it is CRISIL and CARE rated.
though out of topic those who want gold price updates on ur mobile thru google sms service pl.register at http://labs.google.co.in/smschannels/subscribe/sanklecha
Very expensive stock if it priced at 260-270. all jewellery stocks have valued at p/e between 5-7 and this is asking p/e of 11 wow guts of promoters to come at this price. infact the promoters are clever as they know markets are in good condition and people will apply in excitement without considering the valuation.
stay away to save your money . the fair value of stock is not above 150 rs
I PERSONALLY RECOMMEND STRONLY ON SUBSCRIBING TO SHREE GANESH FOR THE BELOWMENTIONED REASONS :
a) Shree Ganesh Jewellery House Limited was felicitated by the “Gems and Jewellery Export Promotion Council – Kolkata” for achieving outstanding export performance at Taj Bengal on 11th Feb, 2010 and they have been getting awards year on year which is ample proof of the capabilities.
b) A report in the Economic Times of 27th May,2009 says that the Ghana Government is has shown keen interest to work with Shree Ganesh Jewellery House Ltd.,and i am sure that as per protocol they must have done their homework and fact findings before offering for a tie-up with the organization.
c) The Company also fulfills its social responsibilities by giving donations to Indian Cancer Society and adopting a School for the underpriviledged as well as CRY,to give back to the society.
d)The Rates even given by the Credit Rating Agencies like CRISIL & CARE are good enough to instill confidence.
e) With a strength of 500 Artisans and manufacturing 17,500 Kilograms of Gold Jewellery is enough reasons to show how big the company is as i am sure they must be having a strong order book to maintain an artisan strength of 500 artisans.
f) The promoters even seem to be young dynamic people with the type of interviews being given them to the media.
Finally,what i personally would like to say is that,I am surely NOT GOING TO MISS THE BUS and about you,you are the best judge.
Sanju, CRISIL,CARE Rating is all abt fundamental,it does not say about valuation.At the end of the day valuation is matter, whether its expensive or cheap IPO.
sanju plz correct urself "one should go for it" it should be "only you should go for it" the fact given by u is given by doodh pita bachha go u will be rewarded with jewells
going through the comments of various people on this board i went through some finer details of the company and found that COMPANY has been audited for the past few years by KPMG one of the leading auditors and it is CRISIL and CARE rated. so i think one should invest in this company blindly