Numbers here don't seem cooked up to me. Order book is real - huge advance of 82 Cr given by Jal Nigam is reflecting in current liabilities means the govt orders are genuine and explains the improvement in financials.
Price is a little high (14 PE), but offset by huge order book. Promoter isn't very impressive, maybe due to language barrier. I will be applying here.
53. KPCT| Link| Bookmark|
April 10, 2024 11:46:12 AM
Top Contributor (500+ Posts, 100+ Likes)
Applied 7 Retail.
53.1. KPCT| Link| Bookmark|
April 10, 2024 2:36:17 PM
Top Contributor (500+ Posts, 100+ Likes)
Most of time my experiments have been proven favorable move. Recently, Juniper, RBZ, Ondoor, Manoj Ceramic, Canarys, electro force, Exep. Graphisad, Gopal
52. SOAM| Link| Bookmark|
April 10, 2024 2:13:17 PM
Top Contributor (700+ Posts, 100+ Likes)
Sell & Apply else Avoid.
52.1. PLAZA| Link| Bookmark|
April 10, 2024 2:23:15 PM
IPO Guru (2000+ Posts, 1200+ Likes)
My suggestion to sebi Any lead manager to the ipo, if they get there company listing done with negative listing of around 20% (within 3 days of listing parameters calculation) That lead manager to issue should be banned for 3 to 6 months for handling next ipo.
Yes, You can give your suggestions to SEBI to protect small investors. It depends upon SEBI to react on it.
42.2. GJ Eighteen| Link| Bookmark|
April 10, 2024 11:02:15 AM
Top Contributor (300+ Posts, 100+ Likes)
@Anil Mwt@Sambhav Jain sir, this isn't seems possible. It's upto investors when to apply and exit. For any nation to grow, the Small and medium sector needs push from government. This government has done very right to promote the small entrepreneurs and provide their plateform to showcase their potential. LM are those, who explore the potential in small enterprises and provide the plateform to showcase their ability. However, restricting the SMEs and LMs by implementing stricter policy is not good for any nation. Even if, 2-5% of the SMEs become successful to make their way to midcap and even fewer to large cap, it will be huge achievement for any nation.
@Sambhav Jain@GJ Eighteen But they can be banned for only 3-6 months, or even lesser, so that ipo premium can be charged with more responsibility..!! Let see in future, something can be done by sebi..!! I will write to SEBI🤞